Daily Crunch: IBM says its new watsonx platform is an ‘enterprise studio for AI builders’
IBM unveils watsonx, an AI platform offering tools to build models and access pretrained models for generating code, text, and more. The newsletter also reports LinkedIn is phasing out its China jobs app, eliminating 716 jobs, and WhatsApp is bringing in-app payments to businesses in Singapore. It covers startup funding, market news, and other Big Tech developments.
May 2023 · TechCrunchNews article
UVeye’s ‘MRI for cars’ system lands startup $100M from GM, CarMax
UVeye raises $100 million in a Series D round led by Hanaco VC, with GM Ventures, CarMax and other existing investors participating. The funding brings the company’s valuation to about $800 million, according to an unnamed source, and will support North American production and sales growth. Its systems inspect vehicle underbodies, tires and exterior components, and the company has commercial agreements with General Motors, Volvo Cars USA and CarMax.