Business
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Ex-Duolingo Leaders Raise $13M for College Access Startup
Three former Duolingo executives are turning their attention to higher education with a new venture, Outsmart Education, which has raised $13 million in seed funding. The startup, still operating in stealth mode, aims to make…
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Productivity Hacks Fall Short According to a16z VC Who Found Startup Success
Andreessen Horowitz general partner Martin Casado, who sold his networking startup Nicira to VMware for $1.25 billion, challenged popular productivity trends at TechCrunch Disrupt last week, suggesting that such hacks might not be the secret…
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DevRev Becomes AI Unicorn After Raising $100.8 Million in Series A
DevRev has secured $100.8 million in Series A funding, achieving a $1.15 billion valuation. This funding round, led by Khosla Ventures with contributions from Mayfield Fund, Param Hansa Values, U First Capital, and other notable…
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Lucid CEO Defends $1.75 Billion Capital Raise After Stock Plunge
Lucid CEO Peter Rawlinson clarified that Wall Street misunderstood the company’s recent $1.75 billion capital raise, a move that led to a significant drop in Lucid’s stock price last Thursday. The offering involved the sale…
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AI Evolution: Hugging Face, Nvidia, and OpenAI Pioneering Small Language Models
Three major players in artificial intelligence unveiled compact language models this week, signaling a major shift in the AI industry. Hugging Face, Nvidia in partnership with Mistral AI, and OpenAI have each released small language…