Sources: AI vision startup Metropolis is buying Oosto (formerly known as AnyVision) for just $125M

January 20, 2025

The general hype around all things AI is not lifting all boats: certain startups continue to struggle and are looking for exits. In one of the latest developments, TechCrunch has heard from a reliable source that Metropolis, an AI-powered parking platform, is buying Oosto, the controversial computer vision company that used to be known as […]

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Blinkit signals costly battle ahead in Indian quick commerce market

January 20, 2025

Quick commerce leader Blinkit is accelerating its expansion and expects continued losses as competition intensifies in India’s instant delivery market. The Zomato-owned company now aims to reach 2,000 dark stores – small warehouses in residential areas that exclusively service online orders – by December 2025, a year ahead of its previous guidance, after exceeding 1,000 […]

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X is rolling out a dedicated vertical video feed for US users

January 20, 2025

Social network X is trying to capitalize on the removal of ByteDance apps like TikTok and Lemon8 from U.S. app stores by launching a dedicated vertical video feed. The company is adding a video tab in the app’s bottom bar for users in the U.S. to let them quickly access video content on the platform. […]

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How African VC firm Oui Capital returned its first fund with Moniepoint’s unicorn exit

January 20, 2025

At a recent investor meeting, early-stage African investor Oui Capital informed limited partners that it had returned its $4 million debut fund following the sale of some shares in the business banking platform Moniepoint. The African fintech unicorn has so far proven to be a standout investment for five-year-old Oui Capital. When it launched its […]

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Bluesky launches a custom feed for vertical videos

January 20, 2025

It is the product shipping time for all social networks with TikTok’s services in the restoration phase, and the app still unavailable in the App Store and the Play Store. Bluesky said Sunday that it is launching a custom feed for vertical video in its app. Users can see a trending videos section in the explore tab […]

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AI benchmarking organization criticized for waiting to disclose funding from OpenAI

January 19, 2025

An organization developing math benchmarks for AI didn’t disclose that it had received funding from OpenAI until relatively recently, drawing allegations of impropriety from some in the AI community. Epoch AI, a nonprofit primarily funded by Open Philanthropy, a research and grantmaking foundation, revealed on December 20 that OpenAI had supported the creation of FrontierMath. […]

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The Pentagon says AI is speeding up its ‘kill chain’

January 19, 2025

Leading AI developers, such as OpenAI and Anthropic, are threading a delicate needle to sell software to the United States military: make the Pentagon more efficient, without letting their AI kill people. Today, their tools are not being used as weapons, but AI is giving the Department of Defense a “significant advantage” in identifying, tracking, […]

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Meta announces a new video editing app called Edits amidst TikTok and CapCut ban

January 19, 2025

Meta today announced a new video editing app called Edits, after ByteDance’s video editing app CapCut was removed from Apple’s App Store and the Google Play Store as part of the TikTok ban. Instagram head Adam Mosseri (pictured above) said on Threads that the app will launch next month on iOS, with an Android version […]

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TikTok is restoring service in the US

January 19, 2025

Barely more than 12 hours after TikTok went dark in the United States, the video-sharing app is coming back online. “In agreement with our service providers, TikTok is in the process of restoring service,” the company said in a statement. “We thank President Trump for providing the necessary clarity and assurance to our service providers […]

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