Betaworks is embracing the AI trend not with yet another LLM, but instead a clutch of agent-type models automating everyday tasks that nevertheless aren’t so simple to define. The investor’s latest “Camp” incubator trained up and funded 9 AI agent startups they hope will take on today’s more tedious tasks. The use cases for many […]
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Apple is opening up web distribution for iOS apps targeting users in the European Union from today. Developers who opt in — and who meet Apple’s criteria, including app notarization requirements — will be able to offer iPhone apps for direct download to EU users from their own websites. It’s a massive change for a […]
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Bay Bridge Ventures’ fundraising efforts come at a time when venture investors appear to be increasingly bullish on climate tech.
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Cybersecurity has had a rough go of it lately, with investment in the sector dropping a precipitous 40% compared to the year prior. But there are promising early, even preliminary, signs of a recovery. The vast majority of chief information security officers reported higher budgets for 2024, according to the cybersecurity-focused VC firm NightDragon. And, […]
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Jaclyn Johnson and Angeline Vuong were on a hike deliberating how hard it can be for people to get started in angel investing when they realized they had stumbled upon a startup idea. Today they are the co-founders of Cherub, a marketplace that pairs angel investors with entrepreneurs. Vuong spent nearly five years working in […]
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Overall, 16% of Maven’s portfolio companies have reached a minimum $500 million exit or valuation, which is 10x industry average, the firm said.
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Tesla’s layoffs and executive departures took a bite out its share price this week. The well-known electric vehicle company shed around 10% of its staff, impacting an estimated 14,000 staff or more. Two well-known executives also decided it was time to move on. In response to the news, shares of Tesla lost ground. The company’s […]
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