Germany is the latest actor to re-up its assault on Uber, as a court in Frankfurt ruled Thursday Uber cannot operate in the country the way it has been. For Uber, the loss means a tiny hit to its revenue, but mainly it is a sign of how the era of “easy growth” may be over. It also means that in order to keep operating, Uber will have to comply, or find a way around, the country’s seemingly...
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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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