AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners, and that it closed earlier in December. In an email to TechCrunch, a Perplexity spokesperson declined to comment. The mammoth tranche comes as…
Category: startup
accounting, accounting software, Aiwyn, CPA, cpa software, Enterprise, Funding, Fundraising, Global IT News, Global Security News, revenue cycle, revenue cycle management, Software, startup, Startups
A bad experience with an accounting firm spurred this founder to start Aiwyn
Accounting firms are struggling to adopt high-tech solutions. That’s according to a survey earlier this year from Rightsworks, which found that, while 88% of firms believe tech has had a positive impact on their efficiency, 60% are suffering from disconnected systems, inconsistent processes, and a lack of standardized workflows. Startups like Aiwyn are trying to…
AI, ai alignment, ai safety, Emmett Shear, Exclusive, Funding, Fundraising, Global IT News, Global Security News, scoop, startup, Startups
Ex-Twitch CEO Emmett Shear is founding an AI startup backed by a16z
Emmett Shear, the former CEO of Twitch, is launching a new AI startup, TechCrunch has learned. The startup, called Stem AI, is currently in stealth. But public documents show it was incorporated in June 2023, and filed for a trademark in August 2023. Shear is listed as CEO on an incorporation document filed with the…
Access, App, Apps, Funding, Fundraising, Global IT News, Global Security News, new york city, nyc, restaurant industry, Restaurants, startup, Startups, subscription
Access bets people will pay thousands of dollars a year for guaranteed restaurant reservations
Once, not long ago, booking a table at a hot new restaurant didn’t entail a midnight dash to Resy. Truly, we didn’t know how good we had it then. Hours-long lines out the door are now the norm, not the exception, in major cities from New York to Los Angeles. One reason is that restaurants…
Cybersecurity, Enterprise, enterprise startup, Exclusive, Fundraising, Global IT News, Global Security News, Prequel, startup, Startups, venture capital
Prequel is building a community-driven approach to finding software bugs
Cybersecurity practitioners take a community-driven approach to solving problems. Security researchers share the vulnerabilities they find with the broader cybersecurity community, which allows companies to patch up their security holes before something catastrophic happens. Prequel is looking to bring that same approach to software. The startup is building a database of software failure patterns or…
AI, amd, Enterprise, Funding, Fundraising, generative ai, Global IT News, Global Security News, In Brief, Liquid AI, liquid neural networks, startup, Startups
Liquid AI just raised $250M to develop a more efficient type of AI model
Liquid AI, an AI startup co-founded by robotics luminary Daniela Rus, has raised $250 million in a Series A led by AMD. Per Bloomberg, the round values Liquid AI at over $2 billion. Liquid AI aims to build general-purpose AI systems powered by a relatively new type of AI model called a liquid neural network. Liquid…