Author: TechBrunch

A new report highlights the demand for startups building open source tools and technologies for the snowballing AI revolution, and the adjacent data infrastructure industry is heating up as well. Runa Capital, a venture capital (VC) firm that raised money from Silicon Valley and moved its headquarters to Luxembourg in 2022, has published the Runa Open Source Startup (ROSS) Index for the past four years and is growing rapidly. Shining a light on the company. Commercial open source software (COSS) startup. The company issues updates quarterly, but last year it produced its first annual report that looked at the entirety…

A Scottish company building one of the UK's first all-electric intercity bus networks has raised $14m (£11m) in a Series A round as it looks to expand across the country. Building a bus network from scratch, electric or otherwise, is not something that anyone comes up with overnight with a laptop and endless cups of coffee. A bus network requires buses, and there are plenty of them. And that's what Keith Bradbury and Pierce Glennie have been doing since founding Ember in Edinburgh in 2019, starting with a single car sourced from one of the few manufacturers willing to take…

Telegram gives users a free premium membership in exchange for allowing the instant messaging app to use their phone number as a relay to send one-time SMS passwords to other users trying to log into the platform We have introduced a controversial new feature. Potential privacy risks and leakage of personal information. This feature was first discovered by the TGInfoEn Telegram channel (via reverse engineering) assemble debug) is rolling out in some countries for Telegram for Android users. Once you agree for Telegram to use your number as his OTP relay, you will receive a Telegram Premium transferable code. The…

Uzum, an e-commerce startup providing online shopping, fintech and food delivery to millions of customers in Uzbekistan, raises $114 million in funding and becomes the country's first unicorn with a valuation of $1.16 billion It became. Uzbekistan is fertile ground for startups, given the fact that around 60% of the country's population of over 35 million people are under the age of 30. The country also boasts a near 100% literacy rate (according to the government), an internet penetration rate of over 76%, and a smartphone penetration rate of over 75%. In 2020, the Central Asian country had nearly 1,200…

Here's the hard truth behind personal care products: People mainly buy water and plastic. Water is by far the main ingredient in shampoo and shower gel bottles. Contains plenty of active ingredients. And because it's a “premix” product, companies spend a lot of money on plastic bottles to get those products down the toilet. French startup 900.care wants to try something new. Rather than buying a new bottle of shower gel every time you need it, this startup focuses on active ingredients. When you place your first order, you will receive an empty reusable plastic bottle with a pump. Place…

Last year, Salesforce, best known for its cloud sales support software (and Slack), led a project called ProGen that uses generative AI to design proteins. If his research moonshot, ProGen, comes to market, it could help find treatments that are more cost-effective than traditional methods, the researchers behind it say in his 2023 research moonshot. I made this claim in a blog post in January. ProGen culminated with the publication of research results in the journal Nature Biotech showing that AI can successfully create 3D structures for artificial proteins. But outside of the paper, the project didn't have much significance…

Maju Kuruvilla is no longer the CEO of one-click checkout company Bolt. He will be replaced as interim CEO by Bolt's head of global sales, Justin Grooms, according to Grooms' LinkedIn profile. Kuruvilla didn't say much about the change, but confirmed it on both LinkedIn and X by simply posting, “Checkout with one click.” @bolt! Forward,” he wrote with a rocket emoji. (He declined to comment further.) Commenting on his LinkedIn post, Arjun Sethi, co-founder of venture firm Tribe Capital, said he and the executive were “great to work with.'' It was wonderful.” The Bolt board of directors voted to…

There are countless reasons why home robots have had little success since Roomba. Price, practicality, form factor, and mapping all contribute to failure after failure. Even if some or all of them are resolved, the question remains: what happens when the system makes the inevitable mistakes? This is also a source of friction at the industry level, but large companies have the resources to respond appropriately when problems arise. But you can't expect consumers to learn programming or hire someone to help them whenever a problem arises. Thankfully, this is an excellent example of the use of his LLM (Large-Scale…

Noisy recordings of interviews and speeches are the bane of any audio engineer's existence. But a German startup hopes to solve this problem with a unique technological approach that uses generative AI to improve the clarity of audio in videos. Today, AI-coustics has emerged from stealth with €1.9 million in funding. According to co-founder and CEO Fabian Seipel, AI-coustics' technology goes beyond standard noise suppression and works across and in conjunction with any device or speaker. “Our core mission is to make every digital interaction – whether it's a conference call, a consumer device, or a casual social media video…

Global Screening Services (GSS), a London-based regulatory compliance platform that helps financial institutions meet global sanctions obligations, has raised $47 million in a funding round. The increase comes amid a surge in economic sanctions, with the United States imposing trade restrictions and asset blockades on countries including Russia, China, and Iran. execution Tom Scampion, co-founder and CEO of GSS, previously served as head of financial crime for Deloitte's EMEA division, leaving the firm in 2020 to become general partner at consulting firm AlixPartner. It became. GSS was originally founded there and spun out as an independent entity in 2021. In…