Durable cements $14M to build bots and other AI tools for small businesses in service industries

Builders, bakers and body conditioners might not be the first trades that come to mind when you think about how AI is transforming how we work. But today a startup that’s building AI-powered business tools specifically for them — and the thousands of other categories that make up the wo

PwC is acquiring Surfaceink, the hardware designer that was once a close partner of Apple

A lesser-known but significant player in the Silicon Valley tech world is getting acquired today — a move that underscores the changing economics in the world of hardware. Surfaceink, a company that got its start as Apple’s key hardware engineering partner after the return of Steve Jobs

TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia

ByteDance’s TikTok wants to do more business in Indonesia — Southeast Asia’s biggest e-commerce market. So after facing roadblocks from the regulators, it’s now come up with a new route to get there. TikTok is putting up $1.5 billion in a new joint venture that will bring To

Amazon loses second AWS India and South Asia top exec in less than a year

Vaishali Kasture, the executive Amazon appointed as the interim head of AWS India and South Asia, has quit the firm, a source familiar with the matter told technewss, merely seven months into the top role. Amazon didn’t immediately respond to a request for comment by email and phone. Amazon

Backed by Cresta founders, Trove’s AI wants to make surveys fun again

Surveys have become an integral part of many aspects of our lives, but most of them are tedious, leading to ineffective responses and actions. Dinghan Shen and Yuan Xue, two software engineers working in Silicon Valley, recognized an opportunity to leverage the breakthroughs brought by large langua

Why in-house platforms can undermine your business strategy

In the rapidly evolving tech landscape, the promise of control reigns supreme. And it's why founders, CEOs, and technical decision-makers are increasingly drawn to the idea of building in-house platforms. The appeal is understandable — complete sovereignty over every layer of the tech stack,

Rhythms launches out of stealth to make successful team habits replicable

A new company, Rhythms, wants to help organizations improve their productivity by using AI to identify the working patterns of top-performing teams. Rhythms, which integrates with a business’ existing internal apps and platforms, identifies sets of activities — think business reviews, r

Vast Data lands $118M to grow its data storage platform for AI workloads

Vast Data, to make an obvious pun, is raising vast sums of cash. The New York-based startup, which provides a scale-out, unstructured data storage solution designed to eliminate tiered storage (i.e. setups that move data between high- and low-cost storage hardware), today announced that it secured

Liquid AI, a new MIT spinoff, wants to build an entirely new type of AI

An MIT spinoff co-founded by robotics luminary Daniela Rus aims to build general-purpose AI systems powered by a relatively new type of AI model called a liquid neural network. The spinoff, aptly named Liquid AI, emerged from stealth this morning and announced that it has raised $37.5 million ̵

Twilio might actually deserve activist investor attention

Twilio by most accounts would be considered a startup success story. But after peaking at $400 a share in September 2021, when everyone was riding fantasy valuations, the company has experienced a long plunge to around $66 a share. That kind of performance tends to get the attention of activist inv

Vercel makes it easier to ship better code at scale

Vercel today announced two new features for developers that aim to help them ship higher-quality code at scale. The first is Conformance, which runs static analysis checks over a company’s codebase to find issues. The second is “Code Owners,” which makes it easier to figure out wh

Atla wants to build text-generating AI models with ‘guardrails’

Today’s most capable text-generating AI models are also those most likely to make mistakes. It’s well-established at this point that text-generating models hallucinate, or make up facts, and fall victim to all sorts of biases and toxicities — including sexism, Anglocentrism and ra

New capital infusion puts Farmless on path to first alternative protein products

Farmless, a Dutch startup working on alternative protein sources via fermentation technology, closed on €4.8 million in seed funding. The new investment also comes seven months after Farmless raised a €1.2 million pre-seed round. The new capital will go toward building a pilot brewery in Amster

AssemblyAI lands $50M to build and serve AI speech models

Companies are betting big on generative AI to gain a competitive edge. But adoption challenges remain. According to a recent survey from EY, a significant portion of businesses looking to embrace generative AI say that the field’s rapid progress — and the surge in vendors claiming to ha