Author: TechBrunch
Indian food delivery app Zomato has raised $1 billion from institutional investors, completing its first major funding since its 2021 IPO. The food delivery and quick commerce giant issued about 336.5 million shares at a price of 252.62 ₹ ($3) per share in a qualified institutional offering, according to a stock exchange filing on Friday. This funding saw active participation from major Indian investment trusts. Motilal Oswal emerged as the largest investor with his fund family holding 20.81% of the outstanding shares. ICICI Prudential fund secured 12.78% while HDFC and Kotak funds got 8.68% and 5.95% respectively. The $1 billion…
If you've ever used ChatGPT Search or Perplexity, you know that being able to search the web and pull citations inline greatly improves these AI chatbots. Results will be better if timely information is included, and web searches may reduce so-called hallucinations (i.e., when generative AI outputs false information). That's why French startup Linkup is building an API that allows developers to access web content from premium, trusted sources and pass the results through large-scale language models (LLMs) to enrich answers. Many AI developers refer to this workflow as search augmentation generation (RAG). More importantly, the future of bot scraping…
Many startups and large technology companies are building AI agents and programs that can handle multi-step tasks without user supervision. Once available, these agents must work together to complete complex tasks such as booking and paying for flights, hotels, and excursions. /dev/agents is a new company founded by former Google executives who helped develop Android in the early days of the smartphone era, believing that a new operating system was needed to unleash the full potential of AI agents. I am. “Before Android existed, we all understood the potential of mobile, but as developers, it was just too difficult to…
A venture capitalist, a recruiter at a large company, and a newly hired remote IT worker may not seem to have much in common, but they all belong to North Korea, according to security researchers. He was reportedly arrested as a fraudster secretly working for the government. On Friday, security researchers presented their latest assessment of the North Korean threat at Cyberwarcon, an annual conference in Washington, DC focused on disruptive threats in cyberspace. Researchers say North Korea's hackers continue to masquerade as prospective job seekers at multinational companies in order to make money for the North Korean regime and…
Using your phone intentionally is a difficult habit to develop. Operating systems like iOS and Android, along with social media networks like Instagram and TikTok, are building timers, nudges, and controls around the use of their apps and platforms. But sometimes, as a force of habit, you unconsciously unlock your phone and end up doing nothing or scrolling through your timeline. To eliminate this habit, Ukrainian developer Yaroslav Neznaradko has created an Android app called Intenty that prompts you to provide a reason or perform an action such as breathing or stretching every time you unlock your phone. I developed…
Decarbonizing our economy in the fight against climate change requires a major overhaul of all kinds of production processes to make them as sustainable as possible. Environmentally friendly chemicals used as raw materials for all kinds of products are an area of focus for British start-up Deep Blue Biotech. The biotech startup, founded in May 2023, is building a business centered on photosynthesis-based biomanufacturing, which can produce chemicals in a more environmentally friendly way than traditional production methods such as refining fossil fuels. is building. The company also notes that because the genetically modified microorganisms it uses to make chemicals…
Google Chat is rolling out instant audio conferencing similar to Slack's Huddles, allowing you to instantly switch to an audio or video call from within a chat. However, Google has not given the feature a new name and will also refer to it as “Huddles.” If you use Google Chat, click the dropdown menu next to the call icon,[ハドルを開始する]You can start your huddle right away by selecting your options. Image credit: Google Calls default to audio calls, but similar to Google Meet, users can turn on video and share their screen. This feature, first announced by Google last year as…
According to the Financial Times, Chinese investment firm Hongshan, which spun off from Sequoia Capital in 2023, is facing both “shrinking options” in China and a limited number of partners who have grown frustrated with Hongshan's slowness. As a result, it is actively expanding into Europe and North Asia. It leveraged $9 billion in capital commitments secured two years ago. (As the FT points out, LPs typically have to pay management fees on capital even if the capital is not used.) The nearly 20-year-old Hong Kong-based company is taking a bigger bite out of existing Chinese portfolio companies such as…
India bucked global trends with this year's initial public offerings, establishing itself as a rare bright spot for tech listings as other major markets continue to face headwinds. The world's most populous country is now preparing for an even bigger wave of startup IPOs in 2025. More than 20 startups are preparing to go public next year, according to people familiar with the plans. These include B2B marketplaces Inframarket and Zetwerk, farm-to-production venture CaptainFresh, professional services marketplace UrbanCompany, jewelry retailer Bluestone, security company OneAssist, and offline-to-online retailer Magicpin. It will be. Quick commerce startup Zepto, managed workspace provider Table Space,…
Introducing a new “inference” AI model, QwQ-32B-Preview. It is one of the few comparable to OpenAI's o1, and the first to be made available for download under a permissive license. Developed by Alibaba's Qwen team, QwQ-32B-Preview contains 32.5 billion parameters, can consider prompts up to 32,000 words in length, and in certain benchmarks is better than the two inferences released by OpenAI. It performs better than the models o1-preview and o1-mini. so far. Parameters roughly correspond to the model's problem-solving skills, and models with more parameters generally perform better than models with fewer parameters. According to Alibaba's tests, QwQ-32B-Preview outperforms…