Author: user
With US President Donald Trump and Chinese President Xi Jinping facing a trade war that has made global markets and businesses large and small, the countless questions about the mind are who will blink first? Trump has hampered China with a 145% tariff. Beijing is retaliating with a 125% obligation. On Tuesday, Trump strengthened his trade salvo by ordering a national security review on the imports of key minerals. Most of them come from China. Previously, Bloomberg News reported that China had ordered airlines not to deliver Boeing Jets and not to halt aircraft-related equipment and parts from US companies,…
KIA debuted its 2026 EV4 sedan at the New York International Auto Show on Wednesday. It is the first global electric sedan and is designed for customers looking for affordable EVs. Whether US customers will be drawn to the sedan is an open question, and one KIA is not necessarily a bet. The company will begin selling the EV4 in Korea and plans to bring it to Europe by the end of the year. Sales in the US are expected to start in the last quarter of 2025 or the first quarter of 2026, a Kia spokesperson told TechCrunch. With…
According to the latest report from the Data Provider Pitchbook, Startups has won $91.5 billion in venture capital funding. This figure not only represents the second highest quarter investment in the last decade, but also represents the second-highest quarterly investment in the last decade. Despite this seemingly positive news, Pitchbook’s lead US venture capital analyst Kyle Stanford appears to be the most bearish about VC trading since he began covering the market 11 years ago. Stanford’s source of negativity? The shattering of 2025 as a key exit will create a cycle in which IPOs and large acquisitions generate large amounts…
Microsoft researchers claim they have developed the largest 1-bit AI model, also known as the “bitnet” to date. Called the Bitnet B1.58 2B4T, it is openly available under the MIT license and can run on CPUs including Apple’s M2. Bitnets are essentially a compression model designed to run on lightweight hardware. In standard models, weights, which are values that define the internal structure of a model, are often quantized, so the model works well on a wide range of machines. Quantizing weights reduces what is needed to represent these weights by the number of bits (the smallest unit a computer…
KRU Live, a live engagement agency, has been acquired by Brand Partnership Group, a leading network of agencies and partners dedicated to driving brand innovation and long-term growth through strategic partnerships. This milestone is the next phase of KRU Live’s 20-year journey from a small start-up in Southampton to a global leader in brand experience staff. Founder Tom Eatenton, who launched the agency in 2005, will close the business as part of the transition. Sarah-Jane Benham, CEO of Kru Live Global, will continue his leadership role and play a key role in the group’s ambitious growth plan. Benham said: “This…
Deck, a startup that claims to be building “plaids for the rest of the internet,” has raised $12 million in the Series A funding round. The New Raise, led by Infinity Ventures, will increase the Montreal-based deck total to $16.5 million since its launch in January 2024. Golden Ventures and Better Tomorrow Ventures are co-led to develop that kind. The deck claims to build infrastructure for granted data access to users across the Internet. That browser-based data agent “unlocks” data from any website through automation. More simply, the deck aims to help users connect any account online, and with the…
According to Morgan Stanley, even if President Donald Trump’s trade war caused a recession, electricity demand should be resilient. “We believe that the trend in electricity demand is more durable than previous cycles due to the inelasticity of data center demand,” an analyst led by Andrew Percoco told clients in a memo on Monday. “Industrial demand could fall short, but manufacturing reuse is a long-term tailwind.” Wall Street’s bullish outlook for electricity demand has been a key pillar of many energy stock investment cases over the past 12 months. For example, Morgan Stanley believes that the electricity consumption of artificial…
Isaiah Steinfeld, a former Amazon executive who helped drive global startups growth on AWS, has launched something new. After working with over 330,000 startups through AWS programs such as the Genai Initiative’s Activate and Shape Startage, Steinfeld is currently leading venture studio and innovation consultant Neue Alchemy, and is leaning towards: Neue Alchemy: Inside a post-AI venture studio supported by leaders from AWS, Nike and Fiverr Neue Alchemy is more than just another buzzword-filled studio. This is a company supported by real-world experience from leaders who have built for brands like Nike, Lyft, Upwork, Agility Robotics and more. the goal?…
Evolution Dome, a UK-based provider of temporary inflatable structures, has deployed 137 private meeting pods for a healthcare meeting of 1,500 people over three days at the Gaylord Palms Hotel in Orlando, Florida. In collaboration with Total Destination Solutions (TDS), Evolution Dome has transformed the hotel’s exhibition hall into a fully functional meeting hub and has installed 137 5MX6M office pods for major pharmaceutical brands. Setup took just 12 hours and the Evolution Dome team completed the installation in just 10 hours. The inflatable “office pods” are strategically located within the venue’s vast exhibition halls, with 1,500 participants in 137…
The global provider of Momentus Technology for venue and event management solutions and BoldPush, the media and consulting firm for the events industry, has released a white paper on the future of event venues, providing insights into the evolving role of venues in the industry. The future of event venues is technologically driven The survey suggests that the venue’s future is tech-driven, with 67% citing AI as having a major impact on venue management. Additionally, 50% of respondents expect to focus on future technology and automation in the industry, with 44% identifying the adoption of advanced technology as an initiative…