Mira Murati, the CTO of OpenAI who announced her departure last month, is raising venture capital funding for a new AI startup. according to Reuters. This startup will reportedly focus on creating AI products based on proprietary models and could raise over $100 million in this round. When he left, Murati wrote in X that […]
Former OpenAI CTO Mira Murati Reportedly Raising Funds for New AI Startup– 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 »
Last year, sound companies 9-year-old Beverly Hills, California-based venture firm, led by general partners Ashton Kutcher, Guy Oseary, and Effie Epstein, announced a new $265 million artificial intelligence fund that was betting big on big modelling companies’ linguistics, including OpenAI. Anthropic and Embracing Face. The plan was to invest in just six companies, a risky
Ashton Kutcher, Effie Epstein and Guy Oseary will arrive at Disrupt 2024 Read More »
Kevin Ryan has had a long and storied career as a key force in New York City technology. He is the founder and CEO of investment firm AlleyCorp, which has invested in a wide variety of startups, and is a serial founder, involved in the early stages of companies such as Business Insider, Zola, Gilt,
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 »
Physics Wallahan Indian edtech startup, has raised $210 million in fresh funding amid a tough funding environment for edtech companies in the country following the collapse of Byju’s, once the largest player in the sector. Physics Wallah said on Friday that the Series B round was led by hedge fund Hornbill Capital, a joint venture
Nick Frosst, co-founder of Canadian AI startup Cohere, valued at $5.5 billion, has been a musician his entire life. He told britcommerce that once he started singing, he never shut up. That remains true today. In addition to his full-time job at Cohere, Frosst is also the frontman of Good Kid, an indie rock band
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 »
Following several rounds of layoffs in 2022 and 2023, Nuro is shifting its business strategy to focus more on the startup’s core self-driving technology rather than owning and operating a fleet of low-speed roadside delivery robots. The company said Wednesday it would begin licensing its autonomous vehicle technology to automakers and mobility providers such as
