Coatue Management, a hedge fund that invested heavily in tech startups during the pandemic-driven boom, is raising $1 billion to back AI-focused companies, Bloomberg reported Monday. The funding, which will complement the company’s flagship fund, will come primarily from institutional investors. However, according to the report, high-net-worth individuals with accounts at brokerage Raymond James and … Read more
Many startups now have AI bots that will listen to your meetings, transcribe them, take notes, and create insights. This means that companies in this space need to differentiate themselves by offering additional feature sets and integrations. Read AI, the startup founded by former Foursquare CEO David Shim with Rob Williams and Elliott Waldron, is … Read more
While Amazon Go helped pioneer the concept of a completely contactless store, others, like 7-Eleven and Walmart, have entered the territory. And the field is growing, in part because several startups – such as Standard Cognition, Zippin, AiFi, Grabango, Trigo – have proliferated, offering their technology to retailers. But in Europe, Portuguese startup Sensei has … Read more
Amnon Shashua, founder and CEO of Mobileye, is attentive to complex problems that he believes can be solved with AI, and that AI itself can be solved to become more reliable. Alongside creating and running his self-driving car technology company – which he took public, then sold to Intel, then spun off again – he … Read more