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AI startup funding hit a record in the L.A. area last quarter. Here's who got the most money
L.A.-area startups received $1.8 billion in the third quarter, the highest quarterly amount for the region, according to CB Insights. Most of it went to a single company.Entertainment - Los Angeles Times - November 8 -
Microsoft-backed startup debuts task optimized enterprise AI models that run on CPUs
Fastino emerges from stealth with $7 million in pre-seed funding to advance task optimized enterprise AI models that don’t require a GPU to run.Tech - VentureBeat - November 12 -
Startup CEO says humans won't be needed for translation in 3 years as it launches AI app
Unbabel on Wednesday announced an artificial intelligence-powered translation service, adding another rival to a highly competitive space.Business - CNBC - November 13 -
Chinese AI startup takes aim at OpenAI's Sora with image-to-video tool launch
Beijing-based Shengshu Technology updated its artificial intelligence-powered text-to-video tool Vidu for generating videos based on separate images.Business - CNBC - November 14 -
This startup’s AI platform could replace 90% of your accounting tasks—here’s how
Puzzle, a fintech startup, launches an AI-powered accounting platform that automates 90% of routine tasks, aiming to support accountants and streamline business finances.Tech - VentureBeat - November 14 -
Post-Election, Emergency Contraception Sales Are Surging. Women-Led Startups Are Meeting the Demand
Customers are stocking up on the morning-after pill—which remains legal in all 50 states—in advance of the next Trump presidency.Business - Inc. - November 14 -
Chegg, Once a Hot Education Tech Startup, Now Battles AI Chatbots to Survive
The AI revolution already claimed hundreds of jobs at the online tutoring company. Now it could save its business.Business - Inc. - November 14 -
A Singaporean AI startup is trying to disrupt the 100-year-old market research industry
Singapore startup Ai Palette is upending the 100-year-old market research industry using its powerful technologyBusiness - CNBC - November 13 -
Nuclear Startup Kairos Just Won Approval to Build Two Innovative New Modular Reactors
Companies like Google are thirsty for the clean energy that nuclear power produces. These two new ones will be built in Tennessee.Business - Inc. - 5 days ago -
Former Startup Rocket Lab Wins Chip Making Grant, Along with BAE Systems
The Commerce Department is hurrying to finalize federal subsidies to semiconductor manufacturers to ensure domestic sources of the vital computer processors.Business - Inc. - 2 days ago -
Writers condemn startup’s plans to publish 8,000 books next year using AI
Publisher Spines will charge authors between $1,200 and $5,000 to have their books edited and distributed with the help of artificial intelligence. Writers and publishers are criticising a startup ...World - The Guardian - Yesterday -
This startup makes thrifting furniture far easier, even for big retailers like Pottery Barn
The New York-based startup AptDeco is an online marketplace for buying and selling used furniture that provides pick-up and delivery for items.Business - CNBC - Yesterday -
ByteDance founder tops China's rich list for the first time, beating Tencent and Nongfu heads
ByteDance founder Zhang Yiming is now China's richest for the first time, according to Hurun Research Institute's China Rich List.Business - CNBC - October 29 -
Peter Thiel’s Founders Fund leads $500mn fundraising for AI cloud group Crusoe
Deal values infrastructure start-up at $3bn as it benefits from spending surge on generative AIBusiness - Financial Times - October 29 -
Founder of TikTok owner ByteDance jumps to top of China’s rich list as number of billionaires shrinks
Zhang Yiming, the founder of TikTok owner ByteDance, is China’s richest person, with personal wealth of $49.3 billion, an annual rich list showed Tuesday.Top stories - NBC News - October 30 -
What Would a Pantyhose Rebrand Take? Ask Former Parade CEO Cami Téllez
L’eggs—the hosiery brand founded in 1969—is reinventing itself for a new generation, with a new owner and new creative director at its helm.Business - Inc. - October 30 -
Singapore's affluent veneer hides repression and corruption, says son of its modern-day founder
Former Singaporean Prime Minister Lee Kuan Yew's youngest son, who fled to Britain to seek asylum from what he describes as a campaign of persecution, says the city-state has become much more ...World - ABC News - October 31 -
Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
Peloton has chosen Ford executive Peter Stern to be its next CEO after Barry McCarthy stepped down earlier this year.Business - CNBC - October 31 -
Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.Business - MarketWatch - October 31 -
Microsoft Was "Stupid" To Close Arkane Austin And Lose Its Dream Team, Arkane Founder Says
Arkane founder Raphael Colantonio has commented on Microsoft shutting down Arkane Austin earlier this year , a decision the WolfEye Studios boss has labeled a "dumb move" made by the company. ...Tech - GameSpot - October 31 -
Inside Robinhood Co-Founder Baiju Bhatt’s Vision for Distributed Solar Power from Space
The billionaire co-founder of investing platform Robinhood is staking his name and fortune on a decades old problem to put solar panels in space.Business - Inc. - October 31 -
Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president.Top stories - NBC News - October 31 -
Trump mourns Home Depot founder, GOP donor Bernie Marcus: 'An extraordinary man'
Former President Trump on Tuesday mourned “legendary entrepreneur and political genius” Bernie Marcus, the Home Depot founder and prominent Republican mega-donor who died Monday at the age of 95. ...Politics - The Hill - November 5 -
This Inc. 5000 Founder Has Weathered DEI Backlash. Now, She’s Preparing for 4 Years Under Trump
Morgan DeBaun says diversity, equity, and inclusion initiatives need to rebrand to survive.Business - Inc. - November 11