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Sources: Mistral AI raising at a $6B valuation, SoftBank ‘not in’ but DST is

May 9, 2024

Paris-based Mistral AI, a startup working on open source Large Language Models — the building block for generative AI services — has been raising money at a $6 billion valuation, three times its valuation in December, to compete more keenly against the likes of OpenAI and Anthropic, TechCrunch has learned from multiple sources. We understand […]

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Google I/O 2024: What to expect

May 9, 2024

You can expect plenty of AI, but probably not a lot of hardware.

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Bumble says it’s looking to M&A to drive growth

May 9, 2024

Dating apps and other social friend-finders are being put on notice: Dating app giant Bumble is looking to make more acquisitions.

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Blackboard founder transforms Zoom add-on designed for teachers into business tool

May 9, 2024

When Class founder Michael Chasen was in college, he and a buddy came up with the idea for Blackboard, an online classroom organizational tool. His original company was acquired for $1.64 billion in 2011. Chasen later developed Class, a Zoom add-on, during the pandemic to help teachers make better use of the Zoom in a […]

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Rowing startup Hydrow acquires a majority stake in Speede Fitness as their CEO steps down

May 9, 2024

Hydrow, the at-home rowing machine, announced Thursday that it has acquired a majority stake in Speede Fitness, the company behind the AI-enabled strength training machine. The rowing startup also announced that CEO and founder Bruce Smith will step down, and President and CFO John Stellato will take over day-to-day operations, per CNBC. Smith is now […]

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