Category: Enterprise
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Mistral AI plans IPO
French AI lab, Mistral, is working toward an initial public offering, co-founder and CEO Arthur Mensch said Tuesday in an interview with Bloomberg at the World Economic Forum in Davos. Mistral is “not for sale,” Mensch said, adding that the company plans to open an office in Singapore to focus on the Asia-Pacific region and…
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UK plans ‘digital wallet’ for driver’s licenses and other ID, plus a chatbot powered by OpenAI
Alongside its big public push for AI investments, the U.K. government is also playing a virtual card to catapult itself into the 21st century. Today it announced plans to launch a secure digital wallet to manage government-issued credentials, alongside a chatbot — built in collaboration with OpenAI — to interact with the main GOV.UK portal.…
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Anthropic plans to release a ‘two-way’ voice mode for Claude
Anthropic CEO Dario Amodei says that the company plans to release a “two-way” voice mode for its chatbot, Claude, as well as a memory feature that lets Claude remember more about users and past conversations. Speaking to The Wall Street Journal at the World Economic Forum at Davos, Amodei also revealed that Anthropic expects to…
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Qomodo raises $13.9M to expand BNPL for Italy’s main-street retailers
Payments and financial solutions are two-a-penny at this point, but mostly for online e-commerce. What about physical stores? In 2023 Qomodo, a Milan-based “all-in-one” payment methods aggregator for physical merchants, came out with a €34.5 million ($36.9 million) pre-seed round (mostly debt), which we covered, to expand the BNPL model into other categories. It’s now…
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MoneyHash, which provides single access to payment services in MENA, banks $5.2M
When merchants or companies launch online, they typically start by partnering with one or two payment processors. But as they grow and expand into new regions, they often need to onboard additional payment partners to meet different customer (and sometimes regulatory) needs, a process that comes with some hurdles. That’s given rise to companies to…
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HPE investigating security breach after hacker claims theft of sensitive data
A well-known hacker claims to have stolen source code and user data from the enterprise IT giant © 2024 TechCrunch. All rights reserved. For personal use only. A well-known hacker claims to have stolen source code and user data from the enterprise IT giant © 2024 TechCrunch. All rights reserved. For personal use only.…
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Karmen secures $9.4 million for its revenue-based financing products
French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million at today’s exchange rates) with Seventure Partners buying a stake in the small startup. Financière Arbevel…
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President Trump signs exec order to make Musk’s DOGE commission more official
The Department of Government Efficiency (DOGE), an advisory commission spearheaded by billionaire Elon Musk recommending deep cuts to federal agencies, could soon become more official, should an executive order signed by President Donald Trump pass legal muster. On Monday evening, Trump signed an order that renames the U.S. Digital Service (USDS), which was created in…
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Trump signs exec order delaying TikTok enforcement action for 75 days
President Donald Trump has signed an executive order aimed at restoring TikTok service in the U.S. The order instructs relevant government agencies to “pursue a resolution” that “protects national security” while “saving [TikTok.]” Via the order, Trump is instructing the U.S. Attorney General not to take any action for 75 days to enforce the Protecting Americans…
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UK to unveil ‘Humphrey’ assistant for civil servants with other AI plans to cut bureaucracy
A week after the U.K. government announced a sweeping plan to make big investments into AI, it’s laying out more details around how this will take shape in the public sector. On the agenda: AI assistants to speed up public services; data-sharing deals across siloed departments; and a new set of AI tools — dubbed…