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Profound, which builds marketing software to help brands appear in AI search results, on Tuesday said it has raised a $180 million Series D at a $1.8 billion valuation, less than seven months after it raised a $96 million Series C. Sequoia and Kleiner Perkins led the round, and e
The delivery platform DoorDash is investing in and partnering with Marc Lore-owned food tech company Wonder in deals worth a total of $425 million, the company announced on Tuesday. DoorDash will acquire Wonder’s Grubhub Campus Dining business (formerly Tapingo) for $300 million
The Scoop Walmart wants to coach Americans on using GLP-1s. The third-largest pharmacy operator in the US is adding new “health ambassador” positions as part of a pilot program launching in rural locations this week. In addition to consulting on GLP-1s, trained pharmacists will a
Digital consumer lending platform Fibe, operated by Social Worth Technologies, has received SEBI’s nod to proceed with its proposed initial public offering (IPO). The IPO will comprise a fresh issue of equity shares worth up to Rs 750 crore and an offer for sale (OFS) of up to 4.
AI - SYSTEMS AI networking startups race to replace Nvidia's NVLinkIntel spin-off Cornelis and newcomer Delos Data pitch open alternatives for scaling AI beyond the rack -
Dive Brief: - Designer Brands is testing a new store-within-a-store concept called The Edit at four DSW locations this fall, CEO Doug Howe said on a Thursday call with analysts. - The pilot retail experiment will be “a curated, elevated destination showcasing key affordable luxur
The Central Consumer Protection Authority (CCPA) has imposed a penalty of ₹10 Lakh on ride unicorn Rapido for misleading advertisements, unfair trade practices, unfair contract and dark patterns, where consumers are prompted to pay more before their rides are confirmed. The order
The US 10-year Treasury yield, a benchmark for mortgage and auto loan rates, hit a nearly two-decade high on Tuesday, September 15, as elevated crude oil prices strengthened the case for a US Federal Reserve rate hike on Wednesday. The 10-year yield rose to 5.041%, a level not se
Bessent's comments to reporters before a congressional hearing came as U.S. 10-year Treasury yields on Tuesday hit peaks not seen since 2007. For live updates on US Markets, click here As the hearing got underway, several protesters stood up one after another to call for an end t
Nike co-founder Phil Knight and his wife, Penny, will donate $1.1 billion to Providence St. Vincent Medical Center in Oregon and its Providence Heart Institute, according to a press release published Tuesday. The gift marks one of the largest donations to a healthcare institution
AI - SYSTEMS AI networking startups race to replace Nvidia's NVLinkIntel spin-off Cornelis and newcomer Delos Data pitch open alternatives for scaling AI beyond the rack -
Federated learning (FL) projects often begin with a straightforward setup: one server, a few clients, and one dataset at each site. As those projects grow, the challenge shifts from running an algorithm to operating shared infrastructure. GPUs must be allocated when jobs need the
multi-cloud HPE recruits ex-Hitachi Vantara CEO HPE has appointed ex-Hitachi Vantara CEO and HPE returnee Sheila Rohra as COO for its Hybrid Cloud business. She resigned from storage array supplier Hitachi Vantara at the end of March, and Hitachi exec Akinobu Shimada succeeded he
Foodtech unicorn Rebel Foods managed to cut its net loss for the fiscal year FY26 by 16.3% to ₹281.8 Cr from ₹336.6 Cr in the previous fiscal. Operating revenue rose 20.7% to ₹1,951.6 Cr compared to ₹1,617.4 Cr in FY25. The rise in revenue was led by product sales. Revenue from t
The News Sen. Andy Kim, D-N.J., stopped short of endorsing Medicare for All as the banner issue Democrats should run on in 2028 on Tuesday, instead arguing that the party should campaign on the broader promise of “guaranteed coverage” and universal care. At Semafor’s Future of He
The Last Free Women: A Daring Escape From Afghanistan and Coming of Age in America by Rebecca Blumenstein and Diana Kapp. In 2021, when Kabul fell to the Taliban, a team from the The New York Times — led by Rebecca Blumenstein — scrambled to evacuate many of the Times’ Afghan emp
Two dead after car hits group of pedestrians - Published Two people have died and four have been seriously injured after a car crashed into a group of people in Doncaster. South Yorkshire Police said officers were called to White Rose Way when a black Mitsubishi L200 hit a group
Related The capital account in July stood at a surplus of $27.7 billion. For the first four months, it was also a surplus of $23.9 billion, reversing the first quarter deficit as the RBI's dedicated dollar-mobilisation programme exceeded all expectations. The four months surplus
Companies have been increasingly using AI’s image generation chops to teach people photography skills. Google last year released a feature called Camera Coach on Pixel phones to guide users about framing and composition, and in July, Adobe released a new feature in its experiment
The IPO also includes an Offer-for-Sale (OFS) of over 4 crore equity shares by existing shareholders, according to the Draft Red Herring Prospectus (DRHP). Proceeds from the fresh issue will be used to invest in its subsidiary, ESPL, for augmenting its capital base to support onw
State Bank of India (SBI) has identified more than 1.7 million existing customers, with an investment potential of Rs 2.4 lakh crore, three times the Rs 80,000 crore it has already invested on behalf of wealth-management customers so far. In an investor presentation sent to the s
AI has dramatically lowered the barrier to building impressive prototypes. Getting those prototypes into production is a different story. Every founder hopes their breakthrough becomes a product customers can rely on. Yet the path from prototype to production rarely follows a str
India has finally put a price on larger transactions on its ubiquitous digital payments network, ending years of free processing for merchants as authorities seek to make a system used for billions of payments each month financially self-sustaining. The country’s Unified Payments
The MDR will apply to capital market-related payments, including payments towards mutual funds, securities, stockbrokers and dealers. UPI is one of the key payment channel for retail investors. It is widely used for IPO applications, mutual fund transactions and transfers linked
AI - SYSTEMS AI networking startups race to replace Nvidia's NVLinkIntel spin-off Cornelis and newcomer Delos Data pitch open alternatives for scaling AI beyond the rack -
Women’s health company Evvy on Tuesday said it has raised a $40 million Series B led by Catalio Capital Management. Launched in 2021 by Priyanka Jain, Laine Bruzek, and Pita Navarro, the company is best known for operating what it touts as the world’s only at-home CLIA-certified
Investment firm Novastar Partners has made its maiden India bet by investing an undisclosed sum in Aviral Bhatnagar-led venture capital fund A Junior VC (AJVC), becoming a limited partner (LP) for the firm. Founded in 2024 by Bhatnagar, AJVC is a pre-seed focused investment firm
Julian Lehr asked a good question the other day on X: what if Slack had never sold to Salesforce, stayed in founder mode, and went hard at AI? What would the product look like, and what would it be trading at? Two answers. It would almost certainly still be one product with an ec
America | Tech | Opinion | Culture | Charts In March, Senate Armed Services Chairman Roger Wicker pressed a panel of four Pentagon officials during a hearing on this potentially existential issue—munitions magazine depth. “We cannot be the Arsenal of Democracy,” Wicker reminded t
The National Payments Corporation of India (NPCI) has introduced a 0.4% Merchant Discount Rate (MDR) on select Person-to-Merchant (P2M) UPI transactions above Rs 2,000. The new framework will take effect from October 15, 2026. For transactions of Rs 75,000 and above, the MDR will
Bonobos on Thursday launched its fall campaign, per details shared with sister publication Marketing Dive. The effort centers on “The Weekday Warrior Show,” an episodic content series that will run across the brand’s digital and social channels throughout the season. The series s
It's not going to be one and done. A majority of respondents to the CNBC Fed Survey now forecast at least two rate hikes over the next one year, with a third predicting three or more. It's a stark change from last month when just 46% expected a hike ahead. That's grown to 86% wit