tech:

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GoPuff raises $380M

Delivery and micro-fulfillment startup GoPuff has raised $380 million. The funding was led by existing investor, Accel, and D1 Capital Partners with participation from Luxor Capital and SoftBank Vision Fund, another previous investor.

In other developments, Jocelyn Wong, former chief marketing officer at Lowe’s, has joined as goPuff’s first chief customer officer; Jonathan DiOrio, Uber’s former global head of FinTech and U.S. Business Development, has joined goPuff as chief business officer; and former TripAdvisor engineering executive Rekha Singh has joined goPuff as vice president of Engineering.

Just in

Google to relaunch Gemini AI picture generator in a ‘few weeks’ following mounting criticism of inaccurate images — CNBC

Google plans to relaunch its image-generation AI tool in the next “few weeks,” according to Google DeepMind CEO Demis Hassabis, writes Hayden Field. 

Broadcom divests End-User Computing to KKR in $4B deal

Broadcom has agreed to sell its End-User Computing (EUC) division to investment firm KKR in a deal valued at $4 billion. This move will see the division, which focuses on digital workspace solutions, becoming an independent company following the sale's completion.

Myko AI raises $2.7M

Miami, Fl-based Myko, an AI platform provider focused on analyzing sales and revenue data, has secured $2.7 million in seed funding.

Reddit hasn’t turned a profit in nearly 20 years, but it just filed to go public anyway — CNN

Reddit — which is not yet profitable — says it seeks to grow its business through advertising, more e-commerce offerings and by licensing its data to other companies to train their artificial intelligence models, writes Clare Duffy and John Towfighi.