PayPal makes quick guest-checkout solution Fastlane available to U.S. businesses

PayPal said on Tuesday that it is making its quick guest-checkout solution, Fastlane, available to all U.S. merchants after testing it with select businesses for a few months. Businesses will initially have to use the company’s payment processing services, such as PayPal Braintree or PayPal Complete Payments, to use Fastlane. …...Read More

Hyperspace is building custom instances to accelerate database searches

The growth in the demand for generative AI apps has led to a need for larger and larger databases to store the associated data (e.g. model training data). These databases tend to be resource-intensive from a hardware perspective and depending on the algorithms used to orchestrate them, they can be …...Read More

Amazon's India chief resigns amid intensifying competition

Manish Tiwary, the head of Amazon’s India operations, is leaving the firm as the U.S. e-commerce giant grapples with mounting pressure from competitors in one of its crucial international markets. Tiwary, who took over as country manager in late 2020, leaves as Amazon has noticeably increased its focus on cloud …...Read More

Uber highlights autonomous vehicle efforts now that Tesla's in its rearview mirror

Uber reported strong second-quarter results, with gross bookings and net profit both up by a decent margin. But the company instead chose to highlight the success of its autonomous vehicle effort — likely to assuage investors concerned about incoming competition from Tesla, which aims to reveal its first robotaxi in …...Read More

German computer scientists raise $30 million to help companies make sense of their data

It’s not easy for organizations to become data-driven, despite the aspirations many have to get there. Even orgs with data analytics teams often struggle to make effective use of their data. According to a recent Gartner survey, fewer than half of data and analytics leaders say their teams are effective …...Read More

Figure’s new humanoid robot leverages OpenAI for natural speech conversations

Figure has unveiled its latest humanoid robot, the Figure 02. The system is — and its name helpfully suggests — the successor to the Figure 01 robot unveiled in 2023. An initial teasr video is similar to those we’ve seen from other humanoids, echoing consumer electronics product videos, rather than …...Read More

H3X scales up its electric aerospace ambitions with $20M in new funding

Many industries that rely on legacy energy sources are aiming to electrify or at least streamline their operations, but for countless use cases the tech just isn’t there. H3X is changing the game with electric motors so compact and efficient that the aerospace and marine world — not to mention …...Read More

GrubMarket has acquired Good Eggs

More consolidation is taking place in the world of online food delivery. TechCrunch has learned and confirmed that GrubMarket — the startup backed by Tiger Global, among others, that has quietly built a B2B empire in produce and grocery logistics — has acquired Good Eggs, the once-feted fresh food delivery …...Read More

Venu Sports wants to make it easier to stream live sports

Live sports are finally moving onto streaming in a serious way, with a new service called Venu Sports set to launch this fall. This is a joint venture between Disney and Fox (which are part of the same company), as well as Warner Bros. Discovery. It will include 14 live …...Read More

UK's Riverlane scores $75M to correct quantum errors

Quantum computing may still largely be in the theoretical domain, but the money that it’s attracting is very real. Riverlane, a specialist in quantum error correction technology, has raised $75 million to continue expanding its R&D and operations to build out its operations amid a surge of interest from quantum …...Read More