As social media has evolved from a place to connect with friends to full-scale entertainment platforms, a startup called Yope is quietly building what it believes will be the future of online connection: social networks without algorithms, without ads, and without public content. Yope’s app, now backed by a $12.3 million round led by Northzone,
One of the most important things happening on Earth today is the increase in solar energy. Around the world, companies and countries are rushing to deploy solar power and batteries to achieve energy independence and limit the effects of climate change. However, that construction runs into a challenge in the labor market, with a limited
A farmer in rural India takes a photograph of a dying plant. He wants to research it on the Internet but he doesn’t speak English. She shouldn’t have to do it. That’s the kind of problem a nonprofit called Current AI is trying to solve by building an open, public AI infrastructure. In February at
Hinge founder Justin McLeod announced an $18 million fundraising for his new dating company, Overtone. McLeod stepped down from his CEO role at Hinge last year, and Hinge owner Match Group, which also owns apps like Tinder and OkCupid, is helping fund his new venture, along with FirstMark Capital and Pace Capital. While details about
The AI chip boom just produced its biggest moment on Wall Street yet. SK Hynix, a South Korean memory chip giant, said on Friday that it had raised $26.5 billion (KRW 40 trillion) in its US market debut. SK Hynix sold 177.9 million American depositary shares (ADRs) at $149 each, structured so that American investors
Several companies, betting on various architectural approaches, are trying to build the first commercially viable quantum computer capable of significantly outperforming current systems. Oratomic, which entered the race earlier this year with the goal of developing the first utility-scale quantum computer by the end of the decade, said this week that it has raised $300