Wednesday, October 23, 2019

Industrial IoT company PTC to acquire Onshape, maker of a SaaS product development platform for CAD, for $470M; Onshape has received over $150M in VC funding (Stephanie Condon/ZDNet)

Stephanie Condon / ZDNet:
Industrial IoT company PTC to acquire Onshape, maker of a SaaS product development platform for CAD, for $470M; Onshape has received over $150M in VC funding  —  The $470 million deal should help PTC, a major industrial IOT player, accelerate its transition to a SaaS-based business model.



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Moonshot says Kimi K2.5 builds on K2 with "pretraining over ~15T mixed visual and text tokens" and "can self-direct an agent swarm with up to 100 sub-agents" (Kimi)

Kimi : Moonshot says Kimi K2.5 builds on K2 with “pretraining over ~15T mixed visual and text tokens” and “can self-direct an agent swarm ...