Standard AI has seen an explosion in demand for its computer vision platform. It now confirms the acquisition of ThirdEye Labs, a UK-based computer vision company. Standard AI, a global leader in computer vision for retail, announced the completion of its acquisition of ThirdEye Labs, a UK-based computer vision company, as well as the addition of Sameer Qureshi, a former Tesla and Lyft executive, as its first-ever vice president of machine learning. Standard AI will expand the capabilities of the Standard AI platform in exciting new ways to drive forward…
Read MoreMonth: November 2021
Google search using AR to show monuments in 3D
You can find all 3D monuments by searching on Android or iOS and then scrolling through the Knowledge Panel. The 3D models are built using 3D data from Google Earth and displayed via ModelViewer. Popular search engine Google added Augmented Reality (AR) few years ago. It first introduced popular 3D animals, followed by dinosaurs, cars, and athletes from the recent Olympics, among other objects that we can place in our living room and view from any angle using our smartphone. Google is now using augmented reality to bring you landmarks…
Read MoreSlice turns unicorn with $220 Mn round led by Tiger and Insight Partners
Credit card platform Slice, has raised $220 million in Series B round. The fund will be utilized for onboarding users, hiring, and development of new products. Credit card platform Slice, has raised $220 million from Tiger Global and Insight Partners in a Series B round. Sunley House Capital of Advent International, Moore Strategic Ventures, Anfa, Gunosy, Blume Ventures, and 8i were among the existing investors in the round. According to Slice, the new funds are valued at more than $1 billion. In 2021, the company will join the ranks of…
Read MoreIndian origin Parag agarwal to replace Jack Dorsey as Twitter’s CEO
Twitter CEO Jack Dorsey is stepping down as chief of the social media company. Parag Agrawal, the company’s chief technology officer, is taking over as CEO effective immediately. Jack Dorsey stepped down after 16 years as Twitter’s CEO and Indian-origin Parag Agrawal, a former alumnus of IIT Bombay, was named his replacement. Dorsey will serve on the board until the end of his tenure in 2022. Agrawal, who joined Twitter in 2011 and was named CTO in 2017, expressed confidence in his replacement. Before joining Twitter, Agrawal worked for companies…
Read MoreSaaS startup is in discussion Tiger Global for new round
SaaS startup Toplyne is in talks to raise a new round led by Tiger Global Management. Toplyne is a plug-and-play platform that enables sales teams at PLG (product-led growth) companies to boost their freemium user conversion rates. The funding binge is still going on asv SaaS firm Toplyne is in discussions to raise a new round led by Tiger Global Management. This comes just weeks after the Bengaluru-based startup raised $2.5 million in its first round of fundraising from Sequoia’s Surge, Together Fund, and other investors. “Tiger Global is in…
Read MoreTwitter is all set to launch new features before new year
The reactions feature launch is getting closer Twitter users will get replies coming from people they follow and other replies that would most likely be interesting to them. Following the release of several features this year, microblogging site Twitter is reportedly preparing new features for iOS users, including Reactions, Downvotes, and Sorted Replies. Twitter is getting busy this year, according to 9to5Mac, because the company is launching new features before the end of the year. In addition, the company is expected to have a slew of other surprises in store…
Read MoreUnicorn startup CoinDCX plans to pursue IPO once they get clarity on government regulations
CoinDCX to try for an IPO as soon as the government allows They are planning to promote blockchain technology CoinDCX, India’s first cryptocurrency unicorn, intends to go public as soon as regulations permit it, as per co-founder Neeraj Khandelwal. The share sale, similar to Coinbase Global Inc.’s U.S. listing earlier this year, would be a key vote of confidence for India’s digital asset industry, Khandelwal said in an interview with Bloomberg Television on Monday. “As soon as the government or the situation allows us, we will try for an IPO,”…
Read MorePrime minister Narendra Modi pointed out the importance of startups in India’s growth
India is leading in the world in startup domain India now has more than 70 unicorn startups Turning the spotlight on the importance of startups, Prime Minister Narendra Modi said on Sunday that India is, in some ways, leading the world in this domain, and that this could be a defining moment in India’s success story. The country now has more than 70 startups or unicorns with valuations exceeding $1 billion. In his radio programme Mann Ki Baat, the Prime Minister stated that in every country with a large youth…
Read MoreVedantu initiates first ESOP Plan worth Rs 20 Cr
Edtech startup Vedantu launched its first ESOP plan Vedantu became a unicorn startup in September 2021 Edtech startup Vedantu has launched its first-ever employee stock ownership plan (ESOP) liquidity plan worth Rs 20 crore for its employees as part of the startup’s ESOP linked bonus pay-out scheme. According to an email sent by Vedantu’s CEO Vamsi Krishna on Friday, the company will conduct more similar rounds in the future while widening the scope of coverage to include more of its employees. PhonePe announced a Rs 135 crore ESOP liquidity programme…
Read MoreWhatsApp to let users react to messages similar to Facebook and Instagram
WhatsApp was spotted working on a new feature that would let users react to messages with emojis WhatsApp users will be able to react to messages using a heart emoji or a fire emoji WhatsApp has recently been working on a slew of new features. The messaging app was seen developing a new feature that would allow users to respond to messages with emojis. iMessage users are aware of the reaction to the message feature. This feature was spotted being tested by WhatsApp a few months ago. When the feature…
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