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AI dominated both YC Demo Day and startup news

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AI dominated both YC Demo Day and startup news

This week has been a busy one for the startup and VC world, with a variety of funding news and, in fact, the most recent edition of YC Demo Day.

The most interesting startup stories of the week

Image credits: OpenAI

Yes, AI, AI, AI. But there’s more happening here than meets the attention.

Departures: Several key individuals are leaving OpenAI — CTO Mira Murati, in addition to the corporate’s chief research officer and vp of research. There’s more context than we will summarize here, so should you’re so inclined, read on.

I keep that in mind: : Now it has been confirmed that former Apple designer Jony Ive is working on launching the AI ​​device with OpenAI and its CEO Sam Altman. The unnamed enterprise could seek to boost as much as $1 billion by the tip of the 12 months.

AltGPT: Letta, the substitute intelligence startup founded by the researchers behind MemGPT and positioning itself as an “open alternative to OpenAI”, has come out of hiding and raised a variety of expectations.

Pipelines: Data Launch Airbyte launched Airbyte 1.0 with a concentrate on AI use cases. It has also provided a universally managed service for enterprises.

The most interesting collections this week

Two people talking among Egym equipment (Image source: EGYM)
Image credits: SINGLE

COVID-19 almost killed some businesses and strengthened others. Now firms from both groups are finding their place and further trends are being confirmed.

Exercises: German fitness startup EGYM has closed a $200 million Series G funding round, confirming investor interest within the broader preventive health trend.

Digital transformation: Whatfix, a San Jose-based company whose platform demonstrates the way to use third-party software, raised $125 million in a Series E round led by Warburg Pincus.

The power of artificial intelligence: Open source development platform Supabase raised an $80 million Series C round. The company currently positions itself as Postgres-focused and takes advantage of artificial intelligence developments; 10% lively databases for AI use cases in Power Power Services.

Beaming: Marvel Fusion raised €62.8 million in a Series B round to work towards making business fusion power with lasers a reality.

In the highlight: British startup Raycast has raised $30 million to make its Mac productivity app available on Windows and iOS, with a concentrate on “prosumer” users.

The most interesting VC and funding news this week

Acurio Ventures team
Image credits: Acurio ventures

Exit time: Peak XV Partners, the biggest VC fund focused on India and Southeast Asia, has accomplished roughly $1.2 billion in exits since separating from Sequoia last 12 months, TechCrunch has learned from sources.

Rapid growth: European defense technologies will attract $1 billion in VC funding this 12 months, in response to a brand new report from Dealroom. This significant increase in comparison with previous years can also be related to the increased interest in dual-use technologies.

Sailing: Spanish VC firm All Iron Ventures has modified its name to Acurio Ventures and closed its third fund value $166 million, which can only make further investments.

No less vital

Lisbon, Portugal – November 2, 2022; Garry Tan, Associated Capital, on the Venture stage during the first day of Web Summit 2022 at the Altice Arena in Lisbon, Portugal. (Photo by Harry Murphy/Sportsfile for Web Summit via Getty Images)
Image credits: Harry Murphy/Sportsfile for Web Summit/Getty Images

Taking place on September 25 and 26, Y Combinator’s online demo day for its summer 2024 batch was once more dominated by AI use cases, a few of which were particularly exciting. The format itself is changing: in the long run, there can be 4 Demo Days a 12 months, and YC CEO Garry Tan said the following one, which can be held on December 4, will include an in-person element.

This article was originally published on : techcrunch.com
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US medical device giant Artivion says hackers stole files during a cybersecurity incident

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Artivion, a medical device company that produces implantable tissue for heart and vascular transplants, says its services have been “disrupted” resulting from a cybersecurity incident.

In 8-K filing In an interview with the SEC on Monday, Georgia-based Artivion, formerly CryoLife, said it became aware of a “cybersecurity incident” that involved the “compromise and encryption” of information on November 21. This suggests that the corporate was attacked by ransomware, but Artivion has not yet confirmed the character of the incident and didn’t immediately reply to TechCrunch’s questions. No major ransomware group has yet claimed responsibility for the attack.

Artivion said it took some systems offline in response to the cyberattack, which the corporate said caused “disruptions to certain ordering and shipping processes.”

Artivion, which reported third-quarter revenue of $95.8 million, said it didn’t expect the incident to have a material impact on the corporate’s funds.

This article was originally published on : techcrunch.com
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It’s a Raspberry Pi 5 in a keyboard and it’s called Raspberry Pi 500

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Manufacturer of single-board computers Raspberry Pi is updating its cute little computer keyboard device with higher specs. Named Raspberry Pi500This successor to the Raspberry Pi 400 is just as powerful as the present Raspberry Pi flagship, the Raspberry Pi 5. It is on the market for purchase now from Raspberry Pi resellers.

The Raspberry Pi 500 is the simplest method to start with the Raspberry Pi because it’s not as intimidating because the Raspberry Pi 5. When you take a look at the Raspberry Pi 500, you do not see any chipsets or PCBs (printed circuit boards). The Raspberry Pi is totally hidden in the familiar housing, the keyboard.

The idea with the Raspberry Pi 500 is you could connect a mouse and a display and you are able to go. If, for instance, you’ve got a relative who uses a very outdated computer with an outdated version of Windows, the Raspberry Pi 500 can easily replace the old PC tower for many computing tasks.

More importantly, this device brings us back to the roots of the Raspberry Pi. Raspberry Pi computers were originally intended for educational applications. Over time, technology enthusiasts and industrial customers began using single-board computers all over the place. (For example, when you’ve ever been to London Heathrow Airport, all of the departures and arrivals boards are there powered by Raspberry Pi.)

Raspberry Pi 500 draws inspiration from the roots of the Raspberry Pi Foundation, a non-profit organization. It’s the right first computer for college. In some ways, it’s a lot better than a Chromebook or iPad because it’s low cost and highly customizable, which inspires creative pondering.

The Raspberry Pi 500 comes with a 32GB SD card that comes pre-installed with Raspberry Pi OS, a Debian-based Linux distribution. It costs $90, which is a slight ($20) price increase over the Raspberry Pi 400.

Only UK and US keyboard variants will probably be available at launch. But versions with French, German, Italian, Japanese, Nordic and Spanish keyboard layouts will probably be available soon. And when you’re in search of a bundle that features all the things you would like, Raspberry Pi also offers a $120 desktop kit that features the Raspberry Pi 500, a mouse, a 27W USB-C power adapter, and a micro-HDMI to HDMI cable.

In other news, Raspberry Pi has announced one other recent thing: the Raspberry Pi monitor. It is a 15.6-inch 1080p monitor that’s priced at $100. Since there are quite a few 1080p portable monitors available on the market, this launch is not as noteworthy because the Pi 500. However, for die-hard Pi fans, there’s now also a Raspberry Pi-branded monitor option available.

Image credits:Raspberry Pi

This article was originally published on : techcrunch.com
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Apple Vision Pro may add support for PlayStation VR controllers

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Vision Pro headset

According to Apple, Apple desires to make its Vision Pro mixed reality device more attractive for gamers and game developers latest report from Bloomberg’s Mark Gurman.

The Vision Pro was presented more as a productivity and media consumption device than a tool geared toward gamers, due partly to its reliance on visual and hand controls moderately than a separate controller.

However, Apple may need gamers if it desires to expand the Vision Pro’s audience, especially since Gurman reports that lower than half one million units have been sold to this point. As such, the corporate has reportedly been in talks with Sony about adding support for PlayStation VR2 handheld controllers, and has also talked to developers about whether they may support the controllers of their games.

Offering more precise control, Apple may also make other forms of software available in Vision Pro, reminiscent of Final Cut Pro or Adobe Photoshop.

This article was originally published on : techcrunch.com
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