Wednesday, July 24, 2024

LA-based Pearl, an FDA-approved startup that uses AI to assist dentists to make diagnoses, raised a $58M Series B led by Left Lane Capital at a $400M valuation (Katie Roof/Bloomberg)

Katie Roof / Bloomberg:
LA-based Pearl, an FDA-approved startup that uses AI to assist dentists to make diagnoses, raised a $58M Series B led by Left Lane Capital at a $400M valuation  —  - Los Angeles-based startup backed by Craft Ventures, Left Lane  — Pearl is valued at $400 million in fresh financing deal



Ferrari plans to accept crypto payments for its cars at European dealers from the start of August, and internationally by the end of 2024, expanding on the US (Giulio Piovaccari/Reuters)

Giulio Piovaccari / Reuters:
Ferrari plans to accept crypto payments for its cars at European dealers from the start of August, and internationally by the end of 2024, expanding on the US  —  Ferrari (RACE.MI) said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars …



Kamala Harris took a leading White House role on AI, including meeting executives, and a win could mean a continued relatively smooth runway for AI companies (New York Times)

New York Times:
Kamala Harris took a leading White House role on AI, including meeting executives, and a win could mean a continued relatively smooth runway for AI companies  —  The presumptive Democratic nominee has won concessions from Big Tech leaders on A.I., but she hasn't successfully pushed Congress to regulate.



Google's failed deal with Wiz, and with HubSpot before that, puts Google in an awkward spot to grow Cloud; Wiz staff are likely upset at missing a big payday (Parmy Olson/Bloomberg)

Parmy Olson / Bloomberg:
Google's failed deal with Wiz, and with HubSpot before that, puts Google in an awkward spot to grow Cloud; Wiz staff are likely upset at missing a big payday  —  It's the second time in as many months that the tech giant has lost a deal to boost its lagging cloud business.



Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...