Eldercare robot ElliQ nabs another $25 million in funding

Eldercare robot ElliQ nabs another $25 millio...

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Databricks’ former AI chief thinks he can cut AI’s power bill by 1,000x; plus, Klue may have solved one problem but have another

Un0 is an image-generation system tool that shows for the first time how the company's technology can replicate conventional AI systems. Also, market research company Klue told customers that it believes the hacking group that stole their data is now deleting it. The company, how ...  Show more

OpenAI unveils its first custom chip, built by Broadcom; plus, Valor Equity Partners looks to raise a $2.5B Fund VII

Named Jalapeño, the new processor was designed specifically for the unique needs of OpenAI's inference systems. Also, new details have emerged about Valor's latest fund, which last year announced it was raising an unspecified amount of capital. Learn more about your ad choices. V ...  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
TechCrunch Startup News

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