Eldercare robot ElliQ nabs another $25 million in funding

Eldercare robot ElliQ nabs another $25 millio...

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Microsoft’s AI data center push is colliding with its clean power goals; plus, China’s Moonshot AI raises $2B as demand for open-source AI skyrockets

The push for new data centers at Microsoft is putting one of the its key clean power goals at risk. Also, Moonshot's annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage. Learn more about your ad choices. Visit podc ...  Show more

Tinder owner Match Group is slowing hiring to pay for its increased use of AI tools; plus, Apple will pay $250M to settle lawsuit

Match Group said that it's slowing its hiring plans for the rest of the year because AI tools "cost a lot of money." Also, Apple has agreed to pay $250 million to settle a class-action lawsuit for overpromising the arrival of Siri's AI features. Learn more about your ad choices. ...  Show more

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Databricks, Perplexity co-founder pledges $100M on new fund for AI researchers
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Andy Konwinski is pledging $100 million of his own money for a new kind of institute to fund researchers. It's already backed Ion Stoica's new lab. Learn more about your ad choices. Visit podcastchoices.com/adchoices 

Software testing platform LambdaTest secures $38 million for AI push
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LambdaTest, a cloud-based software testing platform, has raised $38 million in a funding round as it looks to expand its presence in existing markets and advance its AI capabilities. The San Francisco and Noida-headquartered startup’s Series D round has been led by Avataar Ventur ...  Show more

Apptronik, which makes humanoid robots, raises $350M as category heats up
TechCrunch Startup News

Apptronik, a University of Texas spin-out that was quietly building humanoid robots before it became quite so fashionable, on Thursday announced a $350 million Series A round of financing. B Capital and Capital Factory co-led the round, which also featured participation from Goog ...  Show more

Rivian spinoff Also raises another $200M to build e-bikes and more
TechCrunch Startup News

The micromobility startup that spun out of Rivian this year, was raised $200 million from Greenoaks Capital. Also, French AI startup Mistral is in talks to raise up to $1 billion in equity from investors including Abu Dhabi’s MGX fund, reports Bloomberg Learn more about your ad c ...  Show more