Ramp hits $60B valuation as it expands its AI push

·1 views

Fintech company Ramp has reached a $60 billion valuation in its latest funding round. The raise comes as the company's annualized revenue surpasses $2 billion. Ramp's customer base has grown to 85,000 businesses. The company is also pushing further into artificial intelligence features. The source article provides limited detail beyond these figures.

Read the full story at TechCrunch

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Experts warn against sharing friends' data with AI personal assistants

A growing wave of consumer gadgets is built to collect data about everyone nearby, whether or not those people have agreed. Newer AI personal assistants, such as Meta's Muse, reportedly ask users to share information about friends, family, and past contacts as well as their own. Muse was released last month and has already been downloaded millions of times, reaching the top spot on Apple's App Store. The article argues that users are being encouraged to hand over other people's personal details without their consent. The full story is available at The Verge.

0 comments Read more at The Verge

TechnologyThe Verge ·

E Ink unveils Kaleido 4 color e-paper with better color, contrast and speed

E Ink has announced Kaleido 4, the next generation of its color e-paper screen technology. The current Kaleido 3 displays appear in e-readers and tablets from Kobo, PocketBook, and Boox, and Amazon's Kindle Colorsoft uses a customized version of it. The new technology is designed to fix shortcomings of its predecessor, offering improved color reproduction, stronger contrast, and faster screen refreshes. The announcement highlights E Ink's ongoing effort to make color e-readers more appealing alongside its other display technologies.

0 comments Read more at The Verge

TechnologyThe Verge ·

Nvidia's RTX Spark Laptops Aim to Run Windows Apps on Arm, Revisiting Surface RT's Failure

Nvidia is bringing its RTX Spark chips to a new wave of Arm-powered Windows laptops, with the first models launching this Friday, October 16th. The company says these machines will run the full range of Windows software, including major applications from companies like Adobe and Microsoft Office. This marks a notable contrast with the original Microsoft Surface, which used an Nvidia Tegra Arm chip and could not run existing Windows apps. That 2012 device was a commercial failure, forcing Microsoft to write off roughly $900 million in inventory. The new laptops thus represent Nvidia's second attempt at Arm-based Windows PCs, with compatibility as its central selling point.

0 comments Read more at The Verge

TechnologyThe Verge ·

Big Tech Firms Gave About $92 Million Toward Trump's White House Ballroom

Nvidia, Apple, Google, Microsoft, Amazon, and Meta together contributed roughly $92 million to the construction of a ballroom at the White House, according to a list of donors published by the Washington Post. Overall, Silicon Valley and crypto-industry players have reportedly provided more than $150 million to the project. Contributions came in several forms, including direct payments from companies, individuals, and charitable organizations linked to major firms or industry figures. Google's $22 million donation was reported as part of a contentious settlement, though the full details are only available in the complete article.

0 comments Read more at The Verge