GIC is in talks to invest in the Indian startup Vegrow, which runs a business-to-business marketplace for fruits, two sources familiar with the matter said. The Singapore sovereign fund is evaluating leading a $40 million Series C funding round in Vegrow, the sources said. The talks, which have not finalized and so the terms could…
Uber Eats and quick commerce player Getir have inked a grocery delivery partnership, starting in the U.K. The tie-up, which expands the range of groceries on tap for Uber Eats’ users, is slated to cover other markets where the pair operate in Europe in the coming weeks — so presumably it’ll launch in Germany and…
Hong Kong-based crypto company Mixin announced on Sunday that it was breached and that the hackers stole around $200 million. “In the early morning of September 23, 2023 Hong Kong time, the database of Mixin Network’s cloud service provider was attacked by hackers, resulting in the loss of some assets,” the company wrote on X,…
Bootstrapping, or funding your own company, has long been the first route many founders take when they set out on their entrepreneurial journey. But it’s not a decision that they have any say in. Often, sources of capital only flow to those with the networks and the opportunity to get warm introductions to investors, so…
When OpenAI first unveiled GPT-4, its flagship text-generating AI model, the company touted the model’s multimodality — in other words, its ability to understand the context of images as well as text. GPT-4 could caption — and even interpret — relatively complex images, OpenAI said, for example identifying a Lightning Cable adapter from a picture…
Last month X CEO Linda Yaccarino confirmed that video calls would be coming to the app formerly known as Twitter as part of its transition into an “everything app.” Now, new code in the X app reveals that both audio and video calls will be supported. However, the feature will not be available to all…
If a company wants to offer in-app messaging or voice calls, they don’t have to develop the infrastructure themselves when there’s something like Twilio at their disposal. Likewise, if they want to support payments there’s Stripe, or for maps there’s the mighty Google. But what if a developer is tasked with building real-time multiplayer collaboration…
Kneron, which is developing AI chips to power self-driving cars, among other autonomous machines, today announced that it raised $49 million in an extension to its Series B round from investors including Foxconn, Alltek, Horizon Ventures, Liteon Technology Corp, Adata and Palpilot. Kneron’s CEO, Albert Liu, says that the new tranche, which brings Kneron’s total…
Nx, a startup developing tooling to make it simpler for software dev teams to work within a single code repository, today closed a $16 million Series A round with participation from Nexus Venture Partners and a16z. The funding will be used to expand Nx’s fully managed product, Nx Cloud, to make it more of a…
Snapchat has a new advertising partner in Microsoft for the ads it’s inserting into its AI product, My AI, an AI chatbot introduced earlier this year to the wider Snapchat user base. The company in May said it would begin testing Sponsored Links in My AI — link suggestions that are paired with the user’s…
