MIT professor Mike Stonebreaker has been at the forefront of database technology for over 50 years. The former Turing Award winner invented the Ingres and Postgres databases and helped launch a number of companies including Streambase Systems (acquired by Tibco in 2013), VoltDB, Tamr and SciDB. Now 80, he knows a thing or two about […]
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Nanonets, a startup using AI to automate back-office processes, has raised $29 million in a new funding round led by Accel India as it seeks to improve the accuracy of automation processes that involve large amounts of unstructured data. Processing unstructured data from documents like invoices, receipts and purchase orders often involves repetitive tasks and […]
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We’re getting closer to this year’s Early Stage get-together in Boston, which means that it’s time to add three more names to our ever-expanding list of whip-smart speakers coming to present, and answer your most burning questions. Today, I’m stoked to announce that Felicis’s Tobi Coker, Quotient AI’s Julia Neagu, and Cellino’s Nabiha Saklayen will […]
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AI might be the “it thing” of the moment. But that doesn’t mean it’s getting easier to deploy. According to 2023 S&P Global survey, about half of companies with at least one AI project in production are still at the pilot or proof-of-concept stages. The reasons for the slow ramp-ups vary, but the commonly cited […]
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Tavus, a four-year-old generative AI startup that helps companies create digital “replicas” of individuals for automated personalized video campaigns, has confirmed a fresh $18 million in funding and revealed that it’s opening its platform for third-parties to integrate its technology into their own software. Reports emerged back in August that Tavus had raised “about $18 […]
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Peak XV is creating an “evergreen” fund bankrolled by its investment partners and extended team, a source familiar with the matter told TechCrunch, as the venture firm seeks to become a significant LP in the firm’s future vehicles and explore investment in new asset classes. The most influential investor in India and Southeast Asia revealed […]
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LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots. Today, the company confirmed a $60 million investment in Bear Robotics, the California startup that makes artificial intelligence-powered server robots for restaurants and other venues — autonomous tray towers on wheels that are […]
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Autonomous vehicle software company Applied Intuition has raised $250 million in a round that values the startup at $6 billion, as it pushes to bring more artificial intelligence to the automotive, defense, construction and agriculture sectors. The eye-popping funding round is the latest example of investor fervor for AI. Applied Intuition appears to have nailed […]
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