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TechCrunch
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IBM acquires data analysis startup Seek AI, opens AI accelerator in NYC
- IBM has acquired Seek AI, an AI platform for enterprise data analysis using natural language, for an undisclosed sum.
- The technology from Seek AI will be integrated into Watsonx AI Labs, IBM's new NYC-based AI accelerator.
- Seek AI's tools help businesses leverage data through a chatbot-like interface, translating natural language questions into database queries for analysis.
- Watsonx AI Labs aims to bring together IBM researchers and engineers to develop AI solutions for companies with potential collaborations and investments.
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Pymnts
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Report: Samsung and Perplexity AI in Partnership Talks
- Samsung is in talks with Perplexity AI for a partnership deal where Perplexity's technology will be integrated into Samsung's hardware and devices.
- The potential deal may involve Perplexity app and assistant on new Samsung devices, integration of Perplexity's search features into Samsung's web browser, and incorporating the technology into Samsung's Bixby virtual assistant.
- Expected to be announced this year, Samsung aims to make Perplexity's service as a default assistant option in its Galaxy S26 phone scheduled for launch in the first half of 2026.
- Samsung is likely to become a major investor in Perplexity's new funding round of $500 million at a $14 billion valuation, following Perplexity's recent partnership with Motorola to integrate its technology into Motorola smartphones.
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Gritdaily
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Mexico’s AI Revolution: Turning Smartphones Into Medical Devices to Combat a Health Crisis
- Mexico City startup, Medsi AI, achieves first SaMD regulatory approval in the Western Hemisphere for its AI-powered diagnostic software.
- Utilizing smartphones, the AI software measures over 20 vital signs with medical-grade accuracy to detect health issues like hypertension early.
- The AI analyzes vital signs, cross-references medical literature, and generates personalized health insights akin to a medical specialist.
- Medsi AI became the first company in the Western Hemisphere to secure Class II SaMD approval, addressing Mexico's chronic disease epidemics.
- Mexico's healthcare crisis, exacerbated by dietary changes post-NAFTA, includes high rates of diabetes, hypertension, and inadequate healthcare coverage.
- The AI technology interprets health metrics with the sophistication of medical specialists, making early detection and personalized care possible.
- Clinical trials and pilot programs in Mexico have shown improved health outcomes with sustained user engagement and significant health marker improvements.
- Medsi's AI technology attracted $3 million Seed 1 funding round led by Laboratorios Sanfer, indicating market validation and strategic investment.
- The regulatory breakthrough with SaMD approval opens new possibilities for smartphone-based healthcare solutions, enhancing traditional healthcare.
- Medsi AI's approach exemplifies Health 3.0, where AI amplifies human medical expertise to democratize access to preventive care.
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ISN
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Infosys increases salary of CEO Salil Parekh for FY25 by 22% to Rs 80.6 crore
- Infosys CEO Salil Parekh's annual compensation for FY25 increased by 22% to Rs 80.62 crore, with stock options contributing significantly to his total pay.
- Parekh's remuneration included a base salary of Rs 7.45 crore, variable pay and incentives of Rs 23.18 crore, and retiral benefits of Rs 49 lakh for the fiscal year ending March 2025.
- He was granted 3,82,071 RSUs in FY25 and currently holds 11,85,548 shares in Infosys. The board has recommended his reappointment until March 31, 2027.
- Infosys reported a revenue of $19.28 billion in FY25, showing a 3.85% increase from the previous year. Parekh's compensation is 752 times the company's median employee salary. The company has 323,578 employees as of March 2025.
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ISN
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EaseMyTrip launches EaseMyTrip 2.0 to invest in high-potential, scalable startups
- Indian travel tech platform EaseMyTrip launches EaseMyTrip 2.0 to focus on strategic investments in travel and lifestyle sectors.
- EaseMyTrip 2.0 led by chairman and founder Nishant Pitti aims to invest in high-potential, scalable startups without seeking majority ownership.
- Initiative offers up to 49% equity in ventures, providing working capital support while entrepreneurs retain operational control.
- EaseMyTrip targets various sectors including group holidays, student travel, luxury travel, wellness, financial services, and airport offerings, seeking startups through corporate channel.
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Eu-Startups
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Swedish startup Ivy Interactive raises €917k to fast-track internal tool development with AI
- Swedish startup Ivy Interactive raised €917k in a pre-Seed funding round led by Luminar Ventures to expedite internal tool development with AI.
- Ivy Interactive, founded in 2025, aims to empower developers to create custom internal tools like CRMs and CMSs quickly using AI technology.
- The platform is designed to enhance developers' speed and flexibility, allowing for faster development of business-critical applications.
- Funding will support Ivy's expansion for the upcoming public launch, enabling rapid development and smart customisation of back-office solutions.
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Medium
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Founder Fuel: How to design pricing that scales before you even have customers
- Building a pricing engine before acquiring customers is crucial for startups.
- Pricing is about framing value, growth, and survival in business, not just charging for services.
- Tiers in pricing should be based on buyer maturity and confidence levels, not just feature access.
- Pricing should focus on reducing friction, highlighting outcomes, and creating a sense of safety for buyers.
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Startup Pedia
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ADB announces $10 billion funding for India’s urban infrastructure
- Asian Development Bank (ADB) announces a $10 billion investment for India's urban transformation, including metro extensions and urban infrastructure.
- ADB's five-year initiative aims to mobilize capital, accelerate delivery, and scale solutions for India's urban economy.
- The initiative is supported by India's Urban Challenge Fund (UCF) to draw private investment for urban infrastructure, with ADB providing additional technical assistance.
- ADB has made a country partnership strategy with India for 2023-2027, committing over $5 billion in financing each year to support urban projects and private investment.
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Medium
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WHY STAY IN SCHOOL WHEN YOU ARE BUILDING A BUSINESS?(It’s more than just a paper)
- Staying in school offers more than just a certificate, providing valuable skills and resources for building a business.
- Benefits of education for entrepreneurs include learning problem-solving skills, making connections, accessing free tools, and strengthening basic skills.
- Utilize your education to enhance your business by thinking critically, leveraging campus resources, and balancing academic commitments with entrepreneurial pursuits.
- Viewing school as a strategic tool rather than a mandatory task can significantly benefit your startup by fostering smart decision-making, fostering valuable connections, and enhancing your entrepreneurial resilience.
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Alleywatch
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Superblocks Raises $23M to Secure AI App Generation for the Enterprise
- Superblocks, a company addressing security challenges in AI-generated enterprise applications, has raised $23M in funding to support its AI app generation platform.
- The company's AI agent, Clark, generates secure enterprise applications from natural language prompts while ensuring compliance and security standards.
- Superblocks enables non-engineers to build internal applications quickly with AI tools, used by companies like Instacart and Cvent.
- The recent $23M Series A extension funding brings Superblocks' total funding to $60M, with investments from Kleiner Perkins and tech leaders like Aaron Levie.
- Superblocks stands out by offering a full-stack experience allowing for app generation with AI, visual refinement, and React code extension, tailored for enterprise needs.
- The company targets enterprises with significant operational complexity, aiming to automate manual business processes through AI-powered app development.
- Superblocks' SaaS business model charges based on the number of Builders and End Users, primarily focusing on enterprise accounts with heavy operational processes.
- Superblocks plans to scale Clark adoption across enterprises, deepen integrations, and grow its team to meet customer demand in the next six months.
- The company advises startups to focus on solving real problems efficiently and staying at the forefront of AI advancements to drive shipping velocity and customer value.
- Superblocks aims to expand its team and customer base, with a focus on scaling its AI agent and app platform to thousands of customers in the near term.
- Superblocks CEO Brad Menezes highlights the importance of understanding customer profiles and delivering solutions that offer measurable ROI, emphasizing the significance of rapid innovation in the AI space.
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ISN
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BigBasket enters 10-minute food delivery race in Bengaluru: Report
- BigBasket has entered the 10-minute food delivery market in Bengaluru with a curated menu of beverages, snacks, and ready-to-eat meals sourced from Tata Group brands.
- This move comes after BigBasket's plan to diversify into food delivery mentioned by its CEO in December 2024.
- The express food offerings by BigBasket leverage Tata Consumer's joint ventures with Starbucks and IHCL's food delivery platform Qmin for key items.
- The entry of BigBasket into rapid food delivery aligns with other platforms like Swiggy and Zomato, who are also focusing on quick commerce and tailored convenience menus for fast delivery.
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Startup Pedia
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Noida-based restaurant owner ditches Zomato for hidden fees and 'zero payout' - Viral post!
- A Noida-based small restaurant owner criticized Zomato for offering zero payouts, charging arbitrary amounts, and placing ads without consent.
- The owner, Manish, posted about the issues, including mystery service charges and unapproved ad placements, prompting him to remove his restaurant from the platform.
- Screenshots were shared by Manish to support his claims of zero payouts and unauthorized ad placements by Zomato, highlighting poor customer service as well.
- Zomato responded to the situation, offering to assist, while netizens shared their own negative experiences with Zomato and other food delivery apps like Swiggy.
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Medium
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Will verticalized sales tools supercharge industrial digitization?
- Legacy verticals are undergoing first principles changes with the adoption of point solutions that gradually transform into broader ERP evolution over time, focusing on delivering immediate value and expanding into adjacent workflows.
- Factors like labor shortages, an aging workforce, tech-savvy younger generations, AI advancements, cloud infrastructure, and user-friendly design are driving the shift towards verticalized sales tools in industrial sectors.
- The demand for AI in manufacturing software is increasing rapidly, supported by tech capabilities and industries ready to benefit from such advancements.
- Digitizing the sales process can drive immediate ROI, especially in industries where sales functions are underserved by legacy systems, resulting in friction-heavy, lengthy sales cycles.
- By modernizing sales processes and enhancing customer interactions, vertical sales tools can streamline operations, improve collaboration, and optimize product identification for better cross-selling opportunities.
- Successful adoption of vertical sales tools can lead to broader product offerings by becoming integral to an industry's operations, akin to Salesforce's strategy.
- Integration with legacy tools and addressing challenges related to incumbents' turf, IT dynamics, CRMs, and varying customer needs are essential for the growth and adoption of vertical sales tools in different industrial domains.
- The emergence of various specialized platforms in industrial sectors, including chemical sourcing and construction bidding software, indicates a trend towards vertical-specific digital solutions.
- The potential for vertical sales tools to serve as a foundation for future autonomous workflows, AI employees, and potential ERP replacement highlights their significance in the evolving digital landscape.
- The strategic importance of verticalized sales tools in industrial digitization prompts a deeper exploration of their role in shaping the future of ERP systems and intelligent systems.
- Companies operating in manufacturing, data, and intelligent system sectors are encouraged to consider the implications and opportunities presented by the integration of vertical sales tools.
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TechCrunch
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Startup Battlefield 200: Final week to submit your application
- Startup Battlefield 200 at TechCrunch Disrupt 2025 is accepting applications until June 9, offering startups a high-stakes opportunity for exposure, funding, and growth.
- The competition will feature 200 selected startups, with the top 20 battling on the Disrupt main stage for a chance to win $100,000 in equity-free funding and the Disrupt cup.
- Participants will receive various perks including exhibit space, tickets, media access, investor leads, master classes, and more.
- Eligible startups must be pre-Series A with MVPs and significant ambition, with applications closing in 7 days on June 9.
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Eu-Startups
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59
Madrid-based cybersecurity startup Dedge Security bags €4 million to secure the Web3 ecosystem
- Madrid-based cybersecurity startup Dedge Security secures €4 million in Seed funding round led by Tritemius.
- Founded in 2023 by Rubén Jiménez and Paco Moral, Dedge Security is the first ASPM platform designed for Web3 environments.
- Dedge's platform offers end-to-end security solutions for smart contracts, decentralized applications, and blockchain infrastructure.
- Their focus on continuous code security, Web3-native intelligence, end-to-end visibility, and automated prioritization sets them apart in the market.
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