Tech Meme

Daniel Cancel / Bloomberg: Brazil-based Cayena, which operates a marketplace to connect suppliers and buyers in the wholesale food industry, raised a $55M Series B led by Bicycle Capital  —  The Brazilian startup helps streamline transactions between suppliers and buyers in the wholesale food industry. Lees verder op Tech Meme

Josh Scott / BetaKit: Motion, which sells analytics and research tools for creative strategists, raised a $30M Series B led by Inovia Capital, bringing its total funding to $42M  —  Inovia-backed startup’s software enables creative strategists to turn data into ad ideas.  —  Toronto-based advertising technology startup Motion … Lees verder op Tech Meme

Kylie Robison / The Verge: Email: Linda Yaccarino announces X is launching a “video tab” feature and an X-exclusive women’s soccer reality show, The Offseason, produced by Alexis Ohanian  —  In a late Friday email, X CEO Linda Yaccarino announced the launch of a new “video tab” feature … Lees verder op Tech Meme

Avi Ben-Hutta / Coverager: Functional Finance, which offers financial operations software for managing general agents, insurers, and wholesalers, raised a $20M Series A led by Walkabout  —  Functional Finance, a software platform “revolutionizing financial operations” for managing general agents, insurance companies … Lees verder op Tech Meme

Leah Nylen / Bloomberg: The judge overseeing the Google ad trial calls Google’s testimony that it faces “fierce competition” from the likes of Microsoft and Meta “highly questionable”  —  – Search giant starts defense in antitrust ad tech lawsuit  — Justice Department alleges company monopolized several markets Lees verder op Tech Meme

FinTech Global: Akur8, which uses AI to automate the generation of insurance pricing models, raised a $120M Series C led by One Peak, bringing its total raised to $180M  —  Akur8, the machine learning-powered insurance pricing and reserving platform, has announced the closure of a $120m Series C funding round. Lees verder op Tech Meme

Wall Street Journal: Sources: Qualcomm made a takeover approach to Intel in recent days, but a deal is far from certain; Intel’s market cap is ~$93B and Qualcomm’s is ~$188B  —  A deal for Intel would be massive and come at a time when the chip maker is sputtering. Lees verder op Tech Meme

Allie Garfinkle / Fortune: Google Ventures CEO David Krane on GV’s first 15 years, operating independently from Alphabet, early investments in Nest and Uber, generative AI, and more  —  One of the first things David Krane and I do is look at some weird sculptures.  —  Walking through Google’s Mountain View … Lees verder op Tech Meme

Jonathan Stempel / Reuters: Filing: the US SEC says it intends to seek sanctions against Elon Musk for failing to appear for scheduled testimony for a probe into his $44B Twitter takeover  —  The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear … Lees verder op Tech Meme

Timothy B Lee / Understanding AI: OpenAI’s o1 models are dramatically better at reasoning than previous LLMs, but they struggle with spatial reasoning and are far from human-level intelligence  —  It’s not easy to stump OpenAI’s new o1 models. … You might remember around Thanksgiving last year when news broke about Q* … Lees verder op Tech Meme