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How Macy’s, a department store chain founded when Abraham Lincoln was alive, created America’s biggest parade of the year

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For millions of Americans, Thanksgiving morning begins the same way: in front of a television, watching giant character balloons float down Manhattan’s streets while professional dancers, elaborate floats, and celebrity performers parade past. The Macy’s Thanksgiving Day Parade drew over 31 million viewers across the U.S. last year, including about 3.5 million people who actually … Read more

Kaltura acquires eSelf, founded by creator of Snap’s AI, in $27M deal

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Kaltura, a New York-headquartered AI video platform company, is acquiring eSelf.ai, an Israel-based startup behind conversational avatars — AI-generated digital humans that can talk with users — for about $27 million. Kaltura announced today that it has signed a definitive agreement to acquire eSelf, a platform supporting more than 30 languages and featuring a user-friendly … Read more

Exclusive: Touring Capital, founded by ex-M12 and SoftBank investors, closes $330 million first fund

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In August, a bombshell MIT study rippled through venture capital. The survey suggested that generative AI pilots are failing 95% of the time, a jarring proposition at a time when VCs, startups, and incumbents are plowing billions into “deploying AI.” Samir Kumar, general partner at Touring Capital and previously a CVC veteran, is well-equipped to … Read more

Exclusive: Phia, founded by Phoebe Gates and Sophia Kianni, raises $8 million seed round, led by Kle

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Phoebe Gates and Sophia Kianni turned their Stanford dorm room into a startup lab.  It’s a time-honored tradition at Stanford, a rite of passage many tech bigwigs have undertaken. Gates and Kianni started as randomly assigned roommates, but soon bonded over their shared love of activism and business. And, like many aspiring Stanford founders before … Read more

$15 billion Hawaiian private school founded by the family of King Kamehameha braces for affirmative action battle

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After water polo practice at her school atop a hill overlooking Honolulu Harbor, Kapua Ong marvels at the sunset. “I do feel proud of myself for getting in because not everyone gets accepted,” said Kapua, 14, a freshman at Kamehameha Schools, a competitive private school with affordable tuition that gives preference to Native Hawaiians. “I’m just, … Read more

Founded by Trump’s energy secretary, Liberty Energy aims to lead the AI-driven fracking future

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Enter the “Hive.” Just outside of Denver, a small team of people oversees Liberty Energy’s entire fleet of fracking operations nationwide, largely to supervise the AI-automated work with human eyes. Instead of golden honey, the Hive facilitates the churning out of millions of barrels of black gold—the crude oil produced from Liberty’s increasingly AI-dominated hydraulic … Read more

Orchard Robotics, founded by a Thiel fellow Cornell dropout, raises $22M for farm vision AI 

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Inspired by his grandparents, who were apple farmers in China, Charlie Wu got the idea to apply technology to agriculture while studying computer science at Cornell University, a top agriculture school. “I got to meet fruit professors who are the best in the world at what they do,” Wu told TechCrunch. “Through talking to them, … Read more

SoundHound’s millionaire boss founded 3 software startups before even graduating—he tells Gen Z who want to be their own boss ‘throw darts randomly’

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As someone who immigrated from Iran at age 17 knowing little English, becoming a tech entrepreneur one day may have seemed like a far-fetched dream. But Keyvan Mohajer always kept the mindset: You cannot hit big unless you try. And try he did. By the time he walked across the stage at the University of … Read more

Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-ups

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In late 2022, Noah Pepper, a former Stripe business lead for the Asia Pacific region, founded Multiplier, a startup that aimed to sell software to tax accountants. But soon after ChatGPT was released, it occurred to him that AI can change how professional service firms use technology. “I realized I was barking up the wrong … Read more

Multiplier, founded by ex-Stripe exec, nabs $27.5M to fuel AI-powered accounting roll-up

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In late 2022, Noah Pepper, a former Stripe business lead for the Asia Pacific region, founded Multiplier, a startup that aimed to sell software to tax accounts. But soon after ChatGPT was released, he realized that AI can change how professional service firms use technology. “I realized I was barking up the wrong tree by … Read more

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