Lightspeed Venture Partners, an investor in GrubHub, Stitch Fix and Oyo, has closed three new funds totaling more than $4 billion in new capital, the venture firm announced Tuesday morning. In addition to raising $890 million for its thirteenth core fund focused on early-stage enterprise and consumer startups, Lightspeed said it raised $1.83 billion for follow-on investments in existing...
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What Google’s AI Catch-Up Reveals
Google is finally waking up. After weeks of excitement coursing through tech about OpenAI’s ChatGPT chatbot, paired with news coverage of how Microsoft plans to incorporate it into products like Bing and Word, Google has made a move. The tech company once seen as a leader in artificial intelligence on Monday unveiled its version of a conversational AI service, which it calls Bard. Google said...
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