Month: August 2025

Coinbase CEO explains why he fired engineers who didn’t try AI immediately After getting licenses to cover every engineer, some at the cryptocurrency exchange warned Armstrong that adoption would be slow, predicting it would take months to get even half the engineers using AI.  Powered by WPeMatico https://techcrunch.com/2025/08/22/coinbase-ceo-explains-why-he-fired-engineers-who-didnt-try-ai-immediately/

Bluesky blocks service in Mississippi over age assurance law In a blog post published on Friday, the company explains that, as a small team, it doesn’t have the resources to make the substantial technical changes this type of law would require, and it raised concerns about the law’s broad scope

Apple gets ready for AI in the enterprise with new ChatGPT configuration options Apple will let businesses configure ChatGPT enterprise access in the fall. Powered by WPeMatico https://techcrunch.com/2025/08/22/apple-gets-ready-for-ai-in-the-enterprise-with-new-chatgpt-configuration-options/

US government plans to take a 10% stake in Intel Such federal government ownership of a major corporation would mark a dramatic departure from long-standing U.S. policy. Powered by WPeMatico https://techcrunch.com/2025/08/22/u-s-government-plans-to-take-a-10-stake-in-intel/

Brex aims to crack EU market with partnership-led approach Brex, the US spend management platform, will not pursue an all guns blazing approach to cracking the EU market, but will adopt a more measured, partnership-led approach, according to a Brex executive heavily involved in its international plans. Erica Dorfman, EVP

Stark raises $62M for weaponised drone systems, backed by Sequoia and Peter Thiel Stark, a German defence tech startup focused on weaponised drone systems, has raised $62 million in fresh funding, with Sequoia Capital leading the round. The investment reportedly values the company at $500 million, making it one of

Loft Dynamics raises $24M Series B to redefine pilot training with VR simulators Swiss VR Flight training company Loft Dynamics has raised a $24 million Series B funding round led by Friedkin with participation from Alaska Airlines and existing shareholders Sky Dayton and Craft Ventures, as well as UP.Partners.  The

Embargo raises $3.5M to scale CRM platform for hospitality SMEs London-based hospitality CRM app Embargo is targeting Europe-wide growth with its new raise of $3.5 million in funding. The injection of capital was provided from a group of prominent angel investors as it looks to scale its AI-driven CRM and

Inside Nemo: the six-week sprint that turned inclusive banking research into a working fintech prototype A new report lays bare the scale of financial exclusion facing people with learning disabilities. It found that more than a third require ongoing support to manage day-to-day spending, while nearly one in three do

Just Eat pilots physical AI-powered robots for food delivery in Zurich Just Eat Takeaway.com is piloting the use of autonomous ground robots for food delivery in Zurich, becoming the first on-demand delivery company in Europe to test wheeled-legged robotics powered by Physical AI. The pilot is in collaboration with Swiss