Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
AI Companies Are Paying This Indian Startup To Strap Cameras To Housekeepers' Heads
On a Tuesday evening in early July, Anushka Ahuja, a dentist in Gurgaon, India, opens the door for the house help she booked ten minutes ago on Pronto, an app that provides instant professional cleaning services like sweeping, mopping and laundry…
Lilian Weng rejoins OpenAI after leaving Thinking Machines Lab over the startup's grueling pace
Lilian Weng, a cofounder of the AI startup Thinking Machines Lab who stepped down this week, is rejoining OpenAI. The researcher will lead a team focused on accelerating internal research at the ChatGPT maker, as part of OpenAI's bid to develop AI…
Robotics startup Generalist AI is in talks to raise a new funding round at a $3 billion valuation
Robotics startup Generalist AI is in talks with investors to raise a new funding round that would value the company at $3 billion. Venture firm 8VC is expected to lead the round, according to people familiar with the discussions. The round is in…
Tech people need to stop': Startup faces backlash after suggesting its AI can save bad relationships
AI companies claim their assistants can do just about anything these days. But when it comes to dating, the technology has stayed somewhat on the sidelines—mostly helping to shape algorithms for dating apps or providing generic advice to…
The LinkedIn Message That Sparked A Billion-Dollar Rocket Startup
Vikram-1's spectacular liftoff captured in slow motion Summary is AI-generated, newsroom-reviewed Mukesh Bansal invested Rs 10 crore in Skyroot Aerospace after a cold LinkedIn message in 2018 Skyroot became India's first private company to launch…
Exclusive: Former Meta And Slack Engineers Raise $15M For New Startup Centralize To Build A 'Deal GPS' For Enterprise Sales
While working as a product tech lead at a startup, Rachit Kataria watched a multi-hundred-thousand-dollar enterprise account suddenly fall into jeopardy. After pausing his entire engineering team's workload for two weeks to ship a requested fix, he…
The Ultra-Wealthy Pay Up to $100,000 a Year for Elite Healthcare. This Startup Wants to Bring It to Everyone for a Fraction of the Price.
Max Marchione struggled for years to get a real diagnosis, an experience that led him to found Superpower, now valued at more than $500 million. For $199 a year, members get a full blood panel, an AI health protocol and care team access.
Chinese startup raises funds for space situational awareness constellation, joining commercial SSA rush
SINGAPORE — A Beijing-based startup has secured around $14 million to build a satellite constellation for tracking orbital objects, adding to China's growing SSA sector. Xingchen Daohe, also known as Stars Harmony, was reported to have…
Pet wellness startup Golden Child launched at Atomic names DTC veteran as CEO
Golden Child, a Miami-based pet wellness brand, announced today that consumer industry veteran Connor Stastny is its new Chief Executive Officer. Stastny joins the startup following a successful tenure scaling high-growth direct-to-consumer brands…
Exclusive-Intel providing chip technology to startup led by co-investor of Tan in rare deal
SAN FRANCISCO/WILMINGTON, Delaware, July 29: Intel has provided access to some of its processor technology to a new startup, according to a source and documents reviewed by Reuters, in a rare move for the U.S. chipmaker. Intel CEO Lip-Bu Tan and…
Chennai-based Anicut Capital to invest in 20 startups with ₹175-crore fund
Chennai-headquartered Anicut Capital, an alternative asset management company managing multiple Alternative Investment Funds (AIFs) across both debt and equity strategies, has launched Grand Anicut Seed Fund (GASF) with a target corpus of…
Optical interconnect startup Eliyan raises $145M in funding to solve the AI chip cluster connectivity crunch
Silicon Valley-based chip interconnect startup Eliyan Corp.'s valuation has increased to $1 billion after it closed on a $145 million Series C funding round today. Seligman Ventures led the round, with Cisco Ventures and Lumentum also backing the…
Public finance body targets SMEs and startups in Cyprus
Cyprus' newly established Cyprus Business Development Organisation is expected to become operational within the next 12 to 18 months, despite legislation creating the institution having already been approved by parliament. The organisation is…
Latest AI Uses Tabular Foundation Models To Turn Columnar Data Into Vital Insights
Latest AI advances are aiming toward developing tabular foundation models (TFMs). In today's column, I examine the rise of tabular foundation models (TFMs). These AI-based models are somewhat akin to large language models (LLMs), though TFMs are…
Munich Startup Knowlix AI Enters 29 African Markets With AI SME Platform - But Zero Local Customers at Launch and Established Rivals in Its Path
Munich-based startup Knowlix AI has launched an AI-powered business platform aimed at small and medium-sized enterprises across 29 African countries and a number of markets elsewhere — but is entering the continent with no African customers…
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