Startup Industry News

A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

businessinsider.com - Jessica Orwig - I dreamt of building rockets until my aunt's illness inspired me to build an AI startup that's raised nearly $10 million
I dreamt of building rockets until my aunt's illness inspired me to build an AI startup that's raised nearly $10 million
Business Insider

This as-told-to essay is based on a conversation with Lily Vittayarukskul, 30, cofounder and CEO of Waterlily. It has been edited for length and clarity. When I was a kid, I was fascinated by the universe and wanted to understand how the world…

fortune.com - Alyson Shontell - What it's like to be a founder of the most high-stakes startup ever, OpenAI
What it's like to be a founder of the most high-stakes startup ever, OpenAI
Fortune

Being a founder is difficult under any circumstances. You operate under a state of constant duress, scrambling to figure out a working business model while not getting crushed by incumbents, losing key talent, and striving to avoid failure. Mental…

wwd.com - Glenn Taylor - Altana Acquires Customs Automation Startup Cervo AI
Altana Acquires Customs Automation Startup Cervo AI
WWD

Altana is expanding its supply chain mapping and compliance solution with the acquisition of Cervo AI, a startup that automates customs paperwork. The deal comes as tariffs and volatile trade policies complicate customs compliance for importers and…

fortune.com - Alexander Kardos-Nyheim - I sold my startup for millions without a single dollar in revenue. Here's why that's the point
I sold my startup for millions without a single dollar in revenue. Here's why that's the point
Fortune

The house I grew up in was being knocked down. Rollins House, a rundown Art Deco former factory in south-east London, was the kind of building that looks like nothing until you know what it is: unglamorous on the surface, full of history…

fool.com - John Bromels - Nuclear Company Oklo Receives Startup Authorization for Groves Reactor, A Key Step In Its Regulatory Journey
Nuclear Company Oklo Receives Startup Authorization for Groves Reactor, A Key Step In Its Regulatory Journey
The Motley Fool

On Thursday, nuclear start-up Oklo (OKLO -8.43%) announced some welcome news. The company received “startup authorization” from the U.S. Department of Energy (DoE) for its Groves Reactor in Texas under the Reactor Pilot Program (RPP).

radioiowa.com - Dar Danielson - Startups in Ames, Coralville win Iowa Economic Development loans - Radio Iowa
Startups in Ames, Coralville win Iowa Economic Development loans - Radio Iowa
Home - Radio Iowa

The Iowa Economic Development Board recently awarded loans to three startup companies to help move their products forward. IEDA spokesperson Kanan Kappleman says an Ames tech company received one of the loans. “Narrate AR, more commonly…

dev.to - instanceofGod - TLS and mTLS for Infra Services: A Production Deep Dive for Solo Devs and Small Startups
TLS and mTLS for Infra Services: A Production Deep Dive for Solo Devs and Small Startups
DEV Community

This started as a cost problem, not a security paper. I was running a small production setup across two servers: a dedicated 1cpu/1GB RAM server running Redis, and a second OCI server — 2ocpu/12GB RAM — hosting a Postgres database…

fortune.com - Preston Fore - Defense tech investors thought the war in Iran could make them millionaires. Instead, some of the industry's biggest names have faced a bloodbath
Defense tech investors thought the war in Iran could make them millionaires. Instead, some of the industry's biggest names have faced a bloodbath
Fortune

The U.S. has racked up a $37.5 billion tab on the war in Iran following President Donald Trump's launch of Operation Epic Fury in late February. Yet despite continued conflict and historic levels of defense spending requested by the Pentagon…

techcrunch.com - Marina Temkin - Prentis, new AI lab co-founded by Reid Hoffman, Mark Pincus in talks to raise $100M
Prentis, new AI lab co-founded by Reid Hoffman, Mark Pincus in talks to raise $100M
TechCrunch

Prentis, a new AI research lab focused on computer use models, co-founded by serial entrepreneur Ritankar Das and tech heavyweights Reid Hoffman and Mark Pincus, is in talks to raise $100 million at a $1 billion valuation, according to two people…

thestandard.com.hk - The Standard 英文虎報 - South Korea President Lee looking to open new era of AI in with global tech companies
South Korea President Lee looking to open new era of AI in with global tech companies
The Standard

South Korean President Lee Jae Myung hosted an AI summit in San Francisco on Friday, bringing together the heads of leading AI developers with top South Korean business figures to accelerate efforts by Seoul to make the country a global AI…

techcrunch.com - Dominic-Madori Davis - Build in public, fail in public: what it's like to be a founder under 20 right now
Build in public, fail in public: what it's like to be a founder under 20 right now
TechCrunch

For Arlan Rakhmetzhanov, 19, there is no middle ground. Either he builds a company as valuable as Google, he says, or he fails and ends up on the streets. He started coding at 15 in his native Kazakhstan, completed a couple of summer programs in…

forbes.com - Shimite Obialo - The VC Math Ain't Mathin': This Health Investor Has a Fresh Playbook
The VC Math Ain't Mathin': This Health Investor Has a Fresh Playbook
Forbes

Dan Galles, Partner at Allumia Ventures Venture economics relies on a simple equation: raise a large fund, back dozens of companies and count on a handful of billion-dollar winners to “return the fund” by generating outsized returns…

techcrunch.com - Ram Iyer - Anduril reportedly in talks to raise funding at $100B valuation, more than 3x last year's mark
Anduril reportedly in talks to raise funding at $100B valuation, more than 3x last year's mark
TechCrunch

Defense tech company Anduril is said to be raising a new round of capital that may push its valuation up by a whopping $40 billion to about $100 billion, Reuters reported, citing anonymous sources. The company, which raised $5 billion in May at a…

businessinsider.com - Henry Chandonnet - Anthropic and Meta are on the defensive. Can they win back trust?
Anthropic and Meta are on the defensive. Can they win back trust?
Business Insider

Meta's new ad is a Lisa Frank wet dream. There are rainbows, butterflies, bear hugs, and smash-cuts between three grinning children. It's a smiley, cloying vision for AI. The ad's narrator beckons us to call Meta's staff 'optimists' and 'dreamers,'…

forbes.com - Ashish Bhatia - America Cannot Regulate Its Way Into Building A Dominant AI Ecosystem
America Cannot Regulate Its Way Into Building A Dominant AI Ecosystem
Forbes

America's AI industry is beginning to split around a fundamental question: what does it mean to lead in artificial intelligence? For the frontier labs, leadership means building the world's most capable model and acceleration towards…

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