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Topi raises $45M to power hardware subscriptions for B2B merchants

TechCrunch

A new company is looking to do for B2B hardware sales what a growing number of companies have been doing in the consumer sphere, by making it easier for businesses to pay for equipment in instalments through rentals and subscriptions. Hardware-as-a-service. million in funding to do something similar for B2B transactions.

Hardware 207
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Spatial Labs, a web3 infrastructure and hardware company, closes $10M seed round

TechCrunch

Spatial Labs , a web3 infrastructure and hardware company, announced today the closing of a $10 million seed round led by Blockchain Capital with participation from Marcy Venture Partners, the firm co-founded by Jay-Z. Next year, he hopes to launch a personal fund to support people of color and will focus on tech and hardware innovation.

Hardware 290
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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

GPU manufacturer Nvidia is expanding its enterprise software offering with three new AI workflows for retailers it hopes will also drive sales of its hardware accelerators. The workflows are built on Nvidia’s existing AI technology platform. But Nvidia suggests that its loss prevention technology could eliminate 30% of shrinkage.

Retail 189
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Daily Crunch: Apple’s M1 chips have an ‘unpatchable’ hardware vulnerability, say MIT researchers

TechCrunch

Pacman on the attack : Carly writes that MIT researchers, while applying a “Pacman attack” test on Apple’s M1 chips, undiscovered a doozy in the way of an “unpatchable” hardware vulnerability that could allow attackers to break through its last line of security defenses. The TechCrunch Top 3. In its response, Apple didn’t seem too worried.

Hardware 248
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SnappRetail helps Pakistan’s kiryanas compete against supermarkets

TechCrunch

The number of global retailers, department stores and supermarkets operating in Pakistan is increasing, which spells convenience for consumers, but trouble for kiryanas, or small general stores. The team’s first startup was a retail recruitment consultancy called Resource Linked which helped 100,000 retailers hire employees.

Retail 248
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The impact of AI on edge computing

CIO

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 Retail stores and smart homes can use AI at the edge technology to personalize user experiences. over 2023 2. Personalization.

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Indian electronics and lifestyle brand Boat raises $100 million from Warburg Pincus

TechCrunch

Boat, an electronics and lifestyle startup in India, has raised $100 million in a new financing round that many independent investors termed as the most successful hardware startup story in the world’s second-largest internet market. There aren’t many hardware startups in India.

Hardware 303