Month: November 2022
Upstart lays off 7% staff amid weakening demand for loans
Lending giant Upstart has laid off about 140 employees — or 7% of its total workforce — who help process loan applications, sources told TechCrunch. The cloud-based AI lending platform notified its affected employees about the layoff on Tuesday. Upstart had about 2,000 employees, according to the company, which confirmed the layoffs. “Given the challenging … Read more
Move Amazon SageMaker Autopilot ML models from experimentation to production using Amazon SageMaker Pipelines
Amazon SageMaker Autopilot automatically builds, trains, and tunes the best custom machine learning (ML) models based on your data. It’s an automated machine learning (AutoML) solution that eliminates the heavy lifting of handwritten ML models that requires ML expertise. Data scientists need to only provide a tabular dataset and select the target column to predict, … Read more
Crypto VC Firm CoinFund Looks to Raise $250M Seed Fund
SEC filings show the firm is raising money for a new fund less than three months after launching a $300 million fund.
The Marine Lab in the Path of Fury
Comments
Metrist raises $5.5M to provide better cloud service outage data
Metrist, a startup that helps IT teams stay on top of outages among the many cloud services they use to run their own applications, today announced that it has raised a $5.5 million seed round from the likes of Heavybit, Morado Ventures, as well as PagerDuty co-founder Alex Solomon and StatusPage co-founders Scott and Steve … Read more
Xbox Game Pass’ November lineup includes two of the best games of the year
Return to Monkey Island hits Game Pass on November 8th. | Image: Devolver Digital Xbox Game Pass is getting some great games in November, including the official Xbox releases of two of my favorite games of the year: Return to Monkey Island and Vampire Survivors. Return to Monkey Island is the newest entry in the … Read more
Twitter ad sales head resigned amid turbulent Musk takeover
Twitter’s Chief Consumer Officer Sarah Personette has left the company, she wrote in a Twitter thread Tuesday morning. Personette, who was in charge of Twitter’s ad sales business, said that she resigned on Friday, and her work access was officially cut off by Tuesday. The day before her resignation, Musk fired four key executives immediately … Read more
Heylo wants to help you build your own little social circles for events
If you’ve worked at large tech companies, you’ve probably seen that a bunch of groups show up, whether officially or unofficially. Google calls ’em Employee Resource Groups (ERG), Facebook has its internal version of Facebook with groups, and other orgs have systems that range from listservs that have been running since the 1990s, to internal … Read more
How Artists Can Raise Money for Social Causes With NFTs
From coming up with the idea for your project to fostering community, here’s what you need to know.
One Million Database Connections
Comments
MLOps platform Galileo lands $18M to launch a free service
Galileo, a startup launching a platform for AI model development, today announced that it raised $18 million in a Series A round led by Battery Ventures with participation from The Factory, Walden Catalyst, FPV Ventures, Kaggle co-founder Anthony Goldbloom and other angel investors. The new cash brings the company’s total raised to $23.1 million and … Read more
Are investors really paying more for profits than growth today?
What’s better: growing quickly or making lots of money? The answer, in startup terms, is both. But because there is a natural tension between growth (which usually comes with incremental costs, often in advance of new revenues) and profitability (allowing revenue to further extend its coverage of operating costs), most startups lean more on the … Read more
DeFi Protocol Voltz Opens Door for Passive Traders With Liquidity Optimizer Vault
The new product will give traders the opportunity to earn passive LP returns without the risk of impermanent loss, Voltz’s CEO said.
Bondholders of Troubled Bitcoin Miner Core Scientific Said to Be Working With Lawyers: Report
Some of the miner’s convertible bondholders are working with restructuring lawyers at Paul Hastings.
Bitcoin Miner Argo Blockchain Loses More Wall Street Bulls After Financial Woes
Two analysts downgraded their recommendation on Argo’s shares.
Tilda Swinton is her own mother in the first trailer for A24’s The Eternal Daughter
Tilda Swinton as Julie in The Eternal Daughter. | A24 Director Joanna Hogg’s The Eternal Daughter, starring Tilda Swinton, mesmerized audiences at this year’s Venice Film Festival with its quiet, arresting story about a woman and her elderly mother being haunted by the mysterious presence dwelling within a hotel. After watching the movie’s first trailer, … Read more
OpenSSL 3.0.7 Published
Comments
Crypto’s 1907 Moment
Financial stability ultimately depends on the trustworthiness of people, not the reliability of technology.
Catch these rising startups exhibiting at TC Sessions: Crypto
Even when a chill venture wind blows, you’ll find daring entrepreneurs forging ahead, and we’re here to highlight the outstanding early-stage startups in the world of blockchain, cryptocurrency, DeFi, NFT and web3. You’ll find them exhibiting at TC Sessions: Crypto on November 17 in Miami, and what better way to check them out than to … Read more
DeFi Debt Marketplace Credix to Open a $150M Stablecoin Credit Pool to Digital Lender Clave
Clave will use the credit pool to originate loans to Latin American businesses and consumers.