Go Digit, an Indian insurance startup, raised $141 million in funding from dozens of investors, including Fidelity, Goldman Sachs, and Abu Dhabi Investment Authority, as part of its initial public offering. The startup, founded by Kamesh Goyal, will start its IPO on Wednesday.

Source: https://techcrunch.com/

PeakBridge, a global fund manager, has launched a $187 million fund to invest in sustainable food innovations. The PeakBridge Growth Fund II aims to support companies working on sustainable food solutions, bringing the firm's total assets under management to over $250 million.

Source: https://techcrunch.com/

Accion, a global nonprofit, launched a $152.5 million fund to support large financial institutions in digital transformation. The fund will provide growth capital and strategic support to companies serving small businesses excluded from the financial system.

Source: https://techcrunch.com/

Meta's social network Threads has launched its own fact-checking program, allowing fact-checkers to rate and mark false content. The program was rolled out recently, but exact timing and geographic limitations are unclear. Instagram head Adam Mosseri confirmed the move, but did not provide further details.

Source: https://techcrunch.com/

Looking Glass launches new 3D display technology without the need for special glasses. The new displays include a 16-inch model priced at $4,000 and a 32-inch model with an undisclosed price. The displays are available in landscape and portrait orientations, offering flexibility for diverse content formats and applications.

Source: https://techcrunch.com/

Intuitive Machines will provide technology to NASA's Mars Sample Return mission, leveraging its lunar material return architecture. CEO Steve Altemus announced the collaboration, aiming to reshape the mission's architecture. The company will draw from its experience in lunar material return technology.

Source: https://techcrunch.com/

Google has introduced a new 'Web' filter for its search results, allowing users to filter for text-based links. The filter appears at the top of the results page, enabling users to filter for text links like they can for images, video, news, or shopping. The update was announced at Google's developer conference, Google I/O.

Source: https://techcrunch.com/

Ilya Sutskever, OpenAI's co-founder and chief scientist, has left the company. CEO Sam Altman announced the departure, praising Sutskever as 'one of the greatest minds of our generation'. Sutskever will reportedly work on a personal project, leaving behind a legacy at OpenAI.

Source: https://techcrunch.com/

Blue Origin's New Shepard rocket will launch a six-person crew to suborbital space on May 19 from West Texas. The crew includes Ed Dwight, the first Black astronaut candidate, and investor Mason Angel. The launch window opens at 8:30 AM.

Source: https://techcrunch.com/

Google announced that mobile app developers, including Patreon and Grammarly, are integrating with Gemini Nano, its smallest AI model. The companies were part of an early access program and will be followed by more developers in the coming months.

Source: https://techcrunch.com/