In an unusual setting for entrepreneurial pursuits, 17-year-old Eric Zhu launched Aviato, an advanced analytical platform for private market data, from a high school bathroom in Carmel, Indiana. Now, his startup is emerging from stealth mode with an impressive $2.3 million in venture funding.
Aviato offers comprehensive tracking of funding...
The entrepreneurial spirit in Australia and New Zealand has never been more vibrant. In the shadows of global tech hubs like Silicon Valley, these two countries have carved out a unique space in the startup world, demonstrating that a venture downturn isn't a setback but an opportunity to thrive.
Contrary...
In the bustling world of social media apps, a new contender, Amo, is emerging as a game-changer. Just weeks after their first app ID made waves, Amo is back with another innovative creation: Capture. Unlike anything in the current social app galaxy, Capture is redefining the way we think...
In the heart of Silicon Valley, a transformation is underway. Rewind ten years, and Pear VC was a fledgling venture firm, adding flair to its Palo Alto office with vibrant, tech-inspired decor. Fast forward to now, and they've made a significant leap. Pear VC just sealed a deal for...
Investment in generative AI startups, which develop AI-powered products to generate text, audio, video, and more, shows no signs of slowing down. However, these investments are becoming more concentrated in a smaller number of early-stage ventures. From January to July 16, 2023, 225 generative AI startups raised a staggering...
In a groundbreaking move for India's tech landscape, Krutrim, an artificial intelligence startup founded by Ola's Bhavish Aggarwal, has recently hit a significant milestone. The company has announced its entry into the elite club of unicorns, achieving a valuation of a whopping $1 billion. This remarkable achievement makes Krutrim...
Discover the new generative AI models and capabilities introduced by IBM on the Watsonx platform. Explore the powerful Granite series models, the Tuning Studio tool for customization, and the synthetic data generator. Also, learn about Watsonx.data's generative AI capabilities and Watsonx.governance's privacy protection and bias detection. IBM aims to establish its relevance in the competitive AI field.
Toyota is charging full speed ahead in the electric vehicle race, announcing an additional $8 billion investment in its North Carolina EV battery plant. This strategic move underscores the Japanese automotive giant’s commitment to electrify its vehicle lineup and roll out 30 new battery electric models globally by the...
In a bold move to redefine the e-commerce landscape, FedEx, a global leader in logistics, has announced the launch of its own commerce platform, FDX. This innovative platform is poised to offer a comprehensive suite of services for merchants, setting the stage for a potential showdown with industry giant...
In a narrative that echoes the complex dynamics of global cybersecurity, the United States has taken significant steps against a sophisticated cyber espionage operation, believed to be orchestrated by hackers linked to Russia's Federal Security Service (FSB). This intricate plot, unfolding over several years, highlights the increasing tension in...
Microsoft is taking a bold step into the future of computing by integrating generative AI deeply into its Windows operating system. At their recent Build developer conference, Microsoft introduced Copilot+ PCs, a new line of Windows machines designed to harness the power of AI. Alongside these PCs, they announced...
Foxconn, a name synonymous with high-tech manufacturing and known for its partnership with Apple, is making a bold new stride in the global tech landscape. The company has announced a colossal investment of $1.54 billion in India, marking a significant pivot in its expansion strategy. This move follows a...
In an exciting leap towards the future of urban mobility, Hyundai Motor Group and Motional, an Aptiv-Hyundai joint venture, are joining forces to launch the all-electric IONIQ 5 robotaxi. This ambitious project, announced to be based at the cutting-edge Hyundai Motor Group Innovation Center in Singapore (HMGICS), is setting...
Visa invests $100M in generative AI ventures to reshape the future of payments. Discover the potential of generative AI in finance and commerce. Visa's history with AI and focus on cryptocurrency. Explore the applications of generative AI and Visa's role in driving innovation. What Visa's investment means for the future of payments and the intersection of AI and payments.
Amidst the cobblestone streets and the buzzing tech scene of Paris, Hexa, previously known as eFounders, is rolling out the red carpet for its latest ensemble of startups. This eclectic mix—spanning from savvy enterprise SaaS to a pioneering blockchain data startup—is redefining the future of work and beyond.
Hexa's evolution...
LG Electronics is revving up its presence in the electric vehicle (EV) sector with the opening of its first EV charger facility outside South Korea, located in Fort Worth, Texas. This strategic move signals LG's ambition to capture a significant share of North America's burgeoning EV charging market.
Spanning an...
In an era where artificial intelligence (AI) is rapidly evolving, OpenAI is positioning itself at the helm of one of the most intriguing and critical aspects of AI development: controlling AI that potentially surpasses human intelligence. Amidst a backdrop of organizational shifts and evolving industry dynamics, OpenAI's Superalignment team...
