Apple may be developing its own AI wearable, according to a report published Wednesday by The Information. The device will be a pin that users can wear on their clothing, and that comes equipped with two cameras and three microphones, the report says. Should the rumored device come to market, it would mark another sign … Read more
Newsrooms have been experimenting with AI for several years now but, for the most part, those efforts have been just that: experiments. A relatively unknown startup, Symbolic.ai, wants to change that, and it just signed a major deal with News Corp, the media conglomerate owned by Rupert Murdoch. News Corp, the major assets of which … Read more
Nvidia has struck a non-exclusive licensing agreement with AI chip competitor Groq. As part of the deal, Nvidia will hire Groq founder Jonathan Ross, president Sunny Madra, and other employees. CNBC reported that Nvidia is acquiring assets from Groq for $20 billion; Nvidia told TechCrunch that this is not an acquisition of the company and … Read more
Bending Spoons, a company that buys and revitalizes stagnating tech companies, has agreed to purchase Eventbrite for about $500 million, a far cry from the $1.76 billion the company was worth when it went public in 2018. Just like many of Bending Spoons’ previous acquisitions, including Evernote, Meetup, Vimeo, and AOL, Eventbrite has a strong … Read more
Sales automation startup Clay has raised a $100 million Series C at a $3.1 billion valuation in a round led by CapitalG, confirming TechCrunch’s report from June. The financing follows a $1.25 billion Series B round from six months ago and a $1.5 billion Sequoia-led tender offer announced a couple of months ago, which allowed … Read more