Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
This AI weather startup is out-forecasting government agencies
A new AI weather forecasting tool released today by the startup WindBorne Systems offers more frequent and accurate predictions on key variables than the world-leading system developed by European governments, thanks to advancements in how sensor…
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…
African Startup Spiro Raises $215 Million, Nearing Unicorn Value
African electric-mobility startup Spiro raised $215 million backed by European and African investors as it nears $1 billion in value, or so-called unicorn status, founder Gagan Gupta said. It will use the funds to expand its battery-swapping and…
Anthropic files for IPO before OpenAI as trillion-dollar startups race to go public
Artificial intelligence startup Anthropic said Monday it filed for an initial public stock offering, a surprise start to the race between it and OpenAI to be the next trillion-dollar AI startup to hit the public markets. The filing, which is…
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…
Anthropic files to go public as AI startups race to hit markets
Anthropic on Monday confidentially filed to go public, setting up a blockbuster market debut alongside other tech heavyweights. The startup behind popular chatbot Claude joins rival OpenAI and Elon Musk's SpaceX in planning for an IPO —…
This Startup Will Clean Your NYC Apartment for Free - As Long As You Allow Them To Do This One Thing
Want your New York City apartment cleaned for free? A startup will do the dirty work, provided you let them film the whole thing. It sounds creepy, but the company wants to train housekeeping robots. German startup MicroAGI is offering New York…
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