Kuku plans to expand beyond India with a U.S. launch slated for next year.
Category: Uncategorized
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OpenAI has five years to turn $13 billion into $1 trillion
Some of America’s most valuable companies are now leaning on OpenAI to fulfill major contracts, notes the FT.
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Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge
Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to report on Monday. The deal underscores the growing importance of secondary markets and buyouts as traditional venture exits remain sluggish. The investment bank is paying $665 million in cash and […]
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Strava eyes IPO as Gen Z trades dating apps for running clubs
Strava, the 16-year-old fitness tracking app, is gearing up to go public, the Financial Times reports. CEO Michael Martin told the FT that the San Francisco company plans to list “at some point,” eyeing capital for more acquisitions. The company, backed by Sequoia Capital, TCV, and Jackson Square Ventures, was last valued at $2.2 billion […]
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Thinking Machines Lab co-founder Andrew Tulloch heads to Meta
AI researcher Andrew Tulloch reportedly announced his departure to employees in a message on Friday.