Stack AI’s co-founders, Antoni Rosinol and Bernardo Aceituno, were PhD students at MIT wrapping up their degrees in 2022 just as large language models were becoming more mainstream. ChatGPT would be released to the world at the end of the year, but even before that, they recognized a problem inside companies putting data together with […]
Restaurant365 orders in $175M at $1B+ valuation to supersize its food service software stack
The U.S. restaurant industry is expected to pass $ 1 trillion in sales for the first time this year, despite wider economic pressures on consumers. Now Restaurant365, a startup building tech to manage those businesses, has raised a hot round of $ 175 million to capitalize on that growth. The funding is being led by […]
Stripe, doubling down on embedded finance, de-couples payments from the rest of its stack
Stripe continues to hold the title of being the biggest financial technology business still in private hands, with a current valuation of about $ 65 billion and a whopping $ 1 trillion in total processed payment volume last year alone. But fintech is fragmented and a fast-moving target, and with competitors chipping away at its place, […]
New startup from Postgres creator puts the database at heart of software stack
MIT professor Mike Stonebreaker has been at the forefront of database technology for over 50 years. The former Turing Award winner invented the Ingres and Postgres databases and helped launch a number of companies including Streambase Systems (acquired by Tibco in 2013), VoltDB, Tamr and SciDB. Now 80, he knows a thing or two about […]
Google brings Stack Overflow’s knowledge base to Gemini for Google Cloud
Developer Q&A site Stack Overflow is launching a new program today that will give AI companies access to its knowledge base through a new API, aptly named OverflowAPI. The launch partner for this is Google, which will use Stack Overflow’s data to enrich Gemini for Google Cloud and provide validated Stack Overflow answers in the […]