Industry News
Breathe lands $21M Series B to predict battery performance
Breathe has developed a suite of tools that it says helps automakers and others get the most out of their batteries.
Netflix debuts its generative AI-powered search tool
After hinting at a new AI-powered search experience during its recent earnings call, Netflix officially unveiled the feature at its tech and product event on Wednesday. This new search experience will utilize OpenAI’s ChatGPT to provide users wit…
Netflix is getting into short videos with a new vertical feed for mobile
Netflix announced on Wednesday that it’s currently testing a short-form video feature, signaling that even a streaming giant with over 300 million subscribers is concerned about losing viewers’ time spent on mobile to apps like TikTok, YouTube Shorts, …
Kapor Capital’s managing partner Ulili Onovakpuri is leaving the firm
Kapor Capital’s managing partner Ulili Onovakpuri said yesterday that she is leaving the firm. Onovakpuri started as a principal at Kapor Capital more than a decade ago, and rose through the ranks to become managing partner, and eventually (with Brian…
Ox Security lands a fresh $60M to scan for vulnerabilities in code
As “vibe coding” gains in popularity and tech companies push devs in their employ to embrace generative AI tools, a platform that scans for vulnerabilities in AI-generated code has raised a fresh round of funding. Ox Security, which models …
Mitsubishi in talks to source its new EVs for Australia, New Zealand from Foxconn unit
Mitsubishi Motors is in talks with Taiwan-based Foxconn’s EV division to source an EV model for the Australia and New Zealand markets.
Amazon is working on an AI code generation tool
Amazon Web Services is building a new AI-powered code generation tool codenamed “Kiro,” Business Insider reported, citing internal documents it had viewed. The tool can use prompts and existing data to generate code in “near real-time…
OpenAI expects to cut share of revenue it pays Microsoft by 2030
OpenAI currently has a deal to share 20% of revenue with Microsoft, but the AI company expects to cut that share to 10% by 2030, The Information reported.
Amid Greek tech boom, a prominent seed-stage firm locks down €75 million
Marathon Venture Partners, a venture firm in Athens that prides itself on being “day one partners to Greek tech partners,” just closed its newest fund with €75 million in capital commitments, according to partner Panos Papadopoulos. The veh…