Typeface, a generative AI startup focused on enterprise use cases, has acquired a pair of companies just over a year after raising $100 million at a $1 billion valuation. Typeface revealed on Monday that it’s purchased Treat, a company using AI to create personalized photo products, and Narrato, an AI-powered content creation and management platform. […]
Is a business coach really worth the investment? Execs often seek coaches to bolster aspects of their work, like communication skills and their productivity. At least anecdotally, these skills do appear to get better with coaching — a survey from the nonprofit International Coach Federation found that 80% of execs who hired a coach saw
Progress, a Bedford, Massachusetts-based software firm, on Monday announced that it intends to acquire file management platform ShareFile for $875 million in cash and credit. Progress CEO Yogesh Gupta said that the deal, which is expected to close by November 30, will bolster Progress’ portfolio with tools to help businesses more efficiently share — and
Progress acquires file management platform ShareFile for $875M Read More »
San Francisco-based data infrastructure startup Cribl has raised $319 million in a Series E funding tranche led by new investor GV (Alphabet’s corporate venture arm) with participation from GIC, CapitalG, IVP and CRV. Bringing Cribl’s total raised to $600 million, the cash injection values the company at $3.5 billion — up around 40% from Cribl’s
Data infrastructure startup Cribl raises $319M at a $3.5B valuation Read More »
Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million in new cash from investors including Cisco, AMD and Fujitsu. Bloomberg says that the round, which also had participation from Canadian pension investment manager PSP Investments and Canada’s export credit agency EDC, values Toronto-based Cohere at $5.5 billion. That’s more than double
Cohere raises $500M to beat back generative AI rivals Read More »
The CrowdStrike debacle — a bug in the company’s Windows software that had the disastrous effect of rendering PCs unusable — has disrupted flights, canceled elective medical treatments, and left many an office worker twiddling their thumbs for hours. Unsurprisingly, it’s also tanked CrowdStrike’s stock price, even as the company’s CEO, George Kurtz, promises a
CrowdStrike’s rivals stand to benefit from its debacle Read More »
The CrowdStrike debacle — a bug in the company’s Windows software that had the disastrous effect of rendering PCs unusable — has disrupted flights, canceled elective medical treatments, and left many an office worker twiddling their thumbs for hours. Unsurprisingly, it’s also tanked CrowdStrike’s stock price, even as the company’s CEO, George Kurtz, promises a
CrowdStrike’s rivals stand to benefit from its update fail debacle Read More »
Huffington Post founder Arianna Huffington and OpenAI CEO Sam Altman are throwing their weight behind a new venture, Thrive AI Health, that aims to build AI-powered assistant tech to promote healthier lifestyles. Backed by Huffington’s mental wellness firm Thrive Global and the OpenAI Startup Fund, the early-stage venture fund closely associated with OpenAI, Thrive AI
OpenAI Startup Fund backs AI healthcare venture with Arianna Huffington Read More »
As the demand for AI grows, so, too, does the demand for expertise in maintaining databases — a critical part in any AI pipeline. Databases store the information used to train, run and fine-tune AI systems, and it’s been shown that good data management can smooth the pathway to AI adoption in an enterprise. One
Database startup Tembo lands new cash to expand Read More »
AI “agents” are generative AI models that can perform actions autonomously, like copying info from an email and pasting it into a spreadsheet, and have been hailed as productivity superchargers. That might be a bit premature, given models’ tendency to make mistakes. But at least a few founders (and analysts and investors) seem convinced that
Orby is building AI agents for the enterprise Read More »
