Sword Health, an AI-powered virtual physical therapy startup, has raised $30 million and let employees sell $100 million worth of equity to new and existing investors, including Khosla Ventures. The round brings the nine-year-old company’s valuation to $3 billion, a 50% increase from the $2 billion value it garnered in its Series D in November 2021. The…
Conner Galloway and Alexander Valys have followed developments in nuclear fusion research since they were roommates at MIT some 20 years ago. For much of that time, it wasn’t the most exciting pastime: breakthroughs were few and far between, and commercial fusion remained perpetually on the horizon, always 20 years away from providing inexpensive, inexhaustible,…
The latest version of the Raspberry Pi, the small-but-mighty computer that has become quite popular with tech hobbyists and industrial companies, can now also be an AI computer. The company on Tuesday released the AI Kit, which is a $70 extension kit with a neural network inference accelerator that can be used for local inferencing,…
Apple’s Worldwide Developers Conference next week promises to be a pivotal moment in the iPhone maker’s history. At WWDC, the Cupertino tech giant will showcase how it’s chosen to integrate AI technology into its devices and software, including through a historic partnership with OpenAI. As the big event nears, all sorts of leaks have emerged…
The global spend management sector is experiencing a tailwind of sorts. North America is arguably the biggest market in this space, but spend management companies have seen demand rise across the world, thanks to increasing internet penetration, tech advancements and businesses’ increasing focus on making sure they spend wisely. Indeed, the space is expected to…
After the Digital Markets Act (DMA) forced Apple to allow third-party app stores for iOS in Europe, several developers have launched alternative stores, like the AltStore and MacPaw’s Setapp (currently in closed beta). The latest entrant is Aptoide, the long-standing Android app store upstart, which is launching a game store in Europe. The company announced…
AI mortgage startup LoanSnap is facing an avalanche of lawsuits from creditors and has been evicted from its headquarters in Southern California, leaving employees worried about the company’s future, TechCrunch has learned. LoanSnap, founded by serial entrepreneurs Karl Jacob (pictured above) and Allan Carroll, has raised around $100 million in funding since its 2017 seed…
Threads, Meta’s Twitter/X competitor and the company’s first bet on decentralized social media, is now making it easier for users to control their Threads experience. After launching a customizable dashboard interface last week, Instagram head Adam Mosseri announced Monday that the app is now rolling out the ability for users to signal which sort of…
With fewer than 400,000 inhabitants, Iceland receives more than its fair share of tourists — and of venture capital. Both are good reasons to pay attention to what’s going on and coming out of this unique island nation. “We need more pillars to our economy,” Áslaug Arna Sigurbjörnsdóttir, Iceland’s Minister of Higher Education, Science and…
