AI

Liqid raises $28 million for adaptive resource management in datacenters

Liqid has raised $28 million for adaptive resource management to improve round-the-clock utilization of computers in datacenters.

The Broomfield, Colorado-based company creates composable datacenter infrastructure solutions and services. The money came from Panorama Point Partners, with participation from Iron Gate Capital and affiliates of DH Capital.

The investment brings the company’s total funding to $50 million. Liqid recently doubled quarter-over-quarter revenue, with record profit and a record number of customers and deployments of its comprehensive composable infrastructure solutions.

Liqid will use the funding to accelerate growth and increase budgets for hiring in operations, sales, marketing, engineering, and other business-critical

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Hive raises $10.6 million to bolster project management with AI

For evidence that the future of work is automated (or at least semi-automated), look no further than startups like New York-based Hive. The productivity platform provider offers solutions from meeting scheduling to task management and project monitoring, and in an effort to lay the groundwork for expansion after quintupling revenue this past year, it’s secured fresh funding.

Hive today revealed that it’s raised $10.6 million in a series A round led by Comcast Ventures, with participation from existing seed investors Tribeca Venture Partners, Vocap Investment Partners, and Rembrandt Venture Partners. It brings the company’s total raised to $16.7 million

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Angular Ventures is a $41 million early-stage fund for deep tech startups entering the U.S.

A new early-stage venture capital (VC) firm that focuses on European and Israeli “deep tech” enterprise startups eyeing U.S. expansion, has officially closed its inaugural fund.

London-headquartered Angular Ventures, which has additional hubs in Tel Aviv and New York, has announced an “oversubscribed” $41 million institutional seed fund — significantly more than the $25 million it planned to raise according to its filing with the U.S. Security and Exchange Commission (SEC) last year.

Founded in May 2018 by Gil Dibner, an angel investor and former partner at DFJ Esprit, Angular Ventures has invested in 12 startups already since the

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AI designed this gin, but would you drink it?

Two years ago, I owned a bar with over 300 different gins — one of the largest collections of juniper-flavored spirits at any establishment in the United States. None of those gins was designed by a computer, a fact that my bartenders would likely have explained was for the best: A gin’s non-juniper botanicals are what make it distinctive, and the most popular recipes have traditionally come from experienced distillers.

But now that we’re in the AI-as-possible-gourmand era, what if a trained AI system took over the process of formulating, naming, labeling, and even marketing a new type of

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Goldman faces probe after entrepreneur claims gender bias in Apple Card algorithm

(Reuters) — A probe into Goldman Sachs’ credit card practices has been initiated after tweets from a tech entrepreneur alleged gender discrimination in the new Apple card algorithms that are used to determine credit limits.

In a series of Twitter posts starting on Thursday, David Heinemeier Hansson railed against the Apple Card for giving him 20 times the credit limit his wife got, Bloomberg reported on Saturday.

Hansson, who is the creator of web-application framework Ruby on Rails, didn’t disclose any specific income-related information for himself or his wife but said they filed joint tax returns and

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Lyft will add Chrysler Pacifica minivans to its self-driving fleet, open new road test center

Lyft is doubling down on its self-driving car efforts with this week’s announcement that it will open a second road test site. The center will be in Palo Alto, California, near its self-driving HQ — the Level 5 Engineering Center. Lyft also took the wraps off a new car that will join its autonomous fleet: a modified Chrysler Pacifica minivan equipped with cameras, radar, and lidar sensors akin to those employed by Alphabet’s Waymo.

Lyft told TechCrunch that work at the new facility will complement the GoMentum Station testing center it uses in Concord, California, enabling a larger number of

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Uber may have to pay Waymo over autonomous driving tech

(Reuters) — Uber said it “will likely” have to strike a licensing deal with Waymo or opt for costly changes to its autonomous driving software, after an expert found the ride-hailing giant still used technology from the Alphabet unit.

While it was unclear by when the company needed to decide on its next move in the blockbuster trade secrets dispute, Uber, in a quarterly securities filing on Tuesday, said that a detour in its software development “could limit or delay our production of autonomous vehicle technologies.”

Uber has been racing to catch up to Waymo in the development

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Snapdocs raises $25 million to streamline mortgages with AI

Real estate tech company Snapdocs today revealed that it has raised $25 million in series B funding to further develop its products and platform. Coinciding with the news, the San Francisco-based company announced the opening of a new office in Denver, Colorado. Snapdocs said the new office would serve as a center for a “wide variety” of roles, with an emphasis on engineering and operations.

F-Prime Capital led this latest raise, with participation from Sequoia Capital. (Among previous backers are Y Combinator and SV Angel.) The series B brings Snapdocs’ total raised to around $45 million, following a $15 million

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Yandex is testing an autonomous delivery rover in Moscow

Yandex’s autonomous ambitions extend beyond the automotive domain. The Moscow-based company today announced that its self-driving division — responsible for developing, testing, and deploying its driverless vehicle fleet — is piloting a robot dubbed Yandex.Rover that can deliver small packages autonomously.

Yandex’s six-wheel rover, which is roughly the size of a small suitcase, taps some of the tech at the core of Yandex’s self-driving cars to travel safely “at the speed of a pedestrian.” It’s capable of navigating around obstacles in all weather conditions during daylight or darkness, but in the area where it’s currently deployed — the over 7,000-person

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GitHub: Over 80% of repository contributions come from outside the U.S.

GitHub’s annual Octoverse report is out today. It found that Microsoft’s Visual Studio Code or VSCode (19.1K), Azure Docs (14K), and Flutter (13K) were the top open source projects in total contributors on GitHub in the last year, followed by projects like Google’s TensorFlow (9.9K), Kubernetes (6.9K), and the React Native framework created by Facebook.

The annual report that looks at trends and milestones for the code repository acquired by Microsoft last year also found that repositories with topics like “deep learning,” “natural language processing,” and “machine learning” grew in popularity over the course of the past year. GitHub is

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