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PitchBook: approximately 3,200 private venture-backed US companies, which had raised a combined $27.2B in VC funding, have gone out of business in 202
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2023-12-07 07:02:42
By: milo
Shares of Paytm dropped as much as 20% after the company announced plans to issue fewer personal loans under $600 to comply with RBI's tightenin
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2023-12-07 06:40:43
By: milo
NYC-based Pontera, which builds software for managing retirement accounts, raised $60M, a source says at a $550M+ valuation, taking its total funding
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2023-12-07 06:25:55
By: milo
Bengaluru-based Sarvam AI, which is building LLMs that support Indian languages, emerges from stealth with a $41M combined seed and Series A led by Li
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2023-12-07 06:25:55
By: milo
Sydney-based Leonardo.Ai, which lets users generate AI images for use in creative industries, raised $31M, and says it has 7M users and generated 700M
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2023-12-07 04:29:27
By: milo
SoftBank-backed travel booking service Klook raised a $210M Series E+, taking its total funding to $900M+, after turning cash flow positive in mid-202
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2023-12-07 03:16:47
By: milo
Bitzlato co-founder Anatoly Legkodymov pleads guilty in the US to operating a money transmitting business for illicit funds and agrees to dissolve the
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2023-12-07 01:57:31
By: milo
MIT spinoff Liquid AI, which aims to build AI systems powered by liquid neural networks, emerges from stealth with a $37.6M seed at a $303M post-money
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2023-12-06 23:04:04
By: milo
Microsoft, Meta, Oracle, and OpenAI say they plan to use AMD's new Instinct MI300X GPU; Microsoft plans to offer access to the chips through Azur
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2023-12-06 22:28:33
By: milo
MaintainX, which helps manufacturing and other companies manage operations and maintenance, raised a $50M Series C at a $1B valuation, up from $191M i
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2023-12-06 18:02:51
By: milo
MaintainX, which helps manufacturing, hospitality, and other companies manage operations and maintenance, raised $50M at a $1B valuation, up from $191
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2023-12-06 16:58:30
By: milo
AI data startup VAST Data, which unifies storage, databases, and more, raised a $118M Series E led by Fidelity at a $9B valuation, up from $3.7B in Ma
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2023-12-06 16:08:35
By: milo
Google updates Bard to use its new Gemini Pro model, the middle tier of the Gemini series, and says its the "biggest and best upgrade yet" a
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2023-12-06 15:18:32
By: milo
Meta plans to fix a months-long bug that has caused many Instagram videos posted between June 2013 and October 2014 to lose their audio, but offers no
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2023-12-06 14:50:43
By: milo
Intel publishes and then removes "Core Truths", which directly criticizes AMD's "snake oil" for using its older Zen 2 archite
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2023-12-06 12:45:05
By: milo
Meta plans to fix an issue causing many Instagram videos posted between June 2013 and October 2014 to lose their audio, but offers no timeframe (Jay P
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2023-12-06 10:47:03
By: milo
Sources: ByteDance offers to buy back up to $5B of shares from existing investors at $160 per share, putting the company's valuation at $268B, do
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2023-12-06 10:04:30
By: milo
Sources: ByteDance is offering to buy back up to $5B worth of shares from existing investors at $160 per share, which puts the company's valuatio
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2023-12-06 07:36:21
By: milo
Jensen Huang says Huawei, Intel, and an expanding group of semiconductor startups pose a stiff challenge to Nvidia in the race to produce the best AI
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2023-12-06 06:03:27
By: milo
Massachusetts-based Dust Identity, which links physical items to digital records with diamond dust marks, raised a $40M Series B led by Castle Island
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2023-12-06 04:09:30
By: milo
Newton, Massachusetts-based Dust Identity, which links physical items to digital records by tagging them with unique diamond dust marks, raised a $40M
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2023-12-06 04:01:18
By: milo
Source: VC firm OpenView laid off most of its staff and does not plan to make new investments, after several partners recently left the firm (Natasha
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2023-12-06 00:54:47
By: milo
Source: VC firm OpenView laid off most of its staff and does not plan to make new investments, after raising $570M in March 2023, 30% shy of its $800M
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2023-12-05 23:07:19
By: milo
Source: VC firm OpenView has laid off most of its staff and will not make new investments, after the firm raised $570M in March, 30% shy of its $800M
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2023-12-05 23:00:11
By: milo
Dutch manufacturer of chipmaking gear ASM International plans to invest $324M in a US headquarters in Scottsdale, Arizona, and hire 500 people for th
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2023-12-05 22:46:32
By: milo
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