AI agents are all the rage, a trend driven by the generative AI and large language model (LLM) boom these past few years. Getting people to agree on what exactly AI agents are is a challenge, but most contend they are software programs that can be assigned tasks and given decisions to make — with […]
Juna.ai wants to use AI agents to make factories more energy-efficient Read More »
Indian omni-channel nutrition startup HealthKart has raised $153 million in one of the country’s largest consumer startup transactions this year, valuing the business at about $500 million, according to a source familiar with the matter. The new investment was co-led by private equity firms ChrysCapital and Motilal Oswal, with Avendus Capital serving as financial advisor.
India’s HealthKart valued at $500 million in new investment Read More »
Oyo founder Ritesh Agarwal’s investment vehicle has proposed to inject another $65.1 million into the hotel management startup, according to shareholder notifications reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in the extraordinary general meeting notice. While this represents a 38% premium
Oyo founder seeks new investment at $3.8 billion valuation Read More »
In the wake of the U.S. 2024 presidential election, one fact became clear: Disinformation proliferated online at a startling rate, shaping Americans’ views about each candidate as well as a diverse set of topics, including public health, climate change, and immigration. Generative AI – with its ability to produce deepfakes in seconds and its propensity to
Norwegian startup Factiverse wants to fight disinformation with AI Read More »
ByteDance, the Chinese company that owns TikTok, valued itself at $300 billion in a recent share buyback offer, according to a new report in The Wall Street Journal. That number might sound familiar, as the WSJ previously reported on a ByteDance buyback offer at a $300 billion valuation back in September 2022. But a year
TikTok parent ByteDance reportedly values itself at $300 billion Read More »
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here! Despite the short workweek in many locations, the last few days have been crammed with deal announcements and funding news, although it is too early to tell how much was just on hold before
The US IPO window hasn’t reopened yet, but startups take what they can Read More »
Last summer, a twin-propeller plane touched down on the gray-cratered terrain of Nuuk, the capital of Greenland. A 28-year-old deboarded, ready to march into the Nordic parliament building with a bold proposition: “I went to Greenland to try to buy it,” Praxis founder Dryden Brown wrote in a viral tweet later. On the phone with
Significant changes are coming to ABL Space Systems. The leader of the 7-year-old startup took to social media last night to make a big announcement: The company will no longer be focusing on the commercial launch market but will be turning instead to missile defense. ABL had been developing a small launch vehicle called RS1
Significant changes are coming to ABL Space Systems. The leader of the seven year old startup took to social media last night to make a big announcement: the company will no longer be focusing on the commercial launch market, but will be turning instead to missile defense. ABL had been developing a small launch vehicle
After raising nearly half a billion, ABL Space pivots from launch vehicles to missiles Read More »
Instyle reported yesterday that Meghan is an investor in the hair and wellness company Highbrow Hippie, founded by her colorist Kadi Lee, and Myka Harris. The company was announcing the launch of a new hair care line and Meghan told the outlet that she was “proud to invest in her as a friend and as
Meghan Markle is expanding her consumer portfolio Read More »
