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Swiss robotics company Anybotics has raised an extra $60 million to close its Series B round off at $110 million, some 18 months after first announcing it had raised a $50 million Series B. Spun out from the Eth Zürich research university in 2016, Anybotics has built a quadruped autonomous inspec

Upvest might not be a familiar name if you don't pay close attention to the fintech industry, but chances are you've already interacted with the company’s products. Founded by Martin Kassing (pictured above), the Berlin-based startup builds a white-label investment platform that is u

Demand for South Asian fashion is growing globally as more South Asians are migrating and settling in new markets, then buying ethnic wear for occasions like local festivals and weddings. However, not many online platforms today sell an extensive catalog of apparel and footwear from local South I

OpenAI says ChatGPT, Sora, and its developer-facing API experienced a major outage starting at around 3pm PT on Wednesday, according to the company’s status page. The company says it’s largely back online as of 9pm PT. “ChatGPT, API, and Sora were down today but we’ve recov

SolarSquare has raised $40 million in a round led by Lightspeed in what is the largest venture round in India’s solar sector. The Mumbai-based startup was bootstrapped and profitably selling to corporate customers for five years before it switched to residential solar in 2021. Now it has sca

GM’s decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company’s minority investors. Microsoft, which in 2021 made an investment into Cruise, will take $800 million impairment charge as a result of GM’s ac

Hyundai’s electric vertical takeoff and landing startup Supernal is shifting its global headquarters from Washington, D.C. to Irvine, California and asking around three dozen of workers to relocate, technewss has learned. The company told technewss about 5% of its total workforce — r

In a press briefing on Wednesday, the Pentagon said it has no evidence that the mysterious drones that have been flying over New Jersey and other parts of the northeast U.S. in recent weeks were coming from a foreign entity, nor were they U.S. military drones. The comments come a day after a U.S. C

Late last year, Gou Rao and Vinod Jayaraman founded NeuBird to automate IT site reliability operations tasks with generative AI. Having sold their previous cloud-native storage startup, Portworx, to PureStorage for $370 million, the pair was well-versed in the IT challenges faced by today’s

The news came by Slack message.  Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in the company's announcements channel along with a link to a press release entitled “GM to refocus autonomous driving development on personal vehicles.”

Microsoft announced on Wednesday that it’s starting to roll out a way for users to share files between their iPhone and Windows 11 or Windows 10 PCs via the company’s Phone Link app and Link to Windows app. The capability is rolling out now to Windows Insiders. Windows Insiders can now

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb its self-driving car subsidiary Cruise and combine it with the automaker’s own efforts to develop driver assistance features — and eventually fully autonomous persona

Green ammonia startup Amogy has raised $11.2 million of a targeted $90 million round, an SEC filing reveals. The new round's target is significantly smaller than its last round — a $139 million Series B-1 that was announced in March 2023 — highlighting the challenges that middle-stage clima

Facebook, Instagram, Messenger, WhatsApp, and Threads on Wednesday were all experiencing issues to varying degrees as a result of a global outage affecting Meta’s apps. The cause of the outage was not disclosed, but Meta acknowledged a “technical issue” in a post on X. The compan