Vercel, which sells a cloud-based platform for building and hosting applications and websites, has raised $150 million in Series D funding led by GGV Capital at a valuation of $2.5 billion. This is Vercel’s second funding round in six months, following a $102 million Series C in May led by Bedrock Capital. Vercel has now raised more than $310 million, up from $21 million when The Information...
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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...
Goldman Sachs Asset Management Closes $5.2 Billion Growth Fund
Twitter’s Head of Revenue Strategy & Operations Departs
Meta Beginning Effort to Trim Managerial Ranks
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