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Procurement is painful, so Pivot wants to simplify it

Earlier this year, a big French tech company started requiring an email to the CEO for every purchase above €1,000. That’s because they didn’t have the right tool to manage procurement. Meet Pivot, a new French startup that wants to overhaul spend management solutions. Pivot wants to work with young companies that are growing fast […]

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Eyeing vision-based autonomy for farm equipment, Bonsai Robotics raises $10.5M

One can’t accuse Bonsai Robotics of lacking focus. The Bay Area-based firm is starting with trees — specifically nut trees. Like most labor-intensive sectors these days, farms have suffered from a profound lack of available workers, so the startup began striking deals with OEMs to outfit heavy farming equipment with its vision-based autonomy. This morning,

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Rivian Q3 deliveries beat expectations, jump 23% from previous quarter

Rivian reported Monday it produced 16,304 vehicles at its Normal, Illinois factory and delivered 15,564 to customers, a higher-than-expected result that puts the company on track to beat its estimates for the year. Shares of Rivian fell 3% before gaining back some ground to settle at $24.13. Rivian expects to produce 52,000 vehicles in 2023.

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Spotify spotted developing AI-generated playlists created with prompts

Following the successful launch of Spotify’s AI-powered DJ feature and, more recently, added support for AI-translated podcasts, Spotify now appears to be developing another means of using AI in its app: AI-powered playlists. References discovered in the app’s code indicate the company may be developing generative AI playlists users could create using prompts. The additions

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