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Hebbia raises nearly $100M Series B for AI-powered document search led by Andreessen Horowitz

​[[{“value”:” Hebbia, a startup using generative AI to search large documents and return answers, has raised a nearly $100 million series B led by Andreessen Horowitz, according to three people with knowledge of the matter.  The round valued the company between $700 – $800 million although TechCrunch couldn’t verify whether that valuation is pre- or post-money. […] © 2024 TechCrunch….

MagicSchool thinks AI in the classroom is inevitable, so it’s aiming to help teachers and students use it properly

​[[{“value”:” These days, when you hear about students and generative AI, chances are that you’re getting a taste of the debate over the adoption of tools like ChatGPT. Are they a help? (Yay! Great for research! Fast!) Or are they a harm? (Boo! Misinfo! Cheating!). But some startups are taking the arrival of generative AI in […] © 2024 TechCrunch….

Andrew Ng plans to raise $120M for next AI Fund

​[[{“value”:” AI bigshot Andrew Ng’s AI Fund, a startup incubator that backs small teams of experts looking to solve key problems using AI, plans to raise upwards of $120 million for its second tranche. A filing with the SEC shows that the AI Fund’s second fund, AI Venture Fund II, has so far amassed $69.75 million […] © 2024 TechCrunch….

VW taps Rivian in $5B EV deal and the fight over Fisker’s assets

​[[{“value”:” Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Am I the only one whose head is spinning from all of the transpo news this week? Reminder, it’s only Thursday morning. Let’s jump in! Oh wait, […] © 2024 TechCrunch….

As battery startups fail, Sila snaps up $375M in new funding

​[[{“value”:” Amid a fraught environment for battery startups, Sila has raised $375 million to finish construction of a U.S. factory that will scale its next-generation battery technology for customers like Mercedes-Benz and Panasonic by the end of 2025. Sila, formerly known as Sila Nanotechnologies, is slated to finish construction of its Moses Lake, Washington plant in […] © 2024 TechCrunch….