Event Overview
Musely secures $360M from General Catalyst without giving up equity
Musely disclosed securing over $360 million in non-dilutive capital from General Catalyst’s Customer Value Fund, to be used for customer acquisition and related activities; Musely had not raised equity since 2014. The funding arrangement is non-dilutive. The information is drawn from TechCrunch reports, with TechCrunch noting the non-dilutive nature and use for growth. Discrepancies or unknowns about terms or structure are not stated by the articles.
The $360M non-dilutive infusion from CVF stabilizes Musely’s growth path for customer acquisition and product expansion, per TechCrunch.
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Meta buys robotic startup to bolster its humanoid AI ambitions
Meta has acquired humanoid robotics startup Assured Robot Intelligence (ARI) for an undisclosed sum, the social media giant said. “We acquired Assured Robot Intelligence, a company at the frontier of robotic intelligence designed to enable robots to understand, predict, and adapt to human behaviors in complex and.
Musely secures $360M from General Catalyst without giving up equity
Musely , a direct-to-consumer telemedicine platform, has secured over $360 million in non-dilutive capital from General Catalyst’s Customer Value Fund (CVF). The company specializes in compounded treatments for skin, hair, and menopause care. Musely co-founder and CEO Jack Jia told TechCrunch that when CVF investors.
Meta buys robotics startup to bolster its humanoid AI ambitions
Meta has acquired humanoid robotics startup Assured Robot Intelligence (ARI) for an undisclosed sum, the social media giant said. “We acquired Assured Robot Intelligence, a company at the frontier of robotic intelligence designed to enable robots to understand, predict, and adapt to human behaviors in complex and.
Pentagon says US military to be an 'AI-first' fighting force
The US military plans to increase its use of artificial intelligence (AI) further after the Pentagon agreed to new and expanded contracts with some of the biggest names in technology. Under eight agreements with Google, OpenAI, Amazon, Microsoft, SpaceX, Oracle, Nvidia and the start-up Reflection, the Pentagon said AI.
US military reaches deals with 7 tech companies to use their AI on classified systems
The Pentagon is seen from Air Force One as it flies over Washington on March 2, 2022. (AP Photo/Patrick Semansky, File) The OpenAI logo is seen on a mobile phone in front of a computer screen which displays the ChatGPT home Screen, March 17, 2023, in Boston. (AP Photo/Michael Dwyer, File) Pages from the Anthropic.
Uber wants to turn its millions of drivers into a sensor grid for self-driving companies
Uber has a long-term ambition that goes well beyond shuttling passengers: the company eventually wants to outfit its human drivers’ cars with sensors to soak up real-world data for autonomous vehicle (AV) companies — and potentially other companies training AI models on physical-world scenarios. Praveen Neppalli Naga.