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Computer vision technology startup Brodmann17 has shut down

TechCrunch

Brodmann17, an Israeli computer vision technology startup that developed a novel approach to take on a marketplace dominated by Mobileye, shut down this week. The trio focused their efforts on developing a new approach to computer vision technology designed to support advanced driver assistance systems.

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Generative AI usage gains traction among enterprises: McKinsey

CIO

The usage of generative AI across enterprises is already widespread, although it is still early days for the new technology, according to a report from McKinsey’s AI consulting service, Quantum Black. This usage was highest in the technology sector, and among respondents from North America, the report showed.

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Emerging Loyalty Trends in Automotive to Watch Closely: Detroit Event Highlights

Perficient

Last year, Perficient hosted an automotive event in Detroit that was so successful we had to return. As a result, loyalty is managed across departments like technology, finance, and sales, all tightly aligned with marketing. Customer data collected from loyalty programs is only powerful with the right technology.

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Predicting the next wave of Southeast Asia tech giants

TechCrunch

With Grab’s announcement of its imminent Nasdaq listing and GoJek merging with Tokopedia to form tech giant GoTo , casual international observers could be forgiven for believing that Southeast Asia’s tech universe only comprises similar companies. Unsurprisingly, tech startup growth is booming as well.

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Fast-charge EV battery maker StoreDot pulls in $80M led led by Vietnam’s VinFast

TechCrunch

StoreDot , the Israeli next-generation battery technology startup touting an “extreme fast charging” (XFC) battery for electric vehicles, has secured the first close of its latest funding round led by Vietnamese electric vehicle manufacturer VinFast. The Series D round is due to close at up to $80 million.

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Daily Crunch: Japanese marketing tech firm Geniee acquires Zelto for $70M

TechCrunch

Startups and VC While most established automotive players call the shots from sprawling, corporate palaces, Scout bases much of its operations — at least for now — out of a WeWork near Washington, D.C., wants to help recruiters find technical talent by inferring skills from GitHub code, Paul reports. Big Tech Inc. Zack has more.

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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

We are far from clear in knowing which technology will be the best,” she said. “So Startup accelerators’ definition of ‘value add’ is due for a refresh. One of the most notable trends in tech that has emerged during the pandemic is the steady commoditization of capital. Here’s how startups can prevent tech debt from piling up.