Today on Equity, Tesla cuts staff, and OpenAI has plans for an office in Tokyo along with a new GPT-4 model for the Japanese language.
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Jio Financial Services, part of the Indian conglomerate Reliance, is forming a joint venture with U.S. asset manager BlackRock to set up a wealth management and broking business in India, the two firms said Monday. The announcement follows BlackRock and Jio Financial launching a joint venture last year to offer asset management services in India. […]
Social media startup ShareChat’s valuation has cratered below $2 billion from nearly $5 billion in a new funding round.
Since 2015, Pula, an insurtech based in Kenya, has been keen on enhancing the access to agricultural insurance by small-holder farmers across emerging markets, shielding them against losses from pests, diseases and/or extreme weather events like floods and droughts. So far, the insurtech has supported 15.4 million farmers in Africa, Asia and Latin America to […]
Welcome to TechCrunch Fintech! This week, we’re looking at how two fintech companies serving the underserved are faring, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:00 a.m. PT, subscribe here. The big story PayJoy is an example of a company with […]
Windfall Bio sells methane-eating microbes to companies to help them reduce their carbon footprint in the short-term.
Akamai Technologies is in advanced acquisition talks with Noname Security, an API cybersecurity startup, according to a people person familiar with the deal.
When it comes to news items that we love at TechCrunch, IPOs rank pretty darn high. Another great newsy bit that comes along less frequently than we’d like is a startup buying another startup. These deals are often very interesting as they either bring a gob of talent or technology to an already growing company, […]
Airtree Ventures uses the secondary market to slim down its stakes while waiting for its portfolio companies to exit.
Fund-of-funds investor Cendana Capital has joined with Kline Hill Partners for a new oversubscribed fund to buy out stakes from seed LPs looking for liquidity.
