Uber to buy delivery arm of Turkey’s Getir
The deal will see Uber paying $335 million at the outset to purchase Getir’s food delivery business. Uber will also pay $100 million for a 15% stake in Getir’s grocery, retail and water delivery business.
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Gather AI, maker of ‘curious’ warehouse drones, lands $40M led by Keith Block’s firm
Gather AI has closed funding from former Salesforce CEO’s firm Smith Point Capital. Its warehouse AI system doesn’t just scan. It seeks out specific data.
India has changed its startup rules for deep tech
India is adjusting startup rules to help more of its deep tech startups with funding and long-term success.
How Elon Musk is rewriting the rules on founder power
Elon Musk has merged SpaceX and xAI, creating what might be the blueprint for a new Silicon Valley power structure. With his $800 billion net worth already rivaling historic conglomerate GE’s peak market cap,…
Reddit says it’s looking for more acquisitions in adtech and elsewhere
Reddit said during earnings it’s looking to buy ‘capabilities’ and ‘companies.’
Fundamental raises $255 million Series A with a new take on big data analysis
Fundamental has built a new foundation model to solve an old problem: how to draw insights from the huge quantities of structured data produced by enterprises.
AI SRE Resolve AI confirms $125M raise, unicorn valuation
The two-year-old startup confirms that it closed a Series A led by Lightspeed at $1 billion valuation.
ElevenLabs raises $500M from Sequoia at an $11 billion valuation
ElevenLabs’ valuation has raised more than three times in the last 12 months.