Katie Roof / Bloomberg:
Kong, which helps customers manage APIs, raised a $175M Series E co-led by Tiger Global and Balderton at a $2B valuation, taking its total raised to $345M — – Startup develops application technologies for business clients — Backers include Andreessen, Index, CRV, Sapphire and Balderton
Robinhood agrees to buy TradePMR, a custodial and portfolio management platform for registered investment advisors, in a $300M deal expected to close in H1 2025 (Paige Smith/Bloomberg)
Paige Smith / Bloomberg:
Robinhood agrees to buy TradePMR, a custodial and portfolio management platform for registered investment advisors, in a $300M deal expected to close in H1 2025 — The deal — for about $300 million in cash and stock — is expected to close in the first half of next year, Robinhood said in a statement.
Sources: Apple has started selling its own ad inventory for Apple News; publishers will get a 70% cut of the ad revenue generated by Apple within their articles (Sara Fischer/Axios)
Sara Fischer / Axios:
Sources: Apple has started selling its own ad inventory for Apple News; publishers will get a 70% cut of the ad revenue generated by Apple within their articles — – Apple has been selling its own ad inventory in search and within its App Store for a while.
Bluesky has 20M+ users after hitting 15M on Nov. 13; Appfigures: it’s been #1 in US App Store since Nov. 13; Similarweb: its DAU gap with Threads is narrowing (Sarah Perez/TechCrunch)
Sarah Perez / TechCrunch:
Bluesky has 20M+ users after hitting 15M on Nov. 13; Appfigures: it’s been #1 in US App Store since Nov. 13; Similarweb: its DAU gap with Threads is narrowing — Bluesky, the social network and X competitor has been benefiting from a surge of departures from the Elon Musk-owned app formerly known as Twitter.
Niantic says it is using data generated by Pokémon Go players to create a large geospatial model, or LGM, that can navigate the real world and power robots (Emanuel Maiberg/404 Media)
Emanuel Maiberg / 404 Media:
Niantic says it is using data generated by Pokémon Go players to create a large geospatial model, or LGM, that can navigate the real world and power robots — Niantic says it is using data generated by Pokémon Go players to create a “Large Geospatial Model” that can navigate the real world and power robots.
Microsoft says it has the largest enterprise AI agent ecosystem, with 100K+ orgs making or editing AI agents in Copilot Studio and “2x growth in just a quarter” (Matt Marshall/VentureBeat)
Matt Marshall / VentureBeat:
Microsoft says it has the largest enterprise AI agent ecosystem, with 100K+ orgs making or editing AI agents in Copilot Studio and “2x growth in just a quarter” — Microsoft has quietly built the largest enterprise AI agent ecosystem, with over 100,000 organizations creating …
Smart ring maker Oura raised a $75M Series D from medical device company Dexcom at a $5B+ valuation, up from $2.6B in 2022 (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg:
Smart ring maker Oura raised a $75M Series D from medical device company Dexcom at a $5B+ valuation, up from $2.6B in 2022 — – Dexcom invests $75 million in the seller of fitness rings — Companies will integrate their apps and cross-sell products — Smart ring maker Oura Health Oy …
Rox, which is developing AI-powered agents for salespeople, raised $50M across seed led by Sequoia and Series A led by General Catalyst (Paayal Zaveri/Bloomberg)
Paayal Zaveri / Bloomberg:
Rox, which is developing AI-powered agents for salespeople, raised $50M across seed led by Sequoia and Series A led by General Catalyst — – Rox, an early-stage startup, raised $50 million from investors — Company completed seed and Series A deals while in stealth
Networking chip startup Enfabrica raised a $115M Series C led by Spark Capital and unveils a 3.2TB-per-second accelerated compute fabric of ACF SuperNIC chip (Mike Wheatley/SiliconANGLE)
Mike Wheatley / SiliconANGLE:
Networking chip startup Enfabrica raised a $115M Series C led by Spark Capital and unveils a 3.2TB-per-second accelerated compute fabric of ACF SuperNIC chip — High-performance networking chip startup Enfabrica Corp. today announced a significant new cash injection, raising $115 million …
Microsoft unveils Azure AI Foundry to make LLM switching easier, says 60,000 customers use Azure AI, and updates 365 Copilot to automate repetitive tasks (Dina Bass/Bloomberg)
Dina Bass / Bloomberg:
Microsoft unveils Azure AI Foundry to make LLM switching easier, says 60,000 customers use Azure AI, and updates 365 Copilot to automate repetitive tasks — The software maker also previewed new chips and Office AI features. … Azure AI Foundry will make it easier to switch between …
