Investing

The AI company has raised billions of dollars from companies including Microsoft.

AI startup Marqo completed the Series A round just six months after raising an $8.1 million seed round. The funds will go toward establishing a larger footprint in San Francisco where Marqo will now be headquartered.

The billionaire also indicated he plans to move Tesla’s state of incorporation from Delaware to Texas.

The feature will be accessible for some free and paid users before becoming more widely available.

Kristo Käärmann launched Wise (formerly TransferWise) back in 2011 with the aim of helping users move cash around the world – without the marked-up fees charged by banks. Since then, the company has gone on to process more than $48 billion in cross-border payments and save customers more than $2.9 billion

Liberty TripAdvisor Holdings, part of the Liberty Media empire, already has a controlling stake in Tripadvisor and appears to be buying the company outright.

Parker Conrad is bringing Rippling, his US$11.25 billion work management platform to Australia, nearly a year after Silicon Valley Bank’s collapse forced the business to liquidate $130 million to process its customers’ payrolls.

Shares of artificial intelligence leader Nvidia are up more than 400% since the beginning of last year, adding about $1.5 trillion to its market capitalization.

The media giant’s hot drop into the realm of Fortnite could be a game-changer for the metaverse, movies and theme parks. It’s an IP world, after all.

The world’s third-richest person sold some of his Amazon stock for the first time in more than two years.