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Sapphire Ventures plans to invest over $1B in enterprise AI startups
VC firm Sapphire Ventures says that it plans to invest more than $1 billion in AI-related enterprise startups, demonstrating the strong appetite among investors for cutting-edge AI tech. Reuters reports that the $1 billion in capital will come from Sapphire’s existing funds, which have $10 billion under management and about $3 billion waiting to the […]
Sapphire Ventures plans to invest over $1B in enterprise AI startups by Kyle Wiggers originally published on TechCrunch
The era of tech layoffs is evolving in an interesting way
The era of tech layoffs is not yet past, but it is losing some of its intensity and changing into a unique trend.
The era of tech layoffs is evolving in an interesting way by Alex Wilhelm originally published on TechCrunch
India deals a 28% tax blow to online gaming
India unveiled a significant tax increase on turnovers of online gaming companies on Tuesday evening in a major blow to the fast-growing industry that was quick to label the move as “unconstitutional.” The Goods and Services Tax Council, which comprises top federal and state finance ministers, said it had agreed to levy a 28% indirect […]
India deals a 28% tax blow to online gaming by Manish Singh originally published on TechCrunch
This VC firm uses personality tests and AI to find its next investments
Investors are throwing money at AI startups, so it’s no wonder we’re starting to see them leaning on the tech to save their most precious resource: Time.
This VC firm uses personality tests and AI to find its next investments by Haje Jan Kamps originally published on TechCrunch
Banks, hotels and hospitals among latest MOVEit mass-hack victims
The MOVEit mass-hack has claimed yet more victims, including hotel chain Radisson, U.S.-based 1st Source Bank, real estate giant Jones Lang LaSalle, and Dutch GPS company TomTom. The Clop ransomware gang, which claimed responsibility for the mass data raids targeting corporate customers of Progress Software’s MOVEit file-transfer tool, has already claimed hundreds of victims — […]
Banks, hotels and hospitals among latest MOVEit mass-hack victims by Carly Page originally published on TechCrunch
Savvy, a platform to secure SaaS apps, launches out of stealth with $30M
Software-as-a-service (SaaS) apps are an essential part of how many companies do business. But when the number of apps grows beyond a certain threshold, it can be difficult to secure them. According to Statista, in 2022, organizations worldwide were using an average of about 130 SaaS apps, up from just eight in 2015. The challenge […]
Savvy, a platform to secure SaaS apps, launches out of stealth with $30M by Kyle Wiggers originally published on TechCrunch
Verity brings in another $11M for its inventory drones
Seems were in the middle of drone delivery summer. A few weeks back, Gather AI snapped up competitor, Ware, following an executive shake and soon after, San Jose-based B Garage brought in a $20 million Series A. Today, Swiss startup Verity announced that it’s adding $11 million in funding. The addition is an extension of […]
Verity brings in another $11M for its inventory drones by Brian Heater originally published on TechCrunch