Innovation

Walmart To Acquire VIZIO For $2.3 Billion: Details

By Amit Chowdhry ● Feb 20, 2024

Walmart and VIZIO announced today that they have entered into an agreement for Walmart to acquire VIZIO for $11.50 per share in cash, equating to a fully diluted equity value of approximately $2.3 billion. The acquisition of VIZIO and its SmartCast Operating System (OS) would enable Walmart to connect with and serve customers in new ways, including innovative television and in-home entertainment and media experiences.

Monumental: Robotics Company Raises $25 Million

By Amit Chowdhry ● Feb 20, 2024

Monumental – a robotics startup on a mission to solve the labor, cost, and sustainability challenges crippling the global construction industry – announced it has raised $25 million in funding led by Plural and Hummingbird. Northzone, Foundamental, NP-Hard Ventures and Material Ventures, and other high-profile angel investors also joined the round.

Recogni: AI-Based Computing Leader Company Secures $102 Million

By Amit Chowdhry ● Feb 20, 2024

Recogni - a leader in AI-based computing - announced the closing of $102 million in Series C funding, co-led by Celesta Capital and GreatPoint Ventures. And existing investors Mayfield, DNS Capital, BMW i Ventures, and SW Mobility Fund also participated.

Wix Partnering With Global-e For Empowering Online Merchants To Expand Global Reach And Seamlessly Sell Internationally

By Amit Chowdhry ● Feb 20, 2024

Wix.com - a leading SaaS website builder platform to create, manage, and grow a global digital presence - announced a strategic partnership with Global-e Online, the global leader of Direct-To-Consumer cross border e-commerce enablement, to offer Wix merchants an advanced international cross-border selling solution. This partnership is building on Wix's robust eCommerce capabilities, empowering merchants to expand its businesses by tapping into Global-e’s industry-leading cross-border functionalities, providing an opportunity to enter and sell in new global markets effortlessly.

Microsoft Expanding AI Infrastructure In Spain Via $2.1 Billion Investment

By Amit Chowdhry ● Feb 20, 2024

Microsoft has announced it is expanding artificial intelligence AI and cloud infrastructure with an investment of $2.1 billion over the next couple of years.

TMT Insights: How This Bootstrapped Media And Entertainment Solutions Company Is Growing About 100% Every Year

By Amit Chowdhry ● Feb 20, 2024

TMT Insights is a professional services and software company working within the media and entertainment (M&E) industry to offer market strategies, technology workflow solutions, third-party vendor management, and operations management software development. With expertise in all aspects of production, post-production, and distribution workflows, TMT’s overarching goal is to accelerate the use of technology across various groups within an organization, helping clients in the M&E world streamline their existing business processes, grow their operations effectively, and thrive in the long term. Pulse 2.0 interviewed TMT Insights CEO and co-founder Andy Shenkler to learn more about the company.