Moxi, a hospital robot helping to combat nurse burnout
Moxi, a hospital robot, is helping to combat nurse burnouts at Mary Washington Hospital in Fredericksburg, Virginia. Moxi, which is about a 6-foot-tall, offers assistance to the nurses as it ferries supplies, medication, lab samples, and individual items via the halls from one floor to another. After two years of fighting Covid-19- related burnouts, nurses […]
Mercedes-Benz EQXX EV demo: The latest flex against Tesla
It seems that the Mercedes-Benz EQXX EV demo is set to flex muscle with Tesla, the Electric car giant. On Wednesday, Mercedes-Benz VISION EQXX brought on the International Auto Show in New York its Vision EQXX concept in a somewhat indirect and theoretical challenge to Tesla. The EQXX concept is newly returned from a European trip where […]
ClickUp launches virtual whiteboards tool to help hybrid teams to create fresh ideas for life.
The Covid-19 pandemic in some parts of the world has accelerated the hybrid work model as several firms permitted their staff to work from their homes. Before the Covid-19 pandemic started in February 2020, just 2% of the American workforce was working remotely. And by May 2020, the number jumped to about 70%. Working from […]
Tesla delivers unprecedented numbers of EVs in a ‘very’ difficult quarter
On Saturday, Tesla reported that it had delivered over 305,000 electric cars in the first quarter of 2022. This is a record-breaking feat in line with expert expectations as production has suffered because of supply chain drawbacks and COVID-19 influenced factory shutdowns. Confirming the news, CEO Elon Musk tweeted, “This was an exceptionally difficult quarter due to supply […]
The rise of biotech startups and recent trends in the industry
Biotech startups are steadily on the rise. And this comes as no surprise, as these startups are playing pivotal roles in society, providing modern-day solutions to modern-day problems. The United state has the largest number of tech startups in the world, with about five times more than the second position, India. Out of this astonishing […]
The emergence of AI in security and surveillance
Artificial Intelligence (AI) slowly permeates every sector of our modern society, pushing the boundaries of intelligence and securing paradigm-shifting discoveries, mostly due to the prevalent backdrop of self-learning capabilities that have emerged in recent climes. Over the decades, institutions and governments have invested heavily in security and surveillance infrastructures. However, with the advent of AI-driven […]
Amazon has started offering its cashierless checkout system to other retailers
Amazon has begun marketing its cashierless checkout technology directly to other retailers, offering a system that allows customers to simply walk out of stores, paying for their purchases automatically, according to The Verge. Amazon explains in its website FAQ: “We built Just Walk Out technology leveraging the same types of technologies used in self-driving cars: computer […]
Cloud-based banking services platform Thought Machine raises $83m in Series B funding
The London-based fintech startup Thought Machine has raised $83 million in a Series B funding round, for its cloud-based platform providing digital banking services for both challenger and legacy banks, according to TechCrunch. Both conventional, legacy banks and newer banking startups are offering a range of digital services to customers. Banking services that once required a […]
Revolut raises additional $500m in Series D funding round, boosting valuation to $5.5b
The global financial platform Revolut has raised an additional $500 million in a Series D funding round, bringing the total round to $836 million, according to TechCrunch. It also boosts Revolut’s total value up to $5.5 billion, making it one of the highest valued fintech startups in the world, with over 10 million customers. The platform […]
Speedinvest raises €190m to invest in European tech startups
The European venture capital firm Speedinvest has raised a new €190 million fund to invest in Europe’s early-stage startups, according to EU-startups.com. Speedinvest met its target for the fund ahead of schedule, thanks to robust investor demand, and the fund is now “oversubscribed,” the firm says. The firm typically funds promising new companies with anywhere between €50,000 to €1.5 […]