113 enterprise AI companies you should know

Enterprise companies comprise a $3.4 trillion market worldwide of which an increasingly larger share is being allocated to artificial intelligence technologies. By our definition, “enterprise” technology companies create tools for workplace roles and functions that a large number of businesses use. For example, Salesforce is the primary enterprise software used by sales professionals in a company. […]

MakeSpace raises $30 million to store your belongings

 If you live in New York, you’ve seen the subway ads. MakeSpace wants to free your apartment of clutter. And now the self-storage startup is getting $30 million to execute on their vision. This follows another $17.5 million raised last year. Venture capitalists from 8VC, Upfront Ventures, Harmony Partners and Summit Action believe that there’s a $30 billion market opportunity… Read More

Orange is launching a bank because reasons

 French telecom company Orange is launching a bank this Summer in France. Orange CEO Stéphane Richard listed some of the features behind Orange Bank this morning at a press conference. And let’s just say that it doesn’t sound as groundbreaking as the company thinks.
Just like N26, Revolut and others, you’ll be able to control your payment card directly from your phone. Read More

N26 launches business bank accounts for freelancers

 If you’re a freelancer or self-employed person, you can now open a dedicated business account with N26 in just a few minutes. These business accounts are pretty similar to the consumer accounts with one additional feature — you get 0.1 percent cashback on all your card purchases. Business accounts are available in all European countries where N26 already operates. You can’t… Read More

PayPal teams up with Android Pay for mobile payments

 PayPal is joining forces with Google’s Android Pay mobile payments platform, the companies announced this morning – an effort aimed at allowing PayPal to expand its footprint both within mobile applications as well as at brick-and-mortar retailers. The partnership will see PayPal becoming available as a payment method in the Android Pay service, which will allow U.S. users to pay… Read More

Uber shares growing financials to distract from negative publicity

 Uber, the popular ride-hailing startup, shared a grip of new financial metrics with Bloomberg today. The numbers indicate that the company is still growing at an impressive pace, and that despite staggering losses may be getting a handle on its cash burn. The company’s numbers have leaked in various quantities before, but today’s disclosure is a welcome dose of sunlight. That Uber… Read More

Baidu is acquiring xPerception, a U.S. startup focused on computer vision

 Baidu is acquiring xPerception, a US startup specialized in computer vision, according to Reuters. Details are sparse, but we know the startup has its own module for object recognition and depth perception that can be deployed on robots and drones. The Chinese tech giant has been active in machine intelligence M&A this year. Back in February it acquired Raven Tech, a Chinese startup… Read More