Martech funding, product launches and M&A sink in 2023 per CabinetM’s latest report. Allyson Delaney on January 31, 2024 In 2023, martech funding and industry activity significantly dwindled, marked by fewer product launches, feature updates and M&A deals compared to previous years. There were 354 new product announcements, down 6% from 2022’s 376 new products. … Continue reading Martech activity slows in 2023 with less funding, launches
OpenAI looks to expand Microsoft partnership, raise funding Radek Zielinski / Nov 13, 2023 OpenAI, the maker of the popular chatbot ChatGPT, is seeking to expand its partnership with Microsoft and raise additional capital from the tech giant and other investors, according to CEO Sam Altman. In an interview with the Financial Times published … Continue reading OpenAI looks to expand Microsoft partnership, raise funding
The latest trends in martech, including new product announcements, AI investments and M&A activity. Allyson Delaney on July 27, 2023 CabinetM has released its Q2 2023 MarTech Innovation Report, a quarterly summary of new technology introductions, feature updates and acquisitions. Key findings. In Q2 2023, there were 128 new product announcements, an uptick from previous … Continue reading Martech investment declines, but AI companies thrive on funding
Game-Changer Alert: Typeface Raises Whopping $100M Funding to Revolutionize Brand AI, Valued at $1B Aaron Heienickle / Jun 29, 2023 Abhay Parasnis, a former Adobe CTO, launched Typeface, an enterprise-focused generative AI firm, in 2022. Typeface’s goal was to provide marketers with scalable, tailored content using the power of generative AI. The company soon … Continue reading Game-Changer Alert: Typeface Raises Whopping $100M Funding to Revolutionize Brand AI, Valued at $1B
By Michael Grothaus May 30, 2023 As of the time of this writing, many major stocks are up on (June 09, 2023)’s news that a deal to lift the United States debt ceiling has been reached between the Biden administration and House Speaker Kevin McCarthy. The 99-page piece of legislation is officially called the … Continue reading What’s in the debt ceiling deal? Everything to know, from student loans to IRS funding
By Shalene Gupta February 01, 2023 On average, Black-owned businesses start with $35,000 in capital, compared to white-owned businesses, which start with $107,000, according to a McKinsey study. Yet Black-owned businesses could add a potential $190 billion to the economy, according to a new study by Shopify. Shopify interviewed over 500 Black entrepreneurs to understand … Continue reading Shopify: Black-owned businesses could add $190 billion to the economy but still struggle to get funding
Elon Musk explains funding plans for taking Tesla private Jon Fingas @jonfingas When Elon Musk said he was seriously looking at taking Tesla private, he still left a few open questions. Why did he decide to not only disclose it with a tweet, but shout “funding secured” from the rooftops? He’s now offering an explanation … Continue reading Elon Musk defends ‘funding secured’ tweets in Tesla shareholder trial
Start-up Receives $6M In Seed Funding For Measuring ROI Of Retailers’ Promotions by Colin Kirkland , December 16, 2022 Most CPG companies run thousands of promotions per month — amounting to millions of dollars spent, although the majority of those promotions don’t deliver any ROI. A Mexican-based start-up called Kuona, which just raised a $6 … Continue reading Start-up Receives $6M In Seed Funding For Measuring ROI Of Retailers’ Promotions
Get funding that lets your email program contribute significantly to the company’s bottom line. Here’s how to approach your budget requests. Ryan Phelan on October 25, 2022 I was watching the news this morning, as I always do, and a commentator claimed to be surprised that the Christmas/holiday sales had been pulled back so far. … Continue reading 5 tactics to get the 2023 email marketing funding you deserve
Microsoft In Advanced Talks To Give OpenAI More Funding As Companies Rush To Use AI by Laurie Sullivan , Staff Writer @lauriesullivan, October 21, 2022 Microsoft is in advanced talks for a new round of funding in OpenAI, as the software and tech giant further builds artificial intelligence (AI) into its products, according to several reports. In 2019, … Continue reading Microsoft In Advanced Talks To Give OpenAI More Funding As Companies Rush To Use AI
