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Chinese AI startup MiniMax jumped as much as 54% in its Hong Kong debut on Friday, after raising ~$619M in its IPO priced at ~$21.17 per share (Jeanny Yu/Bloomberg)

Jeanny Yu / Bloomberg : Chinese AI startup MiniMax jumped as much as 54% in its Hong Kong debut on Friday, after raising ~$619M in its IP...

2 October 2024

Numa, which uses AI to automate tasks for auto dealerships and has 600 customers in the US and Canada, raised a $32M Series B led by Touring Capital and Mitsui (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Numa, which uses AI to automate tasks for auto dealerships and has 600 customers in the US and Canada, raised a $32M Series B led by Touring Capital and Mitsui  —  Sometimes, a pivot ends up being the smartest decision company leaders can make.  See Netflix's pivot from DVDs to streaming …

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