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Oyo valuation crashes over 75% and Khosla Ventures backs DevRev at $1.15B valuation 🤝

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The Venture
August 12, 2024

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Oyo valuation crashes over 75% in new funding | TechCrunch

The valuation of Oyo, once India's second-most valuable startup at $10 billion, has dipped to $2.4 billion in a new funding round, as confirmed by The valuation of Oyo, once India's second-most valuable startup at $10 billion, has dipped to $2.4 billion.

techcrunch.com/2024/08/11/oyo-valuation-crashes-over-75-in-new-funding

Recursion CEO on $688M Exscientia acquisition: Hope to bring better medicines to patients sooner

Chris Gibson, Recursion co-founder and CEO, joins 'Squawk Box' to discuss the company's $688 million acquisition of Exscientia, the use of AI in drug discovery, and more.

www.cnbc.com/video/2024/08/09/recursion-ceo-on-688m-exscientia-acquisition-hope-to-bring-better-medicines-to-patients-sooner.html

Khosla Ventures Backs AI Startup DevRev at $1.15 Billion Valuation

(Bloomberg) -- DevRev Inc., a startup using artificial intelligence for customer support and other tasks, raised $100 million from Khosla Ventures and other investors in round that valued the company at $1.15 billion.Most Read from BloombergHow a Tiny Midwestern Town Became a Mecca for Modern ArchitectureHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestLos Angeles Sees Remote Work Helping ‘No Car’ 2028 Ol

finance.yahoo.com/news/khosla-ventures-backs-ai-startup-150000129.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAABw5kPRqq3U7SARmNJtXpwv4GfrnijQ1XhBqaJQQedqq-sSOnOiGoCaQkvUXlB5whJX2RqS4bngczWOQwZQ9nHimmGkPou5kZFckl_gKJFyKZE6zXWCj35hHiTLyoYh7dLXvlM1Qi5phGYsXWebUG5NNRuwcX_L0tGZkXNCeUtZq

Exclusive: Anysphere, a GitHub Copilot rival, has raised an over $60M Series A at  $400M valuation from a16z, Thrive, sources say

Anysphere, a two-year-old startup that’s developed an AI-powered coding assistant called Cursor, has raised over $60 million in a Series A financing at a

techcrunch.com/2024/08/09/anysphere-a-github-copilot-rival-has-raised-60m-series-a-at-400m-valuation-from-a16z-thrive-sources-say

As Alexa turns 10, Amazon looks to generative AI | TechCrunch

While Amazon has continued releasing Echo devices, including an upgraded Spot announced last month, the company has taken its foot off the gas.

techcrunch.com/2024/08/10/as-alexa-turns-10-amazon-looks-to-generative-ai