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…
Seoul hospital to promote biotech startups at BIO 2026
June 16 (Asia Today) -- Seoul National University Hospital will operate its first independent booth at the BIO International Convention, using the world's largest biotechnology industry gathering as a platform to help five South Korean startups…
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…
SpaceX Buys Cursor In Largest Startup Acquisition Ever At $60 Billion
SpaceX just executed the largest acquisition of a venture-backed startup in history, exercising its option to buy Cursor parent Anysphere for $60 billion in an all-stock deal that pulls a rocket company straight into the center of the AI coding…
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…
One of legal's hottest startups is helping lawyers finally answer: Is the AI's work any good?
Legal technology wants its vibe-coding moment. But first, it has to prove the tools can think like a lawyer. Taking up the task is Crosby, a startup-meets-law-firm that sells basic legal services to companies, including Cursor and Rogo. On…
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…
Australian Predictive Healthcare Startup Raises $46 Million
SYDNEY—An Australian startup that says its AI-enabled platform can detect and prevent health issues before they become serious has raised $46 million from private-equity investors as it looks to expand internationally. Everlab's platform…
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…
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 purchases Bay Area AI coding startup for $60 billion
Days after SpaceX's massive initial public offering, which made CEO Elon Musk the world's first trillionaire, the company announced Tuesday it was purchasing Bay Area artificial intelligence startup Cursor for $60 billion. The move has been…
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…
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