Cohere raises $500M to beat back generative AI rivals
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Cohere raises $500M to beat back generative AI rivals

Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million in new cash from investors including Cisco, AMD and Fujitsu. Bloomberg says that the round, which also had participation from Canadian pension investment manager PSP Investments and Canada’s export credit agency EDC, values Toronto-based Cohere at $5.5 billion. That’s more than double […]

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Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million in new cash from investors including Cisco, AMD and Fujitsu. Bloomberg says that the round, which also had participation from Canadian pension investment manager PSP Investments and Canada’s export credit agency EDC, values Toronto-based Cohere at $5.5 billion. That’s more than double
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Fintech Fragment eases bank account reconciliation, nabs $9M from Stripe, Jack Altmam, others
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Fintech Fragment eases bank account reconciliation, nabs $9M from Stripe, Jack Altmam, others

Fragment’s digital ledger API applies real-time, double entry accounting to find where things aren’t adding up.

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Fragment’s digital ledger API applies real-time, double entry accounting to find where things aren’t adding up.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Linx emerges from stealth with $33M to lock down the new security perimeter: Identity
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Linx emerges from stealth with $33M to lock down the new security perimeter: Identity

Identity management is one of the most common fulcrums around which security breaches have pivoted in the last several years. One of the main reasons it has become the gift that keeps on giving to malicious hackers is that it’s a nightmare for organizations to track. A security startup founded in Tel Aviv called Linx […]

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Identity management is one of the most common fulcrums around which security breaches have pivoted in the last several years. One of the main reasons it has become the gift that keeps on giving to malicious hackers is that it’s a nightmare for organizations to track. A security startup founded in Tel Aviv called Linx
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

From Yandex’s ashes comes Nebius, a ‘startup’ with plans to be a European AI compute leader
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From Yandex’s ashes comes Nebius, a ‘startup’ with plans to be a European AI compute leader

Subject to shareholder approval, Yandex N.V. is adopting the name of one of its few remaining assets, an AI cloud platform called Nebius AI which it birthed last year.

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Subject to shareholder approval, Yandex N.V. is adopting the name of one of its few remaining assets, an AI cloud platform called Nebius AI which it birthed last year.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Unpacking how Alphabet’s rumored Wiz acquisition could affect VC
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Unpacking how Alphabet’s rumored Wiz acquisition could affect VC

Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. TechCrunch’s sources heard similar and added that deal discussions could last into next week. If this deal does end up getting done, it would be Alphabet’s largest acquisition yet. It […]

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Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. TechCrunch’s sources heard similar and added that deal discussions could last into next week. If this deal does end up getting done, it would be Alphabet’s largest acquisition yet. It
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Strava’s next chapter: New CEO talks AI, inclusivity, and why ‘dark mode’ took so long
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Strava’s next chapter: New CEO talks AI, inclusivity, and why ‘dark mode’ took so long

TechCrunch sat down with Strava’s new CEO in London for a wide-ranging interview, delving into what the company is prioritizing, and what we can expect in the future as the company embarks on its “next chapter.”

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

TechCrunch sat down with Strava’s new CEO in London for a wide-ranging interview, delving into what the company is prioritizing, and what we can expect in the future as the company embarks on its “next chapter.”
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Lavish parties and moral dilemmas: 4 days with Silicon Valley’s MAGA elite at the RNC
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Lavish parties and moral dilemmas: 4 days with Silicon Valley’s MAGA elite at the RNC

All week at the RNC, I saw an event defined by Silicon Valley. But I also saw the tech elite experience flashes of discordance.

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All week at the RNC, I saw an event defined by Silicon Valley. But I also saw the tech elite experience flashes of discordance.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

These startups are trying to prevent another CrowdStrike-like outage, according to VCs
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These startups are trying to prevent another CrowdStrike-like outage, according to VCs

The global outage is a perfect reminder how much of the world relies on technological infrastructure.

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

The global outage is a perfect reminder how much of the world relies on technological infrastructure.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

M&A activity heats up with Wiz, Graphcore, etc.
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M&A activity heats up with Wiz, Graphcore, etc.

This week, Google is in discussions to pay $23 billion for cloud security startup Wiz, SoftBank acquires Graphcore, and more.

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

This week, Google is in discussions to pay $23 billion for cloud security startup Wiz, SoftBank acquires Graphcore, and more.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Last chance today: Secure major savings for TechCrunch Disrupt 2024!
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Last chance today: Secure major savings for TechCrunch Disrupt 2024!

Today is the final chance to save up to $800 on TechCrunch Disrupt 2024 tickets. Disrupt Deal Days event will end tonight at 11:59 p.m. PT. Don’t miss out on this opportunity to save big on the tech conference of the year. Book your last-minute ticket savings here. Why attend TechCrunch Disrupt 2024? TechCrunch Disrupt […]

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

Today is the final chance to save up to $800 on TechCrunch Disrupt 2024 tickets. Disrupt Deal Days event will end tonight at 11:59 p.m. PT. Don’t miss out on this opportunity to save big on the tech conference of the year. Book your last-minute ticket savings here. Why attend TechCrunch Disrupt 2024? TechCrunch Disrupt
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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