Typeface, which is building generative AI for brands, raises $100M at a $1B valuation

June 29, 2023

In 2022, Abhay Parasnis, the former CTO of Adobe, founded Typeface, a generative AI startup focused on enterprise use cases. With it, he hoped to leverage generative AI — which at the time was just beginning to come into vogue — to deliver personalized content for brands at scale. Typeface, thanks in part to the […]

Typeface, which is building generative AI for brands, raises $100M at a $1B valuation by Kyle Wiggers originally published on TechCrunch

India startup funding slides 68% after Tiger and SoftBank make virtually no deals

June 29, 2023

Indian startups experienced a significant contraction in funding in the first half of 2023, revealing the knock-on effect of broader public market instability on young ventures in emerging regions. The first six months of 2023 saw Indian startups raise a mere $5.46 billion, a substantial 68% decline from the $17.1 billion during the same timeframe […]

India startup funding slides 68% after Tiger and SoftBank make virtually no deals by Manish Singh originally published on TechCrunch

DoorDash offers delivery workers hourly rate, but there’s a catch

June 29, 2023

DoorDash will give delivery workers the option to be paid a guaranteed hourly minimum rate instead of being paid per delivery, the company said Wednesday. The new option, a novelty in the gig worker industry, comes as DoorDash and other app-based gig companies like Lyft and Uber will have to provide New York City delivery […]

DoorDash offers delivery workers hourly rate, but there’s a catch by Rebecca Bellan originally published on TechCrunch

TuSimple may sell US business as it turns attention to Asia

June 28, 2023

Self-driving truck developer TuSimple may sell its U.S. business, the company said in a regulatory filing Wednesday. TuSimple, which is on the verge of being delisted from the Nasdaq stock exchange for failing to file two quarterly reports, said it is exploring strategic alternatives for its U.S. business, including a possible sale. The company also […]

TuSimple may sell US business as it turns attention to Asia by Rebecca Bellan originally published on TechCrunch

The Emergent Industrial Metaverse

June 28, 2023
The industrial metaverse has the potential to virtually and literally revolutionize the real world. By merging digital twins with their real-world counterparts, companies can optimize production and processes in a continuous feedback loop at previously unattainable speeds. This convergence of digital and real worlds will change the way we work and collaborate, enabling real-time interaction…