Latest in Startups Plenty Cash
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Know Your Investor: What Latino VCs Look for in Startups
The founders of L’attitude Ventures, Chingona Ventures, and Ascendo Venture Capital break down their investment theses.Business - Inc. - October 15 -
OpenAI Veteran Mira Murati Starts Fundraising for Her Startup
Murati left her position as chief technology officer of the world’s best-known AI company at the end of September. She’s now seeking $100 million in funding for her own venture.Business - Inc. - October 21 -
Wall Street Journal, NY Post sue AI startup
Media conglomerate News Corp, the conglomerate that owns the Wall Street Journal, New York Post and a number of other media properties, is suing artificial intelligence (AI) startup Perplexity over ...Politics - The Hill - October 22 -
AI startup Ideogram launches infinite Canvas for manipulating, combining generated images
Users can spread newly generated images out, compare them to older ones, resize and reorder them at will, and even combine two with AI.Tech - VentureBeat - October 22 -
Mother of Teen Who Died by Suicide Sues AI Startup
The boy, 14, spent months talking to an artificial character on Character.AI before becoming depressed. His mother blames the company, saying the tech shouldn’t be accessible to minors.Business - Inc. - October 24 -
Google's partnership with AI startup Anthropic faces a UK competition investigation
Britain’s competition watchdog is opening a formal investigation into Google’s partnership with artificial intelligence startup AnthropicTech - ABC News - October 24 -
Outrider, a Self-Driving Truck Startup, Raises $62 Million
The Colorado company got backing from the VC arm of Koch Industries, as well as Nvidia, New Enterprise Associates, and Prologis’ venture unit.Business - Inc. - October 24 -
Local Digital News Startups Fight Shrinking News Source Trend
As U.S. newspapers keep closing, innovative online sites fight the growth of local news deserts.Business - Inc. - October 24 -
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.Business - CNBC - 3 days ago -
Saudi startup Riyadh Air orders 60 Airbus A321neo planes
Saudi startup airline Riyadh Air has ordered 60 Airbus aircraftWorld - ABC News - Yesterday -
Why Space Startups Are Excited by Space Force’s New Rocket Contracts
The nation’s military space wing has opened bidding for new rocket launch contracts worth up to $5.6 billion, and it’s aimed at ’emerging’ providers.Business - Inc. - 12 hours ago -
This Startup Hopes its Air-Breathing Engines Will Keep Satellites in Orbit
The commercial space industry is helping explore the final frontier, and Viridian is one of many new companies developing mind-boggling innovations.Business - Inc. - 11 hours ago -
Secondary sales of private equity stakes set for record levels amid cash crunch
Once-niche market sees surge in activity with investors looking for an exit from ageing assets as deal activity slumpsBusiness - Financial Times - October 16 -
Why raising more cash is a smart portfolio move — even with stocks at record highs
The key to long-term success in the stock market is to avoid taking on more and more risk.Business - MarketWatch - October 19 -
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How to rethink cash as the Fed cuts interest rates, according to top financial advisors
The U.S. Federal Reserve cut interest rates in September, and more cuts are expected at least into 2025. Earnings on cash are expected to fall as well.Business - CNBC - October 23 -
Jim Cramer explains why Boeing is a buy even after a troubled quarter: 'They’ll be fine once they raise the cash'
CNBC's Jim Cramer on Wednesday explained why he thinks Boeing is a buy even though it posted a third-quarter loss of more than $6 billion.Business - CNBC - October 23 -
Flush with cash and aligned with NIL, Indiana has tools to sustain Curt Cignetti's turnaround vision
The head of Indiana's NIL arm says Cignetti is exactly what the program needed -- an "acceptable version of Bobby Knight"Sports - CBS Sports - October 24 -
Labour MPs urge Keir Starmer to clarify stance on non-cash slavery reparations
No 10 says issue is off the table for Commonwealth summit but other nations are prepared to defy UK. Labour MPs have urged Keir Starmer to clarify his government’s position on non-cash reparations ...World - The Guardian - 6 days ago -
Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom's Future Investment Initiative.Business - CNBC - 3 days ago -
Second gambler admits trying to cash in on scheme involving ex-NBA player Jontay Porter
A Pennsylvania man has pleaded guilty in a sports betting scheme that ended Toronto Raptors forward Jontay Porter’s NBA careerSports - ABC News - Yesterday -
New York Times to Bezos-Backed AI Startup: Stop Using Our Stuff
Publisher demands that Perplexity stop accessing its content. Startup isn’t interested “in being anyone’s antagonist,” CEO says.Tech - The Wall Street Journal - October 15 -
Amazon is using tech from a Khosla Ventures-backed startup to run robot warehouses at Whole Foods
Fulfil's technology will enable shoppers to purchase items that are not stocked at Whole Foods, such as Coca-Cola soda and Kellogg's cereals.Business - CNBC - October 15 -
Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz
Venture capital firm Accel says that funding for cloud startups is set to rise 27% in 2024 thanks to a boost from AI — the first year of growth in three years.Business - CNBC - October 16 -
This Startup is Investing $1 Billion to Build Lighter Lithium Sulfur Batteries in Nevada Gigafactory
Battery breakthroughs can change whole industries. Lyten has plans for a giant factory that could change how we power space tech, drones, and small EVs.Business - Inc. - October 16 -
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. - 6 days ago -
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. - 6 days ago -
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. - 2 days ago