How CNH’s ‘black belt’ M&A head makes deals

Heavy equipment manufacturer CNH Industrial has a long history of mergers and acquisitions, at times supervising legendary brands like Ferrari. But five years ago, as agtech was booming, the global giant was struggling to tap into the startup scene.  The conglomerate turned to one of its longest-tenured executives, a swashbuckling Italian businessman named Michele Lombardi. […]

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

Heavy equipment manufacturer CNH Industrial has a long history of mergers and acquisitions, at times supervising legendary brands like Ferrari. But five years ago, as agtech was booming, the global giant was struggling to tap into the startup scene.  The conglomerate turned to one of its longest-tenured executives, a swashbuckling Italian businessman named Michele Lombardi.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Oyo valuation crashes over 75% in new funding

The valuation of Oyo, once India’s second-most valuable startup at $10 billion, has dipped to $2.4 billion in a new funding round. The Gurugram-headquartered startup has raised $173.5 million in a Series G funding round. InCred Wealth, Patient Capital and J&A Partners invested in the new round. TechCrunch reported in May that Oyo was seeking […]

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

The valuation of Oyo, once India’s second-most valuable startup at $10 billion, has dipped to $2.4 billion in a new funding round. The Gurugram-headquartered startup has raised $173.5 million in a Series G funding round. InCred Wealth, Patient Capital and J&A Partners invested in the new round. TechCrunch reported in May that Oyo was seeking
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Maybe Friend wasn’t crazy for spending $1.8M on a domain after all

Avi Schiffmann, the founder and CEO of Friend, told TechCrunch over email that the purchase has already paid for itself.

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

Avi Schiffmann, the founder and CEO of Friend, told TechCrunch over email that the purchase has already paid for itself.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

It looks a bit like a small lawnmower, but instead of dual handles, a single black pole with a tablet-sized screen attached rises from the machine.It looks a bit like a small lawnmower, but instead of dual handles, a single black pole with a tablet-sized screen attached rises from the machine.[#item_full_content]

Power grid operators, such as National Grid in the UK, rely on high-performance computers to plan grid expansions and to schedule when energy should be produced from different sources. These problems are becoming larger and more complex due to the transition to net zero carbon emissions, and they are now reaching the limits of even the world’s largest supercomputers.Power grid operators, such as National Grid in the UK, rely on high-performance computers to plan grid expansions and to schedule when energy should be produced from different sources. These problems are becoming larger and more complex due to the transition to net zero carbon emissions, and they are now reaching the limits of even the world’s largest supercomputers.[#item_full_content]

California is partnering with tech giant Nvidia to help train the state’s students, college faculty, developers and data scientists in artificial intelligence, officials announced Friday.California is partnering with tech giant Nvidia to help train the state’s students, college faculty, developers and data scientists in artificial intelligence, officials announced Friday.Business[#item_full_content]

OpenAI says it is concerned that a realistic voice feature for its artificial intelligence might cause people to bond with the bot at the cost of human interactions.OpenAI says it is concerned that a realistic voice feature for its artificial intelligence might cause people to bond with the bot at the cost of human interactions.Machine learning & AI[#item_full_content]

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