Rose Rocket, whose platform helps transportation companies communicate, raises $38M
In 2015, Justin Sky, Justin Bailie and Alexander Luksidadi — all veterans of the trucking and logistics industry — came to the realization that, in order to reach a stage of real-time collaboration, the entire trucking industry needed to come online. Shippers, carriers and brokers ̵
Alibaba CEO Daniel Zhang to pass the torch and focus on cloud
Hours after rumors started circling in China about Alibaba’s chairman and CEO Daniel Zhang possibly stepping down, the e-commerce behemoth confirmed midday on Tuesday that the executive will hand over the torch.
Zhang will be replaced by Joe Tsai, Alibaba’s current executive vice chairm
We should all be worried about AI infiltrating crowdsourced work
A new paper from researchers at Swiss university EPFL suggests that between 33% and 46% of distributed crowd workers on Amazon’s Mechanical Turk service appear to have “cheated” when performing a particular task assigned to them, as they used tools such as ChatGPT to do some of th
Blackbird lands $20M investment to expand its risk management tools
Blackbird AI, a startup developing AI-powered software for risk intelligence, today announced that it raised $20 million in a Series B funding round led by Ten Eleven Ventures.
Bringing New York-based Blackbird’s total raised to $30 million, the tranche also had contributions from Dorilton Ca
Canva introduces new developer tools and $50M investment fund
Canva has been around since 2013, and has been a tremendously successful design platform, raising over $570 million and garnering 135 million users along the way. With that kind of traction, it makes a ton of sense to let developers tap into that user base and take advantage of the work that the co
Twitter is being evicted from its Boulder office over unpaid rent
Twitter owes three months’ rent to its Boulder landlord, and a judge has signed off on evicting the tech giant from its office there, court documents show.
Since its takeover by Elon Musk, Twitter’s business has more or less fallen into disarray, and there have been numerous reports of
Synthesia secures $90M for AI that generates custom avatars
Once the pandemic normalized virtual meetups, the concept of “personalized AI” began to gain steam.
Startups creating “AI-driven” avatars — realistic-looking characters with synthetic voices that star in pre-recorded or live videos — have raised hundreds of milli
Paro raises $25M to match freelance financial experts with firms
In 2015, Michael Burdick and Dan Wywrot, who’d spent years working at large accounting firms, founded a startup — Paro — to deliver finance and accounting solutions to businesses through a network of freelance talent. They say they were inspired by the lack of flexibility in tradi
Informatica acquires Privitar, once valued at $400M, to expand its data management stack
One of the recurring themes in the area of enterprise IT these days is consolidation, and today we’re getting another dose of it in the area of enterprise data management.
Informatica — which provides a set of tools to enterprises to analyze, manage and share data across their organizat
OctoML launches OctoAI, a self-optimizing compute service for AI
When OctoML launched in 2019, its primary focus was optimizing machine learning (ML) models. Since then, the company has added features that make it easier to deploy ML models (and raised $132 million). Today, the company is launching the latest iteration of its service — and while it’s
With Equifax in its sights, TransUnion invests $24M in income verification platform Truework
Truework, an income and employment verification platform used by banks, lenders, property managers and employers, today announced a strategic partnership and $24 million in equity funding from consumer credit reporting giant TransUnion.
Founded in 2017, San Francisco-based Truework integrates with
OpenInfra Foundation opens regional hubs in Europe and Asia
The Open Infrastructure Foundation, the open-source foundation that hosts projects like the OpenStack cloud computing platform and Starling X edge computing stack, today announced that it is launching two regional hubs — OpenInfra Asia based in Singapore and OpenInfra Europe based in Belgium
Vectara lands $28.5M to supercharge enterprise search
"speakable-summary" dir="ltr" role="presentation">Some years ago, three former Googlers — Amr Awadallah (who previously founded Cloudera), Amin Ahmad and Tallat Shafaat — set out to build what they describe as a “conversational search” platform for the enterprise. Their goal
France’s Mistral AI blows in with a $113M seed round at a $260M valuation to take on OpenAI
AI is well and truly off to the races: a startup that is only four weeks old has picked up a $113 million round of seed funding to compete against OpenAI in the building, training and application of large language models and generative AI.
Mistral AI, based out of Paris, is co-founded by alums fro