Dataminr is the latest unicorn to announce layoffs

TechCrunch Newsletter [TechCrunch logo]( [The Daily Crunch logo]( By [Christine Hall]( Tuesday, November 28, 2023 In today’s top story, Ingrid writes about Dataminr laying off 20% of its staff, or 150 people. The big data startup, worth about $4 billion, cited “the impact of the economic environment, operational efficiencies and the recent rapid advancements of our AI platform.” The layoffs happened just as Dataminr prepares to double down on artificial intelligence. [Get the scoop](. Meanwhile, speaking of AI, generative AI is in full force over at Pika Labs. Kyle reports that the startup, building AI tools to generate and edit videos, is the recipient of a $55 million capital infusion. This comes six months after the company launched its new suite of videography tools. [Time to animate](. And we have a team on the ground this week at Amazon’s [AWS re:Invent]( event. [Here’s everything from today’s keynote](. [ image] Image Credits: Getty Images TechCrunch Early Stage 2024 It’s Cyber Monday all week for TechCrunch Early Stage 2024 passes. On April 25 in Boston, expert-led, hands-on sessions give new and aspiring founders help, not hype. Now through November 28 at 11:59 p.m. PT, [buy a founder or investor pass for just $99](! [TechCrunch Early Stage 2024 image] [Improve operational efficiency with a simple approach to IoT]( Sponsored by [T-Mobile for Business]( [Is your business grappling with inventory inaccuracies, disruptive maintenance schedules, and inefficient resource management? Join us to explore the unique advantages America’s largest and fastest 5G network provides. Join us to learn how our IoT solutions can optimize your business processes, enhance productivity, and drive growth.]( [Watch Now]( More top reads Smooth landing: Plane takes on Jira with an open source project management tool for software teams. [With some new funding to boot](. Good dog: As pet owners turn to mobile insurance apps, Lassie raises $25 million in Series B capital. [Read more](. Arrested development: Europol arrests hackers who were allegedly behind a string of ransomware attacks. [Here’s what happened](. For those who have free time: Vimcal, a calendar app, raises $4.5 million to expand its team. [See how it works](. Augment-ing your skills: French startup Augment, which recently raised $6 million, provides an MBA-like program — exclusively online. [Get the scoop](. When B2B is H-O-T: Venture capital firm NXTP closes its largest fund to date with $98 million for early-stage B2B founders in Latin America. [Learn about its third fund](. That’s one way to pay: Candex lands a $45 million infusion to grow its procurement management business. [Here’s how](. Just when they thought they were out: Meta’s new European Union ad-free subscription faces some early privacy challenges. [Read more](. Game on: YouTube launches more than 30 “Playables” — minigames for Premium users. [Here’s how to play](. ABCs of IP: Solve Intelligence takes in new capital to help attorneys draft patents for intellectual property analysis and generation. [Court is in session](. Your favorite songs, by Apple: Apple Music Replay is here. However, it’s still no Spotify Wrapped. [Listen up](. IPO yeah!: Now that [Shein]( and [Reddit]( made their intentions known to join the league of publicly traded companies, Alex lays out what the [2024 IPO cohort]( will look like. (TC+) Tabs on talent: Nvidia is on a major recruitment mission across China, looking for talent to boost its autonomous driving endeavors. [Read more](. Even more for your Tuesday: [Webull leaps into Mexico with acquisition of stock trading app Flink]( [Why 2024 could be a hot year for startup founders]( (TC+) [Oxford study says internet use doesn’t harm mental health, but its research has limits]( [Paris-based startup studio Hexa raises some funding to launch even more startups]( [Wind.app makes DeFi accessible to the average consumer]( [More top reads image] Image Credits: The Image Bank / Getty Images [On the pods]( Medicaid is in its regulatory moment. Today on [Found](, we’re joined by Neil Batlivala from Pair Team, which is building the infrastructure that will help the most vulnerable populations get the clinical and social care they need through the Medicaid expansion. Dom and Becca talked to Neil about how his previous health tech experience led him to start a company solely focused on connecting care facilities like food pantries and shelters to clinical training and care through Medicaid funding. [Listen here](. [Read More]( [On the pods image] Image Credits: Bryce Durbin [Read more stories on TechCrunch.com]( Newest Jobs from Crunchboard - [Epic Business Intelligence Analyst (Product Owner) at Yakima Valley Farm Workers Clinic (Toppenish, WA, USA)]( - [Business Systems Supervisor at Pennsylvania Turnpike Commission (King of Prussia, PA, USA)]( - [Temporary IT Associate at City of Newport (Newport, OR, USA)]( - [IT Network and Telecommunications - Journey at Washington State Department of Natural Resources (Olympia, WA, USA)]( - [Staff Software Engineer at Slang.ai (New York, NY, USA)]( [See more jobs on CrunchBoard]( [Post your tech jobs]( and reach millions of TechCrunch readers for only $349 per month. [Facebook]( [Twitter]( [Youtube]( [Instagram]( [Flipboard]( [View this email online in your browser]( [Privacy Policy]( | [Terms of Service]( | [Unsubscribe]( © 2023 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103