Startup Industry News
A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Exclusive: Hyperscale Power is the latest startup to challenge 140-year-old transformer tech
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…
AI network startup Eridu emerges from stealth with hefty $200M Series A
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…
Yann LeCun's startup has a new CEO - and $1 billion
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…
Swedish Legal Tech Startup Legora Triples Valuation To $5.55B With $550M Series D Led By Accel
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…
AI Robotics Startup Rhoda Valued at $1.7 Billion in New Funding
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…
FAA opens up real world testing for air taxi startups
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…
This startup thinks AI can help couples spice up the bedroom. Read its pitch deck.
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…
Free housing, offices, and up to $720,000 subsidies: Chinese cities go all in on OpenClaw startups
Free housing. Discounted office space. Cash subsidies worth up to $720,000. These are some of the perks local governments in China would offer to lure startups and developers building on OpenClaw. In the high-tech zone of Wuxi in Eastern China…
The future of the space economy': Colorado startup Lux Aeterna raises $10 million to develop reusable satellites
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…
Startup is building the first data centre to use human brain cells
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…
Former Google AI researcher sets up AI robotics startup in Tokyo
A Silicon Valley-born AI startup is turning to Japan to prove AI can reshape one of the world's largest industrial robot supply chains. Integral AI Inc, a five-year-old company founded by former Google researchers Jad Tarifi and Nima Asgharbeygi…
Portland startup ties its future to crop twine with a twist
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…
Swedish legaltech Legora hits $5 billion valuation as investors pile money into European AI startups
Swedish legaltech Legora has raised $550 million at a $5.55 billion valuation in a Series D round. It's the company's third raise in the past year. The announcement comes on the back of a bumper start to the week for European AI companies. Swedish…
OpenAI to buy cybersecurity startup Promptfoo to better safeguard AI agents
OpenAI is acquiring cybersecurity startup Promptfoo. Promptfoo's team will join Sam Altman-led OpenAI, and its technology will be integrated into the Frontier platform for AI agents. Promptfoo announced a Series A financing round in July that was…
Wall Street Lunch: Ex-Meta AI Chief LeCun's Startup AMI Secures $1B (undefined:META)
Listen below or on the go on Apple Podcasts and Spotify AI startup Advanced Machine Intelligence also names its CEO. (0:15) Anthropic warns Pentagon blacklist could slash revenue by billions. (1:04) Bill Ackman's fund files for IPO on NYSE. (2:49)…
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