The Big Three cloud infrastructure vendors — Amazon, Microsoft and Google — all reported earnings this week. As you might expect, they did just fine with a growing market that passed $45 billion worldwide, good for a mind-boggling $180 billion run rate and trailing 12 month revenue of $164 billion. Revenue grew 37% overall in […]
Abacus.ai snags $50M Series C as it expands into computer vision use cases
Abacus.ai wants to build an AI platform that simplifies machine learning model creation, while still leaving room for power users. Today the company announced a $50 million Series C. At the same time, it announced that the platform was expanding to include computer vision use cases. Tiger Global led the round with participation from Coatue, […]
Attest raises $60M to expand its no-code approach to research-surveys-as-a-service, which taps 110M consumers in 49 countries
Surveys have long been used by marketing teams and other business decision makers to learn how customers tick. But they can be costly to put together, hard to run at scale, and, at the end of the day, are only as credible as the data that gets put into them. Today, a London startup called […]
Health tech startup mPharma acquires Vine Pharmacy, enters Uganda
mPharma, a Ghanaian health startup, has taken a controlling stake in Uganda’s Vine Pharmacy for an undisclosed amount, marking the firm’s entry into its latest market in Africa. mPharma disclosed to TechCrunch that it has acquired a 55 percent stake previously held by the Abraaj Group, a private equity firm that collapsed after investors, including […]
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TechCrunch+ roundup: Midwest VC boom, advice for CISOs, Facebook’s next chapter
Healthcare spending accounts for almost 18% of U.S. GDP, so it’s no surprise that digital health is attracting record levels of investment. This year, VCs invested $14.7 billion in healthtech startups
Salesforce’s Kathy Baxter and Amazon’s Nashlie Sephus talk keeping AI ethical at enterprise scale
AI and big data are an important part of most enterprise-scale companies now, but that very scale can make it difficult to employ them safely and ethically. Kathy Baxter at Salesforce and Nashlie Sephus at AWS have made ethical AI and data collection their business over the last few years, both sounding the alarm on […]
UserGems raises $20M to take on ZoomInfo to help with prospecting and sales intelligence
Finding a way to connect with people who might buy from you, while spending less time pursuing those who will never be interested, is something akin to a holy grail of the world of sales and marketing. Now, a startup called UserGems, which has built a platform that combines AI with data mapping to help […]
Kenya cracks down on digital lenders over data privacy issues
Digital lenders that share personal data of loan defaulters, with third parties, risk license withdrawal in Kenya after lawmakers added a clause — granting the banking regulator the mandate to revoke permits of operators who breach customer confidentiality — to the new law passed by the country’s National Assembly. Typically, loan apps collect borrowers’ phone […]
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