Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
This Houston startup is using old oil wells to make clean hydrogen
Deep in West Texas, an old oil field is nearing the end of its commercial life. But a startup recently spent a month at the site producing a new energy source: clean, ultra low-carbon hydrogen. Eclipse, the startup, uses microbes to break down oil…
Jensen Huang Was a Cheerleader for AI Startups. Now What?
Good day. Yesterday, the AI startup world shuddered at news that Jensen Huang, Nvidia 's CEO and ubiquitous global face of AI optimism, had resigned after affairs with two women, one of them possibly a Chinese spy. The industry was abuzz with…
Personal data of startup support program participants leaked in cyberattack
Personal information of participants of a government-backed startup program has been leaked following a cyberattack against a company supporting the program, the startups ministry said Friday. The artificial intelligence solutions company detected…
Dallas-Startup REO Trucks Offers Buyers a New Look at Affordability
The average price paid for a new vehicle just eclipsed a new all-time high while one of the big buzzwords in the industry is “affordability.” Some automakers, like the Jeff Bezos-backed Slate Auto, buoyed hopes, but have fallen short.
In APEC host Shenzhen, China's next-gen startups still bank on foreign buyers
The billboards along the thoroughfares of this metropolis welcome US President Donald Trump and other world leaders next week with a futuristic pitch: 'Gather in Shenzhen, Witness the Wonders.' Driverless taxis nearby weave through traffic while…
This Startup Raised $1 Billion to Build AI Faster and With Fewer Humans
Mirendil, a startup building artificial-intelligence tools that could vastly accelerate the pace of AI research and development, has raised $1 billion in its latest funding round. Venture-capital firm Kleiner Perkins and private-equity firm…
Bay Area startup says flying car closer to reality after 11 years of work
When somebody says, 'I'm taking off,' it usually means they're heading out. But in Half Moon Bay, you may want to take a step back, because here, they really mean it. For years, if you wanted to catch a flying car, your best bet was Saturday…
U.S. Buyers Took 39% of First Exits in Selected UK Startup Sample
A Common Wealth study found U.S. corporate buyers accounted for 39% of first exit deals among a selected group of UK venture-backed technology firms, raising questions about domestic tech capacity. The study did not examine every British startup…
Norwest's $4 Billion Fund Prioritizes Early-Stage AI Startups
Norwest's new $4 billion fund will prioritize early-stage artificial intelligence startups, a stated investment priority for Norwest's 18th fund as it plans investments in new companies. The firm disclosed the vehicle Nov. 12. It is the firm's 18th…
Brain implant startup pauses trials
Get your daily dose of health and medicine every weekday with STAT's free newsletter Morning Rounds. Sign up here. Buongiorno! Today's stories have me wondering what it must be like to study the human brain: Every new discovery is a breathtaking…
German AI robotics startup valued at $8.5 billion after new fundraising
German AI robotics startup Agile Robots said Thursday that a new funding round valued the company at $8.5 billion (7.7 billion euros), providing additional firepower for a global expansion. One of Europe's leading makers of humanoid robots and…
High-Speed Aircraft Startup Hermeus Joins Forces With Northrop Grumman
Aviation startup Hermeus and established prime contractor Northrop Grumman say they are now working together toward the aim of delivering operational uncrewed aircraft capable of high-supersonic, if not hypersonic, flight to the U.S. military.
At a major Silicon Valley AI conference, VCs and CEOs grapple with a future without Jensen Huang
Hours after he was ousted as the CEO of Nvidia, Jensen Huang was still winning at the Cerebral Valley AI Summit in San Francisco on Thursday. At least in a video game. In 'Cerebral Kombat,' an arcade game set up for attendees, the Nvidia cofounder…
Former FCC Chair Tom Wheeler to Advise AI Startup
BELLEVUE, Wash. — Tom Wheeler, who chaired the Federal Communications Commission during the second Obama administration, has joined the advisory council of artificial intelligence firm Known Systems. Known is developing technology to help…
The Guardian view on venture capitalism: investor profits are no industrial strategy | Editorial
Britain keeps selling its most valuable companies. The Financial Times calculates that 300 went to foreign buyers, mostly American, over the past decade. What if innovation were scaled up to serve social needs here rather than US investors'…
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