Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Vibe Founding Might Be The Last Frontier For Startups In An AI World
President and co-founder Adam Beaugh (left) and chairman and co-founder Jim Hornthal (right) listen during a staff meeting at Zignal in San Francisco, Calif., on Friday, August 7, 2015. (Photo By Liz Hafalia/The San Francisco Chronicle via Getty…
Station F ramps up as a launchpad for Europe's hottest AI startups
Station F, a Paris-based startup hub founded by French billionaire Xavier Niel, is gearing up for a new edition of its F/ai accelerator program in a bid to strengthen its positioning as a stepping stone for promising AI startups. Launched in…
Self-driving startup Turing gets AMD backing and adopts AMD GPUs
Self-driving tech developer Turing has added AMD Ventures to its list of backers and begun adopting Advanced Micro Devices' AI accelerators in its systems. The five-year-old Japanese startup is adding to its capabilities as it builds toward a…
This Investor Only Backs Startups Under One Grueling Condition
Jason Lemkin, a longtime software investor, says he is not interested in investing in startups that allow remote or hybrid work. Lemkin is looking to back startups that require an in-office presence six days a week. He says the companies that…
Sector Snapshot: Cleantech Startup Funding Stabilizes As Energy Demand Grows
Cleantech isn't the hottest space for startup funding these days. That title obviously goes to AI. Nonetheless, amid a period of soaring electricity demand, rising EV adoption rates, and accelerating progress in fusion and other fields, cleantech…
Investors ignored manufacturing startups for years. These ex-Apple engineers raised a $33 million fund to change that.
After years helping Apple bring products from prototype to production, two former executives are betting the next AI boom won't happen on screens but rather on on factory floors. Simon Lancaster and Sabrina Paseman's new firm, Omni Ventures, has…
German chamber of commerce in Korea outlines plans to launch AI startup competition
The Korean-German Chamber of Commerce and Industry (KGCCI) will hold an artificial intelligence (AI) startup competition this month to identify Korean companies with strong potential to expand into Germany and the broader European market. The…
Italy's Eni Invests $225 Million in U.S. Startup EnergyX's Chile Lithium Project
Italian energy company is buying a 25% stake in a Chilean lithium project owned by Energy Exploration Technologies for $225 million, raising its bet on the U.S. startup as it branches out into batteries and the critical minerals needed to make…
Chinese AI startups Zhipu, MiniMax face pressure as $50b lock-ups expire this week
Shares of Chinese AI startups Z.ai (2513) and MiniMax (0100) face near-term pressure as cornerstone investor lockups worth over HK$50 billion expire this week, which could prompt a rotation back into traditional tech, analysts say. SCROLL TO…
Exclusive | A Trucking Startup Aims to Challenge Tesla. Now, Paychecks Are Missing-And So Is a Truck
Windrose Technology seemed poised this year to disrupt the global trucking industry: $400 million raised to build a cutting-edge electric big rig to rival Tesla's new Semi truck. By March, the company was in such disarray that Windrose's chief…
Startup bets that investors want to trade compute like a commodity
Ornn, an Andreessen Horowitz-backed startup, raised a $33 million seed round to build a marketplace for trading the computing power that underpins today's AI boom, similar to what exists for oil traders. Why it matters: Investors increasingly want…
Startup builds algorithm for hotel room trading
Three months after the ceasefire, and its business as usual in the global tourism industry. The Abu Dhabi and Dubai airports are already bustling, gearing up for tens of millions of passengers during the summer vacation. Dor Krubiner and Omry…
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