Category: Enterprise

H, the Paris startup founded by Google alums, made a big splash last summer when, out of the blue, it announced a seed round of $220 million, before releasing a single product. Three months later, still without a product, that splash started to look like a catastrophic flood when three of the company’s five co-founders…

Amazon on Wednesday introduced the Echo Show 21, its largest Echo Show yet. The smart display comes with double the viewing area of the existing Echo Show 15, which is also getting an upgrade. The two new devices have better audio quality than the original Echo Show 15, as they come with double the bass…

Pony AI, the Chinese autonomous vehicle startup that’s looking to go public on the Nasdaq stock exchange, now wants to raise around $260 million, according to a new regulatory filing. That’s up from its previous target of around $224 million. To meet the goal, Pony will sell as many as 20 million American depository shares.…

Cable television has long been viewed as a stagnant business, showing little promise for growth over the years. However, Comcast believes it has found a new growth opportunity. On Wednesday, the company announced that it’s spinning off NBCUniversal’s cable television networks — such as CNBC, E!, Golf Channel, MSNBC, Oxygen, SYFY, and USA Network —…

TV Time, a popular TV and movie tracking and recommendations app with more than 30 million registered users, disappeared from Apple’s App Store for several weeks, leading to questions about its future from the app’s avid fan base. Considering that 2.5 million users use the app every month to track what they’re watching and to…

A Chinese lab has unveiled what appears to be one of the first “reasoning” AI models to rival OpenAI’s o1. On Wednesday, DeepSeek, an AI research company funded by quantitative traders, released a preview of DeepSeek-R1, which the firm claims is a reasoning model competitive with o1. Unlike most models, reasoning models effectively fact-check themselves…

The FBI unsealed an indictment yesterday that alleges Joanna Smith-Griffin, founder of the AI startup AllHere Education, engaged in “securities fraud, wire fraud, and aggravated identity theft in connection with defrauding investors” out of nearly $10 million. The FBI claims she misrepresented her company’s revenue, customer base, and cash to investors from at least November…

Insurance has been fertile ground for artificial intelligence innovation, working as it does at the nexus of giant datasets, risk assessment, predictive analytics, fintech and customer service. Federato, a startup riding that momentum, has now raised $40 million to expand its business: an AI-powered underwriting platform to help insurers better understand and respond to risk. …

Manufacturing has been one of the hottest categories in venture this year, but there are still many innovative materials and processes yet to scale. One example is thermoset composites, materials widely used in aerospace and defense due to their high heat resistance and light weight, but which typically have long lead times and high prices…

When Brandon Contino and co-founder Dan Chi were developing Four Growers’ produce-harvesting robots, they practically lived in a greenhouse for an entire year. They coded at a small desk tucked in the back corner and discovered that fertilizer bags can be comfortable beds. “We actually started just running everything off a laptop, and I would…