• TWiST Ticker
  • Posts
  • Global AI startup funding up 27% y/y in Q3, Amazon announces 10K Rivian EVs in its delivery fleets

Global AI startup funding up 27% y/y in Q3, Amazon announces 10K Rivian EVs in its delivery fleets

October 18, 2023 • Estimated Reading Time: 4 minutes

PitchBook data: Total global funding for AI startups grew 27% y/y in Q3 to $17.9B, as overall startup deal volume dropped 31% y/y to $73B - Link

Amazon has 10K Rivian EVs in its delivery fleet across the US and Europe, up from 5K in July; the company aims to have 100K+ Rivian EVs in use by 2030 - Link

X is testing a program, starting in New Zealand and the Philippines, where new, unverified users will have to pay $1/year to post - Link

Evident Vascular, a healthtech startup building an AI-powered intravascular ultrasound platform, launched out of stealth with a $35M Series A from Vensana Capital - Link

LinkedIn Jobs. A business is only as strong as its people, and every hire matters. Go to LinkedIn.com/TWIST to post your first job for free. Terms and conditions apply.

Booking Holdings CEO Glenn Fogel joins Jason to discuss trends in the travel industry (31:20), healthy M&A environments (24:24), job disruption due to AI (37:22), and much more! - Link

Procurify, a Vancouver-based startup building software for procurement and spend management, raised a $50M Series C led by Ten Coves Capital - Link

Windows Central sources: Windows 11 has surpassed 400M MAUs and is on pace to pass 500M in early 2024 - Link

PwC has teamed up with OpenAI and will use AI to help consult on complex tax, HR, legal, and compliance matters to help cut costs and boost profits - Link

This Week in Startups

Embroker - Get an extra 10% off with code TWIST

LinkSquares - The go-to for all your legal needs

Lemon.io - Get 15% off your first 4 weeks of developer time