Tech Meme

Mike Butcher / TechCrunch: Orca AI, which offers an autonomous shipping navigation service based on a dataset of 80M+ nautical miles, raised a $72.5M Series B, after raising $23M in 2024  —  The autonomous navigation market — where ships, guided by AI, steer themselves, resulting in fuel and time savings — is projected to sail past $11 billion by 2028. Lees verder op Tech Meme

Katie Roof / Bloomberg: Wonder, which runs Grubhub and Blue Apron, raised $600M led by NEA, a source says at a $7B+ valuation, and CEO Marc Lore says it has $2B+ in revenue  —  Marc Lore’s food hall startup is raising $600 million from investors including NEA, Accel and GV.  —  Wonder, the food hall company … Lees verder op Tech Meme

Chris Eudaily / CNBC: DoorDash reports Q1 revenue up 21% YoY to $3.03B, below $3.09B est., total orders up 18% YoY to 732M, and a $193M net income, up from a $23M loss in Q1 2024  —  – CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel  — Supply Chain Values  — Select Shopping  — Ad Choices Lees verder op Tech Meme

Financial Times: Analysis: 24 crypto wallets earned ~$99.6M by buying the $MELANIA memecoin in the two and a half minutes before Melania Trump unveiled the coin on January 19  —  Small group of digital wallets bought up coins in the minutes before it was announced, FT analysis shows  —  Unlock the White House Watch newsletter for free Lees verder op Tech Meme

Wall Street Journal: US v. Google: the DOJ says in a May 5 filing that Google should sell its AdX business and DFP ad platform; Google says divestiture isn’t warranted or feasible  —  A federal judge ruled last month that the tech giant had created a monopoly in advertising  —  Google should sell … Lees verder op Tech Meme

Rachel Metz / Bloomberg: Elon Musk’s attorney says OpenAI’s nonprofit reversal is “a transparent dodge that fails to address the core issues” and “the founding mission remains betrayed”  —  Elon Musk’s attorney said OpenAI’s decision to partly walk back its plan to restructure as a for-profit business … Lees verder op Tech Meme

Financial Times: European drone startups Quantum Systems raised €160M, sources say at a €1B+ valuation, and Tekever hit a £1B+ valuation, as VCs pour money into European defense  —  Quantum Systems and Tekever each valued at more than €1bn in latest fundraisings, as new investors flock to ‘dual use’ tech companies Lees verder op Tech Meme

Natalie Lung / Bloomberg: DoorDash plans to acquire New York-based hospitality tech company SevenRooms for $1.2B in cash, set to close in H2 2025; SevenRooms works with 13,000+ clients  —  DoorDash Inc. is buying hospitality tech company SevenRooms Inc. for $1.2 billion, hours after confirming its plans … Lees verder op Tech Meme

Martha Muir / Financial Times: US data center operators say President Trump’s attack on renewable energy could hurt the US in the AI race; data centers are set to add 83.7GW of demand by 2030  —  Industry needs renewables to meet surging power demand from artificial intelligence  —  The US data centre industry has warned … Lees verder op Tech Meme

Ramsey Al-Rikabi / Bloomberg: The US Treasury Department sanctions the Myanmar-linked Karen National Army over helping organized crime groups operate multibillion-dollar “scam compounds”  —  The US sanctioned a militia in Myanmar linked to the ruling junta for supporting and profiting from cyber scams … Lees verder op Tech Meme