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Sources: Indian rapid grocery delivery startup Zepto plans to raise $650M co-led by Nexus and StepStone at a valuation of $3.5B, up from $1.4B in Aug
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2024-06-13 03:23:05
By: milo
Databricks tells investors its annualized revenue is expected to reach $2.4B through July 2024, or the first half of its FY 2025, up 60% from a year e
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2024-06-13 02:31:21
By: milo
Sources: Apple isn't paying OpenAI as part of their partnership and aims to eventually make money from AI by striking revenue-sharing deals with
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2024-06-13 00:23:09
By: milo
AI search engine Perplexity says it was working on revenue-sharing deals with publishers when Forbes criticized it for misusing content from Forbes an
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2024-06-12 21:38:03
By: milo
Broadcom reports Q2 revenue up 43% YoY to $12.49B, vs. $12.01B est., raises FY 2024 revenue forecast, announces a 10:1 stock split; AVGO jumps 9%+ aft
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2024-06-12 20:47:18
By: milo
Understanding Audit Readiness Assessments: Their Importance and Whether You Need Them
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2024-06-12 20:38:44
By: milo
Canary Technologies, which offers tools for hotel guest management, raised a $50M Series C led by Insight Partners, bringing its total raised to nearl
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2024-06-12 19:58:05
By: milo
Amazon plans to invest $1.4B to build or maintain 14K affordable houses near its offices, on top of its $2.2B housing investment from 2021 in WA, VA,
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2024-06-12 18:12:27
By: milo
GameStop raised $2.14B from a share sale program capitalizing on a stock rally fueled by Keith Gill's YouTube return, selling 75M shares for $2
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2024-06-12 11:01:28
By: milo
Filings: Michael Dell plans to sell 10M Dell shares worth $1.3B, after selling $1.6B in shares earlier in 2024; Dell sold $1.7B in 1999 before the bub
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2024-06-12 10:33:12
By: milo
Amazon plans to invest $1.4B to build or maintain 14K affordable houses near its offices, on top of its prior $2.2B housing investment in 2021 in WA,
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2024-06-12 10:19:27
By: milo
German startup Black Semiconductor raised €254M, comprising €229M in public grants and €26M in equity, to build chips using
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2024-06-12 09:58:18
By: milo
Rubrik reports Q1 revenue up 38% YoY to $187.3M, above $171.5M est., and ARR up 46% YoY to $856.1M, in the cybersecurity company's inaugural post
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2024-06-12 09:38:15
By: milo
UAE Minister of AI and Digital Economy Omar Al Olama says fears over China using Middle Eastern countries to overcome US sanctions on AI chips are &qu
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2024-06-12 09:25:43
By: milo
Sources detail struggles at Koo, an Indian rival to X, including laying off 80% of its workforce in recent months and being unable to raise more fund
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2024-06-12 09:12:03
By: milo
Four Indian retailer associations representing 90K grocery shops say monthly sales are dropping by 10% to 60% for some due to the rise of quick commer
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2024-06-12 08:43:23
By: milo
Oracle reports Q4 revenue up 3% YoY to $14.29B, vs. $14.55B est., net income down 5% to $3.14B, announces deals with Google and OpenAI; ORCL jumps 7%+
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2024-06-12 08:08:30
By: milo
Q&A with Cohere CEO Aidan Gomez on co-authoring the "Attention is all you need" paper at Google, focusing on enterprise, whether there&a
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2024-06-12 08:08:29
By: milo
Sources: US-based AI startups Opus Clip and HeyGen, founded by China-born entrepreneurs, are scrambling to sever China ties by relocating China-based
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2024-06-12 05:26:27
By: milo
Raleigh, NC-based Relay, which makes walkie-talkies that can provide real-time location data, do live translation, and more, raised a $35M Series B le
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2024-06-12 01:11:30
By: milo
A profile of French secondhand tech marketplace Back Market, which has raised €930M+, generated €320M in 2023 sales, up 45% YoY, and
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2024-06-11 21:19:28
By: milo
Oracle reports Q4 revenue up 3% YoY to $14.29B, vs. $14.55B est., net income down 5% to $3.14B, announces deals with Google and OpenAI; ORCL up 7%+ af
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2024-06-11 20:47:35
By: milo
Video game and app developer Voodoo acquires photo-sharing app BeReal, in a deal valuing BeReal at €500M; Voodoo's Aymeric Roff&eacu
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2024-06-11 19:52:04
By: milo
Current and former OpenAI staff are increasingly worried about the company's power over their equity, with no IPO in sight, restrictive company p
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2024-06-11 19:24:25
By: milo
GM is investing another $850M into Cruise to help cover the startup's operational costs as it slowly resumes testing its self-driving vehicles in
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2024-06-11 18:35:06
By: milo
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