Monday, November 25

Tag: Nest

Twitter Founder Invests in Delhi based AI Startup
FUNDING

Twitter Founder Invests in Delhi based AI Startup

Twitter Co-founder Biz Stone has invested in his "personal capacity" in a Delhi based health startup that makes use of an artificial intelligence bot in its app, as he wants to contribute to a future where AI is seen as a "positive enhancement of humanity". "Visit", founded in 2016 is an on-demand healthcare service provider that facilitates consultation from a pool of medical specialist and general physicians to its users. The startup has recently introduced an AI-based "chatbot" which acts as a digital assistant to provide "smart help" to patients in accessing doctor's consultation. Indian investors Rohit Bansal and Kunal Bahl, co-founders of Snapdeal have also invested in their personal capacity in Visit. Vaibhav Singh, Co-founder, and Head at Visit said, This is country's ...
Nest CEO Tony Fadell Steps Down, to Remain Adviser to Google Co-founder Larry Page
News

Nest CEO Tony Fadell Steps Down, to Remain Adviser to Google Co-founder Larry Page

Tony Fadell, a well-known Silicon Valley executive who was once expected to play a central role in Alphabet's hardware efforts, has stepped down as chief executive of the search giant's Nest unit, the company said. Fadell will remain an adviser to Alphabet and Google co-founder Larry Page. He will be replaced at Nest, which makes smart thermostats and smoke detectors, by Marwan Fawaz, who had prior stints at Motorola Mobility and Charter Communications. Google bought Nest in 2014 for $3.2 billion, one of the company's largest acquisitions ever. In a blog post announcing his departure, Fadell said Nest's revenue is growing 50% a year and boasted that "the connected home went mainstream because of Nest." "We've created a hardware + software + services ecosystem, which is still in...