Australian Machine Learning Operations (MLOps) Katonic.ai raised AU$1.6M (~US$1,015,825) in pre-Series A. The funding will be used to expand the staff and to expand products and services.
As part of its significant growth strategy in India, Hakuhodo INC, Japan’s second largest advertising company has acquired AdGlobal360(AGL) for an undisclosed sum. Adglobal360 was ranked as the fastest growing MarTech Company in 2019 by Deloitte. AdGlobal360 is Hakuhodo’s first acquisition in India as it seeks to enhance its technology and digital footprint.
Antitrust approval will be the largest hurdle for Southeast Asia-based super app Grab as the ride-hailing and food delivery firm flagged as a potential suitor for Foodpanda’s business in selected markets, analysts said.
Google will begin the U.S. rollout of its much-anticipated generative AI search capability this week, with rollout in other countries “coming soon.” Search results include links to information sources but Website owners still worry that detailed answers will result in fewer people clicking past Google to their own websites. From Google’s perspective that’s a feature, not a bug.