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Baidu's smart device unit CEO resigns to start his own venture ahead of key annual event - Vimarsana News

Baidu's smart device unit CEO resigns to start his own venture ahead of key annual event

Jing Kun, the head of the smart device unit of Chinese AI giant Baidu, has resigned due to ‘personal reasons’, less than 10 days before he was due to present at Baidu World 2023.

Source: scmp.com
Start-up investors dig in as valuations tumble - Vimarsana News

Start-up investors dig in as valuations tumble

More than a third of Australian start-up investors reported at least one portfolio company collapsing in 2022, while valuations fell by an average of 29 per cent.

Source: afr.com
Australia's v2food secures $53m Series B extension; Israel's Joonko raises $10m - Vimarsana News

Australia's v2food secures $53m Series B extension; Israel's Joonko raises $10m

V2food said the fresh funds bring the total amount it has raised so far in its Series B round to around $109 million.