While generative AI continues to dominate the headlines, things have been relatively quiet on the blank-check merger front. But that doesn’t mean special purpose acquisition company (SPAC) deals aren’t happening. It’s just that the number of SPAC deals has dwindled […]
Despite a funding drought affecting many startups, the generative AI startups continue to ride the wave of the ChatGPT-led AI boom as investors pour billions into the space hoping to find the next OpenAI. The latest is Typeface, a generative […]
The number of low-code platforms has surged in recent years. According to research from Gartner, the adoption of low-code/no-code platforms and robotic process automation (RPA) tools such as Microsoft PowerApps, ServiceNow, and UiPath is expected to reach around 65% of […]
Parabola, a San Francisco-based startup that helps everyone automate their manual tasks without coding, announced today it has secured $24 million in Series B funding to hire more staff and bolster its research and development (R&D) efforts. The round, which brings […]
Nothing, a London-based smartphone startup founded by OnePlus co-founder Carl Pei, has raised $96 million in funding led by European venture capital firm Highland Europe, with participation from existing investors including GV, EQT Ventures, and C Capital also investing, along […]
Handling data manually is a tedious and demanding process that involves a lot of labor, and resources, and carries a high risk of errors. It can also be quite costly. This applies not only to transforming data but also to […]
Google is cutting jobs at its popular navigation app Waze as it continues to merge the unit with its own mapping products, CNBC reported on Tuesday. According to the report, the decision comes as the tech giant plans to integrate Waze […]
Since the launch of OpenAI ChatGPT in November, there has been a remarkable surge in interest surrounding artificial intelligence. Businesses across various sectors are now actively seeking ways to incorporate generative AI into their systems. However, this heightened demand underscores the […]
Investors continue to pour billions into generative artificial intelligence (AI) as demand for AI applications shows no sign of slowing down. This unrelenting flow of funds also manifests in the increased merger and acquisition activity. The latest is San Francisco-based Databricks. […]
The AI boom sparked by the sudden success of OpenAI ChatGPT continues to gain momentum without any signs of slowing down. Since the launch of ChatGpt in November of last year, investors have billions of dollars into generative artificial intelligence […]
IBM announced on Monday it will acquire technology spend-management platform Apptio from Vista Equity Partners in a deal valued at $4.6 billion. The acquisition will strengthen IBM’s IT automation and cloud capabilities while providing enterprises with the means to maximize […]
It’s been quite some time since we last covered Kodiak Robotics, an autonomous vehicle startup co-founded by seasoned veteran Otto/Google Veteran Don Burnette and Venture Capitalist Paz Eshel with the goal of revolutionizing the field of long-haul trucking. Back in 2018, […]
The pharmaceutical industry encompasses more than just weight-loss drugs. Eli Lilly, a prominent drug-making company, announced on Tuesday that it has agreed to acquire Dice Therapeutics, a specialized firm that focuses on developing oral treatments for autoimmune diseases. The deal, […]
Back in 2021, we reported on Bolt after the Estonian ride-hailing startup secured a massive $713 million in funding to venture into the rapidly expanding online grocery delivery industry. Early last year, Bolt also raised $709 million to expand its […]
Neptune Retail Solutions, a provider of in-store and digital incentive marketing services announced Tuesday it is buying Quotient Technology, the parent company of Coupons.com, in a deal valued at $430 million in cash. The acquisition marks a significant milestone for […]
If you haven’t been living under a rock, you’ve undoubtedly heard about ChatGPT, the widely popular AI chatbot developed by OpenAI. Released to the public on November 30, 2022, ChatGPT created a massive buzz across the internet. This dialogue-based AI […]
Just a month after investing $142 million in nuclear fusion startup Neo Fusion, Chinese EV maker Nio said Tuesday that CYVN Holdings, a firm backed by the Abu Dhabi government, will be investing approximately $738.5 million. Nio said the fresh […]
The aviation industry currently contributes approximately 3% of the world’s greenhouse gas emissions. To mitigate its climate impact, a viable solution lies in transitioning to sustainable aviation fuels. However, although there have been significant breakthroughs in laboratory settings for producing […]
Back in 2019, we covered Microsoft after the tech giant invested a massive $1 billion in OpenAI, a relatively unknown AI startup co-founded by Elon Musk and Sam Altman. What’s interesting about the investment was that, at the time, the […]
Move over, Boxabl! Home Depot, the world’s largest home improvement retailer, is entering the DIY tiny house movement as millions of Americans get priced out of traditional family homes, contributing to one of the most severe housing affordability crises in […]