Startups

As organizations rush to embrace AI, it’s putting the cloud — or clouds, rather — under strain. Amazon Web Services, Microsoft, Google and Oracle, facing an unprecedented spike in demand for the server chips that train and run AI-powered software, are limiting their availability f

Pockit, an app that offers financial services to people “underserved by traditional banks,” as the startup describes it, announced today that it raised $10 million in a funding round led by Puma Private Equity, with participation from The North East Development Capital Fund. With the tr

Several years ago, Zach Epstein was leading marketing measurement initiatives at Google, helping large corporate customers to build out measurement infrastructure. After leaving the tech giant, Epstein — who observed while at Google that this type of infrastructure tended to be expensive and

Black founders raised $212 million out of $29 billion this Q2, picking up just 0.71% of the capital allocated to U.S. founders this quarter, according to Crunchbase. In Q2 2022, Black founders raised $602 million out of $62 billion, or 0.97%, of the capital allocated. In total, Black founders raise

Here’s another edition of “Ask Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says S

I've broken down the wins and fails of more than 60 decks for technewss+. But if we're being honest, these Pitch Deck Teardowns are a bit of a performance. It's edu-tainment: Yes, you learn something about some of the things that work and don't work about a deck, but you don't

For a recovering gamer like me, one of the most exciting applications of generative AI is dynamic dialogue. I’m not suggesting AI replace writers — goodness forbid. But as anyone who’s sunk hundreds of hours into an RPG can tell you, scripted NPC interactions get old fast. There a

Python enjoys great popularity with developers, which is why the founders of Reflex chose it as the basis for their low-code web app development platform. The startup, formerly known as Pynecone, wants to straddle the line between making it easy to build an app, while giving enough flexibility to c

In late 2017, three entrepreneurs — Abhinav Das, Aditya Bhatia and Akash Bansal — came to the mutual realization that the final steps of building furniture — specifically painting and sanding — were incredibly time-consuming, not to mention costly. Often, painting and sandin

We all know how important data quality is. That's where the timeless phrase “Garbage in, garbage out” came from. As the pace of data creation accelerates, and it gets used in a variety of ways across a company to make business decisions, deliver quality customer experiences and driv

In 1915, Gillette offered free safety razors to U.S. soldiers shipping out in World War I. This simple act of marketing significantly increased brand awareness on the part of millions of Americans, who subsequently continued purchasing Gillette products after they returned home. There have been man

Indian logistics startup Shadowfax is finalizing a funding round of about $60 million, more than a year after it began the funding deliberations, two sources familiar with the matter said. TPG NewQuest is positioning to lead the round, which also includes some secondary transactions, the sources sa

The competition in the spend management space continues to intensify. Brex and Rho today each announced AI-powered/enabled accounts payables offerings. Their announcements coincidentally came out the same day competitor Ramp announced it had expanded into procurement — further

The AI sector has gotten hotter over the last year. But unlike many of past venture fads — like crypto or web3 — the AI sector had a number of large startups and legacy players already active when the market started to froth. There have been AI exits and there are even whiffs of potential gover