What StepStone’s $3.3B venture secondaries fund tells us about LPs’ current appetite for venture

Yet another generative AI venture has raised a bundle of money. And, like the others before it, it’s promising the moon. Emergence, whose co-founders include Satya Nitta, the former head of global AI solutions at IBM’s research division, today emerged from stealth with $97.2 million in funding from Learn Capital plus credit lines totaling more Learn more about your ad choices. Visit podcastchoices.com/adchoices

Scale AI founder Alexandr Wang set off another debate with an anti-DEI post. It revealed a lot about the current state of DEI in tech. Learn more about your ad choices. Visit podcastchoices.com/adchoices

18-year-olds Christopher Fitzgerald and Nicholas Van Landschoot have founded APIGen, a platform to build custom APIs from natural language prompts. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law firms with an AI platform that they can configure to help other workers in the company. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Christopher O’Donnell has hobbies. He likes music and playing guitar, but above all, he loves building software. Which is why three years after leaving HubSpot, he built Day.ai, a CRM for the age AI. Unlike modern CRMs, which are essentially giant spreadsheets that somebody needs to populate and keep updated, Day learns everything Learn more about your ad choices. Visit podcastchoices.com/adchoices

Speak, the AI-powered language learning app, has raised new money from investors at double its previous valuation. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Four years after acquiring Shine, a French fintech startup that offers bank accounts to freelancers and very small companies, Société Générale has announced plans to sell Shine to Ageras. Learn more about your ad choices. Visit podcastchoices.com/adchoices

For retailers, e-commerce is a bit of a puzzle at the moment. Online shopping trends are expected to stay strong this year, so companies can’t afford to curtail their e-commerce budgets, but at the same time, e-commerce is more fragmented than ever before. Learn more about your ad choices. Visit podcastchoices.com/adchoices

We all know the feeling when we send a funny TikTok video, anticipating a response from a friend, only to receive a basic laughing emoji or, worse, no reaction at all. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Self-driving vehicles rely on many sensors to detect objects and the world around them. The conventional approach is to work with cameras and lidars. Learn more about your ad choices. Visit podcastchoices.com/adchoices