Abacus.AI, which helps companies manage AI models, raises a $50M Series C led by Tiger Global, bringing its total funding to over $90M (Ron Miller/TechCrunch)
Ron Miller / TechCrunch: Abacus.AI, which helps companies manage AI models, raises a $50M Series C led by Tiger Global, bringing its total funding to over $90M — Abacus.ai wants to build an AI platform that simplifies machine learning model creation, while still leaving room…
Intel launches its 12th-gen Alder Lake chips, led by the flagship Core i9-12900K CPU with 16 cores for $589, shipping November 4 (Chaim Gartenberg/The Verge)
Chaim Gartenberg / The Verge: Intel launches its 12th-gen Alder Lake chips, led by the flagship Core i9-12900K CPU with 16 cores for $589, shipping November 4 — A new era for Intel begins — Intel’s 12th Gen Alder Lake chips have finally arrived, ushering…
EU opens an investigation into Nvidia's planned Arm acquisition on competition grounds, the latest setback for the deal (Foo Yun Chee/Reuters)
Foo Yun Chee / Reuters: EU opens an investigation into Nvidia’s planned Arm acquisition on competition grounds, the latest setback for the deal — Nvidia (NVDA.O) suffered a setback on Wednesday as EU antitrust regulators opened a full-scale investigation into its $54 billion bid for…
Interview with FTC Chair Lina Khan on leading the agency, its regulatory failures and avoiding future missteps, Facebook, Amazon, Alphabet, and more (Nancy Scola/New York Magazine)
Nancy Scola / New York Magazine: Interview with FTC Chair Lina Khan on leading the agency, its regulatory failures and avoiding future missteps, Facebook, Amazon, Alphabet, and more — Lina Khan was an associate professor at Columbia Law, working remotely from Texas, when she found…
Source: Paytm plans to price shares at ~$27.70-$28.70, raising $2.44B and valuing the company at around $20B (Reuters)
Reuters: Source: Paytm plans to price shares at ~$27.70-$28.70, raising $2.44B and valuing the company at around $20B — Indian digital payments leader Paytm has boosted the size of its initial public offering to 183 billion rupees ($2.44 billion) from 166 billion rupees, as existing…
New York-based Extend, which helps financial institutions offer virtual cards, raises a $40M Series B led by March Capital (Mary Ann Azevedo/TechCrunch)
Mary Ann Azevedo / TechCrunch: New York-based Extend, which helps financial institutions offer virtual cards, raises a $40M Series B led by March Capital — We’ve written a lot about fintechs that aim to help other fintechs and traditional banks launch products and services. — …
Instagram rolls out link stickers to everyone, expanding on verified and high-follower accounts (Jon Porter/The Verge)
Jon Porter / The Verge: Instagram rolls out link stickers to everyone, expanding on verified and high-follower accounts — They can add links in Stories posts but not your feed — Instagram’s link stickers, which let you include hyperlinks in Stories in the form of…
This 12GB of data SIM plan from Smarty costs just £4 a month…somehow
Black Friday is still a good month away but that hasn't stopped Smarty from getting into the spirit early. Offering a massive 50% off one of its SIM only deals, Smarty currently has one of the best cheap offers around. Right now, you can get…
Tech giants try distancing themselves from Facebook
TikTok, Snapchat and YouTube are facing claims they are failing to protect children. Source: Technology – BBC News
Brazilian neobank Nubank files for a US IPO and plans to "negotiate a program of Brazilian Depositary Receipts"; Nubank raised $750M at a $30B valuation in June (TechCrunch)
TechCrunch: Brazilian neobank Nubank files for a US IPO and plans to “negotiate a program of Brazilian Depositary Receipts”; Nubank raised $750M at a $30B valuation in June — This morning Brazilian neobank Nu, better known as Nubank, announced that it has filed to go…
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