Category Archives: Tech

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Amazon debuts its largest Echo Show yet

Amazon on Wednesday introduced the Echo Show 21, its largest Echo Show yet. The smart display comes with double the viewing area of the existing Echo Show 15, which is also getting an upgrade. The two new devices have better … Continue reading

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Riding high on open source ERP, Odoo raises $527M via secondaries lifting its valuation to $5.26B

Belgium-based Odoo decided to use open-source tools as a way to attack the enterprise resource planning (ERP) software market, going up against giants like SAP. Fast forward a couple of decades and it’s now picking up €500 million in secondary … Continue reading

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Bitcoin rises to a fresh record above $94,000 as investors watch Trump transition, ETF options

Bitcoin advanced above $94,000 on Wednesday as investors monitored the Trump transition and digested newly launched options trading.

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Federato fixes insurance risk analysis with AI, raises $40M

Insurance has been fertile ground for artificial intelligence innovation, working as it does at the nexus of giant datasets, risk assessment, predictive analytics, fintech and customer service. Federato, a startup riding that momentum, has now raised $40 million to expand … Continue reading

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Converge Bio’s ‘everything store’ for biotech LLMs brings in $5.5M seed

AI is finding its way into every corner of biotech and pharmaceutical research, but like other industries, it’s never quite as straightforward to implement as one would like. Converge Bio has built a tool for companies to make their biology-focused … Continue reading

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Alphabet’s VC arm backs little-known SAP rival Odoo, boosting valuation to $5.3 billion

Odoo, an enterprise software startup rivalling SAP, boosted its valuation to $5.3 billion in a secondary share round led by Alphabet’s VC fund and Sequoia.

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HPE’s El Capitan Named World’s Fastest Supercomputer

El Capitan, built by HPE, tops the 2024 TOP500 list as the world’s fastest supercomputer, driving breakthroughs in AI, nuclear research, and energy.

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Fintech giant Finastra confirms it’s investigating a data breach

An incident disclosure shared with Finastra’s banking and financial customers confirms a hacker stole files from a company system. © 2024 TechCrunch. All rights reserved. For personal use only.

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Price Drop: Code Faster and More Accurately, Even in Collaboration, for Just $28

Microsoft Visual Studio Professional 2022 for Windows allows you to code with teams across platforms and languages, and offers advanced tools to ensure accuracy. Now at $27.97 through November 21.

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Portugal’s Tekever raises $74M for dual-use drone platform deployed to Ukraine

Dual-use drone startup Tekever has raised €70 million ($74 million) to develop its product and expand into new markets, specifically the U.S.. The news is part of a trend of smaller tech-driven startups moving into markets normally dominated by large … Continue reading

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