DigitalOcean, the esteemed cloud hosting pioneer, has recently taken an exhilarating step by confirming its acquisition of Paperspace, a trailblazing New York-based cloud computing and AI startup, for an impressive $111m. This acquisition not only marks a significant progression in the world of cloud computing but also showcases the continued success of startups nurtured through YCombinator, with Paperspace being a distinguished member of the YCW15 batch. Backed in its early […]
Deepgram, the Enterprise Voice Recognition company that enables its API users to transcribe, intelligently and accurately, any text sent its way in dozens of languages. Deepgram has recently completed its Series B round at a massive $72m.
Currently there are almost 5,000 satellites orbiting the Earth. Over half of those are in low earth orbit (LEO). The number of satellites launched has seen a sharp upturn in recent years. Some of the primary concerns for those looking to have their satellites launch into LEO are cost and lead time. On average, it cost $62m USD to launch a satellite with a lead time up to 9 months. […]
Today, approximately 30%, or almost one third, of the world’s data volume is being generated by the healthcare industry. By 2025, the compound annual growth rate of data for healthcare will reach 36%. That’s 6% faster than manufacturing, 10% faster than financial services, and 11% faster than media & entertainment. At the same time, IT investment in healthcare is among the lowest of all industries. As a result, healthcare IT […]
Albedo, the ambitious YC W21 graduate who is building the next evolution of earth observation with their aerial quality space imagery has raised a $48M Series A round to allow them to further their goal of delivering unprecedented satellite imagery. Albedo’s “…mission is to be the catalyst in unlocking satellite imagery’s latent potential, with the goal of expanding current applications and propelling the discovery of new use cases. Whether our […]