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Auto AI firm Intangles logs $30 million led by Avataar Venture PartnersIntangles, an AI platform for vehicles, has raised $30 million in funding led by Avataar Venture Partners. The company will use the funds t...- PayPal's UPI push; OpenAI's circling concernsPayPal bets on UPI in India comeback. This and more in today's ETtech Top 5.
- Chinese ride-hailing app DiDi to become second largest shareholder of state-backed NavInfo unitDiDi expects the deal will help it pull back significantly from electric vehicle manufacturing where automakers compete fiercely in a conso...
- Nvidia expands ties with Chinese EV makers as auto AI race heats upBYD, which overtook Tesla last year as the world's No. 1 electric vehicle manufacturer, will use Nvidia's next generation of in-vehicle chi...
- AI startup RapidCanvas raises $7.5 million in funding round led by AccelThe funds will be used for customer acquisition through marketing and sales expansion, as well as for customer retention through investment...
- Top Taiwan chip designer MediaTek rapidly shifts focus to autos, AIMediaTek is investing heavily in AI because the new areas the company is focusing on are all related to computing.
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