Wednesday, March 27, 2024

Rabbit partners with ElevenLabs to power voice commands on its device

Hardware maker Rabbit has tapped a partnership with ElevenLabs to power voice commands on its devices. Rabbit is set to ship the first set of r1 devices next month after getting a ton of attention at the Consumer Electronics Show (CES) at the start of the year. The Rabbit r1 will ship with ElevenLabs’ tech, […]

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African B2B e-commerce giant Wasoko marked down to $260M after VC halves stake

VNV Global, a Swedish investment firm that backs startups in mobility, health and marketplaces, slashed the value of its holding in Wasoko, an African B2B e-commerce startup, by 48%, according to its annual report for 2023.  In its annual report, VNV set Wasoko’s fair value at around $260 million as of December 2023, the month that […]

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Marissa Mayer’s startup just rolled out apps for group photo sharing and event planning, and the internet isn’t sure what to think

When Marissa Mayer co-founded a startup six years ago in Palo Alto, Ca., expectations were sky high for the former Yahoo CEO and early Google employee. When that startup, Sunshine, revealed that its first app centered around subscription software for contact management, people wondered if something more ambitious might be around the corner. Today, after […]

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EU publishes election security guidance for social media giants and others in scope of DSA

The European Union published draft election security guidelines Tuesday aimed at the around two dozen (larger) platforms with more than 45 million+ regional monthly active users who are regulated under the Digital Services Act (DSA) and — consequently — have a legal duty to mitigate systemic risks such as political deepfakes while safeguarding fundamental rights […]


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Tuesday, March 26, 2024

PayPal backs Indonesian insurance startup Qoala in $47M funding

PayPal Ventures’ latest investment is in an Indonesian startup that provides personal insurance products covering a variety of risks, including accidents, phone screen damage, and ticket cancellations. Qoala has secured $47 million in a new round co-led by PayPal Ventures and MassMutual Ventures, the five-year-old startup said Wednesday. MUFG Innovation Partners, Omidyar Network as well […]

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Robinhood’s new credit card goes after Apple Card with ability to invest cash-back perks

Eight months after acquiring credit card startup X1 for $95 million, Robinhood announced today the launch of its new Gold Card, with a list of features that could even give Apple Card users envy. Robinhood, better known for its brokerage app aimed at the everyday investor, is touting all sorts of benefits with its new […]

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Elon Musk says all premium subscribers on X will gain access to AI chatbot Grok this week

Following Elon Musk’s xAI’s move to open source its Grok large language model earlier in March, the X owner on Tuesday said that the company formerly known as Twitter will soon offer the Grok chatbot to more paying subscribers. In a post on X, Musk announced Grok will become available to Premium subscribers this week, […]

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YC-backed SigmaOS browser turns to AI-powered features for monetization

Web browsers have realized they are one of the best ways for users to access the present set of AI tools, so they are working on being the first-choice containers for that. SigmaOS, a Y Combinator-backed company, is now banking on users’ desire to utilize AI tools and pay for them as the company is […]

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Confetti, a team-building platform used by Apple, Google, and Microsoft, raises $16M

Not many startups can claim Apple, Google, Microsoft, Amazon, and Meta as paying customers, but Confetti can. And the list doesn’t stop at a quintet with a collective market value of $10 trillion — the New York-based company says it works with Zoom, Netflix, Stripe, TikTok, Shopify, Adobe, LinkedIn, HubSpot, and 30% of the Fortune […]

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Fireworks.ai open source API puts generative AI in reach of any developer

Just about everyone is trying to get a piece of the generative AI action these days. While the majority of the focus remains on the model vendors like OpenAI, Anthropic and Cohere, or the bigger companies like Microsoft, Meta, Google and Amazon, there are in fact, a lot of startups trying to attack the generative […]

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AI is a data problem. Now Cyera is raising up to $300M on a $1.5B valuation, to secure it

A cybersecurity startup called Cyera is betting that the next big challenge in enterprise data protection will be AI, and it’s raising a big round of funding as demand picks up for it. The company — which builds AI-enhanced tools to create accurate pictures of where and how data is being used in organizations’ networks […]

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How Ember is building an all-electric intercity bus network in the UK

A Scottish company building one of the U.K.’s first all-electric intercity bus networks has raised $14 million (£11 million) in a Series A round of funding as it looks to expand across the entire country. Building any bus network from scratch — electric or otherwise — isn’t something anyone can conjure up overnight with a […]

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AI and data infrastructure drives demand for open source startups

A new report highlights the demand for startups building open source tools and technologies for the snowballing AI revolution, with the adjacent data infrastructure vertical also heating up. Runa Capital, the venture capital (VC) firm that upped sticks from Silicon Valley and moved its HQ to Luxembourg in 2022, has published the Runa Open Source Startup […]

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