Business

We knew that Andrew Ng had more than just a series of deep learning courses up his sleeve when he announced the first phase of his deeplearning.ai last week. It’s clear now that the turn of Ng’s three part act is a $150 million venture capital fund, first noted by PEHub, targeting AI investments. Ng,
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MongoDB has filed confidentially for IPO, sources tell TechCrunch. The company has submitted an S-1 filing in the past few weeks and is aiming to go public before the end of the year. New York-based MongoDB helps companies including Adobe, eBay and Citigroup manage databases. Some of its offerings include its name-bearing MongoDB open source
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Microsoft today announced that it has acquired Cycle Computing, a twelve-year-old Connecticut-based company that focuses on helping enterprises orchestrate high-performance computing jobs, large data workloads and other “big computing” jobs in the cloud. The financial details of the deal were not disclosed. While Microsoft plans to use the company’s expertise to improve its Azure service
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Minibar Delivery , a marketplace for wine, beer and spirits, has today announced the close of a $5 million funding round led by Corigin Ventures, with participation from Female Founders Fund, Winklevoss Capital, LaunchCapital and RiverPark Ventures. Minibar Delivery launched back in 2013, trying to give liquor stores an ecommerce outlet and users the ability
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Target has acquired San Francisco-based transportation technology company Grand Junction, in order to help it move more quickly into the business of same-day delivery. The company had already been working with Target on a same-day delivery pilot program in New York’s Tribeca neighborhood, prior to this deal. That pilot will expand this fall to more
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Attention nonprofits and NGOs! Apply to showcase in Startup Alley at TechCrunch Disrupt SF on Wednesday, September 20th. In 2014, TechCrunch launched the Include Program to promote diversity within the tech world. As part of this program, TechCrunch invites select nonprofits and NGOs to exhibit in Startup Alley at TechCrunch Disrupt San Francisco. Showcasing in
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Time is marching on — sometimes at an alarming rate — and we’re quickly approaching TechCrunch’s annual huge conference in San Francisco. TechCrunch Disrupt SF 2017 is less than a month away at 48 Pier in San Francisco. This year’s lineup includes a stellar group of speakers, including Pinterest’s Ben Silbermann, Golden State Warriors superstar
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Last night, OpenAI’s Dota 2 bot beat the world’s most celebrated professional players in one-on-one battles, showing just how advanced these machine learning systems are getting. The bot beat Danil “Dendi” Ishutin rather easily at The International, one of the biggest eSports events in the world, and remains undefeated against the world’s top Dota 2
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If you don’t care too much about loyalty programs, chances are that you’ve been relying on platforms like Booking.com and Expedia to find the cheapest flights and hotel rooms. Moneytis wants to do the exact same thing, but for foreign exchange services. TransferWise is arguably the biggest consumer brand in international transfers. Instead of telling
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Y Combinator backed Plasticity is tackling the problem of getting software systems to better understand text, using deep learning models trained to understand what they’re reading on Wikipedia articles — and offering an API for developers to enhance their own interfaces. Specifically they’re offering two APIs for developers to build “more robust conversational interfaces”, as
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Hey startups! Disrupt San Francisco (September 18-20) is just a few weeks away and registration is open for startups looking to showcase their product or company to thousands of people on the Disrupt floor. According to Crunchbase, startups that exhibited in Startup Alley at Disrupt SF 2016 raised more than $35 million in seed and
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SoundCloud has just closed the necessary funding round to keep the struggling music service afloat. CEO Alex Ljung will step aside though remain chairman as former Vimeo CEO Kerry Trainor replaces him. Mike Weissman will become COO as SoundCloud co-founder and CTO Eric Wahlforss stays as chief product officer. New York investment bank Raine Group
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Sleeperbot, which has raised about $2M in seed funding from Birchmere VC and Expa, and boasts hundreds of thousands of users, calls itself Slack for sports. It’s essentially an app (and website) that lets sports fans have conversations around different subjects they’re passionate about. These discussions happen in channels – some of which are created
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India-based messaging app Hike is back on the acquisition trail after it picked up Creo, a hardware company that previously released smartphones, streaming devices and an operating system. The price of the deal is undisclosed. Hike released a short statement late on Friday announcing the acquisition, although it does not appear that the 50-person Creo
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Hello and welcome back to Equity, TechCrunch’s weekly venture-themed podcast where we dive into the numbers behind the noise. Forget the summer lull, friends. This week was chock full of news that broke right up until the very last minute. Matthew Lynley was off this week, but Katie Roof and myself were incredibly lucky to
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