Not every app or service wants to monetize your personal data. Here are some of our favorite alternatives to popular apps.
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Friday, November 29, 2024
As Cohere and Writer mine the ‘Live AI’ arena, Pathway joins the pack with a $10M round
As large enterprises grapple with how to incorporate AI into their platforms and processes, they have encountered a problem: Generative AI needs to have memory and its training data must be constantly updated for it to have any practical use. This area is now called ‘Live AI’ and a number of startups are working in […]
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Thursday, November 28, 2024
Reddit looks to UK, India, Brazil and the Philippines to spur international growth
Reddit is concentrating on international markets such as the U.K., India, Brazil, and the Philippines to bolster its user base.
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Zomato raises $1 billion in first major fundraise since 2021 listing
Zomato has raised $1 billion through a so-called qualified institutional placement, completing its first major fundraise since its 2021 IPO. The food delivery and quick-commerce giant issued approximately 336.5 million shares at ₹252.62 each ($3), according to a stock exchange filing on Friday. The placement, which opened on November 25 and closed on November 28, […]
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Early Thanksgiving online sales numbers are up 7% YoY to $15.6B, on par with pre-pandemic trends
Thanksgiving weekend has long been seen as the traditional start to the most important sales period for retailers, and so far, the indication is that we’re in for a strong holiday season for e-commerce. Salesforce is tracking activity in real time and has just put out its first figures for the day. It says that […]
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Akhetonics gets fresh funding for a contrarian bet on all-optical chips
Photonics — a field that underpins light-based systems for manipulating data — has a bright future, as the rise of AI demands better computing performance, but it has yet to be fully applied to a new generation of chips. German startup Akhetonics hopes to change that. It’s raised a €6 million seed funding round (approximately […]
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French court blocks popular porn site… subdomain
When the Paris Court of Appeal recently blocked four porn sites in France for not having a proper age verification system, the two online child protection nonprofits that had pushed for the blocks probably thought they’d scored a big victory. But, in one case, it turned out to be a bit of a self-own. As […]
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Linkup connects LLMs with premium content sources (legally)
If you’ve used ChatGPT Search or Perplexity you know that being able to search the web and get citations inline greatly improves these AI chatbots. Results are better when they involve timely information, and web search may reduce so-called hallucinations (i.e. when a generative AI outputs incorrect information). That’s why French startup Linkup is building […]
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AI agent startup /dev/agents has raised a massive $56M seed round at a $500M valuation
/dev/agents, a new company by the developers of Android, believes a new operating system is needed to fully realize the potential of AI agents.
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Australia approves law banning social media for under 16s
In a step likely to be tracked around the world, Australia has approved legislation that will ban the use of social media for children under 16. The bill was only introduced about a week ago but had backing from the main conservative opposition party as well as the centre-left government over concerns the tech services […]
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Financial inclusion drives African fintech M-KOPA to $400M in ARR
An African fintech that has grown on the strength of a 30,000-strong team of direct salespeople is moving into profit country by sub-Saharan country. Now, M-KOPA, the pay-as-you-go asset financing platform serving 5 million underbanked Africans, is racing toward a major milestone: surpassing an annual revenue rate of $400 million by year-end. The London-headquartered fintech […]
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Wednesday, November 27, 2024
Google Chat now has its own take on Slack’s Huddles
Google Chat is rolling out instant voice meetings — similar to Slack’s Huddles — that let you quickly switch to a voice or video call from within a chat. Google is not giving the feature a new name, though, opting to call the feature “Huddles” as well. If you are in a Google Chat, you […]
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HongShan, spun out of Sequoia last year, is reportedly struggling to invest its huge war chest
According to the Financial Times, HongShan, the Chinese investment firm spun off from Sequoia Capital in 2023, is aggressively expanding into Europe and North Asia owing both to “shrinking options” in China and to limited partners that have grown frustrated with how slowly HongShan is deploying the $9 billion in capital commitments it secured two […]
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India, already an IPO bright spot, prepares for bigger surge in 2025
India has bucked the global trend in initial public offerings this year, establishing itself as a rare bright spot for tech listings while other major markets face continued headwinds. The world’s most populous nation is now preparing for an even more substantial wave of startup IPOs in 2025. More than 20 startups are preparing to […]
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FTC reportedly opens antitrust investigation into Microsoft
The FTC has launched an antitrust investigation into Microsoft, according to multiple reports that corroborate earlier reporting by the Financial Times. The agency is said to be looking into whether Microsoft violated antitrust law in multiple segments of its business, including its public cloud, AI, and cybersecurity product lines. Of particular interest to the FTC […]
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