Startups

Computer vision could be a lot faster and better if we skip the concept of still frames and instead directly analyze the data stream from a camera. At least, that's the theory that the newest brainchild spinning out of the MIT Media lab, Ubicept, is operating under. Most computer vision applica

Some of Silicon Valley Bank's customers are struggling to transfer funds out of their bank accounts, numerous sources tell technewss. The seeming wave of attempted withdrawals comes after SVB announced yesterday that it lost $1.8 billion in the sale of U.S. treasuries and mortgage-backed secur

It will go down in the history books about Silicon Valley: the time that its most prominent bank, a bank founded nearly 40 years earlier, inflicted such grievous injury on itself that it it had to be abruptly shut down. And why? Not because the bank was falling apart at the seams. Instead, because

Shares of Silicon Valley Bank are down sharply Thursday in the wake of the company's announcement that it is raising additional capital by selling stock, taking a charge to roll over an asset portfolio to higher-yielding assets and extending its term-borrowing capacity. Venture firms are advisi

Mythic, an AI chip startup that last November reportedly ran out of capital, rose from the ashes today with an unexpected injection of fresh funds. Mythic this morning announced that it closed a $13 million financing round led by existing investors Atreides Management, DCVC and Lux Capital alongsid

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Bach, an app for planning bachelorette trips and group travel experiences, has announced $9 million in Series A funding led by Pritzker Group Venture Capital. The app, available on the Google Play Store and the iOS App Store, is designed to help users plan a group trip with their friends from sta

Social music streaming startup Stationhead announced today that it’s launching a new live commerce tool that allows select artists and hosts to sell digital tracks to fans during livestreaming parties on their stations. The startup says artists including BlackPink, Niall Horan, TXT and 5 Seco

Move over, software. Prompts may well be the new o. Writing the text strings that instruct AI systems like ChatGPT and DALL-E 2 to generate essays, articles, images and more has become a veritable profession, commanding salaries well into the six-figure range. Anyone can come up with prompts, of co

For years, Phil George was the executive sponsor of a mentoring program at McMaster-Carr, an industrial hardware supplier, where he spent weeks trying to match program participants with only scant information about them to go on. Employees often requested resources while mentors asked for training,

Brussels-based startup Cowboy has been in the news lately for its cash burn rate. But the company wants to control its narrative again with some product and business news. Cowboy is launching a new feature called “AdaptivePower,” which automatically adjusts the power of the motor depend

Using data to make better decisions faster helps startups in the crowded SaaS space improve product development, identify hidden market opportunities and complete work with fewer false steps, important priorities as these startups seek out a piece of the booming SaaS market, projected to increase b

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Happy International Women's Day! Did you know that the holiday was adopted by the UN 46 years ago? We read the Wikipedia article about IWD, and learned stuff.

A steady stream of new startups pitch their ideas, concepts, products and services on a daily basis to technewss reporters: Startups that claim to predict when employees might want to leave for a new job; that think they can detect depression using someone’s voice; that experiment by using c