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Amazon Web Services (AWS) has introduced Ocelot, its first quantum computing chip. The news brings it into line with its big cloud rivals Microsoft and Google, which have also unveiled their own quantum chips in recent months, respectively Majorana and Willow. The cloud computing giant has long been investing in the quantum computing space, starting […]

A four-year-old Swiss startup has raised a sizable chunk of change to capitalize on the burgeoning “agentic AI” movement. Unique said on Thursday that it has raised $30 million in a Series A funding round that was led by London-based VC firm DN Capital and CommerzVentures, the investment offshoot of Germany’s Commerzbank. “Agentic AI” is […]

The automated logic behind many financial decisions — for example, decisions that determine whether a client is approved for a credit line — is hard-coded. Often, it’s not easily changed. If a head of credit at a bank wanted to adjust the bank’s lending criteria, for example, they’d likely have to raise a ticket with […]

Meta is mulling launching a standalone app for short-form videos, The Information reported, citing an anonymous source who heard Instagram head Adam Mosseri talking about the project to staff. The project is reportedly code-named Project Ray that aims to improve recommendations for new users and existing users in the U.S., and feature more three-minute videos, […]

Being somewhat later than Europe in adopting the idea of parcel delivery, much of Asia built its delivery infrastructure around e-commerce, effectively “Uberizing” how deliveries worked down to the last mile. Think DoorDash but for parcels, not food. This is what the founders of Europe’s Relay realized and decided to bring to the region — […]

Apple delivered its latest budget handset, the $599 iPhone 16e, without pomp. There was no big event in person, nor was there one online. No journalists scrambled through hoards of colleagues to snap photos of the phone. Instead, CEO Tim Cook tweeted out that new hardware was on the way, days before Apple announced the […]

The boom in e-commerce post-pandemic meant shops moved online. However, some merchants ended up with dozens of separate app providers to accommodate everything from supply chains, to inventory, to marketing. The founders of Shop Circle realized this and either built or bought many such apps. The company has now raised $60 million in a Series […]

Commercetools — a “headless commerce” platform that provides APIs to companies building online storefronts — saw a major boost in its business just a few years ago, raising money at whopping $1.9 billion valuation as the world went shopping online in the wake of the Covid-19 pandemic, and businesses rushed to improve their e-commerce operations. […]

Data storage and resilience company Lonestar and semiconductor and storage company Phison launched a data center infrastructure on a SpaceX rocket on Wednesday that’s headed to the moon. The companies are sending Phison’s Pascari storage — solid state drives (SSDs) built for data centers —packed with Lonestar’s clients’ data on a SpaceX Falcon 9 rocket […]