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World Labs, the startup founded by AI pioneer Fei-Fei Li, has unveiled its first project: an AI system that can generate video game-like, 3D scenes from a single image. Lots of AI systems can turn a photo into 3D models and environments. But World Labs’ scenes are unique in that they’r

A fintech from Ivory Coast — part of one of the most economically challenged and financially fragmented regions in the world — has raised funding for an ambitious goal: to become the “Stripe for Francophone Africa.” HUB2, as the startup is called, already works with some 55

Intel has announced that CEO Pat Gelsinger has retired, effective December 1, and stepped down from the company’s board of directors. Intel execs David Zinsner and Michelle Johnston Holthaus have been named interim co-CEOs. Zinsner is Intel’s CFO, while Holthaus is GM of Intel’s

In November, technewss broke the news that cybersecurity startup Upwind was getting a lot of inbound interest to raise money on a big valuation. Now, we can confirm that the deal is done: Upwind has closed a Series A round of $100 million. The round values it at $900 million post-money.  Craft V

Former NBA athlete Omri Casspi has raised $60 million for his latest venture fund, Swish Ventures, which will invest in early-stage cybersecurity, cloud infrastructure, and AI startups. The fund plans to back 10 companies, and will invest $5 million to $7 million per deal. Swish Ventures is Casspi

BlackRock has cut the worth of its stake in web hosting provider Automattic by 10%, the asset manager said in its latest quarterly disclosure report. The company, which invested in Automattic during its Series E round in 2021, valued its investment in the WordPress-hosting company at $37.5 per sha

Nebius, the publicly traded European AI infrastructure company formerly known as Yandex N.V., has raised $700 million to fuel its U.S. expansion. The financing came from “dozens of very well-known investors,” Nebius CEO Arkady Volozh (pictured above) told technewss during a press brie

The Browser Company, the company behind Arc Browser for both desktop and mobile, teased its new web browser Monday called Dia — and this time, it focuses on AI tools. In the last few years, the startup launched Arc on Mac and Windows and Arc Search on iOS and Android, but the company is begi

Swiggy, a leading food delivery and quick-commerce app in India, said on Monday that it has expanded its 10-minute food delivery service, Bolt, to more than 400 cities and towns across the country. The Bengaluru-headquartered startup, which went public last month, said it has partnered with over 4

At its re:Invent 2024 conference in Las Vegas, Amazon on Sunday announced a somewhat unusual new service for Amazon Web Services (AWS) customers: Data Transfer Terminal, a set of physical locations where customers can plug in their storage devices to upload data to the AWS cloud. So how does it wo

Slowly but surely, Amazon’s AWS cloud computing unit has become a major player in the call/contact center space with its Amazon Connect cloud-based (and AI-centric) contact center service, which launched back in 2017. Today, companies like Air Canada, Dish Network, and U.S. Bank use the platf

Companies often struggle with how to respond to cybersecurity incidents. According to one recent poll, only three out of five organizations have an incident response plan in place, and only around a third do regular drills to ensure that their plans remain effective. The consequences of poor incid

As promised, startup accelerator Y Combinator's imminent Demo Day will be happening in person. In fact, YC seems to have kicked off the IRL return of Demo Day at the end of the long Thanksgiving weekend, with an in-person Alumni Demo Day on Sunday for the Fall 2024 class of startups.  Squ

The Apple Watch helps people track their health and fitness, but it can also be a great tool to help people stay productive and get work done. This is especially true for people who get easily distracted by their phone. Although the Apple Watch comes with simple built-in productivity apps like Rem