Invesco raises its valuation of Swiggy to $13.3B

Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food delivery and quick-commerce startup.

© 2024 TechCrunch. All rights reserved. For personal use only.

Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food delivery and quick-commerce startup.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Tier becomes Dott following the merger of the two micromobility companies

With this merger, Dott and Tier didn’t want to build a conglomerate of micromobility services; the operation was all about scale.

© 2024 TechCrunch. All rights reserved. For personal use only.

With this merger, Dott and Tier didn’t want to build a conglomerate of micromobility services; the operation was all about scale.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Y Combinator is being criticized after it backed an AI startup that admits it basically cloned another AI startup

A Y Combinator startup named PearAI launched with a tweet thread and YouTube video on Saturday and caused an immediate backlash.

© 2024 TechCrunch. All rights reserved. For personal use only.

A Y Combinator startup named PearAI launched with a tweet thread and YouTube video on Saturday and caused an immediate backlash.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

11x.ai, a developer of AI sales reps, has raised $50M Series B led by A16Z, sources say

11x.ai, a startup that develops AI-powered sales development bots, has secured roughly $50 million in Series B funding, TechCrunch has learned. The new round was led by Andreessen Horowitz, valuing the company at around $350 million, multiple sources told TechCrunch. The recent deal follows the company’s $24 million Series A, which was led by Benchmark […]

© 2024 TechCrunch. All rights reserved. For personal use only.

11x.ai, a startup that develops AI-powered sales development bots, has secured roughly $50 million in Series B funding, TechCrunch has learned. The new round was led by Andreessen Horowitz, valuing the company at around $350 million, multiple sources told TechCrunch. The recent deal follows the company’s $24 million Series A, which was led by Benchmark
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Policymakers across the globe are grappling with the vast implications of advances in artificial intelligence technology, including how these tools will be used by international organizations.Policymakers across the globe are grappling with the vast implications of advances in artificial intelligence technology, including how these tools will be used by international organizations.Business[#item_full_content]

Artificial intelligence (AI) has changed the world as we know it. It’s been used for everything from health-care monitoring to writing speeches. But the technology’s impact on the environment is becoming a serious concern.Artificial intelligence (AI) has changed the world as we know it. It’s been used for everything from health-care monitoring to writing speeches. But the technology’s impact on the environment is becoming a serious concern.Energy & Green Tech[#item_full_content]

Imagine having to straighten up a messy kitchen, starting with a counter littered with sauce packets. If your goal is to wipe the counter clean, you might sweep up the packets as a group. If, however, you wanted to first pick out the mustard packets before throwing the rest away, you would sort more discriminately, by sauce type. And if, among the mustards, you had a hankering for Grey Poupon, finding this specific brand would entail a more careful search.Imagine having to straighten up a messy kitchen, starting with a counter littered with sauce packets. If your goal is to wipe the counter clean, you might sweep up the packets as a group. If, however, you wanted to first pick out the mustard packets before throwing the rest away, you would sort more discriminately, by sauce type. And if, among the mustards, you had a hankering for Grey Poupon, finding this specific brand would entail a more careful search.[#item_full_content]

Imagine having to straighten up a messy kitchen, starting with a counter littered with sauce packets. If your goal is to wipe the counter clean, you might sweep up the packets as a group. If, however, you wanted to first pick out the mustard packets before throwing the rest away, you would sort more discriminately, by sauce type. And if, among the mustards, you had a hankering for Grey Poupon, finding this specific brand would entail a more careful search.Imagine having to straighten up a messy kitchen, starting with a counter littered with sauce packets. If your goal is to wipe the counter clean, you might sweep up the packets as a group. If, however, you wanted to first pick out the mustard packets before throwing the rest away, you would sort more discriminately, by sauce type. And if, among the mustards, you had a hankering for Grey Poupon, finding this specific brand would entail a more careful search.Robotics[#item_full_content]

Series, a GenAI game development platform, has quietly raised $28M from Netflix, Dell, a16z, others

It’s been quite the year for game industry exec Pany Haritatos. 
Last month, he quietly closed an oversubscribed $28 million from Netflix, Dell a16z, and others.

© 2024 TechCrunch. All rights reserved. For personal use only.

It’s been quite the year for game industry exec Pany Haritatos. 
Last month, he quietly closed an oversubscribed $28 million from Netflix, Dell a16z, and others.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

California Governor Gavin Newsom has vetoed a bill aimed at regulating powerful artificial intelligence models following pushback from tech giants and critics who argued the law went too far.California Governor Gavin Newsom has vetoed a bill aimed at regulating powerful artificial intelligence models following pushback from tech giants and critics who argued the law went too far.Business[#item_full_content]

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