Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Genki Acquires AI Insurtech Startup Wave Claims and Claim OS
'Claims are the moment of truth in health insurance. Bringing this technology and expertise into Genki means we understand our members' healthcare needs better, and everything we learn flows into building better products for them,' said Marc Knaup…
Virtual power plant': Israeli startup aims to solve data centers' energy crisis
The looming energy crisis that is expected to affect Israel and the world in the coming years, with the development of artificial intelligence data centers putting pressure on the grid, might have a solution thanks to nGrid, an Israeli energy…
Netflix Paid $587 Million USD for Ben Affleck's AI Startup InterPositive
Craig T Fruchtman/Wireimage/Getty Images Netflix has officially closed a monumental deal to acquire InterPositive, the stealth artificial intelligence filmmaking startup founded by Hollywood veteran Ben Affleck. The streaming giant paid $587…
Electronic Transactions Association CEO Expecting More Partnerships with Bitcoin Startups
Electronic Transactions Association (ETA) CEO, Jason Oxman, indicated that members of his organization might start recognizing Bitcoin's disruptive potential, suggesting that this might lead to more partnerships between traditional electronic…
Prediction markets Swell to 27% of sports bets during World Cup
Prediction-market trading has surged during a blowout World Cup, far outpacing the growth at traditional sportsbooks and driving home the competitive threat that companies like Kalshi now pose to the sports-gambling industry. Kalshi, the biggest…
Protein Ice Cream Is This Summer's Next Food Trend
David Protein made a splash with its frozen dessert, which packs 10 grams of protein per serving and only 210 calories for the entire pint. Summer's favorite guilty treat is getting a protein glow up. Since the beginning of the year, both…
Amazon Web Services bets on 'one-person unicorns' with new accelerator for Chinese founders
[The content of this article has been produced by our advertising partner.] Amazon Web Services (AWS) has launched a flagship accelerator programme aimed at Chinese-speaking entrepreneurs, betting that artificial intelligence has ushered in an era…
TechCrunch Mobility: The battle over robotaxi rules
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click TechCrunch Mobility ! Last week, I wrote about…
China's Moonshot plans IPO in six months after AI breakthrough
Moonshot AI has told investors it's preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China's burgeoning capabilities and sent global tech stocks…
The Strait of Hormuz crisis is exposing a hidden food risk. New fertilizer tech could help
When ships can't make it through the Strait of Hormuz, the fallout goes beyond the price of oil: Nearly a third of the world's fertilizer also passes through the corridor, coming from factories in countries like Qatar. Fertilizer prices have surged…
What is the value of one hour of a startup founder's time?
Startup founders undervalue their time. Here's why you should act like it's $1000/hr, and how it changes the decisions you make. Almost no startup founder values her time properly. Consultants know exactly what their time is worth: their hourly…
What happens when AI starts gambling on soccer?
How do you measure whether an AI is actually good at predicting the future? The CTO of startup Obside emailed me recently with a fascinating real-world benchmark. Instead of giving AI models another standardized test, Obside had ChatGPT, Gemini…
Korea's AI-heavy market now sets the tone for global stocks
For fund managers in London, New York and Tokyo, a new ritual has emerged before trading gets underway: checking South Korean stocks. Once a peripheral market for many global investors, Korea's $4 trillion equity market is offering an early read on…
The market for psychedelic drugs to treat mental health conditions gets a big buy signal
Thursday's announcement that Eli Lilly will acquire AtaiBeckley, a clinical-stage maker of psychedelic drugs, for up to $3.8 billion indicates Big Pharma's increasing embrace of a long-stigmatized class of medications as alternatives for treating…
Pocket-size AI: Powerful phones star at China show
Tech firms are racing to roll out advanced smartphones that use artificial intelligence to do everything from ordering food to composing messages upon a simple voice command. Wide adoption of phones running on so-called AI agents would be a…
Receive a Daily briefing on Startup Industry News
Get Started