The buzzing entrepreneurial vibe of the Pacific Northwest continues to be a hub of innovation and investment, as Seattle-based startup Direqt just secured $4.5 million in funding. Their primary offering? An AI chatbot designed to revolutionize how publishers interact with their consumers. Launched in 2017, Direqt has already made its...
In the rapidly evolving world of electric vehicles (EVs), one startup is taking center stage by aiming to streamline and optimize the relationship between EVs and their vast ecosystem. Enter Volteras, a London-based venture with a clear vision: to become the linchpin connecting EVs with chargers, home batteries, energy...
In the realm of robotics, where machines astound with parkour stunts and dance to classic beats, a visionary seeks to elevate them beyond physical prowess. Marc Raibert, the driving force behind Boston Dynamics’ famed legged robots, now leads an ambitious venture at the Boston Dynamics AI Institute in Cambridge,...
In the ever-evolving world of robotics, Tesla's latest demonstration featuring Elon Musk's brainchild, the Optimus humanoid robot, has garnered mixed reactions. The recent showcase involved Optimus adeptly folding a T-shirt on a table. While the robot displayed a certain level of proficiency in this mundane task, Musk's subsequent comments...
California passes law mandating VC firms to disclose diversity information. Aims to address funding disparities and promote opportunities for women and minorities. Effective from March 1, 2025.
In a groundbreaking move towards a greener internet, a novel geothermal power plant has started reshaping how we harness the Earth's heat. Tucked away in the northern Nevada desert, this pioneering project, known as Project Red, spearheaded by the geothermal startup Fervo, is making waves by supplying power to...
The AI landscape is continuously evolving, and the Brazil-based team at Meistrari is at the forefront of this change, aiming to simplify a critical aspect of AI development: prompt engineering. Founded in 2023 by Rodrigo Bobrow and Henrique Cunha, Meistrari emerged from a need to streamline the process of...
Australia, famed for its natural wealth, has swiftly emerged as a technological hub. Yet, its startups grapple with hurdles: restricted access to advanced capital, a dearth of leaders seasoned in scaling, and a lack of diversity among founders. The country's rich cultural tapestry, influenced by its indigenous peoples, offers a...
In a move that caught the tech world off guard, OpenAI, the forefront company in artificial intelligence, has recently made a significant change in its leadership. Sam Altman, the CEO and board member of OpenAI, was unexpectedly dismissed, paving the way for CTO Mira Murati to step in as...
Former Figma COO, Eric Wittman, takes the helm as CEO of VSCO. With his extensive experience and aligned strategic vision, VSCO's growth is set to soar under his leadership.
VanMoof, the e-bike startup, is acquired by Lavoie for 'tens of millions' of euros. Lavoie plans to invest in the brand, relaunch the business, and tap into VanMoof's loyal customer base and innovative design. A surprising and strategic move for both companies.
Get ready for Cohesity's highly anticipated public listing! $3.7 billion data startup prepares for IPO with focus on profitability and strategic partnerships. Stay tuned for updates!
In a remarkable stride forward, Murena, the French startup renowned for its "de-Googled" smartphones, is now diving into the mobile virtual network operator (MVNO) arena. This move is part of Murena's continued effort to cater to privacy-conscious consumers, offering an own-brand mobile network exclusively in the U.S. Murena Mobile, the...
The Future Fund's deadline is approaching for hundreds of startups. Failure to raise a priced round before the deadline could lead to bankruptcy. Learn more about the challenges and potential consequences in this informative post.
General Motors (GM) and their trusted collaborator Honda have taken a surprising turn in the world of electric vehicles (EVs). Their initial commitment to produce millions of pocket-friendly, compact electric vehicles has sadly come to an end. The cause? A blend of rising interest rates, growing battery expenses, and...
Find out how RapiPay, a fintech startup, achieved impressive revenue growth of Rs 440 Cr in FY23, but also faced a surge in losses. Explore their financial performance, banking solutions, and introduction of the super app NYE. Get insights into their expenses, cost analysis, and challenges. Read more at Fintrackr.
Stellantis and Samsung SDI's $3.2B EV battery factory in Indiana brings us closer to a sustainable future. 2,800 jobs will be created in the growing EV industry.
The German startup community is buzzing with excitement following the recent approval of the Future Financing Act by the Bundestag. This groundbreaking legislation, set to take effect from January 1, 2024, marks a significant shift in the tax treatment of employee stock ownership programs (ESOPs), potentially making Germany a...
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