Good Evening!
If you’re a commercial or government Microsoft Office user… keep reading.
Here are the 7 things you missed today:
1. 💰 Legal AI Startup Has Hit an $8Bn Valuation
Another win for AI. Harvey, a legal startup using AI to search, summarize, and draft legal functions, confirmed it closed a round of funding led by Andreessen Horowitz that values it at $8 billion. The startup raised $160 million in the round and comes just months after it raised $300 million in a Series E at a $5Bn valuation in June. (TechCrunch)
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3. 📱 Nothing is Opening a Community Investment Round of $5M
Nothing is testing its community loyalty. The hardware maker is letting its user base buy its stock as part of a new community investment round of $5 million. The new round, which opens on December 10, will enable consumers to buy the company’s shares at its Series C valuation of $1.3 billion. (TechCrunch)
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5. 🤝 Google is Partnering With Replit on Vibe-Coding Push
Good vibes only here. Google Cloud is locking in a multi-year partnership with AI coding startup Replit. Google will continue to be Replit’s primary cloud provider and, under the partnership, Replit will expand usage of Google Cloud services, add more of Google’s models onto its platform, and support AI coding use cases for enterprise customers. (CNBC)
6. 📦 Amazon Might Cut its USPS Partnership
Your Amazon deliveries might be getting a shakeup. After over 30 years, Amazon may be cutting ties with the United States Postal Service as it aims to expand its own delivery network. The current contract is set to expire on October 1, 2026, but extension negotiations between the two parties have reportedly stalled, leaving Amazon to consider ending the partnership altogether. (The Verge)
7. 📎 Microsoft is Raising Commercial Office Subscription Prices in July
Office space is getting expensive – Office, the productivity software, that is. Microsoft is increasing the prices of its software subscriptions for commercial and government clients on July 1, including Word, Excel, PowerPoint, and Outlook. The company’s price hikes have been infrequent though, with the last price raise in 2022. (CNBC)
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