Korea’s biggest manufacturers back Config, the TSMC of robot data
Korean manufacturing giants Samsung, Hyundai, and LG have invested in Config, a startup aiming to become the central data platform for the robotics industry.
Read on TechCrunch →Fi Money cofounder Sumit Gwalani has exited the startup. This follows the shutdown of Fi Money's banking service in March. The company is shifting focus to AI and enterprise technology. Other cofounder Sujith Narayanan had previously announced business restructuring. This move impacts consumer-facing products and roles. The neobanking sector faces challenges with partnerships.
Why it matters
Key development in AI from Economic Times Tech. Fi Money cofounder Sumit Gwalani has exited the startup
Neobank Fi Money’s cofounder Sumit Gwalani steps down after six years . Fi Money cofounder Sumit Gwalani has exited the startup
Korean manufacturing giants Samsung, Hyundai, and LG have invested in Config, a startup aiming to become the central data platform for the robotics industry.
Read on TechCrunch →An experimental cafe in Stockholm is using an AI agent named Mona to manage operations, but the AI is facing financial difficulties and making poor inventory decisions.
Read on Economic Times Tech →Cerebras Systems is planning to increase its IPO price range to $150-$160 per share due to surging demand for its AI chips, indicating strong market interest in specialized AI hardware.
Read on Economic Times Tech →