SiMa.ai secures $70M funding to introduce a multimodal GenAI chip

SiMa.ai, a Silicon Valley-based startup producing embedded ML system-on-chip (SoC) platforms, today announced that it has raised a $70 million extension funding round as it plans to bring its second-generation chipset, specifically built for multimodal generative AI processing, to market. According to Gartner, the market for AI-supporting chips globally is …...Read More

Decode GTM strategies with Index Ventures' Paris Heymann at TC Early Stage 2024

TechCrunch Early Stage 2024 is welcoming an outstanding addition to its roster of speakers as Paris Heymann, partner at Index Ventures, takes the stage. In his session titled “Scaling Through Chaos: The Art & Science of GTM,” Heymann promises to delve deep into the intricacies of go-to-market strategies at the …...Read More

India, grappling with election misinfo, weighs up labels and its own AI safety coalition

India, grappling with election misinfo, weighs up labels and its own AI safety coalition An Adobe-backed association wants to help organizations in the country with an AI standard India, long in the tooth when it comes to co-opting tech to persuade the public, has become a global hotspot when it …...Read More

Big tech companies form new consortium to allay fears of AI job takeovers

AI might not be coming for all jobs, but it might be coming for some. UPS’s largest layoff in its 116-year history was the result of, in part, new technologies including AI, CEO Carol Tomé said during an earnings call in February. Meanwhile, IBM plans to pause hiring for roles …...Read More

Coalesce raises more cash to transform data for Snowflake customers

Data transformation and optimization — tasks that many, if not most, large enterprises deal with — aren’t easy. But thanks to the enormous growth of AI and cloud technologies, the challenges appears to be increasing. In a recent Gartner poll, fewer than half (44%) of data and analytics leaders said …...Read More

ChromeOS brings customization for keyboard shortcuts

Google is rolling out the April update to ChromeOS users with features like the ability to customize keyboard shortcuts and mouse button actions. The update also brings improved offline text-to-speech voice support. The ChromeOS M123 update is rolling out to users over the next few days. Let’s go through these …...Read More

Business planning startup Pigment raises $145M in rare French tech megaround

Paris-based startup Pigment has raised a $145 million funding round just five years after its inception. The enterprise software company offers a business planning platform for large companies to visualize their past financial performance and forecast upcoming quarters. This funding round comes as a bit of a surprise as large …...Read More

Aerospike raises $100M for its real-time database platform to capitalize on the AI boom

NoSQL database Aerospike today announced that it has raised a $100 million Series E round led by Sumeru Equity Partners. Existing investor Alsop Louie Partners also participated in this round. In 2009, the company started as a key-value store with a focus on the adtech industry; Aerospike has since diversified …...Read More

Sachin Bansal's fintech Navi seeks $2B valuation in its first major external fundraise

Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2 billion, three sources familiar with the matter told TechCrunch. One source said he is looking to raise between $200 million …...Read More

X rolls out support for posting Community Notes in India ahead of elections

Weeks before the national elections in India, Elon Musk-owned X said it is rolling out support for posting Community Notes — the company’s crowd-sourced fact-checking program — in the key overseas market. The first set of contributors from India will start posting notes from today and more will be accepted …...Read More