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Robotic Automations

UK competition regulator clears Alphabet's investment in Anthropic | TechCrunch

November 19, 2024 6:06 PM0


The U.K.’s Competition and Markets Authority (CMA) has okayed Alphabet’s partnership and investment in AI rival Anthropic, concluding that it doesn’t qualify for investigation under current merger regulations. The announcement comes a month after the CMA revealed it was launching a formal “stage 1” probe into Google’s parent’s various investments in Anthropic, a three-year-old San […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

India's HealthKart valued at $500 million in new investment | TechCrunch

November 18, 2024 2:34 PM0


Indian omni-channel nutrition startup HealthKart has raised $153 million in one of the country’s largest consumer startup transactions this year, valuing the business at about $500 million, according to a source familiar with the matter. The new investment was co-led by private equity firms ChrysCapital and Motilal Oswal, with Avendus Capital serving as financial advisor. […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

Oyo founder seeks new investment at $3.8 billion valuation | TechCrunch

November 18, 2024 10:28 AM0


Oyo founder Ritesh Agarwal’s investment vehicle has proposed to inject another $65.1 million into the hotel management startup, according to shareholder notifications reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in the extraordinary general meeting notice. While this represents a 38% premium […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

Block scales back TIDAL investment and shutters TBD in favor of Bitcoin mining | TechCrunch

November 8, 2024 9:22 AM0


Jack Dorsey’s Block is scaling back its investment in TIDAL, the music streaming platform once owned by Jay-Z, according to a shareholder letter on Thursday. Block is also shutting down TBD, a Bitcoin-focused arm of the business that previously set out to build a decentralized internet, dubbed “Web5.” These cuts will free up the company […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

Amazon may up its investment in Anthropic — on one condition | TechCrunch

November 8, 2024 6:12 AM0


Amazon is considering increasing its investment in OpenAI rival Anthropic. According to The Information, Amazon is in talks to invest multiple billions in Anthropic, its first financial pledge in the company since a $4 billion deal struck last year. The new investment is structured similar to the last one — but with a twist. Amazon […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

UK competition regulator to investigate Alphabet’s investment in Anthropic | TechCrunch

October 30, 2024 4:44 AM0


The U.K.’s Competition and Markets Authority (CMA) is launching a formal probe into Alphabet’s investment in AI rival Anthropic. The investigation comes three months after the CMA confirmed it was inviting “interested parties” to comment on Alphabet’s various investments in Anthropic, which includes a reported $300 million early last year followed by another reported $2 billion. The probe […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

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