dumbcapital

EAT Club acquires Taro to expand its corporate lunch program 0
- Startup News, Uncategorized
- April 18, 2019
EAT Club, the lunch delivery service that counts companies like Facebook, Postmates and others as customers, has acquired meal delivery service Taro. Financial terms of the deal were not disclosed. Taro’s business model worked by shipping pre-made meals directly to consumers. With the acquisition, however, Taro will no longer serve customers directly. Instead, it will…
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6sense Nabs $27M 0
- Raises and Exits, Uncategorized
- April 17, 2019
SAN FRANCISCO, CA, 6sense, a leading Account Based Orchestration Platform, powered by AI, announced $27 million in funding.
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Cytora secures £25M Series B for its AI-powered commercial insurance underwriting solution 0
- Raises and Exits, Uncategorized
- April 17, 2019
Cytora, a U.K. startup that developed an AI-powered solution for commercial insurance underwriting, has raised £25 million in a Series B round. Leading the investment is EQT Ventures, with participation from existing investors Cambridge Innovation Capital, Parkwalk and a number of unnamed angel investors. A spin-out of the University of Cambridge, Cytora was founded in…
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Researchers say bias in AI a crisis, linked to lack of tech diversity 0
- Startup News, Uncategorized
- April 17, 2019
The questions surrounding bias in artificial intelligence are urgent and the answers lie in diversifying tech workforces, researchers say. A yearlong look at the issue, which included poring through 150 previous studies, found that “bias in AI systems reflects historical patterns of discrimination,” a new report being released Wednesday says. The report finds that such…
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