Enterprise News | TechCrunch

OpenAI buys Rockset to bolster its enterprise AI

Kyle Wiggers — Fri, 21 Jun 2024 15:55:15 +0000

The Rockset buy fits into OpenAI's broader recent strategy of investing heavily in its enterprise sales and tech orgs.

Squarespace sells restaurant reservation system Tock to American Express for $400M

Paul Sawers — Fri, 21 Jun 2024 14:03:20 +0000

Website building platform Squarespace is selling Tock, its restaurant reservation service, to American Express in a deal worth $400 million — the exact figure that Squarespace paid for the service three years ago. Separately, AmEx will be buying Rooam, a mobile payments and ordering platform that integrates with point-of-sale systems. Terms of the Rooam deal […]

Poolside is raising $400M+ at a $2B valuation to build a supercharged coding co-pilot

Ingrid Lunden — Thu, 20 Jun 2024 18:30:58 +0000

Paris has quickly established itself as a major European center for AI startups, and now another big deal is in the works.

Anthropic claims its latest model is best-in-class

Kyle Wiggers — Thu, 20 Jun 2024 14:00:00 +0000

Claude 3.5 Sonnet can analyze both text and images as well as generate text, and it's Anthropic's best-performing model yet — at least on paper.

Ex-HubSpot exec builds an AI-powered CRM that learns for you, with $4M seed led by Sequoia

Marina Temkin — Thu, 20 Jun 2024 13:00:00 +0000

Christopher O’Donnell has hobbies. He likes music and playing guitar, but above all, he loves building software. Which is why three years after leaving HubSpot, he built Day.ai, a CRM for the age of AI. Unlike modern CRMs, which are essentially giant spreadsheets that somebody needs to populate and keep updated, Day learns everything about […]

Semperis, a specialist in Active Directory security now worth more than $1B, raises $125M

Ingrid Lunden — Thu, 20 Jun 2024 12:33:06 +0000

Active Directory, the Microsoft directory service for connecting users with network resources, is used by more than 90% of all Fortune 1000 companies and many more besides. So it’s no surprise that it’s a giant target for malicious hackers. That also means a lot of attention for the security companies that are building tools to […]

‘Lawyer-in-the-loop’ startup Wordsmith wants to bring AI paralegals to all employees

Paul Sawers — Thu, 20 Jun 2024 07:00:00 +0000

Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law firms with an AI platform that they can configure to help other workers in the company. This way, anyone in the company can solicit help with legal […]

In spite of hype, many companies are moving cautiously when it comes to generative AI

Ron Miller — Wed, 19 Jun 2024 16:00:00 +0000

Companies are extremely interested in generative AI as vendors push potential benefits, but turning that desire from a proof of concept into a working product is proving much more challenging.

UK probes HPE’s planned $14B Juniper Networks acquisition

Paul Sawers — Wed, 19 Jun 2024 10:53:16 +0000

The U.K.’s Competition and Markets Authority (CMA) has initiated a formal “phase 1” investigation into Hewlett Packard Enterprise’s (HPE) planned acquisition of Juniper Networks. The CMA said it’s in the early stages of assessing whether the deal is likely to “result in a substantial lessening of competition within any market or markets in the United […]

Decagon claims its customer service bots are smarter than average

Kyle Wiggers — Tue, 18 Jun 2024 14:03:00 +0000

Decagon is a generative AI platform that automates various aspects of customer support channels.

SurrealDB is helping developers consolidate their databases

Kyle Wiggers — Tue, 18 Jun 2024 13:00:00 +0000

SurrealDB, a startup developing a database architecture of the same name, has closed a new round of funding as it readies a managed service.

SUSE wants a piece of the AI cake, too

Frederic Lardinois — Tue, 18 Jun 2024 07:01:00 +0000

Suse on Tuesday is announcing its AI strategy and SUSE AI solutions, a new vendor- and LLM-agnostic generative AI platform.

Perplexity AI searches for users in Japan, via SoftBank deal

Kate Park, Ingrid Lunden — Mon, 17 Jun 2024 12:16:53 +0000

After announcing a strategic partnership with SoftBank in April, Perplexity — the AI search engine that has ambitions to take on Google — is now using the deal to expand its user base, and data touchpoints, in SoftBank’s home market of Japan. SoftBank and two of its mobile operations, Y!mobile (SoftBank’s mobile phone operator) and […]

Tinybird raises another $30 million to transform data into real-time APIs

Romain Dillet — Mon, 17 Jun 2024 11:00:00 +0000

Tinybird is not so tiny anymore. The enterprise data startup TechCrunch first covered three years ago has been growing at a rapid pace and recently raised a $30 million Series B funding round. According to a source, the company is now valued at $240 million. Originally from Madrid and now also based in New York, […]

How much does ChatGPT cost? Everything you need to know about OpenAI’s pricing plans

Kyle Wiggers — Sat, 15 Jun 2024 15:00:00 +0000

OpenAI offers an array of plans for ChatGPT, both paid and free.

Amazon says it’ll spend $230 million on generative AI startups

Kyle Wiggers — Thu, 13 Jun 2024 15:43:11 +0000

To sweeten the pot, Amazon is pledging that startups in this year's Generative AI Accelerator cohort will gain access to experts and tech from Nvidia, the program's presenting partner.

Insight Partners backs Canary Technologies’ mission to elevate hotel guest experiences

Christine Hall — Wed, 12 Jun 2024 13:41:30 +0000

The hotel guest management technology company’s platform digitizes the hotel guest journey from post-booking through checkout.

Databricks expands Mosaic AI to help enterprises build with LLMs

Frederic Lardinois — Wed, 12 Jun 2024 13:00:00 +0000

A year ago, Databricks acquired MosaicML for $1.3 billion. Now rebranded as Mosaic AI, the platform has become integral to Databricks’ AI solutions. Today, at the company’s Data + AI Summit, it is launching a number of new features for the service. Ahead of the announcements, I spoke to Databricks co-founders CEO Ali Ghodsi and […]

Databricks launches LakeFlow to help its customers build their data pipelines

Frederic Lardinois — Wed, 12 Jun 2024 13:00:00 +0000

Since its launch in 2013, Databricks has relied on its ecosystem of partners, such as Fivetran, Rudderstack, and dbt, to provide tools for data preparation and loading. But now, at its annual Data + AI Summit, the company announced LakeFlow, its own data engineering solution that can handle data ingestion, transformation and orchestration and eliminates […]

Restate raises $7M for its lightweight workflows-as-code platform

Frederic Lardinois — Wed, 12 Jun 2024 12:00:00 +0000

When one of the co-creators of the popular open source stream-processing framework Apache Flink launches a new startup, it’s worth paying attention. Stephan Ewen was among the founding team of the open source project back in 2010 and then later became the CTO of Data Artisans, which aimed to monetize Flink. Alibaba then acquired the […]