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Yelp pays big bucks for car repair estimates
Top News
Yelp buys RepairPal for $80M: Yelp is moving beyond restaurant reviews with its acquisition of RepairPal, a car repair estimate site, for $80 million in cash. The deal aligns with Yelp’s push into the home and service provider market, where services ad revenue grew 11% last quarter to a record $228 million. RepairPal’s network, including partners like CarMax and USAA, will support Yelp’s auto services advertising ambitions as it broadens its consumer offerings.
AI-powered parenting gets a boost from a16z: Andreessen Horowitz is betting on a new frontier: AI co-pilots for parents. Partner Justine Moore shared a new investment focus on X, highlighting a “wave of AI-powered ‘parenting co-pilots’” citing companies like Cradlewise, which uses AI to monitor and rock a baby’s crib, and Nanit, which tracks breathing. Moore says this AI-parenting wave is just beginning—and there’s much more to come.
Seagrass meets autonomous robots: Seagrass restoration is getting a tech-driven upgrade thanks to Ulysses Ecosystem Engineering. This San Francisco-based startup has built an autonomous robot capable of planting seagrass seeds 100x faster than human volunteers—at a fraction of the cost. Emerging from stealth with $2 million in pre-seed funding led by Lowercarbon Capital, Ulysses aims to expand its mission, from restoring seagrass meadows to revolutionizing ocean management and conservation.
TWiST500
One of our favorite TWiST500 AI models is making headlines today. Anthropic is teaming up with Palantir and AWS to bring Claude AI models to U.S. intelligence and defense agencies, allowing access within Palantir’s high-security Impact Level 6 (IL6) environment. This partnership positions Claude as a tool to enhance data processing, improve intelligence analysis, and boost operational efficiency for defense clients.
With this collaboration, Anthropic is expanding its government client base, following its recent deployment of select models on AWS’ GovCloud. The AI market for government agencies is rapidly growing, with a Brookings analysis reporting a 1,200% increase in AI-related contracts since 2023. Backed by Amazon and rumored to be seeking a $40 billion valuation, Anthropic appears to be positioning itself as a prominent player in defense-related AI solutions—a market that’s certainly ripe for growth.
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This Week in Startups
E2040: Jason and Alex sit down with Skydio CEO Adam Bry to explore the future of autonomous drones, from life-saving public safety applications to the challenges of competing with Chinese tech. They tackle Skydio's role as the largest US drone maker, cybersecurity risks, and the powerful impact of drone tech in defense and beyond. The episode rounds out with fresh takes on high-skilled immigration, geopolitical tension, and the evolving landscape of search engines and media.
E2039: In this episode, Alex chats with Exowatt’s Hannan Parvizian about tackling the soaring energy demands of AI and data centers. They delve into Exowatt's mission to provide affordable and sustainable power solutions for the tech sector, discussing the innovations and challenges shaping clean energy's future for data-intensive applications.
E2038: Jason and Alex kick off the show discussing election security in America and the complexities of influencing swing states. They explore Decart's AI-generated video game and its potential, followed by a deep dive into viral growth strategies for startups and NVIDIA's market dynamics. The episode wraps with insights into Amazon’s nuclear power deal and the regulatory landscape.
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LAUNCH Cloud Kitchens Incubator
Applications are open for Cohort 2 of the LAUNCH CloudKitchens Incubator (LiCK). We're looking for food entrepreneurs who wish to expand into the ghost kitchen space or tech founders with a team and a great idea. The application and more information can be found at https://ck.launch.co/.
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