PhysicsX Secures €30 Million in Series A Funding to Revolutionize Engineering with AI Superpowers PhysicsX, a UK-based startup aiming to transform simulation for science and engineering using AI, has successfully raised €30 million in a Series A funding round. The funding, led by US-based VC firm General Catalyst, will enable PhysicsX to accelerate the development
Read MoreReddit’s Potential IPO Sends Ripples Through the Market Social media giant Reddit is once again rumored to be testing the IPO waters, a move that has caught the attention of investors and industry insiders alike. According to Bloomberg, the San Francisco-based company is currently engaged in talks with potential investors for an initial public offering,
Read MoreWhale-inspired ‘Wave-Devouring’ Technology Offers Green Propulsion for Ships A revolutionary technology inspired by the tail fin of a whale is being developed by scientists from Cranfield University in the UK, offering a green propulsion solution for ships. The technology, known as wave-devouring propulsion, involves the installation of a flapping foil system at the bottom of
Read MoreSingapore-based fast fashion platform Shein is gearing up to make a big splash on Wall Street. According to several media reports, Shein has confidentially planned to go public in the United States, following its successful fundraising efforts earlier this year. A Fashion Disruptor Shein, which was founded in China over a decade ago, has quickly
Read MoreParis-based Startup Studio Hexa Secures $22 Million in Funding to Launch More Startups Hexa, the Paris-based startup studio known for launching successful B2B software companies like Front, Aircall, and Spendesk, has raised $22 million (€20 million) in a recent funding round. The investment, led by local entrepreneurs and family offices, will enable Hexa to expand
Read MoreVarjo XR-4 Series: The Future of Mixed Reality Comes Into Focus Finnish startup Varjo has unveiled its latest XR headset range, the XR-4 series, which aims to provide mixed reality experiences that are “indistinguishable from natural sight.” These devices merge various features that mimic the function of the human eye, including high-resolution displays, advanced LiDAR
Read MoreBiotech and AI startup Cradle has secured $24 million in funding to further develop its AI-powered protein programming platform. The company, which emerged from stealth mode just over a year ago, has gained traction in the industry with its innovative approach to protein design. Rather than training AI models to understand molecular structure, Cradle treats
Read MoreFormer Top Ukrainian Cyber Official Detained on Embezzlement Charges Introduction In a shocking turn of events, a former top Ukrainian cybersecurity official has been detained on charges of embezzlement. This comes just days after the government fired two other high-ranking cybersecurity officials who were also accused of similar crimes. The Firings Last week, Taras Melnychuk,
Read MoreMeta’s Ad-Free Subscription Faces Privacy Challenge in the EU Privacy Rights Group Files Complaint Against Meta’s Ad-Free Subscription A privacy rights group called noyb has filed a complaint with Austria’s data protection authority against Meta’s ad-free subscription in the European Union. The complaint argues that Meta’s tactic of offering users a choice between paying for
Read MoreFoxconn to Invest $1.5 Billion in India, Expanding Operations Foxconn, the Taiwanese electronics manufacturer, has announced plans to invest $1.5 billion in India as part of its ongoing expansion strategy. The company, known for its partnership with tech giant Apple, aims to fulfill its operational needs and tap into the growing South Asian market. Investment
Read More