We know that large data centers running powerful servers use vast amounts of electricity. Anything that can reduce consumption would be a welcome change, especially in a time of climate upheaval. That’s where the new IBM Power E1080 server, which is powered by the latest Power10 processors, comes into play. IBM claims it can consolidate […]
Indonesia-focused Intudo Ventures closes $115M third fund
Intudo Ventures, the “Indonesia-only” investment firm, announced today it has closed its third fund, totaling $115 million. Called Intudo Ventures Fund III, it was raised in less than three months and oversubscribed. Fund III’s limited partners include Black Kite Investments, the family office of Singaporean businessman Koh Bon Hwee; Wasson Enterprises, the family office of […]
E-commerce aggregator Rainforest raises $20M just months after its last funding
Four months after its last funding announcement, Singapore-based e-commerce aggregator Rainforest has closed a $20 million pre-Series A round led by Monk’s Hill Ventures. Other participants included January Capital, Crossbeam Venture Partners, Amasia and Lo & Behold Group, along with returning investors Nordstar and Insignia Venture Partners. Rainforest announced in May that it had raised […]
UK’s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance
Marshmallow — a U.K.-based car insurance provider that has made a name for itself in the market by providing a new approach to car insurance aimed at using a wider set of data points and clever algorithms to net a more diverse set of customers and provide more competitive rates — is announcing a milestone […]
Daily Crunch: Hyundai to provide hydrogen fuel cell versions of all commercial vehicles by 2028
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Meet retail’s new sustainability strategy: Personalization
Reducing waste is key to meeting environmental milestones, and some retail firms have narrowed in on a unique approach to minimize what their customers throw away: personalization.
Twitter is testing big ol’ full-width photos and videos
Twitter is exploring ways to build a more visually immersive experience with its latest test, which brings edge-to-edge tweets to the app on iOS. Full-width images and videos track for the direction the company has shown some interest in going lately. Twitter introduced bigger images with improved cropping controls for its pair of mobile apps […]
AI as a service to solve your business problems? Guess again
The process to train algorithms to detect wear and tear would be different for factories that produce different products; after all, a shoe is not a smartphone is not a bicycle.
5 factors that can make or break a startup’s growth journey
Not all startup growth is equal, and there are a few key aspects that make the difference between a startup reaching its full potential or falling short.
Extra Crunch roundup: Options pool rules, voice tech hurdles, keeping employees engaged
Don’t wait to be blindsided: Put an action plan in place to assess employee engagement. Remember, seven out of the next 10 people you see on a video call might be polishing their resumes.