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Daily Crunch: Ledger locks down another $108M to double down on hardware crypto wallets

TechCrunch

After 15 years of bootstrapping, the energy renovation company is at a crossroads and just closed a $22 million funding round from Felix Capital to make the most of the opportunities in the energy renovation space. Anna takes a look at Sweden’s startup scene as Techstars drops its Stockholm program. You can sign up here.

Hardware 249
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Rackspace’s CTO takes a broad view of sustainability

CIO

Srini Koushik has been passionate about the environment for 35 years and now, as a board member of the nonprofit SustainableIT.org and CTO of cloud services provider Rackspace Technology, he wants to help enterprises achieve sustainability in the cloud. By choosing them, enterprises are almost adopting net zero by proxy,” Koushik says.

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IT leader’s survival guide: 8 tips to thrive in the years ahead

CIO

As an example, he points to a partnership TIAA has undertaken with New York University, in which employees can upskill through cyber programs that help them gain specialized knowledge and new skills. Technology staff, he argues, need to be empowered to advance and refine their skills to succeed with emerging technology.

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When will AI usher in a new era of manufacturing?

CIO

AI helps manufacture semiconductors Not only do chip manufacturers develop some of the technology that underpins AI, but they also apply the same technology to their own manufacturing processes. “We AMD is fabless, meaning the company manufactures devices through partners. Then they package the components to create the final product.

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AI chip startup Mythic rises from the ashes with $13M, new CEO

TechCrunch

While the tranche is a fraction of the startup’s previous raise ($70 million), Mythic claims that the tranche will enable it to bring its “next-generation” product — an improved energy-efficient AI processor — to market. Mythic initially worked on projects for the U.S.

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H3X rethinks the electric motor to power the next phase of mobility

TechCrunch

The small founding team — CEO Jason Sylvestre, CTO Max Liben, and COO Eric Maciolek — met in college while participating in an electric vehicle building and racing program. So either you can fit more energy in the same mass or use what energy you have more efficiently. Of course, it doesn’t have to be like that.

Mobile 273
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Full Steam Ahead: CIO Kopal Raj of WABTEC on staying ‘on-track’ with AI, IoT and sustainability goals

CIO

I’ve always been a techie at heart and always wanted to pursue computer programming. WABTEC products and locomotives have numerous embedded digital pieces – both hardware and software, which allow us to track performance, and assess their reliability and warranty for the customers. Kopal, tell us about your journey.