Google Cloud eliminates fees charged to customers who leave for rival cloud providers, effective immediately.
confirmed 1 article 2024-01-11
Google Cloud data-transfer fees
Google Cloud's elimination of exit/data-transfer fees may put pressure on Amazon and Microsoft to adopt similar fee waivers.
rumored 1 article 2024-01-11
Google Cloud Amazon Microsoft
OpenAI will pay US builders based on user engagement with their GPTs as part of a GPT builder revenue program.
confirmed 1 article 2024-01-11
OpenAI US builders
OpenAI debuts a GPT Store for paid users to share and find custom chatbots and plans to start sharing revenue in Q1; users have already made 3M+ chatbots so far
Bloomberg · 2024-01-11 · #22
PitchBook reports that female-founded US companies raised $44.4B of $170.59B in VC funding in 2023 and that all-female founding teams raised about $3.1B (down 39% YoY).
confirmed 1 article 2024-01-11
PitchBook 2023 US VC funding by female-founded companies
PitchBook: female-founded US companies raised $44.4B out of $170.59B in VC funding in 2023; companies with all-female founding teams raised ~$3.1B, down 39% YoY
TechCrunch · 2024-01-11 · #16
Female-founded companies in the U.S. raised $44.4 billion out of $170.59 billion total VC funding in 2023.
confirmed 1 article 2024-01-11
Female-founded US companies $44.4B $170.59B 2023
PitchBook: female-founded US companies raised $44.4B out of $170.59B in VC funding in 2023; companies with all-female founding teams raised ~$3.1B, down 39% YoY
TechCrunch · 2024-01-11 · #16
Mubadala, Sofina and other investors commit \u20ac60M to back the planned merger of Tier Mobility and Dott.
confirmed 1 article 2024-01-10
Mubadala Sofina other investors Tier Mobility Dott
The GOP is withholding funding for the Affordable Connectivity Program, a move linked to the FCC's plan to shut it down.
confirmed 1 article 2024-01-10
GOP Affordable Connectivity Program
The FCC plans to shut down the two-year-old Affordable Connectivity Program, which currently has 23M enrolled households, as the GOP withholds funding
Ars Technica · 2024-01-10 · #48
Quora plans to pay bot creators through its creator monetization program.
confirmed 1 article 2024-01-10
Quora bot creators creator monetization program
Quora raised $75M from Andreessen Horowitz and plans to accelerate the growth of Poe and pay bot creators through its creator monetization program
Quora · 2024-01-10 · #47
Quora plans to accelerate the growth of Poe.
confirmed 1 article 2024-01-10
Quora Poe
Quora raised $75M from Andreessen Horowitz and plans to accelerate the growth of Poe and pay bot creators through its creator monetization program
Quora · 2024-01-10 · #47
Andreessen Horowitz invested $75M in Quora.
confirmed 1 article 2024-01-10
Andreessen Horowitz Quora
Quora raised $75M from Andreessen Horowitz and plans to accelerate the growth of Poe and pay bot creators through its creator monetization program
Quora · 2024-01-10 · #47
Quora raised $75M from Andreessen Horowitz in a funding round.
confirmed 1 article 2024-01-10
Quora Andreessen Horowitz
Quora raised $75M from Andreessen Horowitz and plans to accelerate the growth of Poe and pay bot creators through its creator monetization program
Quora · 2024-01-10 · #47
Be Group raised approximately $30 million from VPBank.
confirmed 1 article 2024-01-10
Be Group VPBank
Vietnam-based Be Group, which provides ride-hailing, delivery, and digital financial services, raised ~$30M from VPBank, in a bid to take on Grab and GoTo
Bloomberg · 2024-01-10 · #42
PingSafe had previously raised approximately $3.3M from Peak XV and other investors.
confirmed 1 article 2024-01-10
PingSafe Peak XV other investors
SentinelOne acquires Bengaluru-based cloud security provider PingSafe, sources say at a $100M+ valuation; PingSafe had raised ~$3.3M from Peak XV and others
TechCrunch · 2024-01-10 · #41
Bengaluru-based Impact Analytics raises $40M in a funding round led by Sageview Capital.
confirmed 1 article 2024-01-10
Impact Analytics Sageview Capital
Bengaluru-based Impact Analytics, which offers retail, grocery, CPG, and supply chain planning and merchandising software, raised $40M led by Sageview Capital
The Economic Times · 2024-01-10 · #40
Tampa-based Rewst raised a $31M Series B funding round led by Meritech Capital.
confirmed 1 article 2024-01-10
Rewst Meritech Capital
Tampa-based Rewst, which provides robotic process automation services to managed service providers, raised a $31M Series B led by Meritech Capital
Tampa Bay Business Journal · 2024-01-10 · #39
In 2020 Jio Platforms raised over $20B from Meta and other investors.
confirmed 1 article 2024-01-10
Jio Platforms Meta other investors
Bank of America values Jio Platforms at $107B, up 64.6% from $65B in 2020 when the Indian telecoms and digital conglomerate raised $20B+ from Meta and others
TechCrunch · 2024-01-10 · #38
Bank of America values Jio Platforms at $107B, a 64.6% increase from a $65B valuation in 2020.
confirmed 1 article 2024-01-10
Bank of America Jio Platforms
Bank of America values Jio Platforms at $107B, up 64.6% from $65B in 2020 when the Indian telecoms and digital conglomerate raised $20B+ from Meta and others
TechCrunch · 2024-01-10 · #38
Meituan's decline in market value was attributed to rising competition and a slowdown in its food delivery business.
confirmed 1 article 2024-01-10
Meituan rising competition slowdown in food delivery business
Meituan's market cap fell ~60% from ~$138.2B to ~$56.4B since the start of 2023, weighed down by rising competition and a slowdown in its food delivery business
CNBC · 2024-01-10 · #34
Meituan's market capitalization fell by about 60%, from roughly $138.2B at the start of 2023 to about $56.4B.
confirmed 1 article 2024-01-10
Meituan ~$138.2B (start of 2023) ~$56.4B (current) ~60% decline
Meituan's market cap fell ~60% from ~$138.2B to ~$56.4B since the start of 2023, weighed down by rising competition and a slowdown in its food delivery business
CNBC · 2024-01-10 · #34
Overall venture funding in the MENA region dropped 23% amid a shifting landscape in 2023.
confirmed 1 article 2024-01-10
MENA region 23%
Magnitt: startups in Saudi Arabia raised $1.4B in 2023, up 33% YoY, for a 52% share of VC funding in the MENA region, beating the UAE for the first time
Bloomberg · 2024-01-10 · #27
Saudi Arabia surpassed the UAE to hold the largest share of VC funding in the MENA region for the first time.
confirmed 1 article 2024-01-10
Saudi Arabia UAE
Magnitt: startups in Saudi Arabia raised $1.4B in 2023, up 33% YoY, for a 52% share of VC funding in the MENA region, beating the UAE for the first time
Bloomberg · 2024-01-10 · #27
Saudi Arabia accounted for 52% of venture capital funding in the MENA region in 2023.
confirmed 1 article 2024-01-10
Saudi Arabia 52% MENA region
Magnitt: startups in Saudi Arabia raised $1.4B in 2023, up 33% YoY, for a 52% share of VC funding in the MENA region, beating the UAE for the first time
Bloomberg · 2024-01-10 · #27
Funding for Saudi Arabian startups increased 33% year-over-year in 2023.
confirmed 1 article 2024-01-10
startups in Saudi Arabia 33%
Magnitt: startups in Saudi Arabia raised $1.4B in 2023, up 33% YoY, for a 52% share of VC funding in the MENA region, beating the UAE for the first time
Bloomberg · 2024-01-10 · #27
Startups in Saudi Arabia raised $1.4B in 2023.
confirmed 1 article 2024-01-10
startups in Saudi Arabia $1.4B 2023
Magnitt: startups in Saudi Arabia raised $1.4B in 2023, up 33% YoY, for a 52% share of VC funding in the MENA region, beating the UAE for the first time
Bloomberg · 2024-01-10 · #27
Abramovich used Target Global special purpose vehicles to back several high-profile startups including Auto1, Delivery Hero, Circ (later acquired by Bird), and Flo.
confirmed 1 article 2024-01-10
Roman Abramovich Auto1 Delivery Hero Circ Flo
Documents: sanctioned Russian billionaire Roman Abramovich quietly invested $63M+ in European startups via London VC firm Target Global between 2015 and 2021
Forbes · 2024-01-10 · #24
Target Global managed tens of millions of dollars on behalf of Roman Abramovich, according to leaked documents.
confirmed 1 article 2024-01-10
Target Global Roman Abramovich
Documents: sanctioned Russian billionaire Roman Abramovich quietly invested $63M+ in European startups via London VC firm Target Global between 2015 and 2021
Forbes · 2024-01-10 · #24
Documents indicate Roman Abramovich quietly invested over $63 million in European startups through London-based venture firm Target Global between 2015 and 2021.
confirmed 1 article 2024-01-10
Roman Abramovich Target Global
Documents: sanctioned Russian billionaire Roman Abramovich quietly invested $63M+ in European startups via London VC firm Target Global between 2015 and 2021
Forbes · 2024-01-10 · #24
Americas chip sales rose 3.5% year-over-year in November 2023, according to the SIA.
confirmed 1 article 2024-01-10
Americas chip market chip sales
SIA: global chip revenue rose 5.3% YoY to $48B in November 2023, the first YoY growth since August 2022; China sales rose 7.6% YoY and Americas rose 3.5% YoY
Bloomberg · 2024-01-10 · #21
China chip sales rose 7.6% year-over-year in November 2023, according to the SIA.
confirmed 1 article 2024-01-10
China chip market chip sales
SIA: global chip revenue rose 5.3% YoY to $48B in November 2023, the first YoY growth since August 2022; China sales rose 7.6% YoY and Americas rose 3.5% YoY
Bloomberg · 2024-01-10 · #21
Global chip sales in November 2023 marked the first year-over-year growth since August 2022.
confirmed 1 article 2024-01-10
Global chip industry first YoY growth since August 2022
SIA: global chip revenue rose 5.3% YoY to $48B in November 2023, the first YoY growth since August 2022; China sales rose 7.6% YoY and Americas rose 3.5% YoY
Bloomberg · 2024-01-10 · #21