Mike Tong Contributor Mike Tong has over a decade of experience leading GTM strategy and operations for tech and data companies as part of McKinsey TMT, AtSpoke, Splunk and the VC firm B Capital. More posts by this contributor Why it’s so hard to market enterprise AI/ML products and what to do about it Across
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It’s estimated that about a third of all food produced worldwide every year, which is approximately 1.3 billion tons, is estimated to be wasted. Aravita, a Brazilian artificial intelligence startup, thinks that supermarkets are the best place to start fixing this problem. Marco Perlman, co-founder and CEO, started the company with Aline Azevedo and Bruno
Effy is at a crossroads. The energy renovation company based in France is doing well, but it is addressing a market that is much bigger than anticipated. That’s why it is making a bet. The company just closed a €20 million funding round (roughly $22 million at today’s exchange rate) from Felix Capital. This is
Google is launching a new ad transparency center that will let users search for verified advertisers and their campaigns across all of the company’s platforms including Search, Display, and YouTube. This new transparency center — which is accessible directly via this link and through the My Ad Center page — will let you search for
Databricks is launching an AI language model that it says can easily replicate to build their own ChatGPT-like apps. Databricks CEO Ali Ghodsi speaks with Bloomberg Technology’s Ed Ludlow. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:
Sam Parr, founder of HubSpot-acquired newsletter and media brand The Hustle, doesn’t watch “Succession” because “it’s too real” (and because he prefers watching comedy compared to behemoth business billionaires fighting). But when he announced his new project, Hampton, an invite-only club for chief executive officers, the references started rolling. It’s specifically one Succession quote that
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, and welcome to Wednesday Crunch! On everyone’s mind today is the power of AI and whether we’re all doomed. Connie reports that 1,100+ notable signatories just signed an open letter asking
The U.S. Treasury Department’s guidance on battery sourcing requirements for the electric vehicle tax credits will result in fewer vehicles being eligible for full or partial credits, reports Reuters, citing an unnamed U.S. official. The proposed EV credit guidance as included in the Inflation Reduction Act says that in order for vehicles to qualify for
The UK isn’t going to be setting hard rules for AI any time soon. Today, the Department for Science, Innovation and Technology (DSIT) published a white paper setting out the government’s preference for a light-touch approach to regulating artificial intelligence. It’s kicking off a public consultation process — seeking feedback on its plans up to
Earlier this month, YouTube TV launched a new “multiview” feature that allows viewers to watch up to four streams of sports content at once. Now it looks like Apple TV is working on a similar option. Though Apple’s streaming device already supports a picture-in-picture mode, new code discovered in the latest iOS beta points to
It turns out that if you have an active customer audience invested in the long-term viability and success of your platform, you can crowdfund a venture-sized extension round. Substack, a venture-backed subscription media platform popular with writers and known for its email service, has collected more than $5 million in pledges for an extension to
2022 was a tumultuous year for many fintech startups. But for Ramp, it was a year of opportunity. The company shared today that it saw its revenue grow by 4x last year, buoyed by what co-founder and CEO Eric Glyman describes as a desire on the part of companies of all sizes and stages seeking
Pity Donald Trump. He spent four years in office tearing up trade agreements and ranting about rewriting old ones, all to little avail. Now, a key U.S. climate law is doing more to change the dynamics of international trade than any blustering and bullying ever did. The Inflation Reduction Act has been hailed as a
AI is riding high on a curve of hype, which means some of the practical questions that might grow louder over time — the many costs (financial and social), the business models — may not be the most front of mind right now. Today a startup called Fetch.ai is announcing $40 million in funding in
At Spotify’s Stream On event this month, the company introduced a redesigned app with TikTok-like discovery feeds, an AI DJ and other tools for artists and podcasters. But the app’s changes may not be stopping there. The company confirmed it’s now testing a revamp of its user profiles, which includes a card-style layout that lets
A consortium led by Lifelong Group has acquired the distressed firm GoMechanic months after the Sequoia India-backed startup admitted “grave errors” in financial reporting. Lifelong Group, which serves several major players in the automotive industry including Hero and General Motors, said it won the bidding to acquire GoMechanic, whose investors scrambled for a sale earlier
The pandemic brought with it a spike in work-from-home and hybrid work, which increased peoples’ dependence on personal devices — driving businesses to try and rein in their use. It’s been a particular challenge for the financial services industry, which has comparatively strict governance and compliance requirements. In September, the U.S. Securities and Exchange Commission
Google is introducing new extreme heat alerts in Search that are designed to surface information to help people stay safe during heat waves, the company announced on Tuesday. The new heat alerts will roll out in the coming months. Now, when people search for information on extreme heat, they will see information about when a
Payments remains one of the most fragmented of online services, a situation that is only compounded when your business trades internationally. A UK startup called Paytrix says it has raised $18.3 million in funding to build out a solution to fix this: a single platform — and single contract — that lets its customers manage
Digital content and how we consume it continue to endlessly evolve, and with that, so too does the tech that helps manage all of it behind the scenes. In the latest development, Hygraph, a startup out of Berlin that has built a platform around a new, “federated” approach to content management — think: many sources
FinTech Partners founder, CEO and Managing Partner Steve McLaughlin joins Ed Ludlow and Caroline Hyde to discuss the impact of the Silicon Valley Bank fallout on the FinTech space. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:
Building credit is hard when it’s difficult to even get credit. And while it’s not impossible to get loans or credit cards, they are usually offered at high interest rates to the people who can least afford to pay them. One Austin-based startup is out to help people build — or get — credit without
Yesterday, the ride-sharing company Lyft said its two co-founders, John Zimmer and Logan Green, are stepping down from managing the company’s day-to-day operations, though they are retaining their board seats. According to a related regulatory filing, they actually need to hang around as “service providers” to receive their original equity award agreements. (If Lyft is sold
The oversubscribed round is yet another sign of fusion’s maturity Tim De Chant 7 hours One fusion startup is betting that a 70-year-old idea can help it leapfrog the competition, so much so that it’s planning to skip the experimental phase and hook its prototype reactor up to the grid. The decades-old concept, known as
Apple TV+ is getting a new limited series, the company announced yesterday, that is based on a deep-cover investigator who infiltrates online hate groups to monitor and prevent violent attacks and mass shootings. “The Savant” will have eight episodes and stars Jessica Chastain. The show is inspired by the true story published in 2019 by
As a part of its continued quest to inject generative AI into all its products, Microsoft today introduced Security Copilot, a new tool that aims to “summarize” and “make sense” of threat intelligence. In a light-on-the-details announcement, Microsoft pitched Security Copilot as a way to correlate data on attacks while prioritizing security incidents. Countless tools
Sophie Alcorn Contributor Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Ask Sophie: Which visas will allow
The pet industry grew rapidly over the past three years as people, stuck at home during the pandemic, decided to add a furry friend to their families. Analysts say this industry, where spending was $118 billion in 2019, isn’t done with big growth and predict it will more than double by 2030 to $277 billion.
Microsoft is the latest tech giant to be caught in the cross-hairs of Germany’s antitrust authority. The Federal Cartel Office (FCO), aka the Bundeskartellamt, has announced it’s opened a proceeding to determine whether special abuse measures can be applied to the company’s business in Germany — citing Microsoft’s extensive digital ecosystem which it noted cuts across
Google can add another antitrust investigation to its stack. This one has been opened by Spain’s competition authority, the CNMC, which said today it’s concerned about possible anti-competitive practices related to the licensing of news content by local publishers. In a press release it said it is investigating “a series of practices that could involve
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