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5 mentions found


☆ AI startup Grit raises $7 mln to automate software maintenance
  + stars: | 2023-08-15 | by ( Anna Tong | Thomson Reuters | Anna Tong Is A Correspondent For Reuters Based In San Francisco | ) www.reuters.com   time to read: +1 min
Aug 15 (Reuters) - Artificial intelligence code cleanup startup Grit has raised a $7 million in a seed round, the New York City-based startup said on Tuesday. Founders Fund and Abstract Ventures led the round, with participation from Quiet Capital, 8VC, A* Capital, AME Cloud Ventures, SV Angel, Operator Partners, CoFound Partners, and Uncorrelated Ventures. Grit provides an AI-powered product that automates software maintenance, traditionally a manual and frustrating task for software engineering teams, particularly for large enterprises with antiquated code bases. For example, when new versions of software come out, engineering teams can spend months updating their code to work with the new software version, which Grit uses AI to entirely automate, said the company’s CEO Morgante Pell. In one case, a software project that was supposed to take six months was shortened to one week using Grit, he said.
Persons: Morgante Pell, “, John Luttig, Anna Tong, Tomasz Janowski Organizations: New, Fund, Ventures, Quiet, AME Cloud Ventures, SV Angel, Partners, CoFound Partners, ”, Reuters, “, Thomson Locations: New York City, San Francisco
☆ A continuous glucose monitor helped me discover I have hypoglycemia. Here's how startup January uses AI to predict blood sugar spikes and crashes and coached me to better food choices.
  + stars: | 2023-08-14 | by ( Samantha Stokes | ) www.businessinsider.com   time to read: +16 min
The healthcare startup January uses CGMs and AI to monitor glucose levels, exercise, and sleep. I have low blood sugar, and January used machine learning to coach me to healthier habits. Low blood sugar, or hypoglycemia, is less common than high blood sugar, or hyperglycemia. Samantha Stokes/InsiderAt the end of January's AI training, I unlocked a suite of tools to track my food, exercise, blood sugar, and more. But January encouraged me to take a short walk after eating, which can help moderate glucose levels following a meal.
Persons: Marc Benioff, they're, Noosheen Hashemi, Hashemi, Marissa Mayer, Samantha Stokes, Mike Snyder, Insider's, What's, I've, CGM, didn't, Jesus Weligsander Perez Organizations: Felicis Ventures, AME Cloud Ventures, Apple Watch, Drug Administration, Stanford Medicine, Pace Locations: That's, SignalFire, Mount Sinai
☆ The $500 million robot pizza startup you never heard of has shut down, report says
  + stars: | 2023-06-03 | by ( Nathan Rennolds | ) www.businessinsider.com   time to read: +2 min
A robot pizza startup that raised almost $500 million has shut down, The Information reported. Zume, the robot pizza delivery startup that raised close to $500 million, has shut down, The Information reported. The company was founded in 2015 and aimed to automate the pizza-making process, but suffered a series of technological difficulties. According to The Information, Zume was "insolvent," and Sherwood Partners, a restructuring firm, had been instructed to sell the company's assets. It made a series of layoffs in 2020, cutting headcount by more than 500 employees — including all of its robotics and food-delivery truck business, Insider previously reported.
Persons: Zume, Alex Garden Organizations: Softbank, AME Cloud Ventures, Sherwood Partners, Bloomberg
☆ Dry clean your clothes in this climate startup's vending machine
  + stars: | 2023-02-14 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com   time to read: +3 min
Dry cleaning is not only costly for consumers, it's costly to the environment as well. While some industrial dry cleaners are opting for greener chemicals, others are looking to change the whole business model. Presso is an Atlanta-based startup that invented what looks like a vending machine for dry cleaning, but its process is a little different. The process, however, takes only a few minutes and can cost up to 80% less than traditional dry cleaning, depending on the garment. None of the process of even doing logistics inside a dry cleaning facility, none of that exists anymore," said Jain.
☆ This New App Wants to Pay You to Share Your Data For Advertising
  + stars: | 2022-12-20 | by ( Megan Graham | ) www.wsj.com   time to read: +7 min
The amount of compensation will be determined by a “data score” reflecting factors such as whether consumers answer demographic survey questions and which apps and services’ data consumers are sharing. Caden’s app, which will let consumers share their data in exchange for cash. SHARE YOUR THOUGHTS Would you share your data with an app like Caden? She said if consumers’ data is used in ways they don’t expect, they could be turned off and abandon such platforms. Some other players that offer compensation for data have required consumers share their entire profile with all brands.
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