Inflection debuts its own foundation AI model to rival Google and OpenAI LLMs
Inflection, a well-funded AI startup aiming to create “personal AI for everyone,” has taken the wraps off the large language model powering its Pi conversational agent. It’s hard to evaluate the quality of these things in any way, let alone objectively and systematically, but a li
AWS launches $100M program to fund generative AI initiatives
Amazon, keen to avoid being left behind in the hyper-competitive AI race, is launching a new program to bolster customers and partners focused on generative AI.
Called the AWS Generative AI Innovation Center, the program will put $100 million toward connecting AWS-affiliated data scientists, strate
Kibsi raises $9.3M for its no-code computer vision platform
Kibsi is an Irvine, California-based startup that is building a no-code computer vision platform that allows businesses to build and deploy computer vision applications. Among the things that set Kibsi apart from many other players in this space is that it lets businesses reuse their existing camer
Warming public markets are boosting the secondary market for startup shares
The late-stage startup market is sorting out how to value startups that had raised capital during the previous venture boom — Tiger Global Management recently resorted to selling individual stakes in its portfolio companies after failing to sell a basket of its stakes.
Frankly, it wasn’t sh
Robinhood acquires credit card startup X1 for $95M
Robinhood announced on Thursday that it was acquiring X1, a no-fee credit card startup, for $95 million in cash.
X1, which offers an income-based credit card with rewards, raised a total of $62 million in venture-backed funding from investors like Soma Capital, FPV, Craft Ventures and Spark Capital
SoulCycle to offer trainer-guided virtual work sessions with the FLOWN startup
FLOWN is a startup that took the idea of “virtual co-working” some of us did during the pandemic and created a model of guided “deep work” sessions with actual coaches. Billing itself as a “Twitch for work,” the platform says it works best with remote workers, of which t
Avatar startup Genies launches $1M fund for developers building AR experiences
Genies, the Bob Iger-backed avatar tech company, announced Thursday the launch of its Developer Engagement Fund to reward developers that build AR experiences via Genies' recently announced developer kit. The total fund size is $1 million.
Genies will reward certain developers based on the leve
Deloitte, three board members quit edtech giant Byju’s
Global giant Deloitte quit as the auditor of Byju’s and three board members resigned from the most valuable Indian startup on Thursday, sending a shockwave through the industry, a year after the Indian firm’s tardy financial reporting attracted global scrutiny.
Byju’s, valued at $
Bridge 2 Technologies is making it easier for companies to find diverse vendors
Bridge 2 Technologies began with the notion that it should be easier for companies to find a diverse set of vendors. The company formed three years ago with the idea of bringing these two groups together in a two-way marketplace.
Today, the company announced the official launch of the Bridge 2 Tech
Sequoia debuts Atlas, an interactive guide to the European tech talent landscape
There is an estimated 3 million software engineers in Europe, depending on what report you want to believe, but finding the right engineers for the job at hand isn’t all that straightforward. London or Paris might well have the highest concentration of software engineers, but knowing what loc
We've officially entered a new era of 'cultivated' meat production
U.S. regulators met another alternative protein milestone Wednesday when they approved both Upside Foods and Good Meat to sell their cultivated chicken products within the country.
Known as “cell-cultivated” or “cultured meat,” these proteins are made from animal cells rather than slaughter
Ask Sophie: Do I need 2 visas to work at 2 different startups?
Here’s another edition of “Ask Sophie,” the advice column that answers immigration-related questions about working at technology companies.
“Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says S
BetterBrand's new dough raises company's valuation to over $170M
BetterBrand, a food tech company known for creating “The Better Bagel,” closed on $6 million of Series A capital at a pre-money valuation of $170 million.
The company, citing Crunchbase data, also touts that the raise puts founder Aimee Yang among just 150 solo female founders to raise a Series
Notarize launches Proof to ensure safe online transactions
Notarize, the world's largest online notary network, is launching Proof, a new company and platform for digital identity verifications. Beginning in August, Notarize's business tools will be rebranded to Proof, and it is also changing its company name to Proof. Notarize will continue servin