28M

Qdrant, the company behind the eponymous open source vector database, has raised $28 million in a Series A round of funding led by Spark Capital. Founded in 2021, Berlin-based Qdrant is seeking to capitalize on the burgeoning AI revolution, targeting developers with an open source vector search engine and database — an integral part of generative AI, which requires relationships be drawn between unstructured data (e.g. text, images or audio that isn’t labelled or otherwise organized), even when that data is “dynamic”…

Global livestock contributes 14.5% of all manmade greenhouse gas emissions. Our food systems need a significant revamp, not to say a revolution, if we are to have any chance of feeding a growing population while also making sure there is still a planet that is worth populating at all.  Some of that revamping is happening in the lab, with cell biology taking centre stage. With global meat consumption showing no sign of slowing down (in fact, quite the opposite), cellular agriculture could be…

No doubt, the cryptocurrency market has been on an upward swing in the last few days, with the leading tokens, Bitcoin and Ethereum at the forefront of the recovery process. Both coins have led the cryptocurrency rally of the week and have been rewarded with gains as the market recovered from its previous sloppy run. Away from the top of the cryptocurrency ranking, there is a new coin making waves, turning heads, and catching all the headlines lately: Big Eyes Coin ($BIG). In this article, we review all the moves of…

Unicorn Flexport is revolutionizing the world of logistics, serving as a freight forwarder with software that enables customers to manage their shipments. But there are still thousands of smaller freight forwarders, many running on outdated ERP software or spreadsheets. A startup called GoFreight wants to help them compete by providing the “Shopify of freight forwarding,” with backend software that makes their operations run more smoothly, and a frontend that lets them set up a storefront and provide quotes in a few…

A new Verzuz battle is brewing. Timbaland and Swizz Beatz on Tuesday evening sued Triller for breach of contract, alleging they’re owed more than $28 million from the aspiring TikTok rival. Timbaland and Swizz Beatz launched the series on Instagram just after the COVID-19 pandemic hit the U.S. in March 2020. It began as a remote competition and, as restrictions lifted, pivoted to in-person live events streamed in real time on the social platform as well as Apple Music. Over the course of the series,…

Devin Coldewey / TechCrunch: LatchBio, which develops a web-based service for biologists to integrate, process, and visualize data, raises a $28M Series A co-led by Coatue and Lux Capital — Biologists and other scientists are confronted these days with a deep sea of data and a bewildering panoply of tools to apply to it … Devin Coldewey / TechCrunch: LatchBio, which develops a web-based service for biologists to integrate, process, and visualize data, raises a $28M Series A co-led by…

Jordan Novet / CNBC: Salesforce reports Q1 revenue of $7.41B, up 24% YoY, vs $7.38B est., net income down 94% YoY to $28M, and operating cash flow up 14% YoY to $3.68B; stock up 6%+ — - Salesforce earnings beat expectations on the top and bottom lines. — Management raised its earnings forecast … Jordan Novet / CNBC: Salesforce reports Q1 revenue of $7.41B, up 24% YoY, vs $7.38B est., net income down 94% YoY to $28M, and operating cash flow up 14% YoY to $3.68B; stock up…