Monthly Archives: November 2022

Where will AI go next?

To receive The Algorithm newsletter in your inbox every Monday, sign up here. Welcome to the Algorithm!  This year we’ve seen a dizzying number of breakthroughs in generative AI, from AIs that can produce videos from just a few words to models that can generate audio based on snippets of a song.  Last week, Google held an AI event in its swanky,…

Former Tink employees launch Atlar, a payment automation startup

Stockholm-based startup Atlar raised a $5 million (€5 million) seed round led by Index Ventures. The company has been working on an application programming interface (API) that facilitates bank-to-bank payments for European businesses. In addtion to Index Ventures, La Famiglia VC, Cocoa and various business angels also participated in the round, such as Revolut CFO…

Amazon quietly opens its logistics network to third-party merchants in India

Amazon is quietly beginning to offer its transportation and logistics network as a service to third-party merchants, businesses and direct-to-consumer brands in India, tapping its large delivery chain to drive revenue in the key overseas market as the e-commerce group attempts to replicate a model it has been testing in the U.S. for several months….

Google and Renault are working on a ‘software-defined vehicle’

Photo by Eric Piermont / AFP via Getty Images Google and the Renault Group are expanding their four-year-old partnership to include the development of an advanced software platform for future vehicles. This “software-defined vehicle” will be built on Google’s Android Automotive operating system and send data to the company’s cloud servers for processing, the companies…