Startup Industry News

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

prweb.com - Genki - Genki Acquires AI Insurtech Startup Wave Claims and Claim OS
Genki Acquires AI Insurtech Startup Wave Claims and Claim OS
PRWeb

'Claims are the moment of truth in health insurance. Bringing this technology and expertise into Genki means we understand our members' healthcare needs better, and everything we learn flows into building better products for them,' said Marc Knaup…

jpost.com - TOBIAS HOLCMAN - Virtual power plant': Israeli startup aims to solve data centers' energy crisis
Virtual power plant': Israeli startup aims to solve data centers' energy crisis
The Jerusalem Post

The looming energy crisis that is expected to affect Israel and the world in the coming years, with the development of artificial intelligence data centers putting pressure on the grid, might have a solution thanks to nGrid, an Israeli energy…

hypebeast.com - Joyce Li - Netflix Paid $587 Million USD for Ben Affleck's AI Startup InterPositive
Netflix Paid $587 Million USD for Ben Affleck's AI Startup InterPositive
Hypebeast

Craig T Fruchtman/Wireimage/Getty Images Netflix has officially closed a monumental deal to acquire InterPositive, the stealth artificial intelligence filmmaking startup founded by Hollywood veteran Ben Affleck. The streaming giant paid $587…

cointelegraph.com - Electronic Transactions Association CEO Expecting More Partnerships with Bitcoin Startups
Electronic Transactions Association CEO Expecting More Partnerships with Bitcoin Startups
Cointelegraph

Electronic Transactions Association (ETA) CEO, Jason Oxman, indicated that members of his organization might start recognizing Bitcoin's disruptive potential, suggesting that this might lead to more partnerships between traditional electronic…

fortune.com - Nathaniel Popper - Prediction markets Swell to 27% of sports bets during World Cup
Prediction markets Swell to 27% of sports bets during World Cup
Fortune

Prediction-market trading has surged during a blowout World Cup, far outpacing the growth at traditional sportsbooks and driving home the competitive threat that companies like Kalshi now pose to the sports-gambling industry. Kalshi, the biggest…

forbes.com - Emma Sandler - Protein Ice Cream Is This Summer's Next Food Trend
Protein Ice Cream Is This Summer's Next Food Trend
Forbes

David Protein made a splash with its frozen dessert, which packs 10 grams of protein per serving and only 210 calories for the entire pint. Summer's favorite guilty treat is getting a protein glow up. Since the beginning of the year, both…

scmp.com - Advertising partner - Amazon Web Services bets on 'one-person unicorns' with new accelerator for Chinese founders
Amazon Web Services bets on 'one-person unicorns' with new accelerator for Chinese founders
South China Morning Post

[The content of this article has been produced by our advertising partner.] Amazon Web Services (AWS) has launched a flagship accelerator programme aimed at Chinese-speaking entrepreneurs, betting that artificial intelligence has ushered in an era…

techcrunch.com - Kirsten Korosec - TechCrunch Mobility: The battle over robotaxi rules
TechCrunch Mobility: The battle over robotaxi rules
TechCrunch

Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click TechCrunch Mobility ! Last week, I wrote about…

japantimes.co.jp - China's Moonshot plans IPO in six months after AI breakthrough
China's Moonshot plans IPO in six months after AI breakthrough
The Japan Times

Moonshot AI has told investors it's preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China's burgeoning capabilities and sent global tech stocks…

fastcompany.com - Adele Peters - The Strait of Hormuz crisis is exposing a hidden food risk. New fertilizer tech could help
The Strait of Hormuz crisis is exposing a hidden food risk. New fertilizer tech could help
Fast Company

When ships can't make it through the Strait of Hormuz, the fallout goes beyond the price of oil: Nearly a third of the world's fertilizer also passes through the corridor, coming from factories in countries like Qatar. Fertilizer prices have surged…

asmartbear.com - Jason Cohen - What is the value of one hour of a startup founder's time?
What is the value of one hour of a startup founder's time?
A Smart Bear

Startup founders undervalue their time. Here's why you should act like it's $1000/hr, and how it changes the decisions you make. Almost no startup founder values her time properly. Consultants know exactly what their time is worth: their hourly…

businessinsider.com - Alistair Barr - What happens when AI starts gambling on soccer?
What happens when AI starts gambling on soccer?
Business Insider

How do you measure whether an AI is actually good at predicting the future? The CTO of startup Obside emailed me recently with a fascinating real-world benchmark. Instead of giving AI models another standardized test, Obside had ChatGPT, Gemini…

fortune.com - Winnie Hsu - Korea's AI-heavy market now sets the tone for global stocks
Korea's AI-heavy market now sets the tone for global stocks
Fortune

For fund managers in London, New York and Tokyo, a new ritual has emerged before trading gets underway: checking South Korean stocks. Once a peripheral market for many global investors, Korea's $4 trillion equity market is offering an early read on…

cnbc.com - Bob Woods - The market for psychedelic drugs to treat mental health conditions gets a big buy signal
The market for psychedelic drugs to treat mental health conditions gets a big buy signal
CNBC

Thursday's announcement that Eli Lilly will acquire AtaiBeckley, a clinical-stage maker of psychedelic drugs, for up to $3.8 billion indicates Big Pharma's increasing embrace of a long-stigmatized class of medications as alternatives for treating…

digitaljournal.com - AFP - Pocket-size AI: Powerful phones star at China show
Pocket-size AI: Powerful phones star at China show
Digital Journal

Tech firms are racing to roll out advanced smartphones that use artificial intelligence to do everything from ordering food to composing messages upon a simple voice command. Wide adoption of phones running on so-called AI agents would be a…

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