Startup
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Alan raises $193M in Series F funding to hit $4.5B valuation
French health insurance startup Alan has raised €173 million (approximately $193 million) in a Series F funding round led by Belfius, one of Belgium’s largest banks. The deal, which also includes a distribution partnership, pushes…
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Indian Startup Oyo Buys Motel 6 for $525 Million
Oyo, one of India’s largest startups, has agreed to purchase G6 Hospitality, the operator of Motel 6, for $525 million in an all-cash transaction. The deal, which also includes G6’s Studio 6 extended stay brand,…
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AI Startup 11x.ai Raises $24M Series A to Revolutionize Process Automation
11x.ai, a startup focused on automating workflows through AI bots, has raised $24 million in a Series A funding round led by Benchmark. The company, which specializes in creating “automated digital workers,” aims to replace…
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HyperWrite Unveils World’s Most Powerful Open-Source AI Model, Reflection 70B
HyperWrite’s Reflection 70B, a new large language model (LLM) based on Meta’s Llama 3.1-70B Instruct, has been introduced by Matt Shumer, CEO of HyperWrite. Shumer claims that Reflection 70B is now the most powerful open-source…
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Salesforce unveils new AI models to transform sales automation
Salesforce has introduced two new advanced artificial intelligence models, xGen-Sales and xLAM, which aim to revolutionize sales and business automation. These models reflect Salesforce’s continued investment in AI technologies designed to increase efficiency and automation,…
