The auction process for Grubhub, the U.S. online food ordering pioneer, may soon get more crowded. Two Europe-based food ordering and delivery firms, Just Eat Takeaway and Delivery Hero, have officially and separately signaled to Grubhub that they would each like to discuss a merger with the U.S. company. Uber had been in deep negotiations to buy Grubhub for several weeks but so far the companies...
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Chatbot Startup Character Seeks $250 Million, Testing Investor Appetite for AI
Character, an AI chatbot startup founded by two former Google researchers, has told investors it wants to raise as much as $250 million in new funding, according to two people with direct knowledge of the matter. The pitch will test investors’ appetite for machine-learning startups as Microsoft’s multibillion-dollar deal with OpenAI casts a halo over the sector. A funding round of...
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