Fresh off the success of its first mission, satellite manufacturer Apex has closed $95 million in new capital to scale its operations.
The Los Angeles-based startup successfully launched and commissioned its first spacecraft, a model called Aries, in March.
The company is on track to manufacture five Aries this year alone, Apex CEO and co-founder Ian Cinnamon told TechCrunch.
Apex was founded on the thesis that the one of the main bottlenecks facing the growth of the space industry was satellite bus manufacturing.
The company is approaching fifty people and that number is likely to double by the end of this year.
It’s something Apple is striving to answer with its own take on the category, Apple Intelligence, which was officially unveiled this week at WWDC 2024.
Apple Intelligence is a more bespoke approach to generative AI, built specifically with the company’s different operating systems at their foundation.
It’s a very Apple approach in the sense that it prioritizes a frictionless user experience above all.
The operating systems also feature a feedback mechanism into which users can report issues with the generative AI system.
This should function the same with all external models Apple partners with, including Google Gemini.
You could open up the TikTok app and snap a picture of it to find similar items available for purchase on TikTok Shop.
The ability to use image search for shopping is something that Google has offered for years with Google Lens, its visual search tool.
TikTok recently revealed that TikTok Shop now has more than 15 million sellers worldwide, including over 500,000 in the U.S.
It spent more than $400 million on platform safety and created a team of more than 7,500 people to help keep TikTok Shop safe.
TikTok has been betting big on e-commerce, as it sees TikTok Shop as its next big potential revenue source.
Voodoo, a French mobile apps and games publisher, has acquired BeReal for €500 million.
As part of the acquisition, BeReal co-founder and CEO Alexis Barreyat will leave the company after a transition period.
Aymeric Roffé, the CEO of Wizz, one of Voodoo’s social media apps, will take over as CEO of BeReal.
On BeReal, users receive a push notification each day prompting them to post they’re up within a two-minute window.
“Voodoo has a proven track record of driving significant growth in mobile apps,” said BeReal founder Alexis Barreyat, in the press release.
Mistral AI has closed its much rumored Series B funding round with General Catalyst leading the round.
The company has secured €600 million (around $640 million at today’s exchange rate) in a mix of equity and debt.
As a reminder, Mistral AI is a relatively new entrant in the artificial intelligence space.
It also has distribution partnerships with cloud providers, such as Microsoft Azure — Microsoft is also a minor shareholder in Mistral AI.
According to the Financial Times, Mistral AI raised €468 million in equity and €132 million in debt (around $500 million and $140 million respectively).
Who would have thought that Raspberry Pi, the maker of cheap, single-board computers, would become a public company?
It means that Raspberry Pi could end up raising more than $200 million during its IPO process.
If you’re looking to buy Raspberry Pi shares as a retail investor, this isn’t possible just yet.
Raspberry Pi Ltd, the public company, is the commercial subsidiary of the Raspberry Pi Foundation.
Arm previously announced that it intended to increase its stake in Raspberry Pi with the public listing.
Apple kicked off its weeklong Worldwide Developers Conference (WWDC 2024) event today with the customary keynote at 1 p.m. ET/10 a.m. PT.
But the biggest news came with the reveal of Apple Intelligence, the company’s big entrance into the competitive AI market.
You can watch watch the archive over on Apple’s events page, or you can watch the YouTube archive right here and via the embed below.
The latest reports have put a name to Apple’s AI efforts: Apple Intelligence, along with the caveat that not all recent Apple devices will be able to use the new system.
And you can bet that many of iOS 18’s AI features will make their way to macOS 15, as well.
When Slack CEO Denise Dresser was handed the reins last November, she was the third CEO in less than a year at the enterprise communications company.
The SaaS Stage lineup, including our discussion with Denise Dresser, is taking place on Oct 29th – learn more about the event here.
About TechCrunch Disrupt 2024TechCrunch Disrupt is where you’ll find innovation for every stage of your startup journey.
Over 10,000 startup leaders will be attending this year’s event on October 28-30 in San Francisco.
We can’t wait to hear from Denise Dresser and more SaaS leaders at this year’s show.
One way to know for sure that you’re at a developer conference: The crowd gets really excited when you announce a new Calculator app.
The addition of the app got (by far) the biggest applause pop at WWDC 2024 so far.
The biggest arrival here is the addition of Math Notes.
The addition feature effect does the math for you.
At once, the feature makes iPad an even more interesting option is the academic segment, though plenty of teachers will no doubt balk at an app that does all of the work for users.
Following the collapse of its electric car project, Apple reportedly shuffled a number of employees into its internal generative AI efforts.
iOS 18 with more AIImage Credits: Darrell EtheringtonAlong with that partnership, expect iOS 18 to be the centerpiece of the event.
Siri will be getting a long-awaited refresh, courtesy of Apple’s generative AI work.
Generative AI is even coming to emojis, allowing users to customize and create their own in Messages.
A lot of the iOS updates should also make their way to macOS, including those in Siri, Notes and Safari.
