Image Credits: Slava Blazer / TechCrunch Felicis, the 16-year-old Bay Area-based early-stage venture firm, has a reputation for investing globally. Indeed, firm founder Aydin Senkut — who spent a handful of years at Google as a product manager in its earlier days — was born in Turkey and talks often of the hustle he sees …
The AI revolution has already minted dozens of unicorns—startups valued at $1 billion before going public. Now it could create a whole new type of startup: the one-person unicorn. The idea even got a stamp of approval from OpenAI CEO Sam Altman. Speaking during an interview with Reddit cofounder Alexis Ohanian, Altman said he regularly …
Image Credits: Slava Blazer / TechCrunch Last week, at our first StrictlyVC evening of the year, prominent AI investors Elad Gil and Sarah Guo joined us in San Francisco to talk about how they think about AI investing in a world where deals were getting bid up feverishly two months ago, and where reportedly, some …
TravelPerk CEO and co-founder Avi Meir. TravelPerk TravelPerk primarily uses AI technologies like machine learning and neural networks in the back end to help automate a lot of the manual tasks involved in corporate travel — for example, connecting users with the best prices for flights and accommodation. “Traditionally, if you look at legacy players, …
Cisco CEO Chuck Robbins participates at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Hollie Adams | Bloomberg | Getty Images The valuations of some private companies are “going nuts again,” returning to highs not seen since the Covid-19 pandemic, according to Cisco’s chief executive. Chuck Robbins told CNBC Tuesday that businesses …
Skift Take Another two AI-powered trip planners have raised money this month, plus a startup that detects bed bugs and a new eSIM app. — Justin Dawes Four travel tech startups announced fundraises over the past two weeks totaling more than $15 million. Steller, an AI-powered trip planner and social media app, has raised $5 …
Billionaire investor Chamath Palihapitiya. David Paul Morris/Bloomberg via Getty Images Artificial intelligence has been inescapable this year. After OpenAI released ChatGPT 13 months ago, attention turned to how such tools will disrupt careers and industries—and eager venture capitalists poured billions into AI startups that might do the disrupting. But VCs themselves might get disrupted, according …
Former Meta researchers who developed an AI language model for biology have raised $40 million to build new biological LLMs that can help develop everything from cancer-fighting programmable cells to organisms that clean up toxic waste. Getty Former Meta researchers who developed an AI language model for biology have launched a new startup and raised …