AvatarTechCrunchAvatarAvatar21 hours agoCoro, building cybersecurity for SMBs, locks down $100M at a $750M valuationverified_publisherTechCrunch - Ingrid LundenEnterprises and other large organizations have long been a lucrative and obvious target for cybercriminals, but in recent years — thanks to more sophisticated breach techniques and the rise of AI — small and medium businesses are now also very much on the map. Now, Coro — one of the startups …
AvatarTechCrunchAvatarAvatar22 hours agoThis startup believes mobile apps for businesses should work more like consumer appsverified_publisherTechCrunch - Romain DilletHave you noticed the massive gap between consumer and business apps on your phone? While consumer apps are both beautifully designed and easy to use, business apps are simply painful to use. A European startup is developing a suite of B2B apps that are designed for mobile first because phones have …
AvatarTechCrunchAvatarAvatar1 day agoAmazon doubles down on Anthropic, completing its planned $4B investmentverified_publisherTechCrunch - Devin ColdeweyAmazon invested a further $2.75 billion in growing AI power Anthropic on Wednesday, following through on the option it left open last September. The $1.25 billion it invested at the time must be producing results, or perhaps they’ve realized that there are no other horses available to back. The …
AvatarTechCrunchAvatarAvatar1 day agoObserve, the data observability platform, raises $115M with Snowflake investingverified_publisherTechCrunch - Ingrid LundenEnterprises today store and use data across an ever-growing number of applications and locations, making it challenging — if not impossible — to manage and query that data in a holistic way. That spells opportunity for startups building tools to stitch together that fragmentation, and today one of …
AvatarTechCrunchAvatarAvatar1 day agoDatabricks spent $10M on new DBRX generative AI model, but it can’t beat GPT-4verified_publisherTechCrunch - Kyle WiggersIf you wanted to raise the profile of your major tech company and had $10 million to spend, how would you spend it? On a Super Bowl ad? An F1 sponsorship? You could spend it training a generative AI model. While not marketing in the traditional sense, generative models are attention grabbers — and …
AvatarTechCrunchAvatarAvatar2 days agoAdobe’s Firefly Services makes over 20 new generative and creative APIs available to developersverified_publisherTechCrunch - Frederic LardinoisAdobe today announced Firefly Services, a set of more than 20 new generative and creative APIs, tools and services. Firefly Services makes some of the company’s AI-powered features from its Creative Cloud tools like Photoshop available to enterprise developers to speed up content creation in their …
AvatarTechCrunchAvatarAvatar2 days agoWith Affinity acquisition, Canva should be able to compete better with Adobe’s creative toolsverified_publisherTechCrunch - Ron MillerCanva, the high-flying Australian design and visual communication startup, announced today it was acquiring Affinity (formerly Serif), a creative tools company based in the U.K. Bloomberg reported that the deal was worth several hundred million pounds (approximately $380 million U.S.), and the …
AvatarTechCrunchAvatarAvatar2 days agoAdobe’s GenStudio brings brand-safe generative AI to marketersverified_publisherTechCrunch - Frederic LardinoisBrands want to use generative AI to personalize their marketing efforts — but they are also deathly afraid of AI going off message and ruining their brand. At its annual Summit conference in Las Vegas, Adobe today announced GenStudio, a new application that helps brands create content and measure …
AvatarTechCrunchAvatarAvatar3 days agoAI and data infrastructure drives demand for open source startupsverified_publisherTechCrunch - Paul SawersA new report highlights the demand for startups building open source tools and technologies for the snowballing AI revolution, with the adjacent data infrastructure vertical also heating up. Runa Capital, a venture capital (VC) firm that left Silicon Valley and moved its HQ to Luxembourg in 2022, …
AvatarTechCrunchAvatarAvatar3 days agoLondon regtech GSS raises $47M to help banks screen for global sanctionsverified_publisherTechCrunch - Paul SawersGlobal Screening Services (GSS), a London-based regulatory compliance platform that helps financial institutions meet their global sanctions obligations, has raised $47 million in a round of funding. The raise comes amid a spike in economic sanctions, with the U.S. issuing trade-restrictions and …
AvatarTechCrunchAvatarAvatar4 days agoNvidia could be primed to be the next AWSverified_publisherTechCrunch - Ron MillerNvidia and Amazon Web Services, the lucrative cloud arm of Amazon, have a surprising amount in common. For starters, their core businesses emerged from a happy accident. For AWS, it was realizing that it could sell the internal services — storage, compute and memory — that it had created for itself …
AvatarTechCrunchAvatarAvatar6 days agoUK confirms in-depth antitrust probe into Three and Vodafone’s planned $19B mergerverified_publisherTechCrunch - Paul SawersThe U.K.’s Competition and Markets Authority (CMA) has confirmed that it’s launching a formal “phase 2” investigation into the planned merger between Vodafone and Three UK. The CMA says that the deal could lead to higher prices for consumers, while also impact future infrastructure investments. …