Author: TechBrunch
The AI boom has led to a surge in demand for graphics processing units (GPUs). As many companies look to integrate AI technology into their systems, GPU infrastructure providers are helping businesses access the chips they need. In the latest development, San Jose-based GPU cloud infrastructure startup GMI Cloud has raised a Series A led by Headline Asia with participation from strategic investors including Thai energy company Banpu and Taiwan's Wistron. raised $82 million. An electronics company based in Banpu will provide power to GMI Cloud and Wistron will co-develop products with the startup. Alex Yeh, founder and CEO of…
The world of finance is always looking for signals, indicators that indicate opportunities to buy or sell in the market. Some may look for signals in expensive analyst reports, while others may find them in behind-the-scenes conversations with insiders. But investors sometimes need help finding these indicators that are hiding in plain sight. What Brightwave promises its AI agents will be able to spot are signals in public data. “There's a huge amount of unprocessed signals in the world right now,” Brightwave CEO Mike Conover (pictured above, right) told TechCrunch. “The core job of asset managers is to learn about…
Day 2 of TechCrunch Disrupt 2024 has arrived, and the energy from day 1 is still electrifying across San Francisco! We’re only partway through the 250+ speakers, 200+ sessions, and 350+ exhibiting startups at Disrupt. As expected, yesterday saw over 10,000 tech enthusiasts, startup founders, and investors filling Moscone West with energy — we’re not slowing down this momentum! Gear up for another action-packed day filled with immersive experiences. Dive in, make meaningful connections, and enjoy your time at the pulse of the tech world. The tech scene is at its finest! It’s still not too late to join this…
Salesforce on Tuesday announced the general availability of its AI agent development platform called Agentforce. The service is essentially a low-code or no-code way to deploy chatbots for your employees and customers. Salesforce says its new platform is already being used by companies such as OpenTable, Saks, and Wiley. “Agentforce doesn’t rely on human interaction to get the job done,” Salesforce wrote in a release associated with the news. “These agents can be triggered by changes in data, business rules, or pre-built automation.” Meanwhile, the company's site notes that the new service is a human-bot symbiosis. “Humans and agents work…
Best-selling author Margaret Atwood isn't worried about the unabated rise of generative AI. He told Reuters he was too old to worry about the impact on art. Her remarks follow a petition calling for an end to the unauthorized use of creative works to train AI models, which currently has more than 31,000 signatures. But Atwood's relaxed posture in Machine March isn't just due to age. This is supported by her critical assessment of the achievements of AI in specific artistic fields. “So far, AI is a shitty poet,” she told the news agency. “It's really bad. Like, worse than…
While it may not be a very sexy topic, facility management is at the heart of any business with a physical facility, and the larger the footprint, the more complex it becomes to manage. Portuguese startup Infraspeak has sought to address this issue with an all-in-one platform that provides facility managers and related service providers with insight and operational control into everything going on in a particular location. Founded in 2015, Infraspeak has raised around $20 million in funding and secured major clients including KFC, InterContinental and Primark. And to fuel its next phase of growth, the Porto-based startup announced…
Fixing the climate crisis is a vast, world-sized puzzle. But one particularly large piece of this ginormous conundrum is construction and real estate — which collectively amount for around 40% of global greenhouse gas emissions. Enter Munich-based data startup Emidat, which has built a software platform for automating the generation of validated Environmental Product Declaration (EPD) certificates for the construction sector. EPDs are a critical piece of the puzzle for understanding and mitigating the climate impact of the built environment. They require undertaking a product lifecycle assessment (LCA) to declare standardized info about the environmental impact of construction materials and…
Gaming company Krafton's Indian arm has backed IMM Investment's first India fund as an anchor limited partner as the battle royale BGMI maker expands its investments in the South Asian market. Seoul-based IMM Investment, which has supported Krafton and roughly half of South Korea's unicorn startups since their inception, has successfully raised its first Indian fund and brought in former Legend Capital partner Prakhar Khanduja to lead the company. Hired to run the department. Nihansh Bhatt, head of corporate development at Krafton India, told TechCrunch that the investment in the IMM fund will help gaming companies tap into new business…
Vinod Khosla has no doubts that humanity's future with AI is bright. The Sun Microsystems co-founder and prominent investor predicts that “the need to work will disappear” almost entirely due to AI. “It doesn't matter whether you're a primary care physician, mental health therapist, oncologist, structural engineer, accountant, etc., it's all available for almost free,” he said Monday in a conversation with TechCrunch editors. ” he said. – Chief executive Connie Loizos at the TechCrunch Disrupt annual conference. Asked why he was so optimistic about an AI-enabled future, Khosla said a world in which most human labor would be freed…
One of the more fascinating trends these days is the field that goes by various names, including national interest startups, American dynamism, and the New World. These startups develop technology in areas that are intended to be built, used, and created jobs in their home countries, such as the United States. We cover everything from aerospace and critical infrastructure to government, manufacturing and national security.This panel at Disrupt 2024 features Dcode Capital Managing Partner Rebecca Gevalt, Albedo Co-Founder and CEO Topher Haddad, and Biofire Founder and CEO Kai Kloepfer, who discuss how far Silicon Valley has taken the foundation of…