DeepL, a startup that develops AI-powered text translation and writing tools, has raised $300 million in funding, valuing the company at $2 billion. The round was led by Index Ventures, highlighting the growing interest in AI startups.
Source: https://techcrunch.com/
2024-05-22 01:05:18 PM |
Granola, a startup, introduces an AI-powered notepad app that combines human notes with AI-generated notes based on a meeting transcript. Unlike other AI transcription apps, Granola takes a collaborative approach, allowing users to guide the AI in identifying key takeaways.
Source: https://techcrunch.com/
2024-05-22 01:05:18 PM |
Source: https://techcrunch.com/
2024-05-22 01:05:17 PM |
Source: https://techcrunch.com/
2024-05-22 01:05:17 PM |
Unify, a British startup founded by an Imperial College alum, has created a router tool that helps developers select suitable large language models (LLMs) for specific tasks, considering factors like cost, speed, and accuracy.
Source: https://techcrunch.com/
2024-05-22 01:05:17 PM |
Praktika, a language-learning app, has secured $35.5 million in funding. The app uses AI-powered avatars to provide personalized language lessons, mimicking the experience of having a private tutor. With 1.2 million active users, Praktika aims to revolutionize language learning with its innovative approach.
Source: https://techcrunch.com/
2024-05-22 12:35:18 PM |
Humane, the company behind the Ai Pin, is looking for a buyer with a price tag of $750 million to $1 billion. The sale process is in its early stages, and the company's valuation has never been officially disclosed.
Source: https://techcrunch.com/
2024-05-22 12:15:14 PM |
Oyo, a budget hotel chain, withdrew its IPO application from the Securities and Exchange Board of India (SEBI) for the second time. The Gurugram-headquartered startup initially filed paperwork in 2021 but pulled the plug on its IPO plans, citing no specific reason.
Source: https://techcrunch.com/
Business | Rating: 41 | 2024-05-22 09:25:04 AM |
Ore Energy, a company, has emerged from stealth mode to focus on building long-duration energy storage solutions, specifically massive batteries for the electrical grid. The company aims to address energy storage challenges in countries with limited sunlight and wind, like the Netherlands.
Source: https://techcrunch.com/
Energy | Rating: 42 | 2024-05-22 08:05:04 AM |
Paytm's parent company, One 97 Communications, reported a net loss of $66.1 million in Q1, widening from $20.11 million last year. The company's full-year 2024 loss stood at $170 million, down from $213 million in FY23. Revenue grew 25% year-on-year.
Source: https://techcrunch.com/
Finance | Rating: 38 | 2024-05-22 04:25:05 AM |
