Tern AI’s low-cost GPS alternative actually works

We’ve all experienced that moment of frustration when the GPS glitches and you miss an exit on the highway. The team at Tern AI, which is building a low-cost GPS alternative, says that’s because the current technology is limited by its reliance on satellite positioning. Tern AI says it has …...Read More

How ‘The Electric State’ team created a world of unlikely robots

The new Netflix movie “The Electric State” depicts a world full of robots — but not robots as we know them. Directed by brothers Anthony and Joe Russo (who previously helmed two Avengers blockbusters, “Infinity War” and “Endgame”) for a reported budget of $320 million, “The Electric State” takes place …...Read More

How La Fourche, an online organic supermarket, is thriving after q-commerce's busted flush

La Fourche is just seven years old but it has been quite a rollercoaster for the French startup. During this time, the online grocery retailer has gone through a global pandemic, followed by the rise of venture-backed quick-commerce startups that promised grocery deliveries in less than 15 minutes, followed by …...Read More

Pentera nabs $60M at a $1B+ valuation to build simulated network attacks to train security teams

Strong and smart security operations teams are at the heart of any cybersecurity strategy, and today a startup that builds tooling to help keep them on their toes is announcing some funding on the back of a lot of growth. Pentera — which has built a system that launches simulations …...Read More

Wolf Games, backed by ‘Law & Order’ creator, uses AI to create murder mystery games

Elliot Wolf, the executive producer and son of “Law & Order” creator Dick Wolf, is entering a new venture aimed at engaging true crime fans. He, along with co-founders Andrew Adashek (CEO) and Noah Rosenberg (CTO), are developing Wolf Games, a new startup that leverages AI to generate daily murder …...Read More

Ditto lands $82M to synchronize data from the edge to the cloud

Ditto, a company that’s setting out to bring “resilient” connectivity to edge devices, has raised $82 million in a Series B round of funding at a post-money valuation of $462 million, more than double its Series A valuation from 2023. “Edge,” in the context of Ditto’s industry, refers to a …...Read More

Pokémon Go maker Niantic is selling its games division to Scopely for $3.5B

Mobile gaming giant Scopely on Wednesday said it has agreed to acquire Pokémon Go maker Niantic’s gaming division for $3.5 billion. Niantic said that it will add an additional $350 million cash to yield a total value of $3.85 billion to Niantic equity holders. Niantic’s games roster includes the hit …...Read More

Scimplify raises $40M to help manufacturers access specialty chemicals

Scimplify, an Indian startup that helps pharmaceutical and agriculture companies access a range of specialty chemicals, has raised $40 million in a new funding round co-led by Accel and Bertelsmann India Investments to widen its footprint in the U.S. and reach new markets. The Series B round pegs Scimplify’s valuation …...Read More

Salesforce to invest $1B in Singapore to boost adoption of AI

Salesforce plans to invest $1 billion in Singapore over the next five years as it seeks to fuel the adoption of its AI agent development platform, Agentforce. Salesforce claimed that Agentforce can help alleviate Singapore’s ongoing labor issues and augment the country’s workforce and enterprises by creating “digital workforces” that …...Read More

North Korean government hackers snuck spyware on Android app store

A group of hackers with links to the North Korean regime uploaded Android spyware onto the Google Play app store and were able to trick some people into downloading it, according to cybersecurity firm Lookout. In a report published on Wednesday, and exclusively shared with TechCrunch ahead of time, Lookout …...Read More