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Reddit announced Friday that it’s acquiring MeaningCloud, a natural language processing company, for an undisclosed amount. The MeaningCloud team has joined Reddit and will support machine learning projects across its product, safety and ads teams. The acquisition marks Reddit’s first office …

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Modular closes $30 million seed round to simplify the process of developing AI systems

Modular, a startup creating a platform for AI system development, has raised $30 million in a seed funding round led by GV (formerly Google Ventures).

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BMW taps Valeo for driving assistance systems in its next-gen EVs

BMW Group has tapped Valeo to provide the advanced driver assistance system for the automaker’s new electric vehicle platform due to launch in 2025. The deal, a significant win for Valeo, also holds importance for BMW. The automaker is aiming to capture a 50% market share of global EV sales b…

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Databricks launches Project Lightspeed, its next-gen Spark streaming engine

At its Data + AI Summit, Databricks today made the requisite number of announcements one would expect from a company’s flagship developer events. Among those are the launch of Delta Lake 2.0, the next version of its platform for building data lakehouses, MLflow 2.0, the next generation of its…

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Heyday lands $6M to build a knowledge base from the services you already use

Heyday, an app that plugs into existing services to surface relevant content alongside new web searches, has raised $6 million in a venture seed round.

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Opaque Systems secures cash to keep data private while enabling collaboration

Opaque Systems, a startup developing a confidential computing platform that enables analytics and AI workloads on encrypted data sets, has raised $22 million.

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Flagright offers transaction monitoring with usage-based pricing

Flagright, a startup baked by Y Combinator, among others, has raised several million to fuel the expansion of its fraud monitoring technology.

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Perceptron: Analyzing images in the blink of an eye and tracking the lifecycle of snow

In this week's Perceptron, TechCrunch's semiregular AI research column, we look at efforts to track the lifecycle of snow and develop speedy image processing chips.

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AI Squared raises $6M to help companies integrate AI into existing applications

AI Squared integrates AI it into existing applications in a timely and straightforward manner.

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Without a clear ask, your pitch deck is useless

Having a great "ask" slide can reassure investors: It shows a founder wants to raise an amount of money that unlocks the next stage of growth and knows what milestones they need to hit to get there.

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Equity crowdfunding appears immune to market volatility, on track for its best year yet

With the fundraising climate now showing cloudy skies, equity crowdfunding is getting ready for a field day.

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