Techtonic

My Techno Blog

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  • If space data centers feel far-fetched, why not interstellar travel?

    The founders behind Starcloud, a startup with plans to operate a fleet of GPUs in orbit, have a new pitch for potential investors: A plan to send a tiny spacecraft on an 80,000 year journey to Alpha Centauri. If they do it, it will be the first human-built object explicitly aimed for another star, and […] More

  • How engineered microbes could help feed the world’s crops

    Humans have used biological fertilizers like manure for thousands of years, and companies have long been developing microbial fertilizers, including some that rely on genetic engineering. But it’s difficult to engineer microbes that can reliably provide nitrogen for crops while also thriving themselves.  A startup called Switch Bioworks is taking a new approach that essentially […] More

  • Magna increases bet on battery swapping in India with $35M for Yuma

    While battery swapping has struggled to take off in much of the world, Canadian auto parts giant Magna International believes the model could work at scale in India, where millions of two- and three-wheelers and a fast-growing delivery economy create a different set of economics. And it’s placing that bet on Yuma Energy, a Bengaluru-based […] More

  • Lachy Groom backs Indian startup aiming to keep aircraft aloft for a year

    Prominent solo investor Lachy Groom has backed a Bengaluru startup attempting an ambitious feat: keeping an aircraft in the sky for more than a year by harvesting energy from ocean winds. Alteon, founded by 20-year-old Samay Sanghvi, announced Tuesday that it raised $2.5 million in a pre-seed round led by Groom, with participation from Together […] More

  • FTC accuses Amazon of running a ‘secret ad surcharge scheme’ in new lawsuit

    Amazon is facing a new lawsuit from the Federal Trade Commission (FTC) and 22 states, which accuse the company of secretly charging businesses more for advertising on its platform. The lawsuit, filed Monday, claims Amazon spent more than seven years quietly increasing the prices advertisers paid through its online ad auctions. According to the complaint, […] More

  • Hugging Face hack could indicate cultural issues at OpenAI

    The report did not meet Krueger’s hopes. Its 38 pages detail a multi-month progression of agent misbehavior that culminated in the Hugging Face hack, explore the technical reasons why that misbehavior occurred, and enumerate the steps being taken to prevent similar events in the future. But there’s no consideration of the role that company culture […] More

  • Ryan Breslow is raising up to $27M in pay-to-play bridge funding to save Bolt

    Ryan Breslow, the controversial entrepreneur who returned as CEO of Bolt last year after years of legal battles and clashes with investors, refuses to give up on the checkout processing startup he co-founded in 2014. The company, which hit an $11 billion valuation in early 2022 before plummeting 97% to $300 million, is now raising […] More

  • A milestone in expanding access to AI

    ChatGPT Ads reaches $1 billion in annualized revenue run rate and expands globally, supporting broader access to AI through free and affordable options. Source link More

  • Meeting notetaker Circleback adds a free tier to attract more customers

    The meeting note-taker market is a crowded space. Just in the last few weeks, dictation app Wispr launched its own note-taker and scheduling app, and Calendly added a similar tool to its stack. Dedicated meeting note-takers like Granola, Read AI, and Fireflies have raised millions of dollars in funding. Likely in reaction to the intensifying […] More

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