On February 28, OpenAI announced it had reached a deal that will allow the US military to use its technologies in classified settings. CEO Sam Altman said the negotiations, which the company began pursuing only after the Pentagon’s public reprimand of Anthropic, were “definitely rushed.” In its announcements, OpenAI took great pains to say that…
Intuition Robotics isn’t hurting for funding these days. The Israeli firm announced a $36 million Series B in the early days of the pandemic, and now it’s adding another $25 million. The new raise, which includes $20 million in venture capital and $5 million in venture debt, brings its total raise up to $83 million. […]
While working at his first startup, BrainGenie, a math and science skills practice website, Tim Zheng experienced firsthand the challenge of maintaining a small business — and expanding it. After trying a number of sales prospecting tools and finding that they weren’t that effective in getting the word out to customers, Zheng decided to build […]
Three senior executives are leaving Byju’s as part of a restructuring at the edtech group, the most valuable Indian startup said Tuesday. Mukut Deepak, who led the classes 4-10 business; Himanshu Bajaj, head of the tuition centers, and Prathyusha Agarwal, Byju’s chief business officer are leaving the firm, the Bengaluru-headquartered startup said. Byju’s, valued at […]
WordPress, a company that has been around for 20 years, is now selling domains with a 100-year registration length. That means your blog or website will probably live longer than you. The company announced in a blog post that this 100-year plan is ideal for families to preserve their history on the internet and for […]
During the pandemic, almost all retailers in Asia established an e-commerce presence and adopted digital payments. But one thing that didn’t change was sourcing, say the founders of cross-border marketplace Markato. Retailers still need to travel to overseas trade shows, cold e-mail new brands and fulfill orders by filling out forms and purchase orders. Markato […]
The U.S. Securities and Exchange Commission is suing a non-fungible token project, marking the first time the authority has taken enforcement action against a company for selling unregistered NFTs. Impact Theory, a Los Angeles-based media company, “encouraged potential investors to view the purchase of Founder’s Key [the company’s NFT project] as an investment into the […]
The majority of Vietnam’s population live in rural areas and often lack access to financial services because banks and other institutions open most of their physical locations in cities. MFast wants to change that with what it says is the leading financial services distribution network in Vietnam. The company announced today it has raised $6 […]