Category: Uncategorized
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AI apps saw over $1 billion in consumer spending in 2024
Demand for generative AI help drive consumer spending on apps to $150 billion globally in 2024, up 13% from the prior year. According to an annual “State of Mobile” report from app intelligence provider Sensor Tower (which acquired Data.ai, the original report’s author, last March), AI apps saw a surge of interest over the past… Read more
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Trump open to Elon Musk or Larry Ellison buying TikTok
President Donald Trump has said he would be open to Tesla CEO Elon Musk or Oracle chairman Larry Ellison buying TikTok as part of join venture with the U.S. government. Trump was asked at a press conference on Tuesday if he was open to “Elon buying TikTok.” He responded that he would be, and added:… Read more
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Databricks closes $15.3B financing at $62B valuation, Meta joins as ‘strategic investor’
Data analytics platform Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation. The San Francisco-based company also added a further $5.25 billion in debt financing, funded by JPMorgan Chase, Barclays, Citi, Goldman Sachs, Morgan Stanley, among other “leading financial institutions and alternative… Read more
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What PowerSchool isn’t saying about its ‘massive’ student data breach
The hack has the potential to be one of the biggest of the year, but the edtech giant is refusing to answer important questions © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Ramp encroaches into digital bank territory with new treasury product
Over the years, Ramp has built a name for itself in the corporate card and expense management space. It’s branched out into travel, bill pay, and more, while raising over $1.2 billion in venture funding. Today, the six-year-old fintech startup is announcing a different kind of expansion — one that takes it into more of… Read more
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Postman launches an AI agent builder on top of its API platform
Since it was founded in 2014, India-based Postman has made a name for itself as one of the most popular platforms for building and using APIs, with 500,000 organizations now using the service. Like with so many other SaaS services, though, its valuation today is reportedly down from its $5.6 billion high in 2021. But… Read more
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Sales knowledge automation platform 1up gets a third of its customer leads from memes
When George Avetisov was the founder and CEO of cybersecurity startup HYPR, he spent a lot of time in the trenches with the company’s sales team. He quickly realized that regardless of how good his sales team was, they were consistently pulling in other departments to answer customer questions or fill out technical questionnaires. “They… Read more
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Doti gives enterprises a flexible AI-powered search experience to unlock their data silos
As enterprises look at how they can best leverage AI to increase their employees’ productivity, search is an obvious use case. In most companies, after all, data lives in multiple disconnected silos and the combination of large language models, retrieval augmented generation (RAG) and enterprise-grade integration services now makes it easier than ever to not… Read more
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Lindus Health raises $55M to ‘fix the broken clinical trial industry’
A four-year-old London startup backed by Peter Thiel has raised a $55 million Series B round as it sets about “fixing the broken clinical trial industry.” The announcement comes as artificial intelligence is shaping up to revolutionize drug discovery and development, in turn spurring demand for a streamlined clinical trial process to help get new… Read more
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Google hit with $12.6M fine in Indonesia for monopolistic practices in payment system
Indonesia’s antitrust agency KPPU fined Google 202.5 billion Rupiahs, equivalent to $12.6 million, on Wednesday for antitrust violation related to its payment system services for the Google Play Store. The KPPU ordered the search giant to cease the mandatory use of Google Play Billing in the Google Play Store. It also asked Google to let… Read more