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Friday, 14 March 2025

UiPath acquires Peak, which makes AI tools to optimize product inventory and pricing; Peak raised a total of $121M and reported revenue of just ~£9M in 2023 (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
UiPath acquires Peak, which makes AI tools to optimize product inventory and pricing; Peak raised a total of $121M and reported revenue of just ~£9M in 2023  —  A rush of agentic AI solutions is hitting the enterprise market, and now one of the bigger players in automation has scooped …



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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 ...