Hyperlume wants to make chip-to-chip communication faster and more efficient
Data centers consumed 4.4% of U.S. electricity in 2023 and are estimated to use up to 12% by 2028. The majority of the energy data centers suck up is used to help transfer data from chip to chip. A company called Hyperlume is looking to make that process more energy-efficient while also speeding it up.
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4:39
Augury raises $73M on a $1B+ valuation for AI to detect malfunctions in factory machines
As companies like Nvidia and SoftBank make industrial robotics into a key focus for future R&D, a startup has raised funding today for another facet of how AI is being used on the factory room floor. Augury, which develops AI-based hardware that measures vibrations, sound, temperature and other factors to understand how machines are working
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6:09
Level Zero Health banks $6.9M to prove wearable medtech can take the strain out of hormone testing
Level Zero Health, a female-founded medical device startup that’s aiming to break new ground by developing a device for continuous hormone monitoring, has closed an oversubscribed $6.9 million pre-seed funding round despite being only a little over a year old.
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7:43
Legal tech startup Luminance, backed by the late Mike Lynch, raises $75M
Generative AI is getting better at interpreting dense texts, and this progress has proven to be a boon for startups attacking one of the most complex sets of texts there is: the law. It makes sense then that we’ve been seeing a new burst of activity in the legal tech space
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4:15
Germany’s Helsing doubles down on drones for Ukraine, scales up manufacturing
Helsing, the German defense tech startup backed by Spotify’s Daniel Ek and others, is producing 6,000 HX-2 strike drones in addition to the 4,000 HF-1 strike drones financed by Germany that are currently being delivered to Ukraine. “We are scaling up production of HX-2 in response to additional orders from Ukraine.”
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