TikTok goes Whee, whee, whee, all the way home: TikTok's new social app Whee, an Instagram-like service for taking photos to share with friends, isn't doing so well. What's more is that ByteDance isn't really commenting on the plans it has for Whee. Read more
Another humanoid robot: MIT research scientist Jerry Pratt and Figure quietly parted ways last month. Now he has announced the founding of another entry in the increasingly crowded world of humanoids called Persona AI. Read more
A better sales funnel: Creatio, now with $200 million and a $1.2 billion valuation, wants to give your small business the customer relationship management workflow you need without the fees of a big CRM company. Read more
Flipkart launches payment app: A year after separating from PhonePe, the company is back with a new product, dubbed Super.money. It allows users to make mobile payments via UPI, an interoperable network that is the most popular way Indians transact online. Read more
Communication breakdown: The Supreme Court rejected a Republican-led challenge to the Biden administration's communication with social media companies to combat online misinformation on topics related to COVID-19 and the 2020 election. Read more
Snaps to this video-editing tool: Video editing app Captions launched a new feature that takes an existing unedited video and adds custom graphics, zooms, music, sound effects, transitions and motion backgrounds based on the content. Read more
The winners are…: The European Union has announced the winners of a "Large AI Grand Challenge" it kicked off earlier this year in a bid to accelerate the pace of homegrown innovation by large-scale AI model makers. Read more
Hacker breaches Indian government portal: And is now claiming to be selling an extensive database of personal information by those who signed up for the eMigrate portal. It helps Indian labor legally emigrate overseas and provides emigration clearance tracking and insurance services to migrant workers. Read more
MONEY, MONEY, MONEY 💰
Fetcherr lands $90 million to get airlines on board with dynamic pricing. Read more
CData, which helps orgs use data across apps and build AI models, snaps up $350 million. Read more
Formation Bio raises $372 million to boost drug development with AI. Read more
Data lakehouse Onehouse nabs $35 million to capitalize on generative AI revolution. Read more
