Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Lockheed Martin's Skunk quietly meets with Israeli defense-tech startups
Senior officials from Lockheed Martin's Skunk Works were in Israel last month, meeting with Israeli defense tech companies as well as senior defense officials in a trip organized by Lockheed Martin Israel. Skunk Works is Lockheed Martin's advanced…
AI Startup Runway Hits $200 Million in Annual Recurring Revenue
Runway AI Inc.'s annual recurring revenue hit $200 million in September, underscoring growing demand from companies using the startup's image- and video-generating software to make marketing materials and ads. The company's annual recurring…
This CEO says the best place to build a startup right now might be outside AI
Across Europe, the startup Lassie is a household name. It provides—you guessed it—pet insurance for dogs and cats in Germany, France, the U.K., and its home country of Sweden. Lassie is one of the fastest-growing tech companies in…
ONGC Chairman calls for greater focus on tech, innovation; commits to fund and support startups
India needs to prioritise its resources towards technologies that address the country's immediate and strategic energy requirements, said Arun Kumar Singh, Chairman & CEO, Oil and Natural Gas Corporation Limited (ONGC), on Tuesday (September 8…
AI coding startup Cognition raises $2B at $48B valuation as revenue nears $900M - SiliconANGLE
Artificial intelligence coding startup Cognition AI Inc. today announced that it has raised more than $2 billion in late-stage funding at a $48 billion valuation, nearly doubling the price investors put on the company in its last round. Before this…
Indian startup GalaxEye secures US patent for OptoSAR imaging technology
Indian space technology startup GalaxEye announced on Tuesday that it has been granted a US patent for the core technology behind its OptoSAR imaging system. This system integrates optical and synthetic aperture radar (SAR) sensors to capture Earth…
Google DeepMind alumni are building tools to accelerate fusion power for the grid
Sometimes founders search high and low for the right startup idea, while other times it comes to them. Federico Felici and Jonas Buchli are two of the lucky ones. Over and over again, they heard the same thing from fusion companies: “We…
Sergey Brin is gaining power over Google's AI future from an unlikely command center
Google's AI destiny is being cooked up in a California kitchen. On the second floor of Gradient Canopy, a tent-like structure that rises east of Google's Mountain View headquarters, is a microkitchen filled with many of the typical fixings: coffee…
Startup Credits Look Great Until You Read the Fine Print
Startup credits are one of those things that sound amazing when you first hear about them. A cloud provider offers thousands of dollars in infrastructure. An AI company offers API credits. A marketing platform promises free ad spend. For a small…
Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market
Cognition, the startup developing coding assistant Devin, announced it raised $2 billion at a $48 billion valuation. The round, which comes just four months after Cognition's previous fundraise at a $26 billion valuation, was led by Andreessen…
Target's Turnaround Is Shaping Up Nicely, But The Rising Valuation Forces A Downgrade
Target has executed a solid turnaround, with value-focused pricing, store remodels, and improved private-label offerings driving recent outperformance. I now rate TGT as a hold, citing slightly rich valuation metrics and mounting macroeconomic…
John Wiley & Sons Earnings: Be Careful Not To Overplay The AI Angle (NYSE:WLY)
John Wiley & Sons, Inc. remains rated Hold, reflecting ongoing pressure in college textbooks and slowing AI revenue growth. WLY's strategic pivot toward research publishing and AI licensing offers long-term promise, but near-term revenue trends…
An Ex-SpaceX Engineer on Elon Musk, Starship, and Building a $1B-Valued Startup (Scott Morton, Founder & CEO of Revel)
An Ex-SpaceX Engineer on Elon Musk, Starship, and Building a $1B-Valued Startup (Scott Morton, Founder & CEO of Revel) Current time: 0:00 / Total time: -57:20 Audio playback is not supported on your browser. Please upgrade. Scott Morton shares why…
COPX: Mind The Fed, But I Might Buy The Next Dip (NYSEARCA:COPX)
Global X Copper Miners ETF remains a hold amid recent copper price surges and operational supply disruptions. A Fed rate hike could slow AI data center and broader construction activity, potentially weighing on copper demand and COPX performance.
Trump Signs Orders to Ban Some Canadian Products From U.S. Market
President Trump on Tuesday signed orders to ban the importation of many dairy products, alcoholic beverages and motorcycles from Canada in three weeks—a retaliation for Canadian tariffs that took effect earlier the same day. Trump also…
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