Fundraising

Desktop AI assistant app Highlight spins out of Medal with $10M in funding

Fundraising /

Earlier this year, Medal, a startup known for its video game clipping features, launched a cross-platform AI assistant called Highlight. Now, the company is spinning off Highlight into a new entity, which has raised $10 million in a funding round. General Catalyst led the funding round with Valor, SV Angel, and Conviction Embed participating in […]

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CrewAI uses third-party models to automate business tasks

Fundraising /

Back in 2022, João Moura was directing AI engineering efforts at Clearbit, a startup creating a unified hub for business intelligence tools. There, Moura was responsible for leading the development of AI integrations, as well as defining Clearbit’s AI product roadmap. After a year, HubSpot acquired Clearbit, and Moura had the itch to go it

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Uprise wants to help small businesses make better financial decisions

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Small business creation has been on the rise in the U.S. since the pandemic. There are a lot of tech tools designed to help these companies with things like payroll or setting up retirement benefits — but more tools doesn’t mean small businesses know how to use them to make smart decisions. Uprise is looking to

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DataCrunch wants to be Europe’s first AI cloud hyperscaler — powered by renewable energy

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A fledgling startup is setting out to become one of Europe’s first “AI compute” hyperscalers, with renewable energy playing a pivotal part in its pitch to prospective customers. The AI goldrush has spurred unprecedented demand for “compute,” which refers to the processing power, infrastructure and resources needed for tasks such as running algorithms, executing machine

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Investments in generative AI startups topped $3.9B in Q3 2024

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Not everyone is convinced of generative AI’s return on investment. But many investors are, judging by the latest figures from funding tracker PitchBook. In Q3 2024, VCs invested $3.9 billion in generative AI startups across 206 deals, per PitchBook. (That’s not counting OpenAI‘s $6.6 billion round.) And $2.9 billion of that funding went to U.S.-based

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Investor FOMO returns, and what happened with WordPress and WP Engine?

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Today on TechCrunch’s Equity podcast, Devin Coldewey, Margaux MacColl and Anthony Ha are rounding up the week’s startup and venture news, kicking things off with a look at the $400 million raised by Lightmatter, and the importance of fast networking within the fast growing datacenter industry today — not just in years to come —

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Former watch trader is now building the AWS of grid storage, Terralyr

Fundraising /

Phillip Man was burned out. He had founded a watch trading company with his flatmate, but the grind was wearing him down. “We did that for ten years,” Man said. “It’s very difficult to keep yourself motivated when you know the whole reason for your operation is to sell expensive stuff to wealthy people.” He

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Former watch trader is now building the AWS of grid storage, Terralayr

Fundraising /

Phillip Man was burned out. He had founded a watch trading company with his flatmate, but the grind was wearing him down. “We did that for ten years,” Man said. “It’s very difficult to keep yourself motivated when you know the whole reason for your operation is to sell expensive stuff to wealthy people.” He

Former watch trader is now building the AWS of grid storage, Terralayr Read More »