Hyperplane, a San Francisco-based data intelligence startup that is building foundation models for banks, announced that it has been acquired by Brazil’s Nubank. Hyperplane was founded in 2022 by Daniel Silva, Felipe Lamounier, Rohan Ramanath and Felipe Meneses. Hyperplane focused on allowing banks to train their own models...
AI-powered language learning app Speak is on a tear. Since launching in its inaugural market of South Korea in 2019, Speak has grown to over 10 million users. Its user base has doubled every year for the last five years, and Speak now has customers in more than 40...
LTK (formerly LiketoKnow.it and RewardStyle), the influencer shopping app with 40 million monthly users, announced the launch of a free direct message tool for creators to instantly share preset responses with followers. The new tool, called LTK DM, is integrated into the posts section of the LTK app. When...
Picsart, a photo-editing startup backed by SoftBank, announced that it’s partnering with Getty Images to develop a custom model to bring AI imagery to its 150 million users. The company says the model will bring responsible AI imagery to creators, marketers and small businesses that use...
Small and medium-sized businesses sometimes find working with an agency to be a difficult experience. While looking for expert external support, SMBs may encounter frustrations that undermine a promising partnership’s potential. By being attuned to the distinct needs of smaller clients, agencies can provide more...
Last year, during the Q3 2023 earnings call, Mark Zuckerberg talked about leveraging AI to have business accounts respond to customers for purchase and support queries. Now, Meta announces AI-powered features for WhatsApp Business apps, such as helping with the creation of click-to-WhatsApp ads and...
Sword Health, an AI-powered virtual physical therapy startup, has raised $30 million and let employees sell $100 million worth of equity to new and existing investors, including Khosla Ventures. The round brings the nine-year-old company’s valuation to $3 billion, a 50% increase from the $2 billion...
