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Computer vision inches towards ‘common sense’ with Facebook’s latest research (TechCrunch)

Devin Coldewey

Machine learning is capable of doing all sorts of things as long as you have the data to teach it how. That’s not always easy, and researchers are always looking for a way to add a bit of “common sense” to AI so you don’t have to show it 500 pictures of a cat before it gets it. Facebook’s newest research takes a big step towards reducing the data bottleneck.

Computer vision inches towards ‘common sense’ with Facebook’s latest research

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Geothermal technology has enormous potential to power the planet and Fervo wants to tap it (TechCrunch)

Jonathan Shieber

Tapping the geothermal energy stored beneath the Earth’s surface as a way to generate renewable power is one of the new visions for the future that’s captured the attention of environmentalists and oil and gas engineers alike.

Geothermal technology has enormous potential to power the planet and Fervo wants to tap it

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Rapchat tunes into $2.3M as its music-making app hits 7M users (TechCrunch)

Ingrid Lunden

YouTube, Snapchat, Twitter, TikTok and Facebook’s Instagram have upended the film and TV industries, with a new wave of cinematographers, directors and actors leveraging innovations in technology to create new work and connect directly with billions of consumers to see it.

Rapchat tunes into $2.3M as its music-making app hits 7M users

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Developer-focused video platform Mux achieves unicorn status with $105M funding (TechCrunch)

Anthony Ha

Barely more than eight months after announcing a $37 million funding roundMux has another $105 million.

Developer-focused video platform Mux achieves unicorn status with $105M funding

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As concerns rise over forest carbon offsets, Pachama’s verified offset marketplace gets $15 million (TechCrunch)

Jonathan Shieber

Restoring and preserving the world’s forests has long been considered one of the easiest, lowest cost, and simplest ways to reduce the amount of greenhouse gases in the atmosphere.

As concerns rise over forest carbon offsets, Pachama’s verified offset marketplace gets $15 million

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Europe/Apple – Europe charges Apple with antitrust breach, citing Spotify App Store complaint (TechCrunch)

Natasha Lomas

The European Commission has issued a formal ‘statement of objections’ against Apple, saying today that its preliminary view is Apple’s app store rules distort competition in the market for music streaming services by raising the costs of competing music streaming app developers.

Europe charges Apple with antitrust breach, citing Spotify App Store complaint

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Eclipse Ventures has $500 million more to digitize old-line industries and bring them up to speed (TechCrunch)

Connie Loizos

Two years ago, we talked with Lior Susan, the founder of now six-year-old Eclipse Ventures in Palo Alto, Ca. At the time, the outfit believed that the next big thing wasn’t another social network but instead the remaking of old-line industries through full tech stacks — including hardware, software and data — capable of bring them into the 21st century.

Eclipse Ventures has $500 million more to digitize old-line industries and bring them up to speed

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Wasabi scores $112M Series C on $700M valuation to take on cloud storage hyperscalers (TechCrunch)

Ron Miller

Taking on Amazon S3 in the cloud storage game would seem to be a fool-hearty proposition, but Wasabi has found a way to build storage cheaply and pass the savings onto customers. Today the Boston-based startup announced a $112 million Series C investment on a $700 million valuation.

Wasabi scores $112M Series C on $700M valuation to take on cloud storage hyperscalers

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Vectra AI picks up $130M at a $1.2B valuation for its network approach to threat detection and response (TechCrunch)

Ingrid Lunden

Cybersecurity nightmares like the SolarWinds hack highlight how malicious hackers continue to exploit vulnerabilities in software and apps to do their dirty work. Today a startup that’s built a platform to help organizations protect themselves from this by running threat detection and response at the network level is announcing a big round of funding to continue its growth.

Vectra AI picks up $130M at a $1.2B valuation for its network approach to threat detection and response

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Gr4vy launches Cloud payment orchestration, pulls in $11.1M Series A led by Nyca Partners (TechCrunch)

Mike Butcher

Gr4vy, (pronounced ‘gravy’) is a cloud-native payments company with a “payment orchestration platform (POP)” that merges a Cloud platform with payments infrastructure. It’s also announcing a Series A funding round of $11.1M, led by Nyca Partners (a VC with a bench of partners who are ex-Visa ), with participation from Activant Capital (a fintech investor), Global Founders Capital, and Firestartr bringing its total funding to $12.2M.

Gr4vy launches Cloud payment orchestration, pulls in $11.1M Series A led by Nyca Partners