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Monthly Archives: April 2024
Salesforce Einstein Copilot AI Assistant Enters General Availability
Plus, Salesforce bundles its AI implementation and data governance services.
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Edonia grabs €2M to turn microalgae into less bitter-tasting ground meat alternative
The company produces plant-based ingredients from raw microalgae biomass, generated from spirulina or chlorella, that it claims is more nutritious than meat. © 2024 TechCrunch. All rights reserved. For personal use only.
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Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval
Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing to the local regulator. The Bengaluru-headquartered startup, which competes with … Continue reading
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Mark Zuckerberg says Threads has 150 million monthly active users
Meta’s Twitter/X rival Threads is growing at a stable pace. The social network now has more than 150 million monthly active users — up from 130 million in February — Mark Zuckerberg mentioned during the company’s Q1 2024 earnings call. … Continue reading
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Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs
Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, ARCH Venture Partners and Foresite Labs, an affiliate of Foresite Capital, announced … Continue reading
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US TikTok ban would be ‘devastating’, UK firms warn
UK businesses using TikTok say they could see a significant drop in sales if the app is banned in the US.
Meta shares sink after it reveals spending plans
The firm said expenses would be higher this year as it spends heavily on artificial intelligence.
Anduril moves ahead in Pentagon program to develop unmanned fighter jets
Anduril Industries has taken another step forward in its quest to become the next great American prime, this time by beating out major defense companies to develop and test small unmanned fighter jet prototypes. The venture capital darling beat out … Continue reading
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Meta shares plunge on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.
Meta’s Reality Labs posts $3.85 billion loss in first quarter
Mark Zuckerberg’s bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.