Google rethinks its gaming strategy, Microsoft wheels out its quantum estimating pulpit and UiPath is now evaluated at $35 billion. This is your Daily Crunch for February 1, 2021.
The big-hearted narrative: Google shutters internal game studios
When Google announced its Stadia cloud scaffold, it also said it was forming Stadia Games and Entertainment, an internal studio that would create names for the pulpit. Now it seems the company is abandoning such approaches.
It’s a surprising move , not just because Google has yet to release a single tournament from the studio, but too because the company opened studios in Montreal and Los Angeles, as well as acquiring Typhoon Studios — so it seems like a real investment.
” Given our focus on building on the proven engineering of Stadia as well as increasing our business partnerships, we’ve decided that we will not be investing further in bringing exclusive content from our internal evolution crew SG& E, beyond any near-term contrived tournaments, ” Google exec Phil Harrison said in a blog post.
The tech giants
Microsoft’s Azure Quantum platform is now in public preview — Azure Quantum is Microsoft’s cloud-based platform for using quantum hardware and software tools from partners like Honeywell Quantum Solutions, IonQ, 1QBit and others.
Xiaomi litigates the Us administration over blacklisting — The filing, which was submitted on Friday, calls the decision “unlawful and unconstitutional.”
Google now gives you more information about the sites in your search results — Clicking the new hamburger-style menu icon will pop up a brand-new info body with more detailed information about the site.
Startups, fund and venture capital
Robotic process automation platform UiPath causes $750 M at $35 B valuation — The company’s automation platform aims to “transform the way humen work” by committing fellowships a lane to build out and extended automations across departments.
Databricks elevates$ 1B at $28 B valuation as it reaches $425 M ARR — Databricks is a data-and-AI focused company that interacts with corporate report stored in the public cloud.
Weights& Biases collects $45 M for its machine learning tools — Weights& Biases says it now has more than 70,000 consumers across more than 200 enterprises.
Advice and analysis from Extra Crunch
Robinhood’s Q4 2020 revenue demo a return to growth — Robinhood has been the world’s most discussed startup over the last week.
Best rules as a service is a key investment theme to watch in 2021 — It’s one thing to give people and businesses tools, and something else to train them to use those implements effectively.
Lightspeed’s Gaurav Gupta and Grafana Labs’ Raj Dutt will tell us why they financially restrained the bow( twice !) — The new and improved Extra Crunch Live duos founders and the investors who led their earlier rounds.
( Extra Crunch is our membership platform, which improves benefactors and startup crews pull ahead. You can sign up here .)
Amazon says government demands for user data spiked by 800% in 2020 — Amazon said it treated 27,664 authority demands for user data supplied by the last six months of 2020.
What investors need to know about research and inspiration in the COVID-1 9 era — Remote research will remain the rule even as the worst of the pandemic mercifully ends.
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