Google invests $4.5 billion in India’s Reliance Jio Platforms
Asia

Google invests $4.5 billion in India’s Reliance Jio Platforms

Google has become the latest high-profile firm to back India’s Reliance Jio Platforms. The search giant is investing $4.5 billion for a 7.73% stake in the top Indian telecom network, Reliance Industries chairman Mukesh Ambani said on Wednesday. The investment today from Google is one of the rare instances where …

Graphcore unveils new GC200 chip and the expandable M2000 IPU Machine that runs on them
TC

Graphcore unveils new GC200 chip and the expandable M2000 IPU Machine that runs on them

There is a lot riding on the use of artificial intelligence technology to help us take giant leaps ahead in solving complex challenges — whether it’s medical breakthroughs, building better cybersecurity, or better navigation systems for cars and other moving objects. But the more advanced the application, the bigger the …

Graphcore unveils new G200 chip and the expandable M2000 IPU Machine that runs on them
TC

Graphcore unveils new G200 chip and the expandable M2000 IPU Machine that runs on them

There is a lot riding on the use of artificial intelligence technology to help us take giant leaps ahead in solving complex challenges — whether it’s medical breakthroughs, building better cybersecurity, or better navigation systems for cars and other moving objects. But the more advanced the application, the bigger the …

Fraud detection startup Ravelin secures $20M Series C
ravelin

Fraud detection startup Ravelin secures $20M Series C

Ravelin, the London-based company using machine learning to help companies fight fraud when accepting online payments, has raised $20 million in new funding. The Series C round is led by Draper Esprit, with participation from existing investors Amadeus Capital Partners, BlackFin Tech, and Passion Capital. Ravelin disclosed $10 million in …

Nissan Ariya
Automotive

Nissan stakes its EV future on the 300-mile range Ariya crossover

Nissan unveiled today the Ariya, an all-electric SUV with an estimated 300 miles of range and a starting price tag of $40,000 that marks the beginning of a four-year plan aiming for growth and profitability. The Nissan Ariya will first be sold in Japan in mid-2021, before heading to dealerships …

Nissan Ariya
Automotive

Nissan stakes its EV future on the 300-mile range Ariya crossover

Nissan unveiled today the Ariya, an all-electric SUV with an estimated 300 miles of range and a starting price tag of $40,000 that marks the beginning of a four-year plan aiming for growth and profitability. The Nissan Ariya will first be sold in Japan in mid-2021, before heading to dealerships …

Jack Ma’s fintech giant tops 1.3 billion users globally
alibaba

Jack Ma’s fintech giant tops 1.3 billion users globally

The speculation that Alibaba’s fintech affiliate Ant Group will go public has been swirling around for years. New details came to light recently. Reuters reported last week that the fintech giant could float as soon as this year in an initial public offering that values it at $200 billion. As …

Layer gets $5.6M to make joint working on spreadsheets less hassle
Apps

Layer gets $5.6M to make joint working on spreadsheets less hassle

Layer is not trying to replace Excel or Google Sheets. Instead the Berlin-based productivity startup wants to make life easier for those whose job entails wrangling massive spreadsheets and managing data inputs from across an organization — such as for budgeting, financial reporting or HR functions — by adding a …

Kobo introduces the lackluster Nia to replace its budget Aura e-reader
e-reader

Kobo introduces the lackluster Nia to replace its budget Aura e-reader

The e-reader category was exciting once — or at least as exciting as one could hope from such a space. It was a vibrant category, with plenty of key players, each looking to outdo one another. But as is the case with a depressing number of verticals, Amazon has largely …

Adam Neumann is back in the shared economy business with an investment in GoTo Global
adam neumann

Adam Neumann is back in the shared economy business with an investment in GoTo Global

Adam Neumann, the controversial co-founder and former CEO of WeWork, has taken a 33% equity stake in GoTo Global, a shared mobility company that operates in Israel and Malta and aims to expand into Europe later this year. Neumann’s family office, 166 2nd Financial Services, invested $10 million into GoTo …