Getir, the Istanbul-based instant delivery firm that expanded to the U.S. last year, raised $768 million in new cash valuing the company at $11.8 billion, the company announced Thursday. The round was led by existing investor Mubadala Investment Company and included other deep-pocketed backers like Sequoia Capital, Tiger Global Management, and the Abu Dhabi Growth Fund. The fundraise stands...
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Microsoft Might Keep Losing in Search and Still Win
Could Microsoft win even if it loses in the next chapter of internet search? That was the question running through my head at an event in Redmond, Wash., earlier today, where Microsoft confirmed reporting from The Information and others when it announced it will remake its Bing search engine using artificial intelligence technology from OpenAI. The new and improved...
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