IKEA rolls out an AI-powered interactive design experience for shoppers

Today, IKEA is launching a new AI-driven interactive design experience called IKEA Kreativ for IKEA.com and the IKEA app. With the new feature, U.S. customers can design and visualize their own living spaces with digitalized furniture on their smartphones instead of traveling to the brick-and-morta

Impossible Mining is combing the seafloor for battery metals

Impossible Mining CEO Oliver Gunasekara pulled me aside at last week's technewss Climate event with a fascinating pitch. Turns out there are a lot of valuable metals on the ocean floor — materials like nickel and cobalt, which are key to tackling the growing demand for lithium ion batteries.

Microsoft and Meta join Google in using AI to help run their data centers

Data centers, which drive the apps, websites and services that billions of people use every day, can be hazardous places for the workers that build and maintain them. Workers sometimes have to service a data center’s electrical equipment while it’s being energized. And they can become e

Funding the robot revolution

Greetings from Berkeley, California, where we've just wrapped up our first-ever Climate-focused event. It was slightly surreal being back on stage at Zellerbach Hall, given the last time I stepped foot in the building was a very different time, way back in March 2020. I'm writing to you fro

AI-powered parking platform Metropolis bags $167M

Metropolis, a startup building payment infrastructure for parking facilities, today announced that it raised $167 million in a Series B round co-led by 3L Capital and Assembly Ventures with participation from Dragoneer, Eldridge Industries, Silver Lake Waterman, UP Partners and former deputy mayor

Tabnine raises $15.5M for AI that autocompletes code

Tabnine, a startup creating an “AI-powered assistant” for software developers, today closed a $15.5 mlion funding round co-led by Qualcomm Ventures, OurCrowd and Samsung NEXT Ventures with participation from existing backers Khosla Ventures and Headline Ventures. CEO Dror Weiss said tha

Zoovu lands $169M to drive online product discovery experiences

The competition in e-commerce has become fiercer as the pandemic drives shoppers online. At the same time, customers have grown to expect better experiences. According to help desk software vendor HiverHQ, 32% of consumers want customer service to be both more responsive and empathetic. Being a ser

Bluesheets wants to better manage financial data and workflows via its business automation platform  

Bluesheets, a Singaporean AI-powered data-processing platform that enables financial automation for enterprises, has raised $4 million led by Insignia Ventures. The latest funding, which brings its total raised to $5.7 million, will help bluesheets to expand the use cases of its software and reach

Charm Therapeutics applies AI to complex protein interactions, locking down $50M A round

The world of AI-powered drug discovery keeps expanding as the capabilities of machine learning grow. One approach that seemed unthinkable just a few years ago is simulating the complicated interplays of two interlocking molecules — but that’s exactly what drug designers need to know about,

Workforce quit

Yesterday, we officially announced one more big name for TC Sessions: Robotics. I'll be speaking with Marty Walsh, the U.S. secretary of labor, at the July 21 event. It's a bit of a curveball during a day focused on discussions with startups, VC and researchers, but it's something I'

Chrome will now silence many of those annoying notification permission prompts on the web

Google today announced a set of new and updated security features for Chrome, almost all of which rely on machine learning (ML) models, as well as a couple of nifty new ML-based features that aim to make browsing the web a bit easier, including a new feature that will suppress notification permissi

Papercup raises $20M for AI that automatically dubs videos

Dubbing is a lucrative market, with Verified Market Research predicting that film dubbing services alone could generate $3.6 billion annually by 2027. But it’s also a laborious and costly process. On average, it can take an hour of recording studio time for five minutes of narration; one calc

Zoom and Enhance (kinda) go from fiction to fact with Picsart’s AI image enhancer

“Can you enhance that?” the CSI detective asks a bespectacled computer nerd, pointing at a six-pixel area of CCTV footage that may or may not be a driver’s license. Two seconds later, they have the perp’s name, birthdate, address, shoe size, IQ, favorite color, list of aller

Virridy raises $5.5M to expand its sensor catalog

Virridy, a developer of technologies for monitoring and managing water, energy and agricultural resources, has raised $5.5 million Series A funding in a round led by Accord Capital to expand its offering across Africa and North America. The round also had the participation of a number of existing i