AI chip startup Axelera lands $27M in capital to commercialize its hardware

Several years ago, Fabrizio Del Maffeo and a core team from Imec, a Belgium-based nanotechnology lab, teamed up with Evangelos Eleftheriou and a group of researchers at IBM Zurich Lab to develop a computer chip. Unlike conventional chips, theirs was destined for devices at the edge, particularly those running AI workloads, because Del Maffeo and…

Shutterstock to integrate OpenAI’s DALL-E 2 and launch fund for contributor artists

Stock image giant Shutterstock has announced a major push into AI generated imagery today in partnership with OpenAI, expanding on a strategic tie-up the pair announced last year. The partnership between Shutterstock and OpenAI will see the latter’s DALL-E 2 image-generating AI system integrating with Shutterstock content and made available to Shutterstock users worldwide —…

RapidSOS, a big data platform for emergency first responders, raises $75M

Emergency response services have had a big boost of data thanks to advances in connected technology, with watches that can detect when their wearers are falling down and are experiencing trauma, cars that can pinpoint where their drivers are located, and home systems that can transmit important data about fires when you cannot just a…

Bolt launches virtual Shopper Assistant for easier access to personalized experiences

Bolt, which is mostly known for its one-click checkout experience, now has a new virtual Shopper Assistant so that retailers can more easily turn guest shoppers into account-holding customers. Company CEO Maju Kuruvilla told TechCrunch that rather than dealing with pop-ups or other disconnected methods of obtaining a customer’s email address, retailers, like its customer…