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Razor Group, backed by billionaire Bernard Arnault, has entered into an all-stock deal to acquire Boston-based Perch. Following the merger, Razor and Perch announced a fundraising of $100M, valuing the combined entity at $1.7B. This development is part of a broader trend of consolidation in the e-commerce aggregation sector, which focuses on acquiring Amazon retailers. The merger and fundraising highlight the growing interest and investment in the e-commerce space, emphasizing the potential for further consolidation and growth within the industry.
Today we announced the closure of our $13.8M Seed round in TAG TechCrunch. 💸 We’re using our latest funding to train the most powerful perceptual foundation model for visual creation and to scale to become Europe’s powerhouse for video-generative AI. 🤖 https://t.co/dQdherXGqV
Ema, a ‘Universal AI employee’, emerges from stealth with $25M: https://t.co/4jrfCqo6kr by TechCrunch #infosec #cybersecurity #technology #news
Ema, a ‘Universal AI employee’, emerges from stealth with $25M https://t.co/XGEWPObLgW
