Blumberg Capital, founded in 1991 by investor David Blumberg, has just closed its fifth early-stage venture fund with $225 million, a vehicle that Blumberg says was oversubscribed — he planned to raise $200 million — and that has already been used to invest in 16 startups around the world (the firm has small offices in…
Read more
As Chinese tech companies come under regulatory scrutiny at home, concerns and pressures are escalating among investors and domestic tech companies including China’s four big cloud companies, BATH (Baidu AI, Alibaba Cloud, Tencent Cloud and Huawei Cloud), according to an analyst report. Despite a series of antitrust and internet-related regulation crackdowns, the four leading cloud…
Read more
Nathan Babcock Contributor Nathan Babcock is a computer scientist and freelance writer in Chicago and a co-founder of automated highlight detection startup Clip It. Benjamin Clingan Contributor Benjamin Clingan is a software developer specializing in Python back ends, finance, genetic neural networks and other machine learning strategies and a co-founder of automated highlight detection startup…
Read more
Just about every company is sitting on vast amounts of data, which they can use to their advantage if they can just learn how to harness it. Data is actually the fuel for machine learning models, and with the proper tools, businesses can learn to process this data and build models to help them compete…
Read more
Hello friends, and welcome back to Week in Review. Last week, we dove into the truly bizarre machinations of the NFT market. This week, we’re talking about something that’s a little bit more impactful on the current state of the web — Apple’s NeuralHash kerfuffle. If you’re reading this on the TechCrunch site, you can…
Read more
Ken Sutton Contributor Ken Sutton is CEO and co-founder of Yobe, a software company that uses edge-based AI to unlock the potential of voice technologies for modern brands. On average, men and women speak roughly 15,000 words per day. We call our friends and family, log into Zoom for meetings with our colleagues, discuss our…
Read more
On the heels of Heroes announcing a $200 million raise earlier today, to double down on buying and scaling third-party Amazon Marketplace sellers, another startup out of London aiming to do the same is announcing some significant funding of its own. Olsam, a roll-up play that is buying up both consumer and B2B merchants selling…
Read more
Urbanbase, a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 million (13 billion won) in a Series B+ round as it scales up. This round of funding was led by Hanwha Hotel & Resort, which is a subsidiary of South Korean conglomerate Hanwha…
Read more
Ilyes Kacher Contributor Ilyes Kacher is a data scientist at autoRetouch, an AI-powered platform for bulk-editing product images online. I’m a native French data scientist who cut his teeth as a research engineer in computer vision in Japan and later in my home country. Yet I’m writing from an unlikely computer vision hub: Stuttgart, Germany.…
Read more
The UK government has named the person it wants to take over as its chief data protection watchdog, with sitting commissioner Elizabeth Denham overdue to vacate the post: The Department of Digital, Culture, Media and Sport (DCMS) today said its preferred replacement is New Zealand’s privacy commissioner, John Edwards. Edwards, who has a legal background,…
Read more