Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
ISRO Bets Big on Space Startups
'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.' The Indian Space Research Organisation (ISRO) is going through a strategic shift, focusing on research, development and…
Genesis wants to move like a startup. Hyundai gives it the muscle to scale like an auto giant.
Genesis is, by now, a nearly 20-year-old name. When Ted Mengiste joined the Hyundai brand five years ago as an executive director of sales operations, he described the internal workings of Genesis as 'ground floor.' His team was about 37 people…
The CEO of the unicorn AI accounting startup, Rillet, says AI is changing who consulting firms hire
For years, upgrading the software companies use for bookkeeping consumed a consultant's entire job. 'It's no fun being a consultant implementing your third instance of Oracle Fusion and having three years of your life basically go by in a blink of…
Hong Kong serves as the premier springboard for mainland startups and unicorns: John Lee
Hong Kong serves as the premier springboard and strategic pivot for global supply chain deployment for mainland startups and unicorns to expand into internation market, Chief Executive John Lee Ka-chiu said on Monday. SCROLL TO CONTINUE WITH…
Korea expands autonomous driving AI tests, deep-tech startup support
The government said Monday it will significantly expand pilot projects for locally developed autonomous driving artificial intelligence (AI) and strengthen support for deep-tech startups as it seeks to accelerate the commercialization of emerging…
Florida startup building inexpensive drone interceptors in UAE
Inexpensive interceptors developed by a small start-up based in West Palm Beach, Florida, could be used to counter the threat posed by Iranian drones, according to a report by The New York Times on Sunday. Powerus has been building its drone…
Lady Gaga Supports Fiancé Michael Polansky's New Startup Outer Bio
She's off the deep end; watch as we dive in. In February 2020, Lady Gaga was spotted cozying up to investor Michael Polansky ahead of her pre-Super Bowl performance: Page Six ran photos of the pair kissing on a balcony in Miami. Now, they're more…
Cyber startup Minimus shuts down, returns cash to investors
Seven years ago, Ben Bernstein, Dima Stopel, and John Morello sold the company they founded, Twistlock, to Palo Alto Networks in what at the time was the largest sale of an Israeli company to the cybersecurity giant founded by Nir Zuk, for $410…
IDFC FIRST Bank, IIM Calcutta Innovation Park launch ₹2-cr startup incubation initiative
IDFC First Bank has partnered with the IIM Calcutta Innovation Park (IIMCIP) to launch a pan-India programme aimed at nurturing enterprises working on sustainable business solutions, officials said on Monday. The ‘IGNITE' programme will…
Hugging Face has been fielding M&A interest for a deal worth at least $13 billion
The AI industry's next blockbuster acquisition may not be another model maker. Hugging Face, whose platform helps developers discover, share, and build AI models, has been exploring a sale that could value the company at $13 billion or more. The…
A new budget airline will connect Europe with hidden gem Spanish destination for £18
A new budget airline is set to launch flights from Galicia in Spain, offering tickets from as little as €21.50 (£18.40). From December, Fly2Galicia will run services between Santiago de Compostela 's Rosalia de Castro airport in…
Nvidia discusses Perplexity investment at US$30 billion-plus valuation, The Information reports
Nvidia is in talks to invest in Perplexity as part of an equity funding round that would value the AI startup at more than US$30 billion, The Information reported on Sunday, citing people with knowledge of the discussion. SCROLL TO CONTINUE WITH…
TechCrunch Mobility: The custom chip driving Waymo's robotaxi ambitions
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility ! Waymo gets a lot of attention for its…
AI Data Wars Begin As Google, Mercor And Micro1 Bid For Spirit's Data
Google CEO Sundar Pichai addresses GenAI in his address to developers. (Photo by Camille Cohen / AFP) (Photo by CAMILLE COHEN/AFP via Getty Images) The fast facts are that Google bid $10 million for data, beating AI training company Mercor's $7.5…
Xpeng's robotics unit valued at over $6.3 billion after record funding round
BEIJING, Aug 24 (Reuters) - Chinese automaker Xpeng said on Monday its robotics unit had raised more than $900 million in its first funding round, setting a new record for a single private financing in China's embodied AI sector.
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