tech:

taffy

Kleiner Perkins Invests In SoundCloud

 

Techtaffy Newsdesk

SoundCloud, an online audio platform for music professionals, has raised an undisclosed amount in a fundraising round led by Kleiner Perkins Caufield & Byers (KPCB). GGV Capital also participated. The investment will allow SoundCloud to continue to expand more rapidly, says the company.

Mary Meeker, partner at Kleiner Perkins Caufield & Byers, will take a board observer seat at the company. Currently, Ms. Meeker serves on the board of Square and is actively involved in KPCB’s investments in in Groupon, Legalzoom, Waze, 360buy.com, Spotify, Jawbone, One King’s Lane and Trendyol.

SoundCloud’s earlier funding came from B-Round investors Union Square Ventures and Index Ventures, and A-Round investor Doughty Hanson Technology Ventures.

Just in

Best Buy to implement generative AI working with Accenture, Google

Best Buy, in collaboration with Google Cloud and Accenture, has announced plans to deploy generative AI (gen AI) to enhance customer support services and assist employees.  

Intel introduces Gaudi 3 AI accelerator: Going bigger and aiming higher in AI market — AnandTech

The latest iteration of Gaudi will be launching in the third quarter of 2024, and Intel is already shipping samples to customers now, writes Ryan Smith.

Google unveils custom Arm-based chips, following similar efforts at rivals Amazon and Microsoft — CNBC

Google is launching a custom-built Arm-based server chip that will become available later in 2024, according to the report.