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AI logistics startup Augment, from Deliverr’s founder, raises massive $85M Series A

Having built and sold e-commerce shipping startup Deliverr to Shopify for $2.1 billion in 2022, co-founder and CEO Harish Abbott knows the logistics industry well. Abbott felt that many manual tasks in logistics could be automated using AI. That’s why last year he launched Augment, which offers an AI assistant called “Augie” that can take … Read more

Anduril alums raise $24M Series A to bring military logistics out of the Excel spreadsheet era

Silicon Valley is doubling down on defense as geopolitical tensions rise and appetite for modernizing warfare grows. And while many of the startups garnering large valuations are focused on hardware and weaponry — think Anduril, Shield AI, and Skydio — Rune Technologies wants to tackle AI-enabled software for military logistics.  “The U.S. military runs on … Read more

Uber eyes B2B logistics push in India through state-backed open commerce network

Uber is entering India’s growing B2B logistics market by extending its partnership with the Indian government-backed nonprofit that aims to break the domination of the e-commerce duo Amazon and Walmart-backed Flipkart and widen digital commerce in the South Asian nation. On Monday, the ride-hailing giant announced it will soon launch its B2B logistics service through … Read more

Google, Speedinvest back Kenya’s Leta, which uses AI to make logistics cheaper

African businesses pay up to four times the global average to transport goods, driving up prices for essentials like food and medicine. Logistics make up 75% of product costs on the continent, according to the African Development Bank (AfDB). Many of these businesses also rely on manual logistics, leading to delays. Nairobi-based logistics software-as-a-service provider … Read more

AMZN Q4 Call Highlights: $100B Capex, Logistics Shift, and Supply Constraints!

Amazon.com Inc., the world’s largest online retailer and a prominent cloud service provider, in its Q4 earnings call outlined a $100 billion capex plan for 2025, primarily focused on AI infrastructure for AWS, while noting that hardware supply constraints are currently limiting AWS’ AI-driven growth until late 2025. The company is making significant strides in … Read more

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