AI systems and large language models need to be trained on massive amounts of data to be accurate but they shouldn’t train on data that they don’t have the rights to use. OpenAI’s licensing deals with The Atlantic and Vox last week show that both sides of the table are interested in landing these AI-training […]
Deal Dive: Human Native AI is building the marketplace for AI training licensing deals Read More »
Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Anna will be covering for him this week. Sign up here to get it in your inbox every Friday. Most interesting startup stories from the week As the end of 0% interest rates keeps taking its toll,
Startups Weekly: Ups, downs, and silver linings Read More »
BlackRock, an investor in Byju’s, estimates that its stake of Indian edtech giant, once valued at $22 billion, is now worth nothing. The write-down in its estimations, disclosed in an SEC filing, makes Byju’s one of the most spectacular startup slides in recent memory. BlackRock’s disclosure for the period ending March this year follows a
BlackRock has slashed the value of stake in Byju’s, once worth $22 billion, to zero Read More »
Founders: Need plans this weekend? What better way to spend your time than applying to this year’s Startup Battlefield 200 at TechCrunch Disrupt. With Monday’s deadline looming, this is a must-add for your weekend to-do list. Accepting both applications and referrals We’re accepting both quality applications and referrals for Startup Battlefield 200. If you are
Startup Battlefield 200 applications due Monday Read More »
EnerVenue, a startup that has developed an alternative to lithium-ion batteries for long-duration renewable energy storage, is raising $515 million in fresh equity, per an SEC filing seen by TechCrunch. The company is in the process of building a gigawatt-scale factory in Kentucky to produce its nickel-hydrogen batteries, an endeavor that’s estimated to cost $264
Novel battery manufacturer EnerVenue is raising $515M, per filing Read More »
Carta, a once-high-flying Silicon Valley startup that loudly backed away from one of its businesses earlier this year, is working on a secondary sale that would value the company at $2 billion, TechCrunch has learned. Carta is working with the investment bank Jeffries on the sale and initially hoped to find demand for the offering
Carta’s valuation will be cut by billions in an upcoming secondary sale Read More »
In a research note, HSBC estimates that the Indian edtech giant Byju’s, once valued at $22 billion, is now worth nothing. The write-down in its estimation makes Byju’s one of the most spectacular startup slides in recent memory. It follows a very rough year for the Bengaluru-based startup, which was India’s most valuable not long
HSBC believes that $22 billion Byju’s is now worth zero Read More »
New York-based Revel has made a lot of pivots since initially launching in 2018 as a dockless e-moped sharing service. The BlackRock-backed startup briefly stepped into the e-bike subscription business. It launched and now operates a handful of electric vehicle charging stations across the five boroughs. And it started an all-Tesla, all-employee ride-hail service, in
When you look at how generative AI is being implemented across developer tools, the focus for the most part has been on generating code, as with Github Copilot. Greptile, an early stage startup from a group of recent Georgia Tech grads, decided to take a different approach: using AI to help developers understand the code
Greptile raises $4M to build an AI-fueled code base expert Read More »
In early 2022, the fintech startup Bloom — not to be confused with the Gen Z-focused investing app, or the heavily capitalized revenue financing platform — was accepted into Y Combinator as the first-ever startup from Sudan to participate in the famed accelerator. Alongside its four founders’ track records at Amazon, Meta, IBM, and Goldman Sachs,
