[ad_1] European insurtech is showing strength that you can’t spot if you only read the data on venture capital that’s available today. Indeed, some startups are showing strong fundamentals that will likely help them through this volatile landscape and then some. We made this point a couple weeks ago and we still stand by it. … Read more
[ad_1] The appetite for hardware to train AI models is voracious. AI chips are forecast to account for up to 20% of the $450 billion total semiconductor market by 2025, according to McKinsey. And Insight Partners, the VC firm, projects that sales of AI chips will climb to $83.3 billion in 2027 from $5.7 billion … Read more
[ad_1] Amazon Music announced a new merch integration with concert discovery platform Bandsintown to allow more than 590,000 artists to promote their merchandise on the Bandsintown website and app. Previously, artists could only link their Shopify store. The new merchandise featured on Bandsintown is from the Amazon Music Artist Merch Shop that launched in 2021. … Read more
[ad_1] Spotify is introducing a new commercial product for software development teams called “Confidence,” which is based on its homegrown experimentation platform. Confidence is designed to make it easy for teams to set up, run, coordinate, and analyze their own user tests so they can quickly optimize their ideas. Confidence is currently only available as … Read more
[ad_1] EV truck maker Nikola Corp said Friday that president CEO Michael Lohscheller is leaving the top executive positions due to a family health issue. He will be replaced by board chairman Steve Girsky, a former GM board member and the CEO of the special purpose acquisition company that merged with Nikola to make it … Read more
[ad_1] When I’m dining out in unfamiliar territory, I’ll usually find a restaurant on the beaten path — if a place has no customers, it makes me leery. Tech investors have similar appetites when it comes to follow-on investment, writes Champ Suthipongchai, co-founder and general partner at deep tech VC firm Creative Ventures. “Even the … Read more
[ad_1] The U.K.’s Treasury Select Committee last month released a report on the diversity — or lack thereof — of the nation’s venture ecosystem. Black founders there receive less than 0.4% of all venture capital, and women founders receive around 2%, the report found. The report called such dismal stats “unacceptable.” Venture capital firms are … Read more
[ad_1] Israel’s National Cybersecurity Directorate said there was “no breach” of its network after passwords belonging to a senior agency official were stolen from their home computer earlier this year and published online. A security researcher, who asked not to be named, told TechCrunch that they recently found the INCD official’s stolen credentials posted in … Read more
[ad_1] Cloud growth has been slowing for a number of reasons this year. Some of it has to do with macroeconomic headwinds causing customers to look to cut their cloud bills, some of it with a maturing market, which comes with an inevitable decline in growth. With the Big 3 cloud vendors — Amazon, Microsoft … Read more
[ad_1] The excitement around remote work reached fever pitch during the pandemic, when most people with an office job were forced to work from home. This opened up conversations about what the future of work looks like, with a lot of attention paid to remote and hybrid models as well as how employees can maintain … Read more