One area that Castrip has been working on for the last two years is increasing the use of machine intelligence to increase process efficiency in the yield. “This is quite affected by the skill of the operator, which sets the points for automation, so we are using reinforcement learning-based neural networks to increase the precision … Read more
1K Kirana, an Indian startup that operates an eponymous hyperlocal shopping app and retail distribution network, has raised $ 25 million in a new financing round as it attempts to expand the reach of brands and neighborhood stores among consumers. The three-year-old startup’s Series B financing was led by Alpha Wave Global, Info Edge Ventures … Read more
Egypt is home to one of Africa’s largest vehicle fleets, with over 6 million cars (80% passenger cars) on its roads. According to this finding, most are used cars; their ratio to new vehicles is 3: 1. The used cars market is not only enormous in Egypt. It is the same in almost every ‘large … Read more
Gavin Bonshor / AnandTech: AMD announces Ryzen 7000 CPUs with up to 16 Zen 4 cores based on TSMC’s 5nm process, PCIe 5 and DDR5 on an AM5 motherboard, coming in fall 2022– During the AMD Keynote at Computex 2022, its CEO, Dr. Lisa Su officially unveiled their next generation of Ryzen processors and the … Read more
Chris J. Preimesberger / VentureBeat: Toronto-based Forma.ai, which helps companies manage and optimize sales compensation plans, raises a $ 45M Series B led by ACME Capital– Could AI help motivate sales teams with creative incentives? Forma AI, a Toronto-based sales performance management (SPM) solution provider, says yes.
Sources: Broadcom is in ongoing talks to acquire VMware, but a deal is not imminent – Chipmaker Broadcom Inc (AVGO.O) is in talks to acquire cloud service provider VMware Inc (VMW.N), people familiar with the matter told Reuters. – Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said.
Rita Liao / TechCrunch: Singapore-based BUD, which offers a metaverse for Gen Z via its apps and plans to launch an NFT marketplace, raises $ 36.8M Series B led by Sequoia Capital India– BUD, a nascent app taking a shot at creating a metaverse for Gen Z to play and interact with each other, has … Read more
BUD, a nascent app taking a shot at creating a metaverse for Gen Z to play and interact with each other, has raised another round of funding in three months. The Singapore-based startup told TechCrunch that it has closed $ 36.8 million in a Series B round led by Sequoia Capital India, not long after … Read more
Since its launch in December, StepN, an app that lets users walk and run to earn tokens, has quickly become a household name in the play-to-earn blockchain gaming, or GameFi, world. Two to three million users worldwide are now active on the app every month, StepN’s co-founder Jerry Huang recently told TechCrunch. That number is … Read more