EV startup Rimac scores $90M investment from Hyundai and Kia

Rimac Automobili, the European EV startup that landed an investment from Porsche last year, has again gained the backing of traditional automakers after Hyundai Motor Company and Kia Motors jointly invested €80 million, or around $90 million. Beyond the significant cash infusion, the three parties said the deal includes “a strategic partnership to collaborate on […]

Audioburst raises $10M to build AI-powered infotainment systems for cars, ad solutions

Audioburst, a startup that uses AI technology to extract the best bits from podcasts and talk radio to create new listening experiences, has raised an additional $10 million in strategic funding from Dentsu and Hyundai Motor Company. The new round is focused on helping Audioburst further expand into advertising and in vehicles. It also precedes […]

Audioburst turns the best part of podcasts into personalized news briefs

Tel Aviv-based Audioburst has been developing a search engine for audio news, which allows users to locate audio content within podcasts and other talk radio programs. Today, the company is capitalizing on its technology to launch personalized playlists that deliver custom news briefs that get better over time the more you use the product. The […]