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DroneUp unveils platform for last-mile autonomous drone delivery
DroneUp LLC, an autonomous drone delivery firm, today introduced what the company calls an autonomous ecosystem that combines automated ground infrastructure for businesses, software operating systems and its drone platform for last-mile deliveries. The DroneUp Ecosystem begins with the DBX system, which is a climate-controlled locker and drone landing platform that has a footprint smaller than a ...
0G Labs raises $35M for modular blockchain storage for decentralized AI
0G Labs, or Zero Gravity Labs, a Web3 and blockchain firm said Monday that the company raised $35 million in a pre-seed funding round to build a modular distributed ledger blockchain network aimed at large-scale storage for decentralized artificial intelligence systems. The colossal pre-seed round attracted investments from over 40 Web3 venture firms including Animoca, Hack ...
Firecell raises $7.2M to build 5G solutions for industrial applications
Private 5G connectivity provider Firecell today announced that the company raised €6.6 million ($7.2 million) in a seed round led by Ventech and Matterwave Ventures to develop a range of 5G solutions to power industrial smart applications. Bpifrance’s Digital Venture fund and Bouygues Telecom Initiative also joined the funding round. Founded in 2021, Firecell provides ...
EU begins investigating Meta, Apple and Google under new tech law
The European Commission, the European Union’s executive branch, today said it launched investigations into the business practices of Apple Inc., Alphabet Inc. and Meta Platforms Inc. under the new Digital Markets Act. The Digital Markets Act, agreed to by EU legislators in 2022, went into effect on March 7. It affects messaging services, online advertising, ...
Meta updates Threads to connect with Mastodon and other fediverse social networks
A new update to Meta Platforms Inc.’s social media platform Threads will allow users to connect their social media profiles to the fediverse, which will allow them to be visible on other platforms such as Mastodon. The capability, announced by Meta’s engineering team on Thursday, allows users in the United States, Canada and Japan to “federate” their ...
Google releases second developer preview for Android 15
The Android team at Google LLC today released the second developer preview for Android 15, which includes extended support for satellite connectivity, better support for large screens, prioritizes privacy for developers and streamlines app performance. Previews provide a way for developers to get time hands-on with the upcoming operating system before the Android team begins to ...
Japanese startup Sakana releases AI models created through ‘evolutionary’ processes
Sakana AI, an artificial intelligence startup based in Tokyo that takes inspiration from nature, today announced a new method for creating generative AI models using what the company says is similar to evolutionary processes by merging models together. “Our method can automatically create a new underlying model with the capabilities specified by the user,” the ...
Morph raises $20M to build consumer-focused Ethereum scaling blockchain solution
Morph, a blockchain company making a layer 2 Ethereum scaling solution aimed at assisting developers building consumer-focused decentralized apps, today announced it has raised $20 million in a seed funding round led by Dragonfly Capital. The funding round attracted participation from Panthera Capital, Foresight Ventures, The Spartan Group, MEXC Ventures, Symbolic Capital, Public Works, MH Ventures and ...
Google fined $272M by French government over AI use of news content
France’s competition watchdog said today it has fined Google LLC €250 million (about $272 million), citing concerns that the company used copyrighted information from media publishers in the European Union. The watchdog, Autorité de la Concurrence, said that Google had trained its artificial intelligence chatbot Gemini, previously known as Bard, on content from news publishers and agencies ...
Healthcare industry chatbot firm Hippocratic AI raises $53M at $500M valuation
Hippocratic AI, a company building a safety-first focused artificial intelligence large language model for the healthcare industry, announced Monday it has raised $53 million in new funding increasing the company’s valuation to $500 million. The Series A funding round was co-led by Premji Invest and General Catalyst with participation from SV Angel and Memorial Hermann Health System. ...