Reddit Inc. experienced its most significant one-day drop since its IPO, plunging 11% to close at $57.75
It happened after Hedgeye Risk Management labeled it a short idea with a potential 50% decrease in value.
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Salesforce’s $20 Million Bet on Einstein as a Mascot
This intents to differentiate Salesforce in a crowded AI market, also underscores the company's focus on ethical AI use.
Benchmark Backs AI Video Startup HeyGen at $440 Million Valuation
This marks a significant leap from its valuation four months ago.
Amazon Finalizes $4 Billion Investment in AI Startup Anthropic, Amidst Quiet Tech Landscape
This move, anticipated since last fall, places Amazon alongside other tech giants like Google and Microsoft in backing significant AI developers.
Impacta Fundraising Strategy Program 2024 Returns for Third Year
Empowering LatAm startups to raise capital and bridge gender gap
YoFio Secures $10M Investment to Support Mexican Microbusinesses
This round, led by Oikocredit and joined by 500 Global, Innogen Capital, G2 Fintech Fund, Cauris Finance
Taxo Lands $1.2M for Tax Automation
Investors include raised $1.2 million in pre-seed funding from Seedstars, 500 Startups, BuenTrip, and Newlin Ventures, plus angel investors.
Zuckerberg Targets Google’s DeepMind Talent for Meta’s AI Ambitions
Meta offers swift hires and better pay, Zuckerberg directly emails DeepMind pros.
Clara Hits Over $2 Billion in Digital Transactions in Mexico
CEO Gerry Giacomán Colyer highlights the transition from startup to a major player, emphasizing agility and a strong business model.
Nu México Trims Savings Account Yield to 14.75%
Following Banco de México's rate cut, Nu México adjusts savings yield, impacting fintech sector strategies and possibly setting a trend.