Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Startup Backed by Ex-Google CEO Debuts Industrial Robot With LG
A startup backed by former Google Chief Executive Officer Eric Schmidt unveiled an industrial robot powered by artificial intelligence, as investors pile into the emerging field of humanoids. The general-purpose robot, called Eno, will be developed…
This AI robot startup thinks humanoids are overrated
There's a new entrant in the race to build a general-purpose robot, and it does not look human. Robotics startup Genesis AI unveiled Eno on Tuesday, a wheeled robot with two arms, but instead of legs, it has a three-panel body that can adjust its…
Payments startup Flutterwave hits $3.2B valuation, backed by Ripple
African payments infrastructure company Flutterwave announced Tuesday a Series E round that values the company at $3.2 billion. This round, notably, includes an equity investment from payments blockchain company Ripple. The company did not reveal…
Here's Why AI Implementation Is Keeping Startup Founders Awake At Night
Startups are struggling with AI adoption AI-powered startups are being built faster than ever, yet most will never make it past their first year. Despite unprecedented access to powerful models, funding and development tools, around 95% of…
10 Frequently Asked Questions About Startups
Behind every headline-grabbing business success story lies years of hard work. Starting a business is one of the most exciting and challenging undertakings an entrepreneur can pursue. Interest in entrepreneurship is at an all-time high, and there…
Forbes Daily: The Startup Trying To Build Floating Data Centers At Sea
Newly-public SpaceX wants to put data centers in space—but there may be a better and cheaper option: the sea. Backed by Peter Thiel, Portland, Oregon startup Panthalassa has been developing floating data centers that generate their own…
This startup wants to pay for your email and photos to train AI - and it's on an acquisition spree
The next wave of AI needs your photos, receipts, and emails to get smarter. One startup wants to help you get paid for it, and it's on a corporate shopping spree. AI training startup Mode Inc has acquired two consumer applications, bringing its…
Vibe coding is being called the greatest unlock for non-techies. These 5 startups are raising billions.
The tech world is both in awe of and fearful of vibe coding. On one hand, tech giants are all in on these AI-assisted coding tools. They're touting efficiency gains, listing it as a need-to-have in job descriptions, buying their employees…
This startup's super metals could soon be in military drones, luxury watches, and chef's knives
How humans alloy metals is essentially the same today as it was in the Bronze Age: Melt some different metals in a pot and mix them until they form a new, better metal. An early stage startup, Foundation Alloy, has developed a new alloying…
SpaceX buys AI coding startup Cursor for $60 billion
SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk's space exploration and AI company seeks a competitive edge against rivals Anthropic and OpenAI after its Wall Street debut last week.
Exclusive | EV Startup Rivian Lays Off Hundreds of Workers
Electric vehicle automaker Rivian laid off hundreds of employees Tuesday, a move to make the business profitable as it launches a key new model. The cuts represent less than 2% of Rivian's workforce, a spokesperson said. The company had about…
SpaceX Acquires AI Coding Tool Cursor For $60B In Year's Largest Startup M&A Deal
SpaceX, fresh off its record-breaking IPO, formalized plans to purchase the startup behind the popular AI coding tool Cursor for $60 billion in an all-stock deal, marking one of the largest acquisitions of a venture-backed startup in recent years…
Exclusive: Voice AI startup Bland raises $50 million after being rejected by 180 investors
Isaiah Granet was rejected by 180 investors in three weeks during Y Combinator. Their reason: phone calls won't exist in a year. He's raised more than $100 million to prove them wrong. Bland, the San Francisco voice AI company Granet co-founded in…
SpaceX to acquire AI startup Cursor in $60B deal (SPCX:NASDAQ)
Elon Musk's SpaceX (SPCX) said on Tuesday that it will acquire Anysphere, the developer of the widely used AI coding assistant Cursor, in a $60B deal aimed at strengthening its position in the enterprise artificial intelligence market.
SpaceX cements $85 billion takeover of AI coding startup
SpaceX has formally agreed to take over Cursor in a deal that values the AI coding startup at $US60 billion ($85 billion), cementing a key part of Elon Musk's efforts to catch up with rivals on coding tools. Cursor investors will have the right to…
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