Monolith AI, a UK AI engineering software company, raised £8.5M in Series A funding. The round was led by Insight Partners with participation from existing investors Pentech and Touchstone, Alejandro Agag, the founder of Formula E and Extreme E, Apex Black and the Stanford Angels of the UK. In conjunction with the funding, Josh Fredberg,… Continue reading Monolith AI Raises £8.5M in Series A Funding
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Ample raises $160 million on the promise of battery swapping
Battery swapping has long been a dream solution for the infrastructure problem standing in the way of wide electric vehicle adoption. Tesla famously tried but then abandoned the idea half a decade ago. But now a startup called Ample has raised $160 million to try to make it work — first for commercial vehicles, then… Continue reading Ample raises $160 million on the promise of battery swapping
Zūm CEO Ritu Narayan explains why equity and accessibility works for mobility services
Getting children to school safely and reliably is a challenge as old as public education itself. But rarely have any entrepreneurs tackled the problem of updating and optimizing one of the nation’s largest legacy transit systems, now nearly a century old. It’s still common to find people at U.S. student transportation hubs speaking into walkie-talkies… Continue reading Zūm CEO Ritu Narayan explains why equity and accessibility works for mobility services
Elon Musk is building a human-like robot: Does anyone else think this is a really bad idea?
First Law: A robot may not injure a human being or, through inaction, allow a human being to come to harm. Second Law: A robot must obey the orders given it by human beings except where such orders would conflict with the First Law. Third Law: A robot must protect its own existence as long… Continue reading Elon Musk is building a human-like robot: Does anyone else think this is a really bad idea?
Mark Cuban echoed Cathie Wood’s bullish views on AI after ‘Big Short’ investor Michael Burry bet against her fund
Mark Cuban. Brandon Wade/AP Images Mark Cuban echoed Cathie Wood’s views after “The Big Short” investor Michael Burry bet against her. The “Shark Tank” star touted AI, one of Wood’s investment themes, as a huge competitive advantage. Cuban has also expressed similar views to Wood on topics such as cryptocurrencies. See more stories on Insider’s… Continue reading Mark Cuban echoed Cathie Wood’s bullish views on AI after ‘Big Short’ investor Michael Burry bet against her fund
Bitcoin and ethereum are gearing up to knock out all-time highs as cryptocurrencies get ‘too big to be ignored,’ a 20-year market veteran says. Here are 5 high-upside coins he’s watching closely.
Bitcoin and ethereum could soon race past their all-time highs, according to strategist Nick Cawley. Increased interest in crypto by retail investors, banks, and businesses has fueled the rally. Here are the five cryptos Cawley’s watching closely as positive sentiment sweeps the crypto market. See more stories on Insider’s business page. Expect bitcoin and ethereum… Continue reading Bitcoin and ethereum are gearing up to knock out all-time highs as cryptocurrencies get ‘too big to be ignored,’ a 20-year market veteran says. Here are 5 high-upside coins he’s watching closely.
NanoVMs Has Innovative Technology That Protects The World From Cyberattacks
There has never been a greater need for innovative technology in cloud infrastructure. The size of the cloud computing market has grown to $264 billion, and cybersecurity is now a major priority at the highest levels of international government. Global corporations are repeatedly paying many millions of dollars to criminal hacker syndicates and worldwide damage… Continue reading NanoVMs Has Innovative Technology That Protects The World From Cyberattacks
India court gives police three weeks to conclude probe into Paytm ownership …
An Indian court on Monday has given police three weeks to conclude an investigation into claims from a former Paytm director who said he co-founded the digital payment platform but did not receive shares owed. Ashok Kumar Saxena, 71, in legal documents said he invested $27,500 two decades ago in Paytm parent One97 Communications but was never… Continue reading India court gives police three weeks to conclude probe into Paytm ownership …
Indian VC firm 3one4 Capital expands leadership team with key appointments
The venture capital firm, which has backed startups like Open, Jupiter, Koo, among others, has elevated Anurag Ramdasan to partner and announced the appointment of Nruthya Madappa as principal. It has also elevated heads of various functions to Principals in the firm. Names include Richard Pinto, Yash Baid, and Ashwini Thulsaram. “We also strongly believe… Continue reading Indian VC firm 3one4 Capital expands leadership team with key appointments
China halts over 40 IPOs amid regulatory probe into law firm, broker
Chinese bourses have halted more than 40 initial public offerings (IPOs) in Shanghai and Shenzhen amid a regulatory probe into several intermediaries in the deals, according to official exchange disclosures. The Shenzhen Stock Exchange suspended more than 30 IPOs, including public share sale plans by BYD Co‘s chip unit, on Aug. 18, according to exchange filings.… Continue reading China halts over 40 IPOs amid regulatory probe into law firm, broker