Hyundai Motor to invest $2.45bn in India by 2032 to boost EV ecosystem

Hyundai Motor has announced that it plans to invest $2.45 billion (200 billion Indian rupees) over the next ten years in the southern Indian state of Tamil Nadu to... Read more »

Peloton recalls millions of exercise bikes after reports of injuries

Peloton is recalling roughly 2.2 million exercise bikes over safety concerns, several outlets reported this morning. The reason is a faulty assembly, according to a release by the U.S.... Read more »

AMP Robotics attracts investment from Microsoft’s Climate Innovation Fund

AMP Robotics, a Denver, Colorado-based startup creating robotic systems that can automatically sort recyclable material, today announced that it extended its Series C round to $99 million, thanks to... Read more »

AI2 is developing a large language model optimized for science

PaLM 2. GPT-4. The list of text-generating AI practically grows by the day. Most of these models are walled behind APIs, making it impossible for researchers to see exactly... Read more »

Australian software giant won’t say if customers affected by hack

Australian enterprise software company TechnologyOne has halted trading after confirming it was hit by a cyberattack. In a stock exchange filing on Wednesday, the Brisbane-based software maker said it... Read more »

Wellthy lands $25M to help caregivers feel less overwhelmed

It’s called the sandwich generation for a reason. Millions of people in the U.S. are taking care of parents as they age or deal with illnesses. The constant demands... Read more »

Higher interest rates are fostering a fintech comeback story

While rapidly rising interest rates in the United States have caused more than a few financial institutions to topple, a group of well-known fintech companies are posting signs of... Read more »

Pinterest is combining Pins and Idea Pins into a single format

As Pinterest further shifts its focus to video content following the development of its video-focused Idea Pins, the company says it will now streamline its tools for all Pin... Read more »

Capchase gets into buy now, pay later with Capchase Pay for SaaS financing

Capchase, a provider of non-dilutive growth capital, is now in the buy now, pay later space after launching Capchase Pay to help Software-as-a-Service companies close deals faster. Capchase Pay... Read more »

AudiencePlus wants to help every company run its own media platform

It used to be that having a corporate blog and some paid content was the gist of your marketing department’s content efforts, and that was enough. But as larger... Read more »
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