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UK startup Arrival’s unique ‘microfactory’ produces its first electric van: Arrival, an electric vehicle startup based in the UK, said it has made its first ...
theverge.com/2022/9/30/23380260/arrival-electric-van-production-microfactory-cash-raise
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UK startup Arrival’s unique ‘microfactory’ produces its first electric van: Arrival, an electric vehicle startup based in the UK, said it has made its first ...
theverge.com/2022/9/30/23380260/arrival-electric-van-production-microfactory-cash-raise
Bankrupt EV startup Arrival sold its assets to Canoo: Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing ...
techcrunch.com/2024/03/25/bankrupt-ev-startup-arrival-sold-its-assets-to-canoo/
Musk's xAI to enable chatbot Grok for all premium subscribers of X: Elon Musk said on Tuesday artificial intelligence startup xAI's chatbot, Grok ...
reuters.com/technology/musks-xai-enable-chatbot-grok-all-premium-subscribers-x-2024-03-26/
Quick Glance: New Availability of Grok AI Announced for X Premium Subscribers
- Elon Musk has officially announced that Grok, the AI chatbot from Musk's xAI, is now accessible to all X Premium users. Previously, Grok was exclusively available to X Premium+ subscribers.
- In March of this year, xAI took a significant step by releasing Grok as an open-source project. This move enables developers and researchers to leverage the powerful 'weights and architecture' behind xAI's Grok chatbot for their projects at no cost.
- The release of Grok is under the Apache 2.0 license, allowing commercial use. Reports indicate that Grok is now available on GitHub, allowing anyone to freely experiment with the 'raw' basic version of the pre-trained Grok big language models.
- Grok, the 'conversational AI for understanding the universe,' was first introduced to the public at the end of 2023. The Grok chatbot can access real-time X data, which sets it apart from competitors, aiming to establish itself as a more modern and edgy alternative to other chatbots.
Blockchain startup Sei Labs creates an interesting solution to make Ethereum faster
techcrunch.com/2024/03/13/blockchain-startup-sei-labs-creates-an-interesting-solution-to-make-ethereum-faster/
Fisker trading suspended by NYSE: The exchange said Monday that Fisker's stock is "no longer suitable for listing" because of "abnormally ...
techcrunch.com/2024/03/25/fisker-trading-suspended-by-nyse/
Fisker pauses production with just $121 million in the bank: EV startup Fisker is pausing production of its electric Ocean SUV for six weeks as it scrambles for ...
techcrunch.com/2024/03/18/fisker-production-pause-going-concern-cash-raise/
Neuralink shows first brain-chip patient playing online chess: Elon Musk's brain-chip startup Neuralink livestreamed on Wednesday its first patient implanted ...
reuters.com/business/healthcare-pharmaceuticals/neuralink-shows-first-brain-chip-patient-playing-online-chess-2024-03-21/
Quick Glance: Neuralink showcases paralyzed individual playing chess on laptop
- Elon Musk's brain science startup, Neuralink, provided a glimpse into how a quadriplegic person is using its brain implant to control a computer.
- Neuralink's first human patient, Noland Arbaugh, paralyzed below his shoulders, plays chess and turns off the laptop's music solely with his thoughts.
- Neuralink is one of at least three companies that have evidence of a functioning brain implant, with others like Blackrock Neurotech and Synchron having a head start.
- Scientists have noted Neuralink's significant progress, although the company's clinical trial is in early stages with limited public information available.
Non-sexy industries can appeal to investors too: Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at some hot fintech startups ...
techcrunch.com/2024/03/24/non-sexy-industries-can-appeal-to-investors-too/
Microsoft agreed to pay Inflection $650 mln while hiring its staff, source says: Microsoft has agreed to pay Inflection about $650 million while hiring the AI ...
reuters.com/technology/microsoft-agreed-pay-inflection-650-mln-while-hiring-its-staff-information-2024-03-21/
Elon Musk says xAI will open-source Grok this week: Elon Musk’s AI startup xAI will open-source Grok, its chatbot rivaling ChatGPT, this week, he said ...
techcrunch.com/2024/03/11/elon-musk-says-xai-will-open-source-grok-this-week/
Quick Glance: Elon Musk to Open-Source Grok by xAI this Week
- Elon Musk announces that xAI will open-source Grok, its ChatGPT rival, this week.
- The Musk-OpenAI dispute has sparked a debate on open-source AI.
- The decision to open-source Grok will help xAI join the list of companies publishing their chatbot codes.
- Musk has been a long-time advocate for open-source, with Tesla and X also open-sourcing parts of their technologies.
Japan's Space One rocket explodes: Tokyo-based startup Space One failed to become Japan's first private firm to put a satellite into orbit on its own ...
www3.nhk.or.jp/nhkworld/en/news/ataglance/3011/
Stability AI CEO resigns because you’re ‘not going to beat centralized AI with more centralized AI’
techcrunch.com/2024/03/22/stability-ai-ceo-resigns-because-youre-not-going-to-beat-centralized-ai-with-more-centralized-ai/
Quick Glance: Stability AI CEO Resigns - Decentralized AI in Focus
- Emad Mostaque, founder and CEO of Stability AI, has stepped down to focus on decentralized AI, while the company has appointed interim co-CEOs.
- Mostaque emphasized that centralized AI cannot be beaten with more centralized AI, advocating for more transparent and distributed governance in the AI industry.
- His departure comes amid challenges at Stability AI, with high expenditures reported and struggles to secure new funding rounds.
- Mostaque's shift in focus towards revenue growth over time, aiming for cash flow positivity and emphasizing open models and enterprise adoption.
Hypersonic weapon startup Castelion has first prototype missile test: Castelion, a startup trying to build a hypersonic weapon for the Pentagon ...
reuters.com/business/aerospace-defense/hypersonic-weapon-startup-castelion-has-first-full-weapon-test-2024-03-11/
Over for ZF Ventures: The austerity measures in Friedrichshafen are claiming their next victim
manager-magazin.de/unternehmen/autoindustrie/zf-friedrichshafen-autozulieferer-hat-kein-geld-mehr-fuer-start-ups-a-610f2d0e-4c1d-4b11-b3a0-3ea599b5782c
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‘Banking as a Service’ startup Griffin raises $24M as it attains full banking license
techcrunch.com/2024/03/10/banking-as-a-service-startup-griffin-riases-24m-and-attains-full-banking-licence/
Japanese solid-fuelled rocket explodes shortly after launch: Tokyo-based startup Space One was aiming to become the first private Japanese firm to put a ...
aljazeera.com/news/2024/3/13/japanese-solid-fuelled-rocket-explodes-shortly-after-launch
Quick Glance: Rocket Explodes After Launch in Japan
- The Japanese company aimed to be the first private business in the country to put a satellite into orbit.
- The Kairos rocket exploded shortly after liftoff, causing a smoke plume and a forest fire nearby.
- Space One is investigating the incident, marking a setback for Japan's commercial space endeavors.
- The space transportation market is lucrative, with Space One planning to launch satellites using small rockets.
Why does every startup want to help you get paid?: Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at the piping hot global ...
techcrunch.com/2024/03/10/global-payroll-gets-more-competitive/
Tohoku University startup opens path to waste oil recycling: Its proprietary technology allows it to extract useful compounds from waste oil to produce biofuel ...
japantimes.co.jp/business/2024/03/18/companies/waste-oil-recycling-startup-sendai/
Meet Uzbekistan’s first unicorn: e-commerce startup Uzum: Uzum, an e-commerce startup offering online shopping, fintech and food deliveries to millions of ...
techcrunch.com/2024/03/25/uzbekistan-unicorn-uzum-series-a-funding/
FTX estate selling majority stake in AI startup Anthropic for $884 million, with bulk going to UAE
cnbc.com/2024/03/25/ftx-estate-sells-majority-stake-in-startup-anthropic-for-884-million.html
SydeLabs raises $2.5M seed to develop an intent-based firewall guard for AI: SydeLabs launched its red teaming solution, SydeBox, on March 1, 2024 ...
venturebeat.com/ai/sydelabs-raises-2-5m-seed-to-develop-an-intent-based-firewall-guard-for-ai/
Trump Media Is Now the Most Expensive US Stock to Bet Against: Betting against former president Donald Trump’s social media startup is one of the most difficult ...
bloomberg.com/news/articles/2024-03-26/trump-media-is-now-the-most-expensive-us-stock-to-bet-against
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Quick Glance: Trump's Truth Social Stock Surges Despite Company Losses
- Shares of Donald Trump's social media platform Truth Social have seen a significant increase in their first days of trading.
- Despite the company's lack of profit and meager quarterly revenue, it has been valued at over $8 billion.
- Experts suggest that the stock surge is driven more by Trump's political supporters than financial fundamentals.
- While the future of Truth Social remains uncertain in the competitive social media industry, it may serve as a platform for Trump's future media ventures.
Adam Neumann bids over $500 million to buy back WeWork, source says: It's not clear how Neumann is planning to line up financing for his bid ...
financialexpress.com/business/industry-adam-neumann-bids-over-500-million-to-buy-back-wework-source-says-3436508/
Quick Glance: Adam Neumann Makes Bid Exceeding $500 Million for WeWork: Report
- The Wall Street Journal reported that WeWork cofounder Adam Neumann submitted a bid of over $500 million to buy back the bankrupt company.
- Neumann is attempting to regain control of the bankrupt coworking company following efforts by him and his new real estate company Flow Global to repurchase WeWork.
- The financing of Neumann's $500 million bill was not immediately clear to individuals familiar with the situation.
- WeWork, once valued at $47 billion, filed for Chapter 11 bankruptcy in November 2023, with Neumann seeking a path back to the company since.
AI is a data problem. Now Cyera is raising up to $300M on a $1.5B valuation, to secure it
techcrunch.com/2024/03/26/ai-security-cyera-startup-coatue/
Big Tech is swallowing up AI: Antitrust regulators are coming after tech giants. That hasn't stopped Apple, Amazon, and Microsoft from buying, investing in ...
qz.com/microsoft-apple-google-ai-consolidation-antitrust-scr-1851370263
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Trump’s Social Media Company Is Set to Trade Tuesday on Nasdaq: Former president Donald Trump’s social media startup is set to begin trading Tuesday after ...
dailymaverick.co.za/article/2024-03-25-trumps-social-media-company-is-set-to-trade-tuesday-on-nasdaq/
Quick Glance: Appeals Court Decision Reduces Trump's Bond in Fraud Case
- In the New York civil fraud case, it was determined that Donald Trump and his co-defendants now have 10 days to post a $175 million bond, compared to the original $464 million.
- The late ruling from a panel of state Appellate Division judges, all appointed by Democratic governors, represents a significant victory and relief for the former president.
- Trump's legal team had previously stated that obtaining the larger bond was practically impossible. The court's decision also temporarily prevents the New York Attorney General's office from enforcing the judgment.
- Additionally, the court imposed a stay on the part of the initial judgment that restricted Trump from acting as a public officer of a company, as well as prohibitions on other individuals, although not all of Trump's requests were granted.
Amazon's $4 billion investment in AI startup Anthropic is its biggest ever: Amazon initially invested $1.25 billion in September, and said Wednesday it is ...
qz.com/amazon-anthropic-investment-ai-1851369950
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Trump Media (DJT) Shares Climb 16% to $7.9 Billion Post-SPAC Deal Valuation: Former president Donald Trump’s social media startup gained 16% in its first trading ...
bloomberg.com/news/articles/2024-03-26/trump-social-media-firm-gains-20-ahead-of-post-spac-deal-debut
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Quick Glance: Social Media Stocks Surge Beyond Trump Media
- Donald Trump's social media company is not the only one experiencing a surge in stock value - other social media companies are also on the rise.
- Trump Media began trading on the Nasdaq on Tuesday, becoming one of the few social media-first companies on the public market.
- While Meta's shares saw a slight dip, other social media companies like Reddit, Snap, and Pinterest have seen an increase, with Trump Media gaining 16% on its first trading day.
- Despite the current success of Trump Media and Reddit, cautionary tales from previous social media offerings like Snap and Pinterest warn of potential risks as their stock prices remain below their peak levels.
Amazon (AMZN) Invests Additional $2.75 Billion in Anthropic: Amazon.com Inc. says it’s investing an additional $2.75 billion in Anthropic ...
bloomberg.com/news/articles/2024-03-27/amazon-invests-additional-2-75-billion-in-ai-startup-anthropic
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TechCrunch Disrupt 2024 | TechCrunch: Disrupt, where innovation meets opportunity. Join us on October 28-30 in San Francisco for an unforgettable startup ...
techcrunch.com/events/tc-disrupt-2024/
Stability AI Founder Emad Mostaque Plans To Resign As CEO, Sources Say: Mostaque has told a number of people close to him that he plans to step down as chief ...
forbes.com/sites/kenrickcai/2024/03/22/stability-ai-founder-emad-mostaque-plans-to-resign-as-ceo-sources-say/
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Quick Glance: UN adopts groundbreaking global AI resolution
- The resolution underscores the need for guidelines for safe, trustworthy AI systems and excludes military AI.
- It promotes the positive potentials of AI, calls for bridging digital divides and ensuring equitable access to achieve UN Sustainable Development Goals.
- The resolution was a step forward to address the promises and risks of AI, aiming to support developing countries.
- Concerns regarding negative impacts of AI on human rights and data protection are highlighted, emphasizing the need for responsible regulation of the technology.
We need more Adanis, Ambanis, Marutis for India to grow: Amitabh Kant: Business Standard Manthan: Amitabh Kant discusses India's role in G20 and path to becoming ...
business-standard.com/specials/bs-events/we-need-more-adanis-ambanis-marutis-for-india-to-grow-amitabh-kant-124032800653_1.html
Canva acquires Affinity, marking the startup's biggest acquisition to date: Canva has made its biggest acquisition till date and acquired Affinity suite of ...
neowin.net/news/canva-acquires-affinity-marking-the-startups-biggest-acquisition-to-date/
Oil-rich Saudi Arabia is investing more in EV startup Lucid to cash in on 'cleaner' cars
qz.com/saudi-arabia-lucid-motor-ev-auto-oil-1851363819
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Some VCs are over the Sam Altman hype: In some corners of Silicon Valley, the meteoric rise of OpenAI and Sam Altman has given way to an inevitable backlash.
businessinsider.com/sam-altman-hype-openai-silicon-valley-venture-capital-2024-3
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Canadian Oil Flows to Los Angeles as Trans Mountain Start Nears: Canadian crude shipments to Los Angeles are surging, a possible preview of how an expanded ...
bloomberg.com/news/articles/2024-03-27/canadian-oil-flows-to-los-angeles-as-trans-mountain-start-nears
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Bill Gates-backed startup races ahead on green steel: Bill Gates-backed startup Electra says it can now make emissions-free iron without melting ore on ...
bloomberg.com/news/features/2024-03-27/gates-backed-startup-pilots-green-steel-process-plans-factory
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IIT Madras signs MoU with Starburst Accelerator to set up €100 million start-up hub
indianexpress.com/article/education/iit-madras-mou-starburst-accelerator-100-million-euro-start-up-hub-9233942/
The Next Generation of Cancer Drugs Will Be Made in Space: Injectable immunotherapy drugs can be made, in theory, but gravity prevents them from crystallizing ...
wired.com/story/the-next-generation-of-cancer-drugs-will-be-made-in-space-bioorbit-katie-king/
Tiny Corp Offers AMD & NVIDIA Powered AI Systems Starting At $15K, Says If You Want “It Just …
wccftech.com/tiny-corp-amd-nvidia-ai-systems-starting-15k-usd-if-you-want-it-just-works-buy-green/
Musk's xAI to launch improved version of chatbot: Elon Musk's artificial intelligence startup xAI said on Thursday it will launch an enhanced version of its ...
reuters.com/technology/musks-xai-launch-improved-version-chatbot-2024-03-29/
Zomato CEO Deepinder Goyal warns startup founders: Adapt, innovate or perish: Deepinder Goyal emphasized that it is important for businesses to disrupt processes ...
hindustantimes.com/business/zomato-ceo-deepinder-goyals-warns-startup-founders-adapt-innovate-or-perish-101711522711065.html
John Pasmore tries to make AI less biased. Just don't call it BlackGPT: His startup, Latimer, is backed by Esther Dyson and is weaving Black data into AI model ...
businessinsider.com/john-pasmore-latimer-ai-biased-blackgpt-2024-3
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Electron Unveils Design Change, Shifts To Private Market | Aviation Week Network: Dutch startup Electron Aerospace has unveiled an updated design for its ...
bit.ly/3xnudCn
ValidMind, which helps banks with AI risk, used this deck to raise $8M: A fintech automating parts of the risk-management process for AI models used this pitch ...
businessinsider.com/validmind-pitch-deck-fintech-ai-risk-startup-point72-ventures-2024-3
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Deepinder Goyal's Second Wife Grecia Munoz: Here's Everything We Know About The Mexican Model
indiatimes.com/entertainment/celebs/deepinder-goyals-second-wife-grecia-munoz-all-you-need-to-know-about-the-mexican-model-630574.html
Unfinished 3D-printed home to resume construction in North Houston: Although construction paused for several months, the first multi-story 3D printed home in the ...
houstonchronicle.com/business/real-estate/article/3d-printed-multi-story-home-houston-construction-19371729.php
Kids’ clothing and gear is more expensive than ever. Kidsy has a sustainable solution for discounts
techcrunch.com/2024/03/28/kidsy-is-a-startup-selling-liquidated-childrens-clothing-and-gear-like-a-tj-maxx-for-kids/
Why a16z-backed Wonderschool is acquiring EarlyDay: Wonderschool, a startup that provides software and support to help individuals and local governments spin up ...
techcrunch.com/2024/03/28/why-a16z-backed-wonderschool-is-acquiring-earlyday/
Nordensa secures €1.65M in new funding, supporting young footballers through its platform for backers
business-review.eu/business/sports/nordensa-secures-e1-65m-in-new-funding-supporting-young-footballers-through-its-platform-for-backers-258800
Europe wants startups to do AI with supercomputers: The idea is appealing on paper but fraught in practice
economist.com/business/2024/03/21/europe-wants-startups-to-do-ai-with-supercomputers
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Tech Latest: Southeast Asia's startups weather funding winter: Tech Latest by Nikkei Asia brings you the newest updates from Asia's technology industry ...
asia.nikkei.com/Spotlight/Podcast/Tech-Latest-Southeast-Asia-s-startups-weather-funding-winter
Furnished rental startup Blueground defies proptech woes with $560M in revenue, a new $45M raise
techcrunch.com/2024/03/28/furnished-rental-blueground-raises-45m/
See 'baby boom' jet used to test the world's next supersonic airliner: A Colorado startup's vision of the next supersonic passenger airliner is a Mach 1 ...
businessinsider.com/see-boom-jet-used-test-worlds-next-supersonic-airliner-2024-3
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Trade Republic vs. N26: The duel of the German fintech giants: N26 and Trade Republic are among Germany's most valuable start-ups. Now the digital bank and the ...
manager-magazin.de/unternehmen/banken/trade-republic-gegen-n26-wer-gewinnt-das-duell-der-deutschen-fintechgiganten-a-d7e5bff2-1539-40e4-aa2b-290ec583ebe8
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Health care with the self-test: Quickly see for yourself whether liver and kidney values are correct, the vitamin balance is in order ...
westfalen-blatt.de/owl/bielefeld/gesundheit-vorsorge-selbsttest-vivatura-apotheke-2946822
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This startup believes mobile apps for businesses should work more like consumer apps
techcrunch.com/2024/03/28/a-team-of-startup-veterans-is-building-a-suite-of-mobile-apps-for-businesses-that-work-like-consumer-apps/
India’s tribunal court allows Byju’s to proceed with crucial EGM: Byju’s secured favorable outcomes in two court hearings Thursday, paving the way for the ...
techcrunch.com/2024/03/28/indias-tribunal-court-allows-byjus-to-proceed-with-crucial-egm/
AI Chip Startups Like MatX Storm Silicon Valley: A new startup called MatX from former Google engineers reflects a renewed enthusiasm for chipmakers.
bloomberg.com/news/articles/2024-03-26/ai-chip-startups-like-matx-storm-silicon-valley
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EXCLUSIVE: New York Fashion Tech Lab Unveils Its 2024 Cohort of Women-led Retail Tech Start-ups
wwd.com/business-news/technology/exclusive-new-york-fashion-tech-lab-unveils-its-2024-cohort-1236286187/
StealthMole raises $7M Series A for its AI-powered dark web intelligence platform
techcrunch.com/2024/03/27/stealthmole-raises-7m-series-a-for-its-ai-powered-dark-web-intelligence-platform/
Accel earnestly rethinks early-stage startup investing in India: By any benchmark, Accel is among the top venture firms in India. With nearly two dozen Indian ...
techcrunch.com/2024/03/27/accel-earnestly-rethinks-early-stage-startup-investing-in-india/
900.care secures $22.7 million for its refillable products: The French startup wants to make refillable products the norm in the beauty and hygiene industry.
businessinsider.com/900-care-secures-22-7-million-for-its-refillable-products-2024-3
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How to make the perfect Easter loaf: the best tips from the "baking fairy" from Zwickau start-up eat.de
freiepresse.de/zwickau/zwickau/so-gelingt-der-perfekte-osterzopf-die-besten-tipps-der-backfee-vom-zwickauer-start-up-eat-de-artikel13307466
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Founders of Companies Worth Over a Billion Dollars Have These Simple Things in Common
entrepreneur.com/business-news/unicorn-founders-have-three-simple-things-in-common-study/471772
AI risk management startup ValidMind raises $8.1M to help banks comply with regulations
venturebeat.com/ai/ai-risk-management-startup-validmind-raises-8-1m-to-help-banks-comply-with-regulations/
A rising AI star has taken the stock market by storm — another sign of an IPO comeback
qz.com/astera-labs-ipo-ai-startup-reddit-1851364631
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Observe raises $115M from Sutter Hill, Snowflake Ventures to supercharge data cloud observability
venturebeat.com/data-infrastructure/observe-raises-115m-from-sutter-hill-snowflake-ventures-to-supercharge-data-cloud-observability/
Musical toy startup Playtime Engineering wants to simplify electronic music making for kids |...
tcrn.ch/3VAjcIc
Act fast — just 3 days remain to grab your TechCrunch Early Stage 2024 tickets: March 29 is the final day to grab your early-bird savings for TechCrunch Early ...
techcrunch.com/2024/03/27/act-fast-just-3-days-remain-to-grab-your-techcrunch-early-stage-2024-tickets/
AI fuels startup success: 86% of founders report positive impact, HubSpot finds: New HubSpot report finds 86% of startup founders say AI boosts go-to-market ...
venturebeat.com/ai/ai-fuels-startup-success-86-of-founders-report-positive-impact-hubspot-finds/
Fisker Says Talks With Automaker Have Ended: Fisker said its negotiations for a tie-up with a large automaker have broken down, heightening concerns about the EV ...
on.wsj.com/4auV7H4
Marissa Mayer’s startup just rolled out apps for group photo sharing and event planning, and the internet isn’t sure what to think
techcrunch.com/2024/03/27/marissa-mayers-startup-just-rolled-out-apps-for-group-photo-sharing-and-event-planning-and-the-internet-isnt-sure-what-to-think/
Here's how Cherish Health raised $26 million without venture capital: Home health startup Cherish Health raised $26 million without touching venture funding.
businessinsider.com/how-cherish-health-raised-26-million-without-venture-capital-2024-3
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PayPal backs Indonesian insurance startup Qoala in $47M funding: PayPal Ventures’ latest investment is in an Indonesian startup that provides personal insurance ...
techcrunch.com/2024/03/26/paypal-backs-indonesia-insurance-startup-qoala-in-47m-funding/
More DALI stores soon? Discount grocery chain gets fresh $25-M investment: Venturi Partners, which also invested in local startup Pickup Coffee ...
rappler.com/business/dali-discount-grocery-chain-gets-fresh-investment-venturi-partners/
Big Read: Why mega deals like Cubic are becoming a pipe dream for Irish start-ups
businesspost.ie/tech/big-read-why-mega-deals-like-cubic-are-becoming-a-pipe-dream-for-irish-start-ups/
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FieldGuide bets AI can help fix accountant shortage: Three-year-old startup Fieldguide raised $30 million in funding to further its goal of using AI to alleviate ...
accountingtoday.com/articles/three-year-old-startup-bets-ai-can-help-fix-accountant-shortage
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Euro-Area Productivity Suffers From Static Corporate Sector, Bundesbank Says
bloomberg.com/news/articles/2024-03-19/euro-area-productivity-suffers-from-static-corporate-sector-bundesbank-says
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