July 16, 2024
From Eye Scans to Drug Design, AI Takes on Healthcare
Artificial intelligence is making waves across the medical field, with new studies showing promise in predicting eye treatment complications, analyzing heart MRIs, and even designing RNA-based drugs. While specialized healthcare...
July 16, 2024
Aggregators Take on Vacation Season With Travel Offerings
As the vacation season heats up, on-demand delivery aggregators are expanding their horizons with tailored travel offerings, aiming to capture consumers’ excitement to get out of dodge. DoorDash, for instance,...
July 16, 2024
Report: Amazon/Adept Deal Subject of FTC Inquiry
A U.S. regulator reportedly wants more information on Amazon’s deal with AI startup Adept. The Federal Trade Commission (FTC) has asked Amazon for details about the arrangement to hire researchers...
July 16, 2024
Ocado Sees Consumers’ Embrace of Online Grocery Return
Ocado CEO Tim Steiner said his company is benefitting from a resumption in online grocery buying. Consumers have gone back to eGrocery following a post-pandemic rise in brick-and-mortar buying, Steiner...
July 16, 2024
Huma Gets $80 Million to Build ‘Shopify for Digital Health’
Healthcare AI startup Huma has raised $80 million to develop its new digital health cloud platform. The platform, announced Tuesday (July 16), is designed to bolster the company’s digital health...
July 16, 2024
Real-Time Payments: The Cash Flow Spice Every Restaurant Needs
Since the pandemic’s onset, the restaurant industry has been navigating turbulent waters. Just as social distancing and stay-at-home orders receded, in swept inflation and other economic hardships. Restaurant sales are...
July 15, 2024
Goldman Sachs Unit Invests in Plaid, Databricks Company Stakes
Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group’s alternatives unit, Industry Ventures, Pathway Capital Management and Goanna...
July 15, 2024
Salesforce Cuts 300 Jobs in Year’s Second Round of Layoffs
Salesforce reportedly cut about 300 jobs in July after eliminating 700 roles earlier this year. The latest cuts are part of the company’s ongoing effort to streamline its operations, Bloomberg reported Monday...
July 15, 2024
China’s AI Surge Could Impact the Global Business Landscape, Experts...
Chinese companies are racing ahead in adopting generative artificial intelligence (AI), a technological leap that experts say could upend global commerce and give China a critical edge. This significant lead,...