RepAir recently raised a $15 million extension to its Series A.
Tech Crunch
Revolut, the $45B neobank, posts $1B profit in 2024
Revolut, the $45 billion neobanking startup founded in the U.K., may have put its IPO plans on ice, but its balance sheet is looking pretty hot. The company reported net profit of $1 billion (£790 million) in 2024, while its customer base grew by 38% to 52.5 million, according to its annual report. Revenues increased […]
Dropbox adds new features to Dash, its AI-powered search tool
Companies like Google and Microsoft have equipped their productivity suites with AI features and assistants, while startups such as ClickUp and ReadAI have focused heavily on building AI integrations and search capabilities. In alignment with this growing trend of infusing digital work suites with AI, Dropbox on Thursday upgraded its AI search tool, Dash, first […]
Uber, Volkswagen pair up to launch robotaxi service in US with self-driving, electric microbuses
Volkswagen of America and Uber on Thursday unveiled an ambitious plan to launch a commercial robotaxi service — using autonomous electric VW ID. BUZZ vehicles — in multiple U.S. cities over the next decade. The companies expect to launch a commercial service in Los Angeles, the first city on the list, by late 2026. VW […]
This tool estimates how much electricity your chatbot messages consume
Ever wonder how much electricity you’re using when you prompt, or thank, an AI model? Hugging Face engineer Julien Delavande did, so he built a tool to help arrive at the answer. AI models consume energy each time they’re run. They’re run on GPUs and specialized chips that need a lot of power to carry […]
British startup Isembard lands $9M to reshore manufacturing for critical industries
Geopolitical pressures are accelerating a demand in many countries and regions to reshore — that is, to redevelop critical industry infrastructure, and to bring back businesses, which had moved or outsourced some or all of their industrial operations to cheaper countries further away. But that is easier said than done. In the key area of […]
Adobe wants to create a robots.txt styled indicator for images used in AI training
For years, websites included information about what kind of crawlers were not allowed on their site with a robots.txt file. Adobe, which wants to create a similar standard for images, has added a tool to content credentials with an intention to give them a bit more control over what is used to train AI models. […]
Mystery will may reveal Zappos founder’s final wishes
According to the WSJ, a recently discovered will suggests late Zappos co-founder Tony Hsieh had concrete plans for his fortune despite previous beliefs that he died without leaving instructions for an estate that’s estimated to be worth $1.2 billion. Among other things, the document, signed in 2015 and included in a recent court filing, contains […]
IBM affected by DOGE cuts, downplays impact during Q1 earnings call
Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future payments, per Bloomberg. Federal contracts represent […]
IBM effected by DOGE cuts, downplays impact during Q1 earnings call
Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future payments, per Bloomberg. Federal contracts represent […]