Meta unveils its newest custom AI chip as it races to catch up

Meta, hell-bent on catching up to rivals in the generative AI space, is spending billions on its own AI efforts. A portion of those billions is going toward recruiting AI researchers. But an even larger chunk is being spent developing hardware, specifically chips to run and train Meta’s AI models. …...Read More

eBay enters trading card commercial agreement with Collectors, acquires Goldin

As eBay continues to invest in the trading card space, the e-commerce company announced Wednesday three significant commercial transactions with Collectors, the parent company of PSA (Professional Sports Authenticator), the third-party authentication and grading provider in the collectibles industry. The transactions include a trading card commercial agreement that aims to …...Read More

A $60M venture fund with a twist, and more startup-on-startup acquisitions

Ah, spring has sprung here in the Northeast United States, and it’s not only flowers that are blooming. No, startup-on-startup deals are the crop this season! Today on Equity’s startup-focused Wednesday show, we dug into the Multiverse-Searchlight deal, which reminded us of the Wonderschool-Early Day transaction that we covered on …...Read More

Turkish startup ikas attracts $20M for its e-commerce platform designed for small businesses

It’s easy to assume the e-commerce ship has sailed when you consider we have giant outfits like Shopify, WooCommerce and Wix dominating the sector. But the opportunity for e-commerce platforms that cater to brands remain vast and fertile, since so many smaller businesses continue foraying into the internet in the …...Read More

Muscle tissue harvested from mice cells move ‘biohybrid’ robots

Sometimes nature provides the best blueprints for building effective robots. It also can provide the best material. Billions of years of natural selection has built some pretty impressive machinery, so you can’t really blame engineers for borrowing a bit of inspiration from the world around them. In particular, the field …...Read More

Collaborative Robotics is prioritizing ‘human problem solving’ over humanoid forms

Humanoids have sucked a lot of the air out of the room. It is, after all, a lot easier to generate press for robots that look and move like humans. Ultimately, however, both the efficacy and scalability of such designs have yet to be proven out. For a while now, …...Read More

Buffet's new app tackles the loneliness epidemic by connecting people in the real world

If you’ve been feeling lonely over the past few years, you’re not alone. According to a 2023 report from the U.S. surgeon general, about half of U.S. adults reported feeling lonely, even before the COVID-19 pandemic. The report warns that loneliness and isolation can lead to physical consequences, such as …...Read More

Proxima Fusion raises $21M to build on its 'stellarator' approach to nuclear fusion

Venture capitalists’ appetite for fusion startups has been up and down in the last few years. For instance, the Fusion Industry Association found that while nuclear fusion companies had attracted over $6 billion in investment in 2023, $1.4 billion more than in 2022, the 27% growth proved slower than in …...Read More

Cambium is building a recycled wood supply chain

The global demand for wood could grow by 54% between 2010 and 2050, according to a study by the World Resources Institute. While some building materials like steel get consistently recycled back into the supply chain, wood does not. Cambium hopes to fix that. Cambium looks to build the supply …...Read More

True Anomaly CEO finds the silver lining in the startup's anomalous first mission

True Anomaly’s first mission didn’t go as planned by any stretch of the imagination, but the space and defense startup’s CEO, Even Rogers, said he doesn’t consider it a failure. Providing new details on what went right and wrong, he explained how they’re turning this anomaly into a “success story.” …...Read More