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Friday, 1 March 2019

Indian grocery delivery startup Grofers raises ~$60M from SoftBank Vision Fund, as part of a larger Series F round in progress, reportedly at a $425M valuation (Alnoor Peermohamed/The Economic Times)

Alnoor Peermohamed / The Economic Times:
Indian grocery delivery startup Grofers raises ~$60M from SoftBank Vision Fund, as part of a larger Series F round in progress, reportedly at a $425M valuation  —  SoftBank has moved Grofers to its $100 billion Vision Fund.  The Japanese group had earlier backed the e-grocer through its balance sheet.



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Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's R1 was a "massive overreaction" (Bloomberg)

Bloomberg : Demis Hassabis says Chinese AI companies are about six months behind leading western labs and the response to DeepSeek's ...