OpenAI acquires personal finance startup Hiro Finance for an undisclosed sum; Hiro stops new signups, will shut down on April 20, and delete all data on May 13
OpenAI has acquired personal finance startup Hiro Finance, founder Ethan Bloch announced on Monday and OpenAI confirmed to TechCrunch.
Unacademy CEO Gaurav Munjal says the Indian edtech startup's valuation has fallen from its $3.5B peak three years ago to less than $500M, and confirms M&A talks
Jagmeet Singh / TechCrunch :
Barcelona-based Titan OS, which provides a smart TV operating system to TV makers like Philips and JVC, raised a €50M Series A led by Highland Europe
Ivan Mehta / TechCrunch :
Sumble, which offers an AI sales intelligence service, emerges from stealth and raised a $30M Series A led by Canaan Partners and $8.5M seed led by Coatue
Ram Iyer / TechCrunch :
eBay agrees to acquire Tise, a social marketplace for secondhand fashion and interior design items that has raised $45M in funding, for an undisclosed sum
Aisha Malik / TechCrunch :
Nothing plans to invest $100M to spin off budget brand CMF into an independent subsidiary, with India as its manufacturing and R&D headquarters
Ivan Mehta / TechCrunch :
Intel CFO says the US deal aims to deter Intel from selling its foundry; it lets the US buy 5% more at $20/share if Intel's stake in the unit falls below 51%
until it didn't Mai Tao / Robotics & Automation News : US government takes 10 percent stake in Intel for $9 billion Ashley Belanger / Ars Technica : Intel details everything that could go wrong with U...
Sources: Cursor maker Anysphere acquired Koala, an AI-powered CRM startup that raised a $15M Series A five months ago; Koala plans to shut down in September
Maxwell Zeff / TechCrunch :
UK-based high-end fashion marketplace Lyst agrees to a $154M acquisition by Japan-based fashion and e-commerce company Zozo; Lyst was valued at ~$700M in 2021
Ingrid Lunden / TechCrunch :
A researcher says changes in X's web app suggest that X plans to let Verified Organizations bid on abandoned X handles, with prices ranging from $10K to $500K+
Sarah Perez / TechCrunch :