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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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Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation
Amazon's Jeff Bezos and OpenAI invested in Physical Intelligence, a robot startup that raised $400 million at a $2.4 billion post-money valuation.Business - CNBC - November 4 -
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. - 5 days ago -
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 - 5 days ago -
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 - 4 days ago -
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 - 9 hours ago
