Latest in Startup Investments
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Which gold investment is best when rates are cut?
Some gold assets are better than others when interest rates are dropping, experts say.Top stories - CBS News - November 4 -
Sequoia investing into DecaartAI for engineless game creation
DecaartAI reveals a running version of Minecraft that does not use a game engine, only generative AI, potentially revolutionizing game creation.Tech - VentureBeat - November 1 -
Retailers Jump at the Chance to Invest in Fifth Avenue
IKEA and Uniqlo join luxury fashion houses in owning, rather than leasing, huge retail spaces on the strip. Developers are cashing in.Top stories - The New York Times - November 5 -
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The New Investment Superpower Outflanking China and the U.S. in Africa
The tiny United Arab Emirates has invested billions in east Africa, where it is now emerging as a significant player, at times muscling out China and annoying the U.S.World - The Wall Street Journal - November 6 -
Why you should invest in gold before 2025
There are a few big reasons to put some money into gold before the new year, experts say.Top stories - CBS News - November 6 -
A New Trump Administration Is No Reason to Change Investing Plans
Big changes are coming in the next Trump administration. But your investing plans needn’t change, our columnist says.Business - The New York Times - 6 days ago -
Tencent to Invest $500 Million in Cloud Infrastructure in Indonesia
Tencent Holdings plans to set up its third internet data center in Indonesia, as the Chinese tech giant furthers its partnership with GoTo Group and Alibaba Group.Business - The Wall Street Journal - 4 days ago -
Reeves in radical pension shake-up to boost growth
The chancellor wants to merge the UK's pension funds but critics worry about the impact on savers.Top stories - BBC News - Yesterday -
AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion
The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.Tech - The Wall Street Journal - October 20 -
More startups are being spun out of Klarna than any other European fintech unicorn
Alumni from Klarna have gone on to create 62 new startups — more than any other fintech unicorn in Europe, according to a new report from VC firm Accel.Business - CNBC - October 22 -
AI video startup Genmo launches Mochi 1, an open source rival to Runway, Kling, and others
Available under the permissive Apache 2.0 license, Mochi 1 offers users free access to cutting-edge video generation capabilities...Tech - VentureBeat - October 22 -
Lilium was once a promising 'air taxi' startup worth billions. Now it's on the brink of insolvency
German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria.Business - CNBC - October 23 -
Boba tea startup rejected by 'Shark Tank' pitches Simu Liu after cultural appropriation debate
Simu Liu had criticized a white boba tea company who claimed to had “transformed” the drink on an episode of Canada’s “Dragons’ Den." An Asian boba startup decided to shoot their shot.Top stories - NBC News - October 23 -
Huuuge social casino veteran unveils AI-focused Beyond startup and Decor Society
Huuuge founder Anton Gauffin has started Beyond, which is building a fashion game called Decor Society tapping generative AI.Tech - VentureBeat - October 24 -
A Brilliant Tech Entrepreneur Gave Up on His Awesome Startup , and I Don’t Blame Him
Some of our best entrepreneurial minds are leaving the startup game for the corporate world. Here’s why.Business - Inc. - October 25 -
Here’s How a Startup Landed $10 Million to Put AI Data Centers in Space
The massive banks of computers needed to power artificial intelligence apps require huge amounts of electricity on Earth. Lumen Orbit wants to send them into the heavens instead.Business - Inc. - October 25 -
OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.Business - Inc. - October 29 -
Elon Musk’s xAI startup said to eye funding round, valuing the company at this much
xAI is in talks with investors for a funding round, the Wall Street Journal reported.Business - MarketWatch - October 29 -
Here’s Why Jack Dorsey Hopes a Return to Startup Mode Can Turn Tidal
The former Twitter boss and Square founder cuts music streaming platform Tidal’s staff, seeking to restore the leaner, hungrier form of its early days.Business - Inc. - October 31 -
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This Robotics AI ‘Brain’ Startup Just Raised $400 Million From Jeff Bezos, OpenAI, and Others
Physical Intelligence, now valued at about $2 billion, aims to create AI models that can power robots.Business - Inc. - November 4 -
Chinese driver-assist startup announces $100 million in funding, touts 'deep cooperation' with Nvidia
Deeproute said it is part of the first batch of companies in China to obtain Nvidia's newer Thor chip for cars and will release a new system using it next yearBusiness - CNBC - November 5 -
Guac-Tech? Why This Food Delivery Startup Is Set to Acquire the Company Behind Chipotle’s Avocado Robots
Exclusive: Serve Robotics will purchase Vebu, which makes the Autocado machine, in an all-stock deal.Business - Inc. - November 7 -
From coffee beans to milk, this Singapore-based startup uses AI to determine ingredient quality
ProfilePrint's AI platform could have implications for improving food security.Business - CNBC - November 7 -
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 - 3 days ago -
'Many dark times': How this startup founder overcame self-doubt and started a $100-million-a-year business
Jeffrey Tiong, the founder and CEO of Patsnap, a IP and R&D intelligence startup, says an investor once told him he was "not fit to be CEO."Business - CNBC - 2 days ago -
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 - 2 days ago -
AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor
Cisco and Pure Storage have backed CoreWeave, which is taking on Amazon in supplying cloud-based Nvidia graphics cards to companies for artificial intelligence.Business - CNBC - 2 days ago -
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 - Yesterday -
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 - Yesterday