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Beauty booking startup Fresha hits $1 billion valuation with KKR backing

Sagar3 weeks ago01 mins

Beauty and wellness booking marketplace Fresha has announced an $80 million investment from KKR’s Next Generation Technology Growth Fund, valuing the London-based company at more than $1 billion. The investment is notable for coming from KKR’s growth equity arm, which targets companies with proven business models that are still in aggressive expansion mode – a…

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Anthropic’s Pentagon deal is a cautionary tale for startups chasing federal contracts

Sagar3 months ago01 mins

The Pentagon has officially Anthropic designated a supply-chain risk The two failed to agree on how much control the military should have over its AI models, including its use in autonomous weapons and large-scale domestic surveillance. As Anthropic’s $200 million contract fell apart, DoD turned instead to OpenAI, which accepted and then looked at ChatGPT…

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