SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers’ agents use to a select few like Nvidia’s NemoClaw.
Bumble’s paying users are slipping as it bets on an overhaul later this year
The company is making a big bet that the swiping model is outdated and most matches never turn into actual dates. The company wants to fix that by redesigning profiles, changing how people interact, and focusing a lot more on getting users to meet in r…
Altara secures $7M to bridge the data gap that’s slowing down physical sciences
Altara’s AI aims to diagnose failures and help speed up R&D by unifying data siloed across spreadsheets and legacy systems.
Lucid Motors doesn’t know how many EVs it will build this year
Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a companywide cost-cutting measure.
As crypto cools, a16z crypto raises a $2.2B fund
As some of the biggest VCs in crypto start to consider funding AI startups, a16z crypto’s new fund will stay the course.