Peak XV Partners, the largest India-focused venture fund, has realized about $1.2 billion in exits since it separated from Sequoia last year.
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WordPress drama went up another notch today after WordPress.org, the free-open source web content hosting software, banned web hosting provider WP Engine from accessing their resources. In a post on WordPress.org, WordPress co-founder Matt Mullenweg wrote that, pending their legal claims, WP Engine doesn’t have access to the platform’s resources, such as themes and plug-ins. […]
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Marvel Fusion is one of several companies pursuing what’s known as inertial confinement fusion.
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OpenAI’s chief research officer, Bob McGrew, and a research VP, Barret Zoph, have left the company hours after OpenAI CTO Mira Murati announced she would be departing. CEO Sam Altman revealed the two latest resignations in a post on X Wednesday evening, along with leadership transition plans. “Mira, Bob, and Barret made these decisions independently […]
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Japan has always been a strong market for bringing technology into the experience of consuming food, and now one of the startups leading on this idea is attracting investors from across the ocean. Dinii, which lets diners order food from restaurants and shops through a mobile platform, has raised $48 million (7.46 billion JPY). Bessemer […]
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When seed-focused Pear VC raised a $432 million fund last year, the firm co-founder Pejman Nozad said that it meant his firm had reached its “own product-market-fit.” That fourth fund was nearly three times larger than its previous $160 million fund. The eleven-year-old firm wants to help emerging venture funds follow in Pear’s footsteps. On […]
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Unsurprisingly, AI companies dominated the day, with startups looking to apply the technology to problems like estate planning and automating clinical trial data.
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Back in 2019, Microsoft launched Dapr, a new open-source project that made building event-driven distributed applications easier for developers. Like so many popular open-source projects, Dapr spawned its own ecosystem, especially after Microsoft donated it to the Linux Foundation. And as is also so often the case, some of the creators of Dapr — and […]
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Amazon CEO Andy Jassy announced to employees last week that they will be expected to work from the office five days a week, starting in 2025. Employees who have grown accustomed to a hybrid work structure are “strongly dissatisfied,” according to an anonymous survey created by Amazon employees. As Fortune reports, hundreds of employees responded […]
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Two of the industry’s most famous sisters, Erin and Sara Foster, sit down alongside business partner Phil Schwarz at TechCrunch Disrupt 2024 to talk about consumer investing, culture curation, and what it means to be a creator in the modern age. Moderated on the Disrupt main stage, the conversation will surround the creator economy, consumer […]
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Reddit is bringing machine learning-powered translations to more than 35 new languages, including Brazilian Portuguese and Spanish.
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The brouhaha in the WordPress community looks likely to escalate into a legal battle around trademarks.
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One of the most fundamental breakthroughs at Nvidia has been building processors that power and integrate with highly detailed, compute-intensive graphical simulations, which can be used in a wide range of applications, from games and industrial developments through to AI training. Now two of the engineers who helped build those physical simulations for Nvidia and […]
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Bharti Airtel, India’s second-largest telecom operator, said on Wednesday it’s rolling out an AI-powered spam detection solution to all its customers as it vowed to curb the rising spam calls and messages in the world’s most populous nation. The company, which counts Google among its backers, announced the launch of what it claims is India’s […]
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According to the FT, the FBI is now poking around nine-year-old Hone Capital, a Palo Alto, Ca.-based venture firm funded by a Chinese private equity firm, to determine whether some of its capital came from the Chinese government — and if it shared sensitive startup data with Beijing. Originally launched with $115 million from China’s […]
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