Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
What I'm hearing on Tom Brady's Raiders rut and the startup that could save the Colts
This column is coming out on December 6th and mostly being read on the 7th, and my brain immediately goes to “6-7.” Blame the little boy who sat behind me in church recently. The priest said, “Open to hymn 678,” and…
Meta acquires AI device startup Limitless
Limitless, the AI startup formerly known as Rewind, has been acquired by Meta, the company announced Friday on its website. The company, which made an AI-powered pendant to record your conversations, says it will no longer sell its hardware devices…
Prisoners Alarmed to Discover That a Startup Is Training an AI Based on Their Phone Calls
For years, a US telecommunications company has been building proprietary AI models using phone and video calls placed by inmates in US prisons as building blocks. According to MIT Technology Review, the private equity-backed Securus Technologies…
This startup built a Fitbit for your brain to combat chronic stress
Antonio Forenza was working as head of research and development at Rakuten Symphony, a telecom subsidiary of the Japanese conglomerate, when he realized that he needed to find a better way to manage his stress levels. A few years earlier, he had…
Sources: AI synthetic research startup Aaru raised a Series A at a $1B 'headline' valuation
Aaru, a startup that provides near-instant customer research by using AI to simulate user behavior, has raised a Series A led by Redpoint Ventures, according to three people familiar with the deal. The funding round included different valuation…
Startup Building 'Air Traffic Control' to Help Self-Driving Cars Get Through Chick-fil-A
Let's face it: American roads aren't friendly places for pedestrians. They often feature ungodly numbers of extra-wide lanes, infinite parking lots, and tons of active driveways for cars to access chain stores and restaurants. As it turns out…
Read Asseta AI's pitch deck. The startup raised $4.2 million to solve a major pain point for family offices.
Family offices in the US managed $3.1 trillion worth of assets last year, according to a Deloitte report. That's more than the market caps of Meta and Tesla, combined. But many family offices manage all of those assets using relatively basic…
New York Times sues AI startup for 'illegal' copying of millions of articles
The New York Times sued an embattled artificial intelligence startup on Friday, accusing the firm of illegally copying millions of articles. The newspaper alleged Perplexity AI had distributed and displayed journalists' work without permission en…
A 24-year-old Stanford Ph.D. dropout shares how she lured Meta's top AI researchers and raised $64 million for her math startup
A 24-year-old Stanford dropout has wooed top Meta AI researchers to her nascent startup, which is building an AI mathematician. Axiom Math is the brainchild of Carina Hong, a Rhodes Scholar who dropped out of her graduate studies at Stanford to…
Meta buys AI wearables startup Limitless
Meta on Friday confirmed it is buying Limitless, a U.S. startup that makes a wearable pendant that records and summarises conversations and meetings with the help of artificial intelligence. Financial details of the deal to acquire the…
How a Durham startup is keeping QB Daniel Jones on the field
When Daniel Jones, a Charlotte native who played college football at Duke, fractured his fibula last month, it came at a horrible time for the quarterback. After a disappointing end to his stint with the New York Giants last year, Jones has been…
Portland biotech startup receives millions from National Science Foundation
PORTLAND, Ore. — A local biotech startup is getting a big boost. Caravel Bio recently announced it's getting $2.2 million of a $7.8 million grant from the National Science Foundation. The startup is located in south Portland, and the work is…
Meta acquires Sam Altman-backed AI wearable startup Limitless
Meta Platforms Inc. today announced that it has acquired Limitless Inc., a startup with an artificial intelligence wearable for recording conversations. The terms of the deal were not disclosed. Limitless has raised $33 million in funding from…
Nuclear Startup Announces Kansas Site for Mile-Deep Reactor Pilot
A California-based nuclear energy company with plans to place small modular reactors (SMRs) in mile-deep boreholes said it will break ground December 9 for a pilot project at a site in Parsons, Kansas. Berkeley-headquartered Deep Fission on…
Ex-Googler's Yoodli triples valuation to $300M+ with AI built to assist, not replace, people
Yoodli, an AI-powered communication training startup, has reached a valuation of more than $300 million — more than triple its level six months ago — as it builds technology meant to assist people rather than replace them with…
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