Duke Robotics, a military contractor, has produced a video for their unique and uniquely dangerous new tool, TIKAD. This drone platform looks fairly basic – a custom multi-rotor drone with a chassis on the bottom to hold what looks like a stripped down machine gun, sniper rifle, or grenade launcher – but what it suggests about the future of warfare is pretty scary. A gimbal at… Read More
from TechCrunch
Bay Area startup Ripcord just scored a $40 million Series B, following its successful launch earlier this year. By all accounts, the company has apparently hit the ground running with its decidedly unsexy goal of using robots to digitize paper records for large corporations and organizations. According to CEO Alex Fielding, Ripcord already has a number of Fortune 100 companies on board,… Read More
from TechCrunch
Alibaba has continued its push into Southeast Asia after it led a $1.1 billion investment in Tokopedia, an e-commerce firm based in Indonesia.
A valuation for the deal was not announced, but the companies did say that Alibaba has become a minority shareholder.
Tokopedia, which was founded in 2009, operates a marketplace that allows small retailers and large brands to sell to consumers in… Read More
from TechCrunch
Codacy, a startup based in Lisbon, Portugal that offers what it calls an “automated code review platform,” has raised $5.1 million in Series A funding. EQT Ventures led the round, with participation from existing investors Faber, Caixa Capital, Join Capital, and Seedcamp. Read More
from TechCrunch
China is about to take net neutrality to the next level after a group of influential tech companies that includes Baidu, Alibaba, Tencent, Didi Chuxing and JD.com agreed to invest nearly $12 billion into state-run mobile operator China Unicom.
China Unicom is the country’s second largest operator with 269 million mobile customers, which makes it one of the largest in the world. The… Read More
from TechCrunch
genetic health screening startup Color Genomics has raised $52 million so far in what could end up totaling just over $81 million in equity financing, according to a recent SEC filing. Color is similar to other genetics startups like 23andMe in that it provides information to you based on the DNA found in a spit tube test. It’s main focus has been in providing a series of genetic… Read More
from TechCrunch
We knew that Andrew Ng had more than just a series of deep learning courses up his sleeve when he announced the first phase of his deeplearning.ai last week. It’s clear now that the turn of Ng’s three part act is a $150 million venture capital fund targeting AI investments. Ng, who formerly founded Google’s Brain Team and served as chief scientist at Baidu has long… Read More
from TechCrunch
MongoDB has filed confidentially for IPO, sources tell TechCrunch. The company has submitted an S-1 filing in the past few weeks and is aiming to go public before the end of the year.
New York-based MongoDB helps companies including Adobe, eBay and Citigroup manage databases. Some of its offerings include its name-bearing MongoDB open source database and the Atlas database-as-a-service… Read More
from TechCrunch
Microsoft today announced that it has acquired Cycle Computing, a twelve-year-old Connecticut-based company that focuses on helping enterprises orchestrate high-performance computing jobs, large data workloads and other “big computing” jobs in the cloud. The financial details of the deal were not disclosed. While Microsoft plans to use the company’s expertise to improve its… Read More
from TechCrunch
Dan Blackman’s father was a well-known man in the community of his small Pennsylvania town. He was a lawyer, ran a good business and everyone liked him and liked drinking with him. His dad died a few years ago from a combination of liver and lung cancer. His dad was what they call a functioning alcoholic. “It wasn’t until I started talking to my family a bit more that I… Read More
from TechCrunch