Chipmaker Intel announced Monday it has acquired Habana Labs, an Israel-based developer of programmable deep learning accelerators for the data center, for approximately $2 billion. The acquisition will help the tech giant expand its AI portfolio to bolster its data-center business. The […]
Good morning! Below are some of the top tech startup news for today, Monday, December 16, 2019. Intel buys Israeli AI startup Habana Labs for $2 billion. Intel Corp has bought Israel-based artificial intelligence (AI) firm Habana Labs for about $2 […]
Just last month, we wrote about the Baltimore, Maryland-based Jellyfish when the company received a massive investment boost from French group Fimalac. Today, Jellyfish announced it has acquired creative agency startup, Social Life. This is Jellyfish’s fourth acquisition in 2019 […]
We last wrote about General Fusion in March of this year when Amazon founder Jeff Bezos Amazon founder and Microsoft made a $127 million investment in fusion energy startup General Fusion. Today, the British Columbia, Canada-based renewable energy tech startup developing utility-scale fusion power […]
Every year, over $100 billion is spent on industrial maintenance. Traditionally, these inspections were done by humans resulting in death and injury. Enter Gecko Robotics, a tech startup that makes these dangerous jobs safer. Gecko Robotics develops and operates robots to automate […]
Enterprise artificial-intelligence platform company DataRobot has reached a deal to acquire Paxata, an analytics and AI startup that provides the first adaptive data preparation platform built for the analyst to turn raw data into ready data for analytics. The financial terms […]
CallMiner, a Waltham, Mass.-based tech startup and a developer of speech-analytics software powered by artificial intelligence, has closed a $75 million in new venture funding to accelerate go-to-market plans and use case expansion for its analytics platform, Eureka. The round, which was […]
PlayerMaker, a Tel Aviv, Isreal based sports tech startup, has raised $10 million Series B round to build on current traction throughout EMEA into a global expansion of the PlayerMaker technology, with focus on the American and Asian markets. The round […]
VividQ, a London-based deep-tech start-up specializing in 3D holography, has raised an additional $3.1 million (£2.4 million) in the 2nd closing of its seed-funding to accelerate the pace at which they can imbed their holography software into consumer hardware electronics, and bring […]
The world’s first ‘fly and drive’ car has arrived in the United States. PAL-V (Personal Air and Land Vehicle) was unveiled in Miami on Tuesday night during the pre-grand opening of the art exhibit “Paramount: The Art of Innovation and Design” […]
Technology has made our personal lives easier than ever. But at the same time, it’s complicating things in the office for knowledge workers. On any given day, the average employee spends nearly 65 per cent of their time on busy […]
NASA researchers made the first-ever map of wind circulation in the upper atmosphere of Mars. With data from NASA’s Mars-orbiting MAVEN mission, this new map helps scientists to better understand the workings of the Martian climate. Mars Atmosphere and Volatile […]
With healthcare reform, an aging population, and an increasing number of new cancer diagnoses each year, the demand for healthcare services will continue to rise. At the same time, pressure from payers to improve efficiency means that providers cannot increase […]
InnoEnergy, Europe’s sustainable energy innovation engine, with the support of the EIT and the European Union, has today announced its €5.8 million investment into Northvolt’s “Revolt” program. The program, which will implement the latest discoveries in efficient materials recovery methods, […]
We last wrote about cryptocurrency Shopin back in November 2018. Now its founded and CEO Eran Eyal has pleaded guilty to felony securities fraud in connection with an estimated $42.5 million initial coin offering by his blockchain startup, the office […]
Apple has quietly acquired Spectral Edge, a UK-based AI startup and developer of technology that improves smartphone pictures for undisclosed terms, according to a report from Bloomberg. Apple was predictably quiet about the acquisition and the startup’s website is wiped […]
Waymo, a self-driving startup owned by Google’s parent company, Alphabet, is making its push into Europe with the acquisition of Latent Logic, a self-driving AI startup with roots in Oxford University’s award-winning machine learning department, according to a report from The […]
Germany’s Delivery Hero is buying South Korea’s top food delivery app Woowa for $4 billion in world’s biggest food app deal. The deal, announced on Friday by Delivery Hero, is the biggest global play so far for a food delivery app, […]
The U.S. Government continues to warn U.S. companies about the dangers of using unmanned aircraft systems (UAS) designed or manufactured abroad. Ellen Lord, the Secretary of Defense for Acquisition has made drone defense systems a top priority for 2020. Citadel Defense is […]
Zippin, a tech startup using AI-driven checkout-free technology platform to enable retailers to quickly deploy frictionless shopping in stores, today announced it has closed $12 million in Series A funding to accelerate new store launches in the coming months, with plans to […]
