Southeast Asia-focused Go-Ventures closes $240M second fund, rebrands as Argor Capital 

Go-Ventures, backed by Indonesia’s GoTo, announced Tuesday it has raised the second fund at $240 million and rebranded as Argor Capital “to reinforce the investment firm’s independence and expanded capabilities to... Read more »

Gladia turns any audio into text in near real time

Meet Gladia, a French AI startup that wants to change how companies interact with audio data. The company develops an audio transcription application programming interface (API) that you can... Read more »

Alibaba CEO Daniel Zhang to pass the torch and focus on cloud

Hours after rumors started circling in China about a possible stepdown of Alibaba’s chairman and CEO Daniel Zhang, the ecommerce behemoth confirmed midday on Tuesday that the executive will... Read more »

Vimeo intros a trio of AI-powered editing features

Vimeo, the video hosting and sharing platform, is embracing AI in a major way. This week, Vimeo announced a suite of AI-powered tools designed to help users create scripts,... Read more »

TuSimple tests removing human driver from self-driving truck in China

Autonomous trucking company TuSimple last week successfully completed a fully autonomous semi-truck run on public roads in China without a human present in the vehicle and without human intervention.... Read more »

Philippines startup Shoppable Business smooths bumps in the business procurement process

Shoppable Business Chris Blanquera, Sam Blanquera and Carlo Silva Shoppable Business wants to make it easier for businesses in the Philippines to source and procure branded products and other... Read more »

Polestar and Xingji Meizu join forces to create tailored OS for Chinese EVs

Swedish electric vehicle maker Polestar has formed a joint venture with Xingji Meizu, a mobile phone and consumer electronics company, to build an operating system for Polestar cars sold... Read more »

Parallel Domain’s API lets customers use generative AI to build synthetic datasets

Parallel Domain is putting the ability to generate synthetic datasets into the hands of its customers. The San Francisco-based startup has launched a new API called Data Lab that... Read more »

Reddit communities adopt alternative forms of protest as the company threats action on moderators

Multiple subreddits are adopting alternative methods of protesting like publishing only one kind of post, changing the topic in focus, and days when the community turns private. A lot... Read more »

What happens to the smaller VC firms in a more conservative market?

Smaller venture funds are finding a way to manage in the midst of a conservative market. As with all bear markets, the appetite for risk drops, and although emerging... Read more »
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