BBG Ventures raises new $60 million fund to support diverse founders | TechCrunch

November 1, 2024 2:13 AM0

BBG Ventures raised a new $60 million fund to support founders from “diverse backgrounds,” including gender, race, age, and class, Business Insider reported. The firm is known for backing exclusively women founders, and this new fund is a slight departure from that focus but comes as funding to diverse founders continues to dip. Crunchbase found that […]

Software Development in Sri Lanka

Robotic Automations

MaC VC raised $150 million Fund III | TechCrunch

November 1, 2024 1:40 AM0

MaC VC just raised a $150 million Fund III, according to Fortune. The firm, which launched in 2021 and already has $600 million in assets under management, will now cut check sizes between $2 million and $3 million into seed-stage companies. Notable investments for the firm include Chef Robotics and Stoke Space. The firm is […]

Software Development in Sri Lanka

Robotic Automations

NAACP launches $200 million fund of funds | TechCrunch

October 26, 2024 4:50 AM0

The NAACP announced today NAACP Capital, a $200 million fund of funds to back fund managers focused on issues that impact people of color. The fund was conceived in partnership with Kapor Capital and Kapor Center, along with nine other venture fund managers. Last year, Crunchbase found that Black founders raised less than 1% of […]

Software Development in Sri Lanka

Robotic Automations

With $11.9 million in funding, Dottxt tells AI models how to answer | TechCrunch

October 25, 2024 6:51 PM0

As we’ve reported before, enterprise CIOs are taking generative AI slow. One reason for that is AI doesn’t fit into existing software engineering workflows, because it literally doesn’t speak the same language. For instance, LLMs (aka large language models) require a lot of cajoling to deliver valid JSON. That’s where a U.S.-based startup called Dottxt […]

Software Development in Sri Lanka

Robotic Automations

UnitedHealth says Change Healthcare hack affects over 100 million, the largest-ever US healthcare data breach | TechCrunch

October 25, 2024 7:19 AM0

Health insurance giant UnitedHealth blamed a ransomware gang for the data breach that included a substantial proportion of America’s health data.

Software Development in Sri Lanka

Robotic Automations

Apple will pay security researchers up to $1 million to hack its private AI cloud | TechCrunch

October 25, 2024 2:11 AM0

Ahead of the debut of Apple’s private AI cloud next week, dubbed Private Cloud Compute, the technology giant says it will pay security researchers up to $1 million to find vulnerabilities that can compromise the security of its private AI cloud. In a post on Apple’s security blog, the company said it would pay up […]

Software Development in Sri Lanka

Robotic Automations

Exclusive: Zero Motorcycles is raising $120 million

October 24, 2024 11:58 PM0

Electric motorcycle company Zero is in the process of closing a new funding round for a little bit more than $120 million, according to a filing with the U.S. Securities and Exchange Commission. The filing shows that Zero has sold around $100 million of the equity round so far from two undisclosed investors. The company […]

Software Development in Sri Lanka

Robotic Automations

LinkedIn fined $356 million in EU for tracking ads privacy breaches | TechCrunch

October 24, 2024 3:46 PM0

Bad news for Microsoft-owned LinkedIn in Europe where it has been reprimanded and fined €310 million for privacy violations related to its tracking ads business. The administrative penalties, which are worth around $356 million at current exchange rates, have been issued by Ireland’s Data Protection Commission (DPC) under the European Union’s General Data Protection Regulation […]

Software Development in Sri Lanka