MobiKwik, an Indian financial services startup, has cut its planned IPO size for the third time, setting a price band of 265-279 Indian rupees ($3.1-3.3) that values it at $250 million — down sharply from its $924 million private valuation in 2021. The Gurugram-based fintech, backed by Peak XV and ADIA, is seeking to raise […]
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GitLab, the popular developer and security platform, has named a new CEO, Bill Staples, effective immediately. Staples, who’s also been appointed to the company’s board of directors, succeeds CEO Sid Sijbrandij, who’s battling a rare form of cancer. Sijbrandij will transition to executive chair of the board. “I believe [Bill’s] passion for software, commitment to […]
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OpenAI finally released the full version of o1, which gives smarter answers than GPT-4o by using additional compute to “think” about questions. However, AI safety testers found that o1’s reasoning abilities also make it try to deceive humans at a higher rate than GPT-4o — or, for that matter, leading AI models from Meta, Anthropic, […]
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Incoming President Donald Trump has a new crypto and AI “czar”: ex-PayPal COO David Sacks. Trump announced Sacks’ appointment Thursday in a post on Truth Social, Trump’s social networking platform. “[Sacks] will work on a legal framework so the Crypto [sic] industry has the clarity it has been asking for, and can thrive in the […]
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Some believe Klarna’s planned IPO in 2025 could set the stage for other fintech startups to go public. But with the tech IPO market still sluggish, one of the candidates hotly tipped to follow suit has instead just announced a fundraise, and its CEO says going public is “not a priority.” Zopa, the UK neobank […]
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Turning sunflower seeds into sustainable, cocoa-free chocolate has netted Munich-based B2B foodtech startup Planet A Foods (formerly QOA) a $30 million Series B funding round. Now, the Y Combinator alum is gearing up for industrialization, with the funds set to be deployed to scale its production capacity by around 7.5x. The round fast follows a […]
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Uber has 30 days to require certain drivers to get fingerprinted if the ride-hail giant intends to continue transporting unaccompanied teens in California. The California Public Utilities Commission issued a ruling Thursday that requires taxi and ride-hail drivers who are carrying unaccompanied minors in the state to pass a fingerprint background check. The ruling also […]
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Days after Meta admitted that it’s been over-moderating its content, with mistakes impacting creators, the company announced an expansion of a new policy that will help to keep creators from being penalized after violating Meta’s Community Standards when they mess up for the first time. On Thursday, Meta said that the policy, which launched in […]
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To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. Tamar Eilam has worked at IBM for the past 24 years. She’s currently an IBM fellow, serving as chief scientist for […]
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OpenAI’s “12 days of shipmas” event doesn’t kick off for a few hours, but the first big announcement might’ve been revealed early. A staging page on a website used by OpenAI refers to a “ChatGPT Pro” plan that includes all the benefits of ChatGPT Plus, as well as new goodies. https://t.co/VkokDtYfkB pic.twitter.com/zXf2mQN2y8 — Tibor Blaho […]
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TikTok has formed a partnership with Nielsen that will allow advertisers and agencies to directly compare ad performance on TikTok across all screens, including digital, CTV, and linear. Nielsen says the partnership will allow advertisers to get a better understanding of TikTok’s contribution to audience reach, while also helping them better place their ads across […]
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U.K.-based legal tech startup Lawhive, which allows small, ‘Main Street’ law firms to run their affairs through an AI-based SaaS platform, is on something of a tear. In April it raised an $11.9 million Seed round. It’s now raised a $40million in Series A funding to expand in the US. The round was co-led by […]
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Bitcoin prices have been on the rise this year and the cryptocurrency has reached the mark of $100,000 price point for the first time on Wednesday. The cryptocurrency’s price has jumped more than 5% in the last 24 hours. The latest rally began with the election of Donald Trump as president, as he promised a […]
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Although heart disease is the leading cause of death in the United States, a significant portion of people who experience heart attacks are unaware that they have the underlying condition. Cleerly, a cardiovascular imaging startup, hopes to fix this. By analyzing CT scans of the heart, the company’s AI software aims to identify early stage […]
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Incoming President Donald Trump has nominated Jared Isaacman, a billionaire entrepreneur and private astronaut, to lead NASA through what could be one of the most consequential periods in the agency’s history. During the four years of Trump’s second term, NASA will need to navigate a number of significant changes and challenges, including the ongoing Artemis […]
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