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5 Interesting Learnings from Databricks at $3 Billion in ARR
Databricks worth $62B, sounds like a lot but: β Crossing $3B ARR β Growing 60% (!) and >accelerating<β 80% Gross Marginsβ 500 $1m+ customers 20x ARR doesnβt seem >that< high pic.twitter.com/5qW7jeReQc β Jason SaaStr 2025 is May 13-15 Lemkin (@jasonlk) December 17, 2024 So SaaS is back. Perhaps Databricks isnβt really SaaS, itβs Cloud +... Continue Reading The post 5 Interesting Learnings from Databricks at...
Simulation Theory raises $2M so computers stop wasting compute resources
Simulation Theory, a startup dedicated to reducing waste by optimizing compute resources, has raised $2 million in pre-seed funding.
ββIBM wants to be the enterprise LLM king with its new open-source Granite 3.1 models
The IBM Granite 3.1 open source models provide 128K context, integrated hallucination protection and accelerated embedding capabilities.
ROI and more regulations: Hereβs what to expect from AI in 2025
As the AI momentum continues into 2025, we look at some expert predictions for the tech in the coming year. Read more: ROI and more regulations: Hereβs what to expect from AI in 2025
Metaβs new BLT architecture replaces tokens to make LLMs more efficient and versatile
Byte latent transformer (BLT) uses a special architecture to learn directly from raw bytes as opposed to tokenized chunks of text.
How to Think About Product-Led Growth, Bootstrapping vs VC, and Early Exits with SaaStr CEO and Founder Jason Lemkin
Jason Lemkin, SaaStr CEO and Founder took questions from founders on everything from product-led growth to knowing when to sell your company. The post How to Think About Product-Led Growth, Bootstrapping vs VC, and Early Exits with SaaStr CEO and Founder Jason Lemkin appeared first on SaaStr.
Space exploration: A key industry for Europe's future
Space exploration is no longer science fiction; it has become an essential infrastructure that significantly impacts our lives. It improves internet coverage in remote areas, enables more accurate wea...
Moon Beast Productions raises $4.5M for action RPG
Moon Beast Productions, an indie game studio founded by game industry veterans raised $4.5 million in seed funding for an ARPG.
Coplay raises $1.2M to build AI copilot for game devs
Coplay, the AI copilot for game developers, today announced it has raised $1.2 million in pre-seed funding.
βWe see the Pluto, Lunar dynamic like N26 and Trade Republicβ, says Pluto boss
The CEO and co-founder of a new Danish investment app has likened the dynamic between his Y-Combinator-backed Pluto.markets and fellow Danish fintech Lunar to that of German trading app Trade Republic...
Swedish sportstech Spiideo acquires Signality for a new era in sports analytics
Swedish sports video tech company Spiideo has acquired Signality, an optical tracking and sports data generation company.Spiideo is an AI-powered video and data solution for leagues, broadcasters, fe...
BoxBox: the Estonian startup turning spare space rental into a profitable digital business
Remember when startups used to tell us they were the Airbnb of X? Well, at Slush last month, I met BoxBox, the Estonian Airbnb of self-storage. It's turning an old analog business β spare space rental...
Virtual Trumpet & Trombone
Realistic trumpet & trombone simulator with fingering chart Discussion | Link
Grammarly acquires productivity start-up Coda
Codaβs CEO and co-founder, Shishir Mehrotra, is also set to become the new CEO of Grammarly. Read more: Grammarly acquires productivity start-up Coda
Instil to double workforce of new cybersecurity department
Over the next 18 months, Instil will gradually increase the cybersecurity arm of its operations to meet demands. Read more: Instil to double workforce of new cybersecurity department
Dear SaaStr: What is the Best Way to Deal With an βUnauthorized Signerβ on a Contract?
Dear SaaStr: What is the best way to deal with an βunauthorized signerβ on a contract in SaaS sales? A large company signed a contract to buy about $30K worth of software from us, and then the person who signed the contract said he didnβt have the authority to. Iβve been there, on both sides... Continue Reading The post Dear SaaStr: What is the Best Way to Deal With an βUnauthorized Signerβ on a Contract? appeared...
Corsmed secures $3.5M for digital twin fast MRI scanning technology
Swedish Magnetic Resonance Imaging (MRI) software company Corsmed has secured $3.5 million in Seed funding, bringing the total investment in the company to $10 million.According to the 2023 NHS Diagn...
UK tries to provide βclarityβ over copyrighted data usage by AI firms
The UK has proposed introducing an exception to copyright law for AI training for commercial purposes. Read more: UK tries to provide βclarityβ over copyrighted data usage by AI firms
Czech hybrid VTOL Zuri raises β¬3M to boost accelerate aircraft development
Czech developer of hybrid VTOL (Vertical Take-Off and Landing) aircraft, Zuri has raised a further 3 million investment in its recently concluded pre-Series A funding round, bringing the fundraise to...
Salesforce to hire 2,000 people ahead of 2025 software launch
The company will need to add to its existing employee roster in order to successfully launch new AI features. Read more: Salesforce to hire 2,000 people ahead of 2025 software launch
AI is burying company websites in search results, but Otterly.AI thinks it can help
Many sites saw their organic traffic decline in 2024, in big part due to the rise of AI-generated search results. Many queries no longer lead to click-throughs, and even when users click, it is hard for companies to get more context on searches made within apps like ChatGPT or Perplexity. The answer to this problem [β¦] 2024 TechCrunch. All rights reserved. For personal use only.
Databricks in midst of securing $10bn in funding
The venture round is one of the largest rounds in history. Read more: Databricks in midst of securing $10bn in funding
Lightbringer to boost SMEs' IP protection with β¬4.2M funding boost
Legaltech company Lightbringer has raised 4.2 million to expand in Europe and the US.The Swedish company has developed an AI-driven platform that enables companies to protect their intellectual prope...
RΓ©altra to develop AI-driven failure detection in satellites
Using AI and machine learning in satellite monitoring has the potential to decrease costs and reduce satellite downtime, the team says. Read more: RΓ©altra to develop AI-driven failure detection in satellites
What skills will the tech workforce need in 2025?
Following a panel discussion on the future of work, editor Jenny Darmody spoke to Mastercardβs Olivia Leonard about what 2025 will mean for the workforce. Read more: What skills will the tech workforce need in 2025?
Trickle
Build stunning AI Apps, Websites, and Forms with ease Discussion | Link
Rubbrband Movies
Every AI video model in one place, with a built-in editor Discussion | Link
Fitness Wrapped
Spotify Wrapped for your Apple Fitness workouts Discussion | Link
Agave Games raises $18M in funding to expand Find the Cat mobile title
Agave Games is using its latest round of funding to expand its mobile title Find the Cat as well as potentially develop new games.
LaunchFlow
The self-serve infrastructure catalog Discussion | Link
The DOJ wants a Perplexity executive to testify in its Google antitrust case
The US government is calling on a Perplexity executive to help make its case that Google is a monopolist. 2024 TechCrunch. All rights reserved. For personal use only.
Amazon Project Amelia
A powerful new generative AI-based selling assistant Discussion | Link
Meta Video Seal
A state-of-the-art, open-source model for video watermarking Discussion | Link
UAEβs Falcon 3 challenges open-source leaders amid surging demand for small AI models
The UAE-backed institute has released Falcon 3 in four different sizes with the goal of democratizing access to advanced AI capabilities.