Celestial AI raises $100M to transfer data using light-based interconnects
David Lazovsky and Preet Virk, technologists with backgrounds in semiconductor engineering and photonics, came to the joint realization several years ago that AI and machine...
Brex refocuses on startups with hire of SVB veteran, ex-a16z operating partner
Just over one year ago, spend management decacorn Brex declared that it was “less suited to meet the needs of smaller customers” in an announcement...
TuSimple may sell US business as it turns attention to Asia
Self-driving truck developer TuSimple may sell its U.S. business, the company said in a regulatory filing Wednesday. TuSimple, which is on the verge of being...
Spire and OroraTech will launch a fleet of wildfire monitoring satellites
The past few wildfire seasons in the United States and Canada have been some of the most memorable — and dangerous — on record. But...
Visa acquires Brazilian fintech startup Pismo in $1B blockbuster deal
Want more fintech news in your inbox? Sign up here. Credit card giant Visa is acquiring Brazilian payments infrastructure startup Pismo for $1 billion in...
Crypto losses halved in Q2 2023 to $204M
As if the pessimism around crypto wasn’t enough, the industry has historically been hounded by hackers and scammers looking to make a quick buck. To...
As $100M+ venture rounds evaporate, IPOs might have to carry the weight
Earlier this year we wrote that the “the $100M venture round is going extinct.” Often our predictions wind up sideways. This time we were on...
Reddit protest plunges user engagement, site activity and ad portal visits
Reddit community moderators made a bold move earlier this month that caused quite a stir online. They took a stand against the platform’s decision to...
Apple manufacturing partner Foxconn goes on a hiring spree in China : Tech Live Trends
Apple manufacturing partner Foxconn’s Zhengzhou plant is offering a bonus of 8,000 yuan (about US$1,105) for former employees who return regularly to the assembly line,...
Carl Pei’s ‘Nothing’ gets $96Mn ahead of Phone (2) launch
Carl Pei’s Nothing – the London-based consumer tech brand founded by former OnePlus head – has now secured a massive ‘something’ — an investment of...