Fintech startup Ramp nearly doubles valuation to $13B in secondary share sale

Expense management startup Ramp has nearly doubled its valuation to $13 billion after a $150 million secondary share sale, the company announced Monday morning. New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures and Definition Capital bought the secondaries from employees and early investors. […]

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Expense management startup Ramp has nearly doubled its valuation to $13 billion after a $150 million secondary share sale, the company announced Monday morning. New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures and Definition Capital bought the secondaries from employees and early investors.
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Distressing news and traumatic stories can cause stress and anxiety—not only in humans, but also in AI language models, such as ChatGPT. Researchers from the University of Zurich and the University Hospital of Psychiatry Zurich have now shown that these models, like humans, respond to therapy: an elevated “anxiety level” in GPT-4 can be “calmed down” using mindfulness-based relaxation techniques.Distressing news and traumatic stories can cause stress and anxiety—not only in humans, but also in AI language models, such as ChatGPT. Researchers from the University of Zurich and the University Hospital of Psychiatry Zurich have now shown that these models, like humans, respond to therapy: an elevated “anxiety level” in GPT-4 can be “calmed down” using mindfulness-based relaxation techniques.Hi Tech & Innovation[#item_full_content]

HackerPulse wants to help enterprises spot engineering bottlenecks

HackerPulse builds dashboards of information pulled from engineering tools to show how and where engineers spend their time.

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HackerPulse builds dashboards of information pulled from engineering tools to show how and where engineers spend their time.
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Cloudsmith raises $23M to improve software supply chain security

The software supply chain is notoriously porous: a reported 81% of codebases contain high- or critical-risk open source vulnerabilities. A single vulnerability can have a far-reaching impact on the wider software supply chain, as evidenced by the likes of the Log4Shell exploit that saw millions of applications exposed to potential remote code execution hacks via […]

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The software supply chain is notoriously porous: a reported 81% of codebases contain high- or critical-risk open source vulnerabilities. A single vulnerability can have a far-reaching impact on the wider software supply chain, as evidenced by the likes of the Log4Shell exploit that saw millions of applications exposed to potential remote code execution hacks via
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Flora is building an AI-powered ‘infinite canvas’ for creative professionals

With just a few words, AI models can be prompted to create a story, an image, or even a short film. But according to Weber Wong, these models are all “made by non-creatives for other non-creatives to feel creative.” In other words, they’re not built for actual creative professionals. That’s something Wong is hoping to […]

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With just a few words, AI models can be prompted to create a story, an image, or even a short film. But according to Weber Wong, these models are all “made by non-creatives for other non-creatives to feel creative.” In other words, they’re not built for actual creative professionals. That’s something Wong is hoping to
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Last chance! Last 24 hours to save up to $325 on TechCrunch Sessions: AI

Tonight is the night and the clock is winding down to register for TechCrunch Sessions: AI at our Super Early Bird pricing. Register before 11:59 p.m. PT so you can save up to $325 on passes! TC Sessions: AI will bring you invaluable insights into the cutting-edge and ever-evolving world of AI through expert-led main […]

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

Tonight is the night and the clock is winding down to register for TechCrunch Sessions: AI at our Super Early Bird pricing. Register before 11:59 p.m. PT so you can save up to $325 on passes! TC Sessions: AI will bring you invaluable insights into the cutting-edge and ever-evolving world of AI through expert-led main
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

A simple handshake between President Xi Jinping and once-shunned entrepreneur Jack Ma sent Chinese tech stocks booming in recent weeks as it was interpreted as the latest sign the sector is being brought in from the cold—though experts advise caution.A simple handshake between President Xi Jinping and once-shunned entrepreneur Jack Ma sent Chinese tech stocks booming in recent weeks as it was interpreted as the latest sign the sector is being brought in from the cold—though experts advise caution.Business[#item_full_content]

DeepSeek claims ‘theoretical’ profit margins of 545%

Chinese AI startup DeepSeek recently declared that its AI models could be very profitable — with some asterisks. In a post on X, DeepSeek boasted that its online services have a “cost profit margin” of 545%. However, that margin is calculated based on “theoretical income.” It discussed these numbers in more detail at the end […]

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Chinese AI startup DeepSeek recently declared that its AI models could be very profitable — with some asterisks. In a post on X, DeepSeek boasted that its online services have a “cost profit margin” of 545%. However, that margin is calculated based on “theoretical income.” It discussed these numbers in more detail at the end
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

2 days left to save up to $325 on TechCrunch Sessions: AI tickets

Time is ticking to get AI industry insights — and major savings. There are just two days left to save up to $325 and secure your spot at TechCrunch Sessions: AI. But act fast, this special offer ends on March 2 at 11:59 p.m. PT. TC Sessions: AI is an event like no other that […]

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

Time is ticking to get AI industry insights — and major savings. There are just two days left to save up to $325 and secure your spot at TechCrunch Sessions: AI. But act fast, this special offer ends on March 2 at 11:59 p.m. PT. TC Sessions: AI is an event like no other that
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

OpenAI’s startup empire: The companies backed by its venture fund

Since its founding in 2021, OpenAI Startup Fund has invested in over a dozen startups, including many of the hottest startups in AI.

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Since its founding in 2021, OpenAI Startup Fund has invested in over a dozen startups, including many of the hottest startups in AI.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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