Flower Labs launches a new service that automatically switches from local to cloud AI

Flower Labs, a Y Combinator-backed startup, on Tuesday launched a preview of its distributed cloud platform for serving AI models, called Flower Intelligence. Mozilla is already using it to power the upcoming Assist summarization add-on for its Thunderbird email client. What makes Flower Intellige

Geothermal could power nearly all new data centers through 2030

There's a power crunch looming as AI and cloud providers ramp up data center construction. But a new report suggests that a solution lies beneath their foundations. Advanced geothermal power could supply nearly two-thirds of new data center demand by 2030, according to an analysis by the Rhodi

OpenAI launches new tools to help businesses build AI agents

On Tuesday, OpenAI released new tools designed to help developers and enterprises build AI agents — automated systems that can independently accomplish tasks — using the company’s own AI models and frameworks. The tools are part of OpenAI’s new Responses API, which lets bus

Mark Cuban says AI is ‘never the answer,’ it’s a ‘tool’

Speaking at the SXSW conference in Austin, tech investor and entrepreneur Mark Cuban shared his thoughts on how AI technology can help small businesses outperform their competition. In short, he told the crowd that AI was not the answer, in and of itself; it’s meant to serve as an aid that ca

Hugging Face expands its LeRobot platform with training data for self-driving machines

Last year, Hugging Face, the AI dev platform, launched LeRobot, a collection of open AI models, datasets, and tools to help build real-world robotics systems. On Tuesday, Hugging Face teamed up with AI startup Yaak to expand LeRobot with a training set for robots and cars that can navigate environm

Waymo expands its robotaxi service across Silicon Valley

Waymo will start offering robotaxi rides to people in its “Waymo One” early rider program in Mountain View, Los Altos, Palo Alto, and “parts of Sunnyvale” starting Wednesday, an expansion that will bring its footprint in Silicon Valley to 27 square miles. The Waymo vehicles

Virtual physical therapists Hinge Health files for IPO, estimated to raise $500M

Hinge Health, a 10-year-old company that offers a digital solution to treat chronic musculoskeletal (MSK) conditions, filed to go public. Although Hinge has not yet announced how many shares, nor priced them, the IPO specialists at Renaissance Capital estimate the company hopes to raise up to $500

BaaS startup Synctera raises $15M, signs Bolt as a customer

The banking-as-a-service space took a hit last year when Synapse collapsed. But that hasn't stopped BaaS startup Synctera from raising another $15 million in funding, it tells technewss exclusively. Synctera works to provide companies “of all shapes and sizes with everything they need to la

The sibling founders of Stax Payments are back with a $20M seed raise for their new fintech, Worth

Worth, a company focused on helping fintechs, banks, and enterprises underwrite small and medium-sized businesses more easily, has raised $20 million in a seed funding round, the startup tells technewss exclusively. It's a large seed round, especially these days when capital is harder to come

FTC says Americans lost $12.5B to scams last year — social media, AI, and crypto didn’t help

You’re not the only one getting voicemails about your car’s extended warranty. According to the U.S. Federal Trade Commission (FTC), about 2.6 million people submitted reports on falling victim to fraud in 2024, totaling $12.5 billion in losses. That’s a big jump from $2.5 billio

TikTok now lets parents see their teen’s follower/following list, block access during certain hours

TikTok announced on Tuesday that it’s rolling out new features to protect teens on its app. The social network is giving parents the ability to block their teen from using TikTok during certain hours and see their teen’s following and followers lists through new Family Pairing features.

EU AI Act: Latest draft Code for AI model makers tiptoes towards gentler guidance for Big AI

Ahead of a May deadline to finalize guidance for providers of general purpose AI (GPAI) models on complying with provisions of the EU AI Act, a third draft of the Code of Practice was published on Tuesday. The Code has been in development since last year, and this draft is expected to be the last.

Meet the new VC firm secretly backed by Volkswagen

A new venture firm called Leitmotif has been on a quiet blitz for the last 16 months, funding around 20 startups broadly focused on decarbonization. Its portfolio includes EV companies, space and battery plays, and four nuclear fusion startups. But the firm has only said its funding is from “Euro

Musk’s Starlink to launch in India through Airtel

Telco giant Airtel Tuesday announced a partnership with SpaceX to launch Starlink’s high-speed satellite internet services in India — years after Elon Musk’s company made its first moves to enter the country, the world’s second-largest internet market after China. Importan