@venturevillagewall · Post #3438 · 12/19/2024, 07:06 AM
Major Moves in Tech and AI 🔹Avito acquires two advertising services: AdRiver and Soloway; no deal amount disclosed but estimates range from 0.5-2.5 billion rubles. More on this from RBC. 🔹Perplexity raises $500M at a $9B valuation. The AI startup specializes in delivering prompt answers to users. Previous valuation was at $3B; read more on Bloomberg. 🔹 Formerly known as TuSimple, the self-driving truck company rebrands to CreateAI, focusing on AI for video games after abandoning its trucking ambitions. Article on CNBC. 🔹 Ex-investment director of RUSNANO, Nail Gubaev, under investigation for alleged embezzlement, signs contract with the Ministry of Defense, prompting a suspension of prosecution. Details in Kommersant (link). 🔹 Insights from Smart Ranking show Russia’s medtech market grew 40% in Q3, with companies like Steplife (+258.5%) and Motorika (+190.95%) leading the growth in prosthetics. More info here: Kommersant. 🔹Broadcom reports a 220% revenue rise, solidifying its status as a $1 trillion company amidst soaring chip demand for AI. Read more on Business Insider. #Avito#Advertising#Funding#AI#Perplexity#TuSimple#CreateAI#MedTech#Prosthetics#Broadcom#RevenueGrowth#NVIDIA#Embezzlement#TechNews#Startups#China#MarketTrends#Innovation#Investments#MarketValuation#TechAcquisition