Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Every fusion startup that has raised over $100M
Over the last several years, fusion power has gone from the butt of jokes — always a decade away! — to an increasingly tangible and tantalizing technology that has drawn investors off the sidelines. The technology may be challenging…
What investors say went wrong at Selena Gomez's mental health startup Wondermind
Selena Gomez set out to create 'the world's first mental fitness ecosystem.' Instead, the startup is becoming her own personal headache. A federal lawsuit filed Thursday offers a detailed account of what investors say went wrong at Wondermind…
4 Lessons I Wish I'd Known Before Founding My AI Startup
On paper, Oscar Brisset's trajectory looks like a smooth ride. An economics degree from Oxford. A consulting career at Boston Consulting Group working on billion-dollar transformations for Fortune 500s. AI engineer at BCG X, the firm's technology…
I have a chip on my shoulder.' Phoebe Gates wants her $185 million AI startup Phia to succeed with 'no ties to my privilege or my last name'
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PM Modi highlights startup growth and Rs 1 lakh crore Innovation Fund
Prime Minister Narendra Modi on Saturday exhorted India's youth to dream big, assuring them of resources and support, as he highlighted the growth of India's startup ecosystem and the government's Rs 1 lakh crore Innovation Fund to support ideas…
I quit my 6-figure investment banking job after only 4 months. I'm making less now, but I'm building a future that'll pay off.
This as-told-to essay is based on conversations with Sofia Jiang, a 23-year-old marketer and founder, based in NYC. Her words have been edited for length and clarity. Last year, I was so grateful to get an investment banking job after I graduated.
Supplier Invoice Speech-to-Text: EU Startup Validation Beyond Per-Minute Pricing
Short answer: the cheapest speech-to-text API for an EU startup is the candidate that passes your invoice-field accuracy gate at the lowest normalized cost for your actual audio. Don't choose from a public per-minute headline alone. Put every…
How Olix's 25-Year-Old Founder Became Europe's Richest Self-Made Billionaire
In 2017, James Dacombe dropped out of high school to found brain monitoring startup CoMind. Four years later, he took a Thiel Fellowship to skip college and build his first startup. Now the 25-year-old is Europe's youngest self-made billionaire…
PM promises Rs 1 lakh crore Innovation Fund for start-ups
Prime Minister Narendra Modi has exhorted India's youth to leverage the country's robust startup ecosystem and the government's substantial Rs 1 lakh crore Innovation Fund to dream big and drive India's journey towards becoming a developed nation.
Sam Altman says 4 years could be too long for college: 'The way the world has evolved, college just shouldn't be as long as it is
OpenAI CEO Sam Altman said two years in college was 'the exact right amount of time' for him. It may be for others, too. 'I think I learned a lot, and it would have been like vastly diminishing returns,' Altman recently told investor Cory Levy…
High-school sweethearts started a blog while carrying $40,000 in student debt. By 30, their net worth topped $1 million.
Before launching The Savvy Couple in 2016, Kelan Kline had reached a breaking point. He and his wife, Brittany, had recently married, bought a starter home, and begun paying down roughly $40,000 in student loans. Brittany was an elementary school…
Anthropic's IPO valuation tied to 2028 revenue forecast
Bankers and investors are considering revenue projections for 2028, using enterprise value-to-revenue multiples, to anchor Anthropic's public market valuation, despite this projecting two years into the future. Unlike established firms typically…
Selena Gomez Fires Back at 'Meritless' Wondermind Lawsuit
Watch: Selena Gomez, Mom Mandy Teefey Accused of Defrauding Investors in Wondermind Lawsuit After the “Calm Down” singer, her mom Mandy Teefey and co-founder Daniella Pierson were accused of defrauding investors in their mental health…
Meet the young billionaires getting filthy rich off AI - and their lavish purchases
Silicon Valley's artificial intelligence boom is spawning a new class of billionaires who are barely old enough to rent a car — but now rich enough to live large in California's most lavish mega-mansions. Despite fears of a bubble, the AI…
Is AI really helping your SMB? Study finds a quarter of execs can't explain what their AI actually does
Study finds 25% of business leaders struggle to explain AI-generated outputs to stakeholders SMEs are trusting AI with complex financial tasks including audits and compliance Customers and investors are increasingly avoiding businesses that use…
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