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Y Combinator is being criticized after it backed an AI startup that admits it basically cloned another AI startup

Y Combinator is being criticized after it backed an AI startup that admits it basically cloned another AI startup

A Y Combinator startup named PearAI launched with an X post thread and YouTube video on Saturday and created immediate controversy. And some of that is splashing onto YC itself. PearAI offers an AI coding editor. The startup’s founder Duke Pan has openly said that it’s a cloned copy of another AI editor called Continue,…

11x.ai, a developer of AI sales reps, has raised $50M Series B led by A16Z, sources say

11x.ai, a developer of AI sales reps, has raised $50M Series B led by A16Z, sources say

11x.ai, a startup that develops AI-powered sales development bots, has secured roughly $50 million in Series B funding, TechCrunch has learned. The new round was led by Andreessen Horowitz, valuing the company at around $350 million, multiple sources told TechCrunch. The recent deal follows the company’s $24 million Series A, which was led by Benchmark…

Cost-conscious Chinese tourists look to affordable options for Golden Week holiday

Cost-conscious Chinese tourists look to affordable options for Golden Week holiday

By Sophie Yu and Casey HallBEIJING/SHANGHAI (Reuters) – Chinese tourists are expected to take longer trips than last year during the Golden Week holiday that kicks off on Tuesday, but that will not necessarily lead to a bump in spending, travel industry experts said.With the economy slowing and consumer confidence hovering just above historic lows,…