DEEPX is a South Korean on-device AI chip (NPU, or neural processing unit) startup that makes hardware and software for various AI applications in electronic devices. The company announced this week that it has raised $80 million (KRW 108.5 billion) in a Series C round at a valuation of $529 million (KRW 723 billion), which has surged…
Line Man Wongnai, an on-demand food delivery service in Thailand, is considering an initial public offering on a Thai exchange or the U.S. in 2025. © 2024 TechCrunch. All rights reserved. For personal use only…
India’s mobile payments regulator is likely to extend the deadline for imposing market share caps on the popular UPI payments rail by one to two years, sources familiar with the matter told TechCrunch. The National Payments Corporation of India (NPCI), a special unit of the Reserve Bank of India…
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Share to FacebookShare to TwitterShare to LinkedinTopline Stock buybacks are all the rage right now, highlighted by Apple’s record program announced last week, as public companies pile in nearly $1 trillion worth of buybacks amid the big-tech boom. Meet Apple CEO Tim Cook, the king of stock buybacks. MediaNews Group via Getty Images Key Facts…
Share to FacebookShare to TwitterShare to LinkedinTopline Shares of Shopify were down by the most in the stock’s history in midday trading Wednesday after the e-commerce giant reported a surprising first-quarter loss and warned that last year’s sale of its logistics business could shrink revenue growth this quarter—wiping off more than a billion dollars from…
Hydrow, the at-home rowing machine, announced Thursday that it has acquired a majority stake in Speede Fitness, the company behind the AI-enabled strength training machine. The rowing startup also announced that CEO and founder Bruce Smith will step down, and President and CFO John Stellato will take over day-to-day operations, per CNBC. Smith is now…
Call centers are embracing automation. There’s debate as to whether that’s a good thing, but it’s happening — and quite possibly accelerating. According to research firm TechSci Research, the global market for contact center AI could grow to nearly $3 billion in 2028, from $2.4 billion in 2022. Meanwhile, a recent survey found that around…
Asian shares subdued as China trade eyed, yen steadies after recent falls
India inflation likely slipped in April: Reuters poll





