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Sources: African neobank Kuda raised $20M in 2023 at a $500M valuation, same as its 2021 valuation; it has 7M retail and business users, short of proj
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2024-01-16 20:51:25
By: milo
Chip design software maker Synopsys plans to acquire 3D design simulation software maker Ansys in a $35B cash-and-stock deal, representing a 29% prem
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2024-01-16 18:01:08
By: milo
In 2023, US metaverse VC funding was $910M, the lowest in at least six years and below a $3.11B peak in 2021; no consumer metaverse US startup raised
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2024-01-16 18:01:07
By: milo
In 2023, US metaverse VC funding was just $910M, the lowest in at least six years and below a $3.11B peak in 2021; no consumer metaverse company rais
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2024-01-16 17:18:05
By: milo
Quantinuum raised $300M, led by JPMorgan, valuing the quantum computing company at $5B; Honeywell remains the majority owner (Thomas Black Bloomberg)
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2024-01-16 16:58:03
By: milo
Source: Google has increasingly awarded select DeepMind researchers with large grants of restricted stock worth up to millions of dollars, to fend off
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2024-01-16 16:09:51
By: milo
Tokyo-based Sakana AI, which is focused on building smaller AI models, raised a $30M seed led by Lux Capital, a source says at a $200M valuation (Rach
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2024-01-16 16:02:09
By: milo
Quantinuum raised a $300M funding round, led by JPMorgan, that valued the quantum computing company at $5B; Honeywell remains the majority owner (Thom
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2024-01-16 16:02:08
By: milo
Vodafone and Microsoft sign a 10-year, $1.5B deal to develop AI, digital payments, IoT, and other businesses; Vodafone will use OpenAI tech for custom
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2024-01-16 15:47:17
By: milo
A PwC survey of 4,702 CEOs: 25% expect generative AI to lead to 5%+ cuts in 2024, 46% expect using generative AI to boost profitability in 12 months,
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2024-01-16 15:41:07
By: milo
Chip design software maker Synopsys plans to acquire engineering simulation and 3D design software maker Ansys in a $35B cash-and-stock deal (Reuters
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2024-01-16 13:31:39
By: milo
After investing in self-checkout kiosks, Target, Walmart, and more reverse course, removing tills and adding staff after theft concerns and customer f
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2024-01-16 13:17:04
By: milo
A PwC survey of 4,702 CEOs ahead of Davos: 25% expect generative AI to lead to up to 5% headcount cuts, 46% expect GenAI to boost profits in 12 months
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2024-01-16 10:35:14
By: milo
Global smartphone shipments declined 3.2% YoY to 1.17B units in 2023; in a first, Apple gained the top spot with 234.6M units, followed by Samsung wit
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2024-01-16 09:59:33
By: milo
Vodafone and Microsoft agree to a 10-year, $1.5B deal to develop AI, digital payments, IoT, and other businesses; Vodafone will use OpenAI for custome
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2024-01-16 09:44:42
By: milo
Microsoft debuts Copilot Pro for $20 month user, offering access to the latest models and features, including custom Copilot GPTs and integration into
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2024-01-16 09:15:16
By: milo
Filing: as part of the Masimo patent fight, the US CBP decides that Apple can avoid a ban and sell the Watch Series 9 by removing its pulse oximetry f
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2024-01-16 09:15:16
By: milo
HashKey, which runs a licensed Hong Kong crypto exchange, raised a $100M Series A at a $1.2B+ valuation; sources say OKX Ventures is among the lead i
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2024-01-16 09:15:14
By: milo
Despite nine years of music industry growth thanks to streaming, companies like Spotify and UMG are tightening payouts or laying off employees (Lucas
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2024-01-16 07:32:16
By: milo
Global smartphone shipments declined 3.2% YoY to 1.17B units in 2023; Apple gained the top spot for the first time with 234.6M, followed by Samsung wi
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2024-01-16 04:45:15
By: milo
HashKey, which operates a licensed Hong Kong crypto exchange, raised a $100M Series A at a $1.2B+ valuation; sources: OKX Ventures is among the lead
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2024-01-16 02:34:34
By: milo
Elon Musk says he would rather build AI products outside of Tesla if he doesn't have 25% voting control in the company; Musk currently owns 12%+
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2024-01-16 01:22:28
By: milo
Microsoft debuts Copilot Pro for $20 mo. user, offering access to the latest models and features, like custom Copilot GPTs and integration into Office
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2024-01-15 19:36:42
By: milo
South Korea says Samsung and SK Hynix plan to invest $471B by 2047 to build 13 chip plants and three research facilities locally, on top of 21 existi
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2024-01-15 18:09:34
By: milo
Baidu's stock drops 10%+ after an SCMP report linked Ernie Bot, which Baidu said amassed 100M+ users four months after its launch, to Chinese mil
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2024-01-15 18:02:44
By: milo
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