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Artificial Intelligence

VerSe Innovation, funded by Google and Microsoft, decreases staff by 5% and salary

TechCrunch has verified and confirmed that VerSe Innovation, the $5 billion Indian startup that created the news aggregator Dailyhunt, the short-video platform Josh, and the hyperlocal video tool PublicVibe, has laid off 150 employees, or 5% of its 3,000-person workforce. People with knowledge of the situation told TechCrunch that the …

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For their tiny medication delivery robots, Bionaut Labs receives $43.2 million

In March 2021, Bionaut Labs, which was established in 2017, came out of hiding with the intention of commercializing years of medication delivery robot research. The Los Angeles-based business today announced a $43.2 million Series B investment round as a follow-up to its first $20 million funding announcement, bringing its …

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Mercedes-Benz will restrict vehicle acceleration prior to receiving a $1,200 yearly subscription

Mercedes-Benz has placed a paywall that costs $1,200 a year in front of some electric vehicles’ full performance. Although many people have criticized the company, it claims that the “Acceleration Increase” will “unleash enhanced performance” of its Mercedes-EQ EQE and Mercedes-EQ EQS vehicles. The price range for the aforementioned vehicles …

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