Tag Archives: TechCrunch

Fintech valuations have fallen. Where do they go from here?

With the market having changed dramatically since the heyday of 2021’s venture funding boom, fintech valuations have largely shifted accordingly. With only a few exceptions, the once most valuable companies operating in the fintech space have seen their valuations drop … Continue reading

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Qualtrics claims it’ll spend $500M on AI over the next four years

Qualtrics, the cloud-based platform for managing online customer experiences, intends to spend $500 million on AI over the next four years. The company made the announcement this morning alongside the launch of its new AI-integrated platform, XM/os2 (an unwieldy name, … Continue reading

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Apple is testing a ChatGPT-like AI chatbot

Apple is developing artificial intelligence tools to challenge Open AI, Google and others, according to a new report from Bloomberg’s Mark Gurman. The tech giant has created a chatbot that some engineers are internally referring to as “Apple GPT.” Apple … Continue reading

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India’s Dunzo defers staff pay, to cut jobs amid funding search

Dunzo, a hyperlocal delivery startup in India, is postponing employee salaries for a month and plans a new wave of layoff as the Google and Reliance Retail-backed startup pares its expenses amid aggressive hunt for new funding. The Bengaluru-headquartered startup, … Continue reading

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WhatsApp launches standalone smartwatch app for Wear OS

WhatsApp has finally launched its standalone app for smartwatches running Google’s Wear OS, after much anticipation and months-long beta testing. Meta CEO Mark Zuckerberg on Wednesday announced the launch of the WhatsApp app for Wear OS that will allow users … Continue reading

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Unstructured, which offers tools to prep enterprise data for LLMs, raises $25M

Large language models (LLMs) such as OpenAI’s GPT-4 are the building blocks for an increasing number of AI applications. But some enterprises have been reluctant to adopt them, owing to their inability to access first-party and proprietary data. It’s not … Continue reading

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As Egnyte continues to grow steadily, an IPO seems like the inevitable conclusion

Egnyte has never been a startup in a hurry and has been content to take a slow, but steady growth trajectory over its 16-year history. Today it’s a $200 million company growing at around 25% a year. That’s pretty impressive … Continue reading

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SAP invests in generative AI startups Anthropic, Cohere and Aleph Alpha

In case one needed more evidence that there’s a massive appetite for generative AI, SAP, the Germany-based consulting giant, yesterday invested in three major generative AI players: Anthropic, Cohere and Aleph Alpha. The terms of the direct investments, which weren’t … Continue reading

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Netflix removes its basic tier in the US and the UK

After removing the basic subscription plan in Canada, Netflix has removed the plan in the U.S. and the U.K. as well. The basic plan allowed users to consume Netflix on one screen in 720p quality. While users already subscribed to … Continue reading

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Umbra is a Silicon Valley outsider – they prefer it that way

Umbra co-founder Gabe Dominocielo’s last name is roughly translated from the Latin as “lord of the skies.” It’s a fitting title for the head of a satellite imagery company — but in a recent interview with TechCrunch, he joked that … Continue reading

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