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The ElliQ eldercare robot gets a hardware upgrade, generative AI for improved conversations

TechCrunch

In Tel Aviv, meanwhile, Intuition Robotics has been promoting a “companion” robot since 2016 […] © 2023 TechCrunch. In recent years, other markets have begun exploring the space. Labrador Robotics’ home assistive system is a good example here in the States. All rights reserved. For personal use only.

Hardware 253
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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known as a data processing unit (DPU), for around $190 million. ” A DPU is a dedicated piece of hardware designed to handle certain data processing tasks, including security and network routing for data traffic. .

Azure 282
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7 investors discuss augmented reality and VR startup opportunities in 2020

TechCrunch

The reasons are plentiful, but all tend to circle around the idea that it’s too early for software and too expensive to try to take on Apple or Facebook on the hardware front. On the hardware side, the ghost of Magic Leap’s formerly hyped glory still looms large.

VR 299
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Giraffe360, a robotic camera for real estate, raises $4.5M from LAUNCHub and Hoxton Ventures

TechCrunch

Also participating is HCVC (Hardware Club), alongside existing investor Change Ventures. It was founded in 2016 in Riga, Latvia by two brothers, Mikus Opelts and Madars Opelts, and is headquartered in London, U.K. It has now raised $4.5 million in a funding round led by LAUNCHub Ventures and Hoxton Ventures.

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Apple acquired a startup using AI to compress videos

TechCrunch

” WaveOne was founded in 2016 by Lubomir Bourdev and Oren Rippel, who set out to take the decades-old paradigm of video codecs and make them AI-powered. It’s an effective approach, but new codecs require new hardware specially built to accelerate compression or decompression, making improvements slow to propogate.

Video 278
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Colombian on-demand delivery startup Rappi raises ‘over’ $500M at a $5.25B valuation

TechCrunch

Favors offer an array of custom services, such as running an errand, going to the hardware store or picking out and delivering a gift. A16z’s initial investment in July 2016 was the Silicon Valley firm’s first investment in Latin America, according to LAVCA. The two products allow users to connect directly with a courier. .

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Splice gets $55 million for its software bringing beats from bedrooms to bandstands

TechCrunch

Steve Martocci at TechCrunch Disrupt in 2016. These are companies like hardware maker Native Instruments, which launched the Sounds.com marketplace last year, and there’s also Arcade by Output that’s pitching a similar service. . Splice is also pleased to announce that Kakul Srivastava has joined the company’s board.