Startup Industry News

A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

techcrunch.com - Tim De Chant - Exclusive: Hyperscale Power is the latest startup to challenge 140-year-old transformer tech
Exclusive: Hyperscale Power is the latest startup to challenge 140-year-old transformer tech
TechCrunch

The iron-core transformer is the 140-year old technology that props up both the electrical grid and AI companies. The devices are clunky but reliable, which explains why they're still in use: if it ain't broke, don't fix it. Yet as the data center…

wsj.com - Suzanne Vranica - The Billion-Dollar AI Startup That Was Founded by Teenagers
The Billion-Dollar AI Startup That Was Founded by Teenagers
Wall Street Journal

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at…

businessinsider.com - Lloyd Lee - Anthropic's lawyer says government is 'pressuring' companies to ditch the AI startup, go to competitors
Anthropic's lawyer says government is 'pressuring' companies to ditch the AI startup, go to competitors
Business Insider

Anthropic's lawyer said the US government is 'pressuring' the startup's customers to go to rival AI providers amid an escalating fight between the Claude developer and the Department of Defense. During a status conference on Tuesday, Michael…

techcrunch.com - Julie Bort - Mandiant's founder just raised $190M for his autonomous AI agent security startup
Mandiant's founder just raised $190M for his autonomous AI agent security startup
TechCrunch

Kevin Mandia, who founded the cybersecurity startup Mandiant in 2004 and sold it to Google for $5.4 billion in 2022, has launched a new AI-native cybersecurity startup with what the company claims is a record-breaking funding round. The new outfit…

techcrunch.com - Julie Bort - AI network startup Eridu emerges from stealth with hefty $200M Series A
AI network startup Eridu emerges from stealth with hefty $200M Series A
TechCrunch

Drew Perkins has been inventing computer network tech and building startups since the dawn of the internet age. Now he's back as a co-founder and CEO of AI networking startup Eridu that's officially coming out of stealth on Tuesday with an…

businessinsider.com - Lee Chong Ming - Yann LeCun's startup has a new CEO - and $1 billion
Yann LeCun's startup has a new CEO - and $1 billion
Business Insider

Yann LeCun's AI startup has raised more than $1 billion in seed funding and appointed a new CEO. In a post on X on Tuesday, entrepreneur and former Facebook researcher Alex LeBrun said he is joining LeCun and the founding team of Advanced Machine…

crunchbase.com - Mary Ann Azevedo - Swedish Legal Tech Startup Legora Triples Valuation To $5.55B With $550M Series D Led By Accel
Swedish Legal Tech Startup Legora Triples Valuation To $5.55B With $550M Series D Led By Accel
Crunchbase

Legora, an AI platform built for lawyers, has raised $550 million in a Series D funding round, valuing the Swedish company at $5.55 billion. The valuation is a big jump from the $1.8 billion Legora achieved just last October, when it raised a $150…

bloomberg.com - Dina Bass - AI Robotics Startup Rhoda Valued at $1.7 Billion in New Funding
AI Robotics Startup Rhoda Valued at $1.7 Billion in New Funding
Bloomberg

A new AI startup is betting that it has found a powerful data source to teach robots to do more valuable work: online videos. Rhoda AI has raised $450 million in funding to develop and deploy a new artificial intelligence model trained on millions…

futurism.com - Frank Landymore - FCC Deciding Whether to Allow Startup to Launch Huge Mirror Satellite to Blast Sunlight on Cities at Nighttime
FCC Deciding Whether to Allow Startup to Launch Huge Mirror Satellite to Blast Sunlight on Cities at Nighttime
Futurism

Can't-miss innovations from the bleeding edge of science and tech The US Federal Communication Commission is reviewing an application to launch and deploy a massive mirror satellite in space that would reflect beams of sunlight onto darkened…

engadget.com - Steve Dent - FAA opens up real world testing for air taxi startups
FAA opens up real world testing for air taxi startups
Engadget

US regulators have approved eight pilot programs across 26 states that will allow Archer, Joby and other eVTOL companies to finally start testing aircraft this summer, according to a US Department of Transportation (DoT) press release. That will…

businessinsider.com - Sydney Bradley - This startup thinks AI can help couples spice up the bedroom. Read its pitch deck.
This startup thinks AI can help couples spice up the bedroom. Read its pitch deck.
Business Insider

Offer Yehudai doesn't want you to fall in love with an AI bot. He wants couples to use Arya — the relationship wellness AI startup he cofounded — to spice up their in-real-life intimacy. 'There is still taboo and stigma around…

techradar.com - Desire Athow - Listeners rated a Chinese startup's AI voices the most trustworthy
Listeners rated a Chinese startup's AI voices the most trustworthy
TechRadar

A new global study suggests people stop trusting AI voices the moment they realize the voice isn't human, which creates a big problem for companies that use synthetic voices in customer service and other public-facing systems. The research was…

space.com - Mike Wall - The future of the space economy': Colorado startup Lux Aeterna raises $10 million to develop reusable satellites
The future of the space economy': Colorado startup Lux Aeterna raises $10 million to develop reusable satellites
Space

Breaking space news, the latest updates on rocket launches, skywatching events and more! Contact me with news and offers from other Future brands Receive email from us on behalf of our trusted partners or sponsors Lux Aeterna just got some more…

newscientist.com - Alex Wilkins - Startup is building the first data centre to use human brain cells
Startup is building the first data centre to use human brain cells
New Scientist

Data centres use huge amounts of energy and chips are in high demand – could brain cells be the answer? Australia-based start-up Cortical Labs has announced it is building two “biological” data centres in Melbourne and…

mainebiz.biz - Renee Cordes - Portland startup ties its future to crop twine with a twist
Portland startup ties its future to crop twine with a twist
Mainebiz

Viable Gear, a Portland-based startup launched in 2021 to help rid the world of single-use plastics, is gearing up to bring its first product to market — a seaweed-based agricultural twine called SeaTwine. Designed as an eco-friendly…

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