Tag: Startup

The promise of electric aviation has been weighed down by the limited range of batteries and the long certification process. Regent co-founder and CEO Billy Thalheimer, who previously worked at Aurora Flight Sciences, has looked to maritime — and more specifically, electric seagliders — for the answer to these two challenges. “How can we do…

OpenAI, one of the best-funded AI startups in business, is exploring making its own AI chips. Discussions of AI chip strategies within the company have been ongoing since at least last year, according to Reuters, as the shortage of chips to train AI models worsens. OpenAI is reportedly considering a number of strategies to advance…

Amazon has shut down its Clubhouse competitor’s live radio app Amp almost 18 months after its launch. The app allowed users to play DJ and provide commentary alongside playing tracks. The company’s lead for digital music, Steve Boom, sent a memo internally saying the decision to shut down the platform “only became clear after months…

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Bolt.Earth, an Indian startup that offers charging infrastructure and software solutions for electric vehicles, has raised $20 million in a funding round to expand its presence within the South Asian nation and enter into new markets. The Bengaluru-based startup has raised fresh capital from its existing and new investors, including Union Square Ventures, Prime Venture…

CRED grew its operating revenue by a staggering 255% to $168.1 million in the financial year ending March as the fintech startup, which garners an unusually high level of attention, finds rising adoption of its lending and commerce offerings among India’s affluent individuals. The Bengaluru-headquartered startup had a total income of about $50 million in…

The San Francisco Police Department is investigating an October 2 incident that left a woman stuck underneath a Cruise robotaxi after being hit by a human-driven vehicle. Video captured by Cruise and viewed by TechCrunch shows a robotaxi braking and then running over a pedestrian who is laying in the street after being struck by…

Investors have historically been skeptical of green hydrogen. High production costs, expensive infrastructure builds, competition with batteries and minimal government support have made the green hydrogen sector a risky bet. But at least one company, Electric Hydrogen, seems to have found a way to convince investors that its tech is a bet they should take.…

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