Tag Archives: TechCrunch

Lightspeed says India not for the faint-hearted amid Sequoia split

Bejul Somaia, the founding partner of Lightspeed India, staunchly defended the allure of South Asia’s investment landscape, even in the wake of unsettling movements such as Sequoia’s decision to segregate its Indian venture. “The startup and venture model is predicated … Continue reading

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ChrysCapital invests $100 million in India’s Lenskart

ChrysCapital has invested $100 million in Lenskart, the two said Thursday, pushing the Asian eyewear startup’s raise in the past year to $850 million as it expands its offerings and reach in international markets. The Indian venture firm is buying … Continue reading

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GM’s BrightDrop makes first commercial EVs delivery outside US

BrightDrop, the electric delivery van subsidiary of General Motors, has made its first delivery outside of the U.S. The company delivered 50 BrightDrop Zevo 600 electric vans to FedEx Express Canada on Wednesday, part of a larger order of 2,500 … Continue reading

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Radio station gets part-time AI DJ based on its midday host

Live 95.5, a radio station in Portland, Oregon, announced Tuesday that its midday host Ashley Elzinga will broadcast a cloned version of her voice — aka “AI Ashley” — to listeners every day from 10 a.m. to 3 p.m. They’ll … Continue reading

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EV startup Telo bets America is ready for a dreamy little pickup

Most trucks today are headed in the wrong direction, metaphorically speaking. They’re far too big and heavy, with shrinking beds and expanding cabins that reflect their turn from a classic workhorse into a status symbol-meets-family car. This is my take, … Continue reading

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TrueCar lays off 102 employees, taps new CEO amid restructure

TrueCar, a platform where people can research new and used car prices and find local dealer savings, is laying off 24% of staff due to a restructure, the company said Wednesday. About 102 people will be impacted by the layoff. … Continue reading

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Fernride nudges yard trucks towards full autonomy with $31M in new funds

Fernride has figured out a way to launch a commercially viable autonomous, electric truck business today. The secret? Not driving on public roads. Most AV trucking companies are going after the moonshot: using self-driving freight trucks — typically 18-wheelers — … Continue reading

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Why every EV charging network combined can’t compete with Tesla

It’s no secret that the charging infrastructure for electric vehicles generally sucks. There are exceptions, of course: Tesla has it pretty well figured out, and some highly trafficked corridors are well covered. But overall, the state of fast charging, which … Continue reading

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Informatica acquires Privitar, once valued at $400M, to expand its data management stack

One of the recurring themes in the area of enterprise IT these days is consolidation, and today we’re getting another dose of it in the area of enterprise data management. Informatica — which provides a set of tools to enterprises … Continue reading

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OctoML launches OctoAI, a self-optimizing compute service for AI

When OctoML launched in 2019, its primary focus was optimizing machine learning (ML) models. Since then, the company has added features that make it easier to deploy ML models (and raised $132 million). Today, the company is launching the latest … Continue reading

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