General Catalyst leads $200M investment into Bilt Rewards, doubling its valuation to $3.1B
Bilt Rewards, whose platform aims to allow consumers to earn rewards on rent and daily neighborhood spend, has raised $200 million at a $3.1 valuation, the company announced today. General Catalyst led the financing, which more than doubles the New York-based company’s valuation compared to its $150 million October 2022
Read moreHashtag Trending Jan.24- Mother of all breaches leaks 26 billion user records; Gen Z more likely to fall for cyber scams; Humanoid robots make their way to BMW’s auto plants
The mother of all breaches has leaked 26 billion user records, Gen Z are more likely to fall for a phishing or other cyber scam, humanoid robots are making their way to BMW’s auto plants and maybe we haven’t learned much in decades about the risks of using technology in
Read moreGoogle’s Gradient backs Send AI to help enterprises extract data from complex documents
A fledgling Dutch startup wants to help companies extra data from large volumes of complex documents where accuracy and security is paramount — and it has just secured the backing of Google’s Gradient Ventures to do so. Send AI, as the startup is called, is taking on established incumbents in
Read moreThe World’s 10 Biggest Companies Revealed
The landscape of corporate giants have certainly changed in the last 20 years. In an era rife with smartphones, AI, blockchain, 5G, it comes with no surprise that technology dominates the stock market, with seven technology companies like Apple, Amazon and Tesla occupying the top 10. Although the Oil and
Read moreThe demands of regulated industries helped this startup raise $8M for its conversational AI approach
As conversational AI begins to take over the world, chatbots are being given a new lease of life. However, there are clear hazards on the road ahead. Parcel delivery giant DPD recently had to disable part of its online support chatbot after it swore at a customer. A user managed to
Read moreAn increasing consumer appetite for sustainable packaging is powering a new wave of startups
With the packaging market being valued at as much as €1 trillion globally it’s become a ripe field for startups to engage this market with digital products that can bring efficiency to a highly traditional industry. This is perhaps why Packmatic, a Berlin-based digital packaging marketplace has raised a €15 million
Read moreTop 4 Trends Predicted to Influence Data in 2024
The data era is in full swing, yet it’s only getting started. Every year brings new developments to the data space. In 2023, AI and cybercrime raised data’s profile and spread the importance of managing this crucial asset. What can we anticipate from the data market this year? According to
Read moreeBay plans to cut 1,000 jobs because it couldn’t grow enough
E-commerce company eBay said today that it plans to let go of 1,000 employees or around 9% of its workforce due to the ongoing economic conditions. The company said in a blog post that it also plans to cut contract roles in the coming months. The company’s CEO Jamie Iannone
Read moreKittl raises another $36 million for its browser-based design tool
Just a year after raising $11.6 million, Kittl raised another $36 million in a Series B round led by IVP with some existing investors participating once again. The Berlin-based startup has been working on a graphic design tool that you can use in your web browser without having to install
Read moreGlobal tech spend set to grow a healthy 5.3% in 2024, says Forrester
Technology companies faced a difficult 2023 due to a range of issues, but this year looks far brighter, new findings from Forrester Research reveal. Forrester is predicting that, after last year, where the overall technology spend growth reached only 3.9 per cent, improving economic conditions as a result of lower
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