Tuesday, March 3, 2020

Five, formerly FiveAI, a UK-based startup that provides software for self-driving vehicles, raises $41M Series B, bringing total raised to $77M (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Five, formerly FiveAI, a UK-based startup that provides software for self-driving vehicles, raises $41M Series B, bringing total raised to $77M  —  We are still years away from a time when fully-autonomous cars will be able to drive us from A to B, and the complexity of getting to that point …



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...