China- and U.S.-based Pony.ai said Monday its valuation has surged to $8.5 billion after the first close of its Series D funding round.
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Yesterday
The iPhone just had its best quarter ever; plus, Amazon is reportedly in talks to invest $50B in OpenAI
Growth in regions like China and India are credited with pushing Apple's phone sales higher than ever. Also, If a deal materializes, it would mean Amazon is backing competing startups in the race for AI supremacy. Learn more about your ad choices. Visit podcastchoices.com/adchoic ... Show More
4m 6s
Yesterday
Tesla’s energy storage business is growing faster than any other part of the company; plus, Apple bought Israeli startup Q.AI
Energy storage products like the Megapack, Megablock, and Powerwall drove Also, Apple announced its acquisition of Q.AI for a reported nearly $2 billion, making it the company's second-largest acquisition to date. Learn more about your ad choices. Visit podcastchoices.com/adchoic ... Show More
4m 34s
Jan 29
OpenAI’s Sora app is struggling after its stellar launch; plus, Music Publishers sue Anthropic for $3B
Sora's mobile app downloads fell 45% in January, and consumer spending dropped. Originally, these music publishers had filed a lawsuit against Anthropic over its use of about 500 copyrighted works. Learn more about your ad choices. Visit podcastchoices.com/adchoices
7m 20s
Jan 2024
Byju’s seeks new funding at less than $2 billion valuation, a 90% drop
Byju’s, once valued at $22 billion, is willing to cut its valuation to below $2 billion as it hunts for new funding, a person familiar with the matter told TechCrunch.
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3m 55s
Apr 2024
Ethiopian plastic upcycling startup Kubik gets fresh funding, plans to license out its tech
Kubik, a plastic upcycling startup, has raised a $1.9 million seed extension, months after announcing initial equity investment.
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3m 57s