Technology
11x.ai, a developer of AI sales reps, has raised $50M Series B led by A16Z, sources say
11x.ai, a startup that develops AI-powered sales development bots, has secured roughly $50 million in Series B funding, TechCrunch has learned. The new round was led by Andreessen Horowitz, valuing the company at around $350 million, multiple sources told TechCrunch.
The recent deal follows the company’s $24 million Series A, which was led by Benchmark with the participation of other investors including 20VC, Project A, Lux Capital, and SV Angel. While 11x.ai announced its Series A round earlier this month, we’ve learned that the deal closed earlier in 2024. The company was valued at $90 million during its Series A, according to one source.
11x.ai and Andreessen Horowitz didn’t immediately respond to a request for comment.
Hasan Sukkar, 11x’s founder and CEO, told TechCrunch that the company is approaching $10 million in annual recurring revenue. This implies that investors valued the startup at about 35 times ARR, a multiple that’s a notch more grounded than heady valuations recently garnered by other AI-powered companies with similar revenues. For example, Hebbia, a large document search startup, has raised a Series B at 54 times ARR, TechCrunch reported in July.
While Series B places 11x.ai ahead of competitors in terms of valuation and total capital, investors told TechCrunch that it’s still too early to tell whether the company has established a significant lead over its rivals. 11x.ai is one of many quickly growing startups building AI sales development representatives, or AI SDRs. Other startups working on similar solutions include Reggie.ai, AiSDR and Artisan. Incumbents such as Salesforce have also introduced products that work as autonomous sales agents.
Although some investors are wary of backing AI SDR startups because it is hard to distinguish these companies’ offerings from each other, 11x’s Series B shows that other VCs are not afraid to make a larger bet on one of these startups.
11x.ai currently has two AI bots, or what the company is calling “automated digital workers.” Alice is an AI SDR that handles sales lead generation, research and customer outreach. The company recently introduced Jordan, an AI phone sales representative that speaks over 30 languages and can handle inbound and outbound conversations with prospective human buyers.
The company told TechCrunch last year that they’re developing AI bots for talent acquisition and human resources. Now that 11x.ai has more capital, it may focus on expanding its suite of digital employees beyond just sales representatives.
Technology
The entire Vivo X200 family appears in all color options
The Vivo X200 puzzle is slowly coming together. Vivo confirmed the front and rear designs of the Vivo X200 recently, and now all three smartphones from the series have surfaced, in all color options.
The entire Vivo X200 series shows up online in all color options
The devices in question here are the Vivo X200, Vivo X200 Pro, and Vivo X200 Pro Mini. As expected, the three phones will look very similar. Designs of all three phones appeared on JD.com, one of China’s largest retailers.
If you check out the gallery below, you’ll get to see all three phones. You can see their backs and their sides here. All three models will have flat sides all around, which will be rounded slightly towards the edges. They will all have a circular camera island on the back, with ZEISS optics.
These designs lead us to believe that all three phones will have flat displays. We know that the Vivo X200 will, thanks to Vivo’s confirmation, but the other two will as well, almost certainly. The bezels will also be quite thin, though they may differ from one model to the next.
The Vivo X200 & Vivo X200 Pro Mini will have a similar camera layout
The Vivo X200 and Vivo X200 Pro Mini have a similar camera layout on the back. That layout does differ from what the Vivo X200 Pro offers so that phone will be easy to differentiate.
The Vivo X200 and Vivo X200 Pro will be available in the same color options. Moonlight Black, Moonlight White, Sapphire Blue, and Titanium colors are coming, as you can see.
The Vivo X200 Pro Mini, on the other hand, will be available in white, pink, green, and black colors. Vivo will likely use Moonlight Black and Moonlight White names here too, while we still don’t have official names for the pink and green models.
The Vivo X200 series will become official on October 14. That much has been confirmed by the company. These devices will launch in China, while there’s still no info regarding a global launch. They will be coming to more markets, though.
Technology
Amazon’s Fire HD 10 tablet drops to a record-low price ahead of October Prime Day
If you’ve been on the lookout for a killer deal on a perfectly decent tablet for streaming videos and catching up on some reading, hunt no more. Just ahead of the October edition of Prime Day, Amazon has , which is a discount of $65. This matches the tablet’s lowest price to date, which we saw .
The deal is for a model with 32GB of storage and ads on the lockscreen. Expanding the storage is easy enough thanks to the microSD slot, but to get rid of the lockscreen ads you’ll need to buy a different version (which, ).
The base Fire HD 10 has dropped back down to its lowest price to date. You can snap up one of Amazon’s tablets for $75 ahead of the October edition of Prime Day.
You probably won’t be doing as much creative work on a Fire HD tablet as you might on an iPad Pro. But for kicking back and catching up on a show or reading a Kindle book, Amazon’s tablet certainly does the trick. It has a 10.1-inch Full HD display with a promise of up to 13 hours of battery life. Amazon says it delivers 25 percent faster performance than the previous model and it has 3GB of storage.
You can use the tablet to keep up with family and friends using messaging apps or hop on video calls with the help of the 5MP front-facing camera. You can also use a stylus to sketch in various apps. There’s Alexa integration as well, of course — you can use the tablet to control smart compatible home devices and get a live view of connected security cameras.
One thing worth noting is that Amazon has yet to hold its usual fall devices event, so it may be using the October Prime Day sale to get rid of its current inventory of devices on the cheap before announcing upgraded models. Even if Amazon does have new tablets to show off in the coming weeks, though, you’ll still have a solid device in hand if you snap this one up.
Follow @EngadgetDeals on Twitter for the latest tech deals and buying advice in the lead up to October Prime Day 2024.
Servers computers
507019-B21 HP Blade Server Cabinet BLc7000 Rackmount Enclosure
507019-B21 HP Blade Server Cabinet BLc7000 Rackmount Enclosure
at Genisys. http://bit.ly/11qtfzv
Expert IT refurbishing for over 20 years.
(425)869.6055 .
source
Technology
Invesco raises its valuation of Swiggy to $13.3B
U.S. asset manager Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food-delivery and quick-commerce startup that is on track to go public in about a month.
In a disclosure on Tuesday, Invesco’s Developing Markets Fund said it valued the 28,844 shares it owns in Swiggy at $219.25 million as of the end of July 2024. The asset manager bought the shares in Swiggy for $190.47 million.
Invesco invested in Swiggy in early 2022, leading a $700 million round in the Bengaluru-based startup. The round valued the company at $10.7 billion.
Invesco has been fairly conservative with its assessment of its holdings in Swiggy. When the market dipped in 2023, Invesco lowered its estimated value of Swiggy to $5.5 billion at the end of July 2023, and held it at about $12.3 billion at the end of April this year.
Firms use different methodologies to calculate the valuation of privately-held companies. Generally, they use the market performance of a publicly listed rival to benchmark such companies. Zomato, Swiggy’s chief rival, has had a market cap between $22 billion and $30 billion in recent months.
Baron, another investor in Swiggy (though it owns fewer shares in the food delivery startup than Invesco), valued the Indian firm at $15.1 billion at the end of March this year.
“Swiggy is well positioned to benefit from structural growth in online food delivery in India, in our view,” Baron said in a letter in June. “We believe India’s food delivery industry is still in its infancy and will continue to scale over the next several years thanks to a growing middle class, rising disposable income, higher smartphone penetration, and structural shifts in consumer preferences driven by a tech-savvy, younger population. The industry has also become a duopoly between Swiggy and Zomato, which bodes well for the future profitability and scale of the company.”
The mark up in valuation comes at a time when many investors have cut the value of their holdings in several Indian and overseas startups. In a June update to its investors, wealth and asset manager 360 One said it valued VerSe, an Indian startup that operates the popular news aggregator Dailyhunt, at $2.9 billion, down from the $5 billion price tag at which VerSe raised its last private round in April 2022.
#60 One ascribed a valuation of about $900 million to online meat and seafood retailer Licious, and $1.9 billion to edtech company upGrad, TechCrunch previously reported.
Swiggy is seeking to raise as much as $1.4 billion in the IPO at a valuation range of $13 billion to $15 billion.
Servers computers
The New PowerEdge XE9680 Server
Boosts insights from growing data sets with AI acceleration technology designed for optimal performance, fastest time-to-value and air-cooled operations.
The Dell PowerEdge XE9680 is a no-compromise acceleration server designed to drive business insights in the most demanding Deep Learning applications such as large natural language processing models, recommendation engines, data analytics, and in HPC modeling and simulation workloads. Features:
* Delivering powerful AI training performance with 8x NVIDIA GPU accelerators
* Scale up capabilities with choice of NVIDIA H100 or A100 GPUs in air-cooled chassis
* DDR5 and PCIe Gen5
Learn More – https://www.dell.com/BXVWF2r3bOU .
source
Technology
A PS5 update that screwed up game backgrounds was just a bug
An apparent bug was causing game art backgrounds to be replaced by promotional messages and news posts on the PlayStation 5 dashboard for some people on Monday. The images they saw featured promotions for long-expired discounts and ads for new games.
People lamented the change in forums and on social media, saying the game art that previously showed up when they highlighted a game was gone. Instead, the image that would ordinarily show up as a news post in a separate section of the PS5 UI was splashed across the screen behind games like Miles Morales, Hi-Fi Rush, and Final Fantasy VII Remake.
In a since-deleted post, Daniel Hiatt, product lead for Game Hub and Activity Suggestions with PlayStation, wrote Monday afternoon that the change was a “(new) bug with an existing feature.” Then, by 6PM ET, those game pages are back to normal, as we confirmed on our own PS5s. The @AskPlayStation account on X confirmed the fix, saying:
A tech error with the Official News feature on the PS5 console has since been resolved. There have been no changes to the way game news is displayed on PS5.
One Verge staffer shared some screenshots of the temporary new look while it was active, like the one below highlighting a launch discount for Animal Well that ended months ago (the game came out in May. We reviewed it!).
-
Womens Workouts1 week ago
3 Day Full Body Women’s Dumbbell Only Workout
-
Technology2 weeks ago
Would-be reality TV contestants ‘not looking real’
-
Science & Environment2 weeks ago
‘Running of the bulls’ festival crowds move like charged particles
-
News1 week ago
Our millionaire neighbour blocks us from using public footpath & screams at us in street.. it’s like living in a WARZONE – WordupNews
-
Science & Environment2 weeks ago
How to wrap your mind around the real multiverse
-
Science & Environment2 weeks ago
Hyperelastic gel is one of the stretchiest materials known to science
-
Science & Environment2 weeks ago
How to unsnarl a tangle of threads, according to physics
-
Science & Environment2 weeks ago
ITER: Is the world’s biggest fusion experiment dead after new delay to 2035?
-
Science & Environment2 weeks ago
Maxwell’s demon charges quantum batteries inside of a quantum computer
-
Science & Environment2 weeks ago
Liquid crystals could improve quantum communication devices
-
Science & Environment2 weeks ago
Physicists are grappling with their own reproducibility crisis
-
Science & Environment2 weeks ago
Sunlight-trapping device can generate temperatures over 1000°C
-
News2 weeks ago
You’re a Hypocrite, And So Am I
-
Science & Environment2 weeks ago
Quantum ‘supersolid’ matter stirred using magnets
-
Sport2 weeks ago
Joshua vs Dubois: Chris Eubank Jr says ‘AJ’ could beat Tyson Fury and any other heavyweight in the world
-
Science & Environment2 weeks ago
Why this is a golden age for life to thrive across the universe
-
Science & Environment2 weeks ago
Quantum forces used to automatically assemble tiny device
-
Science & Environment2 weeks ago
Caroline Ellison aims to duck prison sentence for role in FTX collapse
-
Science & Environment2 weeks ago
Nuclear fusion experiment overcomes two key operating hurdles
-
Science & Environment2 weeks ago
Laser helps turn an electron into a coil of mass and charge
-
Science & Environment2 weeks ago
Nerve fibres in the brain could generate quantum entanglement
-
Science & Environment2 weeks ago
Time travel sci-fi novel is a rip-roaringly good thought experiment
-
News2 weeks ago
Israel strikes Lebanese targets as Hizbollah chief warns of ‘red lines’ crossed
-
CryptoCurrency2 weeks ago
Cardano founder to meet Argentina president Javier Milei
-
Science & Environment1 week ago
Meet the world's first female male model | 7.30
-
Womens Workouts1 week ago
Best Exercises if You Want to Build a Great Physique
-
Science & Environment2 weeks ago
Why we need to invoke philosophy to judge bizarre concepts in science
-
CryptoCurrency2 weeks ago
Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
-
CryptoCurrency2 weeks ago
DZ Bank partners with Boerse Stuttgart for crypto trading
-
CryptoCurrency2 weeks ago
Ethereum is a 'contrarian bet' into 2025, says Bitwise exec
-
Womens Workouts1 week ago
Everything a Beginner Needs to Know About Squatting
-
Womens Workouts1 week ago
3 Day Full Body Toning Workout for Women
-
Science & Environment2 weeks ago
A slight curve helps rocks make the biggest splash
-
News2 weeks ago
▶️ Media Bias: How They Spin Attack on Hezbollah and Ignore the Reality
-
Science & Environment2 weeks ago
Quantum time travel: The experiment to ‘send a particle into the past’
-
CryptoCurrency2 weeks ago
Dorsey’s ‘marketplace of algorithms’ could fix social media… so why hasn’t it?
-
CryptoCurrency2 weeks ago
RedStone integrates first oracle price feeds on TON blockchain
-
CryptoCurrency2 weeks ago
Bitcoin bulls target $64K BTC price hurdle as US stocks eye new record
-
CryptoCurrency2 weeks ago
Low users, sex predators kill Korean metaverses, 3AC sues Terra: Asia Express
-
Sport2 weeks ago
UFC Edmonton fight card revealed, including Brandon Moreno vs. Amir Albazi headliner
-
CryptoCurrency2 weeks ago
Blockdaemon mulls 2026 IPO: Report
-
News2 weeks ago
Brian Tyree Henry on voicing young Megatron, his love for villain roles
-
CryptoCurrency2 weeks ago
Coinbase’s cbBTC surges to third-largest wrapped BTC token in just one week
-
News1 week ago
Four dead & 18 injured in horror mass shooting with victims ‘caught in crossfire’ as cops hunt multiple gunmen
-
Travel7 days ago
Delta signs codeshare agreement with SAS
-
Politics6 days ago
Hope, finally? Keir Starmer’s first conference in power – podcast | News
-
Science & Environment2 weeks ago
Being in two places at once could make a quantum battery charge faster
-
Science & Environment2 weeks ago
A new kind of experiment at the Large Hadron Collider could unravel quantum reality
-
Science & Environment2 weeks ago
How one theory ties together everything we know about the universe
-
Science & Environment2 weeks ago
Future of fusion: How the UK’s JET reactor paved the way for ITER
-
Science & Environment2 weeks ago
How do you recycle a nuclear fusion reactor? We’re about to find out
-
Science & Environment2 weeks ago
Tiny magnet could help measure gravity on the quantum scale
-
CryptoCurrency2 weeks ago
Crypto scammers orchestrate massive hack on X but barely made $8K
-
CryptoCurrency2 weeks ago
‘No matter how bad it gets, there’s a lot going on with NFTs’: 24 Hours of Art, NFT Creator
-
CryptoCurrency2 weeks ago
SEC asks court for four months to produce documents for Coinbase
-
Business2 weeks ago
How Labour donor’s largesse tarnished government’s squeaky clean image
-
Technology2 weeks ago
iPhone 15 Pro Max Camera Review: Depth and Reach
-
News2 weeks ago
Brian Tyree Henry on voicing young Megatron, his love for villain roles
-
Womens Workouts1 week ago
How Heat Affects Your Body During Exercise
-
Womens Workouts1 week ago
Keep Your Goals on Track This Season
-
Science & Environment2 weeks ago
UK spurns European invitation to join ITER nuclear fusion project
-
News2 weeks ago
Church same-sex split affecting bishop appointments
-
Technology2 weeks ago
Fivetran targets data security by adding Hybrid Deployment
-
CryptoCurrency2 weeks ago
$12.1M fraud suspect with ‘new face’ arrested, crypto scam boiler rooms busted: Asia Express
-
CryptoCurrency2 weeks ago
Decentraland X account hacked, phishing scam targets MANA airdrop
-
CryptoCurrency2 weeks ago
CertiK Ventures discloses $45M investment plan to boost Web3
-
CryptoCurrency2 weeks ago
Beat crypto airdrop bots, Illuvium’s new features coming, PGA Tour Rise: Web3 Gamer
-
CryptoCurrency2 weeks ago
Telegram bot Banana Gun’s users drained of over $1.9M
-
CryptoCurrency2 weeks ago
‘Silly’ to shade Ethereum, the ‘Microsoft of blockchains’ — Bitwise exec
-
CryptoCurrency2 weeks ago
Ethereum falls to new 42-month low vs. Bitcoin — Bottom or more pain ahead?
-
Business2 weeks ago
Thames Water seeks extension on debt terms to avoid renationalisation
-
Politics2 weeks ago
‘Appalling’ rows over Sue Gray must stop, senior ministers say | Sue Gray
-
Science & Environment1 week ago
CNN TÜRK – 🔴 Canlı Yayın ᴴᴰ – Canlı TV izle
-
News1 week ago
Why Is Everyone Excited About These Smart Insoles?
-
News5 days ago
US Newspapers Diluting Democratic Discourse with Political Bias
-
Politics2 weeks ago
Trump says he will meet with Indian Prime Minister Narendra Modi next week
-
Technology2 weeks ago
Can technology fix the ‘broken’ concert ticketing system?
-
Health & fitness2 weeks ago
The secret to a six pack – and how to keep your washboard abs in 2022
-
Science & Environment2 weeks ago
Single atoms captured morphing into quantum waves in startling image
-
Science & Environment2 weeks ago
How Peter Higgs revealed the forces that hold the universe together
-
Science & Environment2 weeks ago
A tale of two mysteries: ghostly neutrinos and the proton decay puzzle
-
CryptoCurrency2 weeks ago
2 auditors miss $27M Penpie flaw, Pythia’s ‘claim rewards’ bug: Crypto-Sec
-
CryptoCurrency2 weeks ago
Louisiana takes first crypto payment over Bitcoin Lightning
-
CryptoCurrency2 weeks ago
Journeys: Robby Yung on Animoca’s Web3 investments, TON and the Mocaverse
-
CryptoCurrency2 weeks ago
‘Everything feels like it’s going to shit’: Peter McCormack reveals new podcast
-
CryptoCurrency2 weeks ago
SEC sues ‘fake’ crypto exchanges in first action on pig butchering scams
-
CryptoCurrency2 weeks ago
Bitcoin price hits $62.6K as Fed 'crisis' move sparks US stocks warning
-
CryptoCurrency2 weeks ago
VonMises bought 60 CryptoPunks in a month before the price spiked: NFT Collector
-
CryptoCurrency2 weeks ago
Vitalik tells Ethereum L2s ‘Stage 1 or GTFO’ — Who makes the cut?
-
News2 weeks ago
Brian Tyree Henry on his love for playing villains ahead of “Transformers One” release
-
Womens Workouts1 week ago
Which Squat Load Position is Right For You?
-
News1 week ago
Bangladesh Holds the World Accountable to Secure Climate Justice
-
TV1 week ago
CNN TÜRK – 🔴 Canlı Yayın ᴴᴰ – Canlı TV izle
-
Technology1 week ago
Robo-tuna reveals how foldable fins help the speedy fish manoeuvre
-
Technology2 weeks ago
Is carbon capture an efficient way to tackle CO2?
-
Health & fitness2 weeks ago
The maps that could hold the secret to curing cancer
-
Science & Environment2 weeks ago
The physicist searching for quantum gravity in gravitational rainbows
-
CryptoCurrency2 weeks ago
Help! My parents are addicted to Pi Network crypto tapper
-
CryptoCurrency2 weeks ago
CZ and Binance face new lawsuit, RFK Jr suspends campaign, and more: Hodler’s Digest Aug. 18 – 24
-
Fashion Models2 weeks ago
Mixte
You must be logged in to post a comment Login