Startup Industry News

Why Bootstrapped Startups Should Think Twice Before Going Fully Remote

Vikram Joshi, Founder and CTO at pulsd —a company in the business of democratizing fun in New York City. The rapid normalization of working from home has reconfigured how and where talent operates, offering flexibility that was once a pipe…

Unastella, a South Korean rocket startup that launched from home, raises $24M

As SpaceX counts down to what could be the largest IPO in history, the race to build the next generation of launch vehicles is heating up. Asia wants in. Startups across Australia, India, Japan, and South Korea are racing to establish themselves in…

Under 30 Alum's 3D Model Startup Hits Unicorn Status Amid AI Frenzy

VAST, a Chinese AI model developer founded by 29-year-old gaming enthusiast Simon Song, has become a unicorn startup after raising about $200 million in fresh funding from over a dozen investors including INCE Capital, Genesis Capital and Primavera…

Boston Startup Fundraising Looks Strong Only By Pre-AI Parameters

Startup investment in the Boston metro area has been trending higher for the past couple years. Even so, the region's funding gains haven't kept pace with the massive AI-driven increases in overall U.S. venture investment. So far this year…

China's AI startup MiniMax explores Shanghai STAR Market listing

Disrupted or dead': AI is crushing a generation of startups built before ChatGPT

Nearly half of America's 857 unicorn startups haven't raised fresh funding in three years, PitchBook data shows. Startups that last raised in 2021 are worth 68% less on average, PitchBook found, while those that last raised in 2022 have seen their…

America's Next Arsenal Will Be Built by Startups

America's 250th anniversary should be more than a commemoration. It should be a challenge. For two and a half centuries, the United States has endured because each generation built what the moment required: ships, railroads, factories, aircraft…

Gen-Z Gamer's 3D-Model Startup Becomes China's Latest AI Unicorn

Vast, a 3D-modeling startup founded by a 29-year-old gamer, raised nearly $200 million to become the latest Chinese AI outfit to achieve a valuation of $1 billion. Ince Capital and a venture fund backed by China Life Insurance Co. led the…

Berkshire Hathaway deal, startups grapple with AI, the cost of the Iran war and more in Morning Squawk

This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. There's some breaking news to start the week: Nvidia is getting into the PC market, helping to spark a rally in premarket trading among…

Nvidia picks Unitree for humanoid robot platform as Chinese startup eyes IPO

Nvidia is working with Chinese startup Unitree for a research-focused humanoid robotics system. The robot comes with Nvidia's Blackwell chip inside a Unitree humanoid body. Sales, primarily to research institutions, are set to start later this…

Zelenskyy makes a pitch to Silicon Valley's defense startups: Bring your AI, we'll bring the battle experience

Ukraine has experience fighting and defending itself using drones. American tech companies have AI firepower. Ukrainian President Volodymyr Zelenskyy says the combination of the two could be world-changing. 'American technological companies have a…

People by WTF: Nikhil Kamath and Martin Escobari Say India Needs Startup Role Models, Not Regulation

Tech investor Nikhil Kamath brought together cross-generational voices in the latest episode of his People by WTF podcast to address how the next generation of founders can build sustainable enterprises during macroeconomic volatility. The…

A startup is offering New Yorkers home cleanings…. but there's a catch

READ MORE: I took an identical grocery list to Costco, Walmart and Target. The price difference for everyday items will shock you New Yorkers can get their apartments cleaned for free, but there's a hidden price they might not be willing to pay.

How The Iran War Oil Shock Is Helping Launch A Market For Electric Tugboats

Arc Marine's electric tugboats are heading for the Port of Long Beach, California. The next hot electric vehicle may not come with gullwing doors, a self-driving mode or the ability to provide backup power to your home. It may be an 80-foot…

Hollywood Studios Are Spending On AI To Control The Future Of Film

Culver City, California where Amazon MGM Studios hosted the AI on The Lot conference When Amazon MGM Studios took the stage at the AI on the Lot conference in Culver City on May 27, the news was not a chip or a model. It was a slate of cartoons.