UK’s AI strategy is ‘ambitious’ but needs funding to match, says Faculty’s Marc Warner
The U.K. published its first-ever national AI strategy this week. The decade-long commitment by the government to levelling up domestic artificial intelligence capabilities — by directing resource and attention toward skills, talent, compute power and data access — has been broadly welc
Hungryroot co-founder's new venture, Noops, a plant-based pudding startup, raises another $2M
Just two months after securing $2 million in pre-seed funding, plant-based pudding startup Noops is announcing an additional $2 million round led by Lerer Hippeau.
The Long Island-based company was founded in 2019 by Hungryroot co-founder Gregory Harry Struck after he adopted a plant-based diet whi
Amazon is reportedly planning a wall-mounted Echo with a 15-inch display
Amazon is working on a number of new devices including an Echo with a 15-inch wall-mounted display, a soundbar, new Echo Auto technology and wearables. Some may appear fairly soon at the company’s September 28th hardware event, according to a Bloomberg report.
The splashiest-looking product w
Operations observability platform Avenue launches with $4M
Avenue launched Friday to give operations their own tools to monitor teams, and is building a “command center” for this area of business that is often forgotten, co-founder and CEO Justin Bleuel told technewss.
In addition to the launch the company is announcing $4 million in seed funding, led
China says all cryptocurrency-related transactions are illegal and must be banned
China’s central bank said on Friday that all cryptocurrency-related transactions are illegal in the country and they must be banned, citing concerns around national security and “safety of people’s assets.” The world’s most populated nation also said that foreign excha
Amazon assembles video streaming apps to fight with Netflix and Disney in India
Amazon has launched Prime Video Channels in India, allowing its customers to subscribe to eight streaming services including Discovery+ and Mubi from one hub (Prime Video website or app), the latest in a series of efforts by the U.S. giant to win customers in the South Asian nation.
The new offerin
As remote work becomes normal, Ukio raises $9M for premium long-term rentals
Startups have spent the last decade trying to offer every variation of Airbnb that they can imagine. But Ukio thinks it has found a way through the ever-growing tangle of housing rental competitors — and regulators — right as remote work becomes the norm.
It offers rentals of one month or longe
Latin America finds a champion in SoftBank Group International CEO Marcelo Claure
SoftBank is gaga for startups in Latin America. Since first announcing it was planting a stake in the ground in the region in early 2019, the Japanese conglomerate has plugged more than $5 billion into the region, and it expects that number to top $8 billion by year’s end.
Its capital contrib
Nintendo announced that Chris Pratt will play Mario on the big screen
It’s a me, Burt Macklin! Chris Pratt is voice acting as Mario in a feature film that Nintendo is working on with Illumination, the studio that made “Despicable Me.” Also, they didn’t tell us at Nintendo Direct who the new “Smash” fighter is. But we can’t b
Synthetic data set of human trafficking victims could allow big data work without privacy compromises
In order to combat human trafficking effectively, those combating it must understand it — and these days, that means data. Unfortunately, for obvious reasons there is no convenient index of trafficking victims, though this confidential information is in some ways abundant. Microsoft and the Inter
D-ID launches ‘Speaking Portrait,’ a way to turn photos into custom, photo-realistic videos
The company whose tech powered the sensational MyHeritage app that turned classic family photos into lifelike moving portraits is back with a new implementation of its technology: Transforming still photographs into ultra-realistic video, capable of saying whatever you want.
D-ID’s Speaking P
Livestream video shopping app NTWRK raises $50M from Goldman Sachs, Kering
NTWRK, a video shopping app that has helped to popularize the idea of livestreamed commerce in the U.S., announced today it has closed on $50 million in new funding led by Goldman Sachs Asset Management and global luxury group Kering, owners of luxury brands Gucci, Yves Saint Laurent, Bottega Venet
Rivian will open a $4.6M service support center as it prepares for first vehicle sales
Rivian, the electric vehicle startup that's gearing up for an initial public offering, continues its trend of growing fast. The company will be opening in Plymouth, Michigan a service support operations facility for vehicle owners — and just in time, as deliveries of the launch edition of
Robotic farming firm Iron Ox raises $53M
Bay Area-based autonomous farming startup Iron Ox this week announced a $53 million round. The Series C, led by Breakthrough Energy Venture, brings the firm's total funding up to $98 million.
Iron Ox is one of a large number of companies looking to revolutionize farming for the 21st century, am