When Hindenburg Research posts a blog on its website, it often means that a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday that he has shut down short-selling firm Hindenburg Research, after seven years of issuing damning reports on high-profile companies, including many of the world’s tech giants […]
As the world continues to work out how to handle the explosion of deepfake content online, it appears that not all AI-created videos are generating controversy. synthesisA London startup that creates products around highly realistic AI avatar technology, says it is a big hit with businesses, with around 60,000 of them (1 million users) using
Synthesia Secures $180M at $2.1B Valuation for Its B2B AI Video Platform– BC Read More »
Updated December 25 at 12:21 pm Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s artificial intelligence company, has increase $6 billion in a Series C financing round. The company announced this week in which Andreessen Horowitz, Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy
Elon Musk’s xAI raises $6 billion in new cash to fuel AI ambitions– BC Read More »
Big tech companies spent several months this year promoting their investments in nuclear energy. Now, the tide is turning toward renewable energy. Google announced Tuesday that it was funding $20 billion worth of renewable energy projects across the United States. On Wednesday it was Microsoft’s turn, which helped launch the Climate and Communities Investment Coalition
Microsoft anchors $9 billion renewable energy coalition– BC Read More »
Table Space, an Indian managed workspace provider, is targeting a valuation of $2.5 billion or more for an initial public offering planned for next year, sources familiar with the matter told britcommerce. The Bengaluru-based startup has hired Axis as bookrunner for the IPO, sources said. Founded in 2017, Table Space rents large office spaces, transforms
Table Space eyes $2.5 billion valuation in India IPO– BC Read More »
Traditional retailers have a pressing problem. Fast-moving companies like Shein and Temu are taking advantage of purpose-built end-to-end supply chains. Meanwhile, traditional retailers are still stuck on legacy platforms, juggling large amounts of data sets and struggling to respond to an extremely fast-paced market. A London-based startup believes it has the solution to this problem.
Hedosophia Leads $7M Seed Round for Retail Supply Chain AI Startup Ameba– Brit Commerce Read More »
Salesforce is on a buying spree. After acquiring data management company Own earlier this month, Salesforce today… announced Its plans to buy Zoomin, a business knowledge platform. Zoomin, which we’ve talked about several times before, unifies a company’s documents, such as user guides and product tutorials, into one portal. Terms of the deal were not
Salesforce acquires Zoomin, a tool for organizing company knowledge– Brit Commerce Read More »
WordPress hosting service WP Engine sent out a notice on Monday cease and desist letter Automattic after the latter’s CEO Matt Mullenweg called WP Engine a “cancer for WordPress” last week. The notice asks Automattic and Mullenweg to retract their comments and stop making statements against the company. Today WP Engine sent a “cease and
Open Weba New York startup whose tools help publishers engage with users, has a particular problem. Its co-founder CEO won’t be leaving, even though it announced a new CEO. According to CTechOn Tuesday, OpenWeb President Tim Harvey sent an email to employees, saying he would become CEO and thanking longtime CEO Nadav Shoval for his
Drama at OpenWeb: New CEO announced, founding CEO says he’s staying– Brit Commerce Read More »
