TechTaffy

tech:

taffy

Paris-Based Criteo Raises $40M

By TechTaffy Desk

[Techtaffy Newsdesk]

Display advertising company Criteo  has completed a roughly $40 million (€30 million) round of financing led by SoftBank Capital. The Series D round pegs the company at a $800 million valuation, according to Kara Swisher of AllThingsD. 

Criteo is a privately held company in the digital performance display advertising space. It currently partners with over 3000 ecommerce brands around the world. Criteo was created in 2005 in Paris, France and now has 15 offices across the US, Europe and Asia, serving more than 30 countries globally. Criteo employs around 700 employees.

[Image Courtesy: Criteo]

Just in

Industry

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.
AI

Intel’s neuromorphic system has neuron capacity of an owl’s brain

Intel says it has built the world's largest neuromorphic computing system called Hala Point, that has the neuron capacity roughly equivalent to that of an owl brain.
AI

AMD launches AI chips for business PCs

AMD has announced new Ryzen PRO 8040 Series mobile processors and Ryzen PRO 8000 Series desktop processors with AI capabilities.
AI

Adobe previews generative AI features in Premiere Pro

Adobe has previewed generative AI features within its video editing software, Adobe Premiere Pro, aimed at streamlining video creation and production workflows.
AI

Covered California implements Google Cloud’s AI solutions

Covered California, California's health insurance marketplace, has announced that it will use Google Cloud's AI solutions to simplify the process of providing health insurance to California residents.