Article Trunk



Posts Tagged ‘United States’

European AI needs strategic leadership, not overregulation

Proposed EU regulations could ******* AI development in the EU while China and the U.S. leap forward and lead to complete chaos when regulations in various EU bodies start contradicting. ...

Snoop Dogg’s Casa Verde Capital closes on $100 million as the cannabis industry bounces back

Casa Verde Capital, the investment fund co-founded by cannabis connoisseur Snoop Dogg (also known as Calvin Broadus), has closed on $100 million for its second investment fund, according to documents filed with the SEC. The fund, whose managing director, Karan Wadhera declined to comment for this article, has managed to raise more cash just as ...

Google expands its cloud with new regions in Chile, Germany and Saudi Arabia

It’s been a busy year of expansion for the large cloud providers, with AWS, Azure and Google aggressively expanding their data center presence around the world. To cap off the year, Google Cloud today announced a new set of cloud regions, which will go live in the coming months and years. These new regions, which ...

Lockheed Martin acquires rocket engine maker Aerojet Rocketdyne for $4.4Bn as Space heats up

Lockheed Martin (LM), the US’s largest defence contractor will acquire Aerojet Rocketdyne (AR), a rocket engine and missile manufacturer, for $4.4 billion including debt and net cash, giving the company a larger stake in space and hypersonic technology. The move comes amid the context of increasing competition in the Space and Defence industries. In a ...

Entrepreneurs say regulatory constraints are hampering commercial applications of space tech

When Payam Banazadeh and his team started Capella Space in 2016, they had visions of providing private industry with a wealth of new data that they could use in all sorts of ways to create business opportunities and improve efficiencies. Four years later, Banazadeh is still waiting for that commercial opportunity. Capella is still successful. ...

Lt. Gen. John Thompson explains how startups can interact with the Space Force

Space Force’s Lt. Gen. John Thompson spoke at TechCrunch Session: Space earlier this week. Throughout the wide-ranging interview, General Thompson explained the various ways and means for private companies like startups should interact with Space Force. Thompson knows what he’s talking about. As the Commander of the Space and Missiles Systems Center, he oversees research, ...

Foresight raises $15M for its construction workers compensation platform

When an accident on a building site resulted in the death of their friend, the founders of Safesight were inspired to launch the platform to digitize safety programs for construction. The data from that gave birth to a new InsurTech startup this year, Foresight, which covers workers’ compensation. The startup has now released, for the ...

H1’s Linkedin for the healthcare industry raises $58 million

The idea sounds almost too simple. Create a version of Linkedin that’s specifically for the healthcare industry, where professionals can find out not just who has what credentials, but also learn about the research those professionals are conducting and the specialties they have. In the middle of a global pandemic, when industry insiders are all ...

Brainly raises $80M as its platform for crowdsourced homework help balloons to 350M users

The Covid-19 pandemic has led to a major upswing in virtual learning — where some schools have gone (and stayed) remote, and others have incorporated significantly stronger online components, in order to help communities maintain more social distancing. That has in turn led to a surge in the usage of tools to help home learners ...

With $5 million in hand, The Routing Company is giving public transit authorities a ride-sharing service

James *** spent much of his professional career at Uber trying to ***** the problem of how to reduce congestion through ride-sharing. As one of the architects of the Uber Pool service and a longtime proponent of ride-sharing as a means to slash vehicle emissions, *** leapt at the chance to harness technology developed at ...