Earlier today, Tesla quietly announced new pricing for the China market. The Model 3 and Model Y saw their prices cut drastically, and Tesla finally revealed the pricing for the high performance Plaid edition of the Model S and Model Y, both of which were not previously sold in market. This is the second pricing…
Indian fintech KreditBee has raised an additional $100 million in a funding round, it said, as the lender looks to scale its business in the South Asian market. The new cash infusion is part of the larger Series D funding, which KreditBee said has now closed at $200 million. The new funding, led by Advent…
Ember’s a bit of a weird one. The Southern California firm has two distinct – though not wholly unrelated arms. There’s the smart mug side of the business that launched the startup and the more recent cold chain shipping wing, which leverages its temperature control technology to move things like medical supplies. While it seemed…
Profet AI, a Taiwanese startup that makes auto machine learning software for manufacturers, announced today it has raised $5.6 million in Series A funding. The round was led by Darwin Ventures. Returning investors Hive Ventures, AUO and SVTI also participated, along with Harbinger VC and Jensen Capital Management. Founded in 2018, Profet AI’s customers include…
BMW revealed a prototype for the i Vision Dee concept car during the automaker’s keynote at CES on Wednesday evening. The four-door sedan came out on stage in a crisp white, but later morphed into a variety of colors and patterns to show off Dee’s E-Ink technology, which will allow car owners to configure the…
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Amazon has secured an $8 billion loan in anticipation of market headwinds. Provided by DBS Bank, Mizuho Bank and others, the loan — which will mature in 364 days (January 3, 2024), with an option to extend for another 364 days — will be used for “general corporate purposes,” Amazon said in a filing with…
Prior to becoming CMO at Hum Capital, Scott Brown led marketing for Sapphire Ventures, a $6 billion VC firm based in the U.S. and Europe. He has had a 20+-year career in enterprise technology, holding senior marketing roles at Facebook, Google, Cisco and several startups. Late-stage startups are facing major fundraising headwinds, but early-stage investing…
This was a rough year for customer experience. We’ve been hearing for years how important customer experience is to business, and a whole business technology category has been built around it, with companies like Salesforce and Adobe at the forefront. But due to the economy or lack of employees (perhaps both?), 2022 was a year…
The gigantic technological leap that machine learning models have shown in the last few months is getting everyone excited about the future of AI — but also nervous about its uncomfortable consequences. After text-to-image tools from Stability AI and OpenAI became the talk of the town, ChatGPT’s ability to hold intelligent conversations is the new…