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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
UK startup Arrival’s unique ‘microfactory’ produces its first electric van
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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
UK startup Arrival’s unique ‘microfactory’ produces its first electric van
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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/
Musk's xAI to enable chatbot Grok for all premium subscribers of X
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.
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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 trading suspended by NYSE
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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/
Fisker pauses production with just $121 million in the bank
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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/
Neuralink shows first brain-chip patient playing online chess
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.
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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/
Microsoft agreed to pay Inflection $650 mln while hiring its staff ...
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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/
Japan's Space One rocket explodes
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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/
Stability AI CEO resigns because you’re ‘not going to beat 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.
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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/
Hypersonic weapon startup Castelion has first prototype missile test
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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
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.
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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/
Tohoku University startup opens path to waste oil recycling
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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/
Meet Uzbekistan’s first unicorn: e-commerce startup Uzum
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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
FTX estate selling majority stake in AI startup Anthropic for $884 million ...
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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/
Adam Neumann bids over $500 million to buy back WeWork, source says
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.
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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/
Trump’s 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.
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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
Amazon (AMZN) Invests Additional $2.75 Billion in 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/
TechCrunch Disrupt 2024 | TechCrunch
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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/
Stability AI Founder Emad Mostaque Plans To Resign As CEO, Sources Say
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.
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Amazon said it has invested an additional $2.75 billion in the artificial-intelligence startup Anthropic, a major investment from a tech giant looking to ... Show more
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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/
Canva acquires Affinity, marking the startup's biggest acquisition to ...
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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
Oil-rich Saudi Arabia is investing more in EV startup Lucid to cash in on ...
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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
Some VCs are over the Sam Altman hype
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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
Bill Gates-backed startup races ahead on green steel
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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/
Tiny Corp Offers AMD & NVIDIA Powered AI Systems Starting At $15K ...
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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
Zomato CEO Deepinder Goyal warns startup founders: Adapt, innovate or ...
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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
John Pasmore tries to make AI less biased. Just don't call it BlackGPT
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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
Electron Unveils Design Change, Shifts To Private Market | Aviation Week ...
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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
ValidMind, which helps banks with AI risk, used this deck to raise $8M
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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
Unfinished 3D-printed home to resume construction in North Houston
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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
Tech Latest: Southeast Asia's startups weather funding winter
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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
See 'baby boom' jet used to test the world's next supersonic airliner
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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
Trade Republic vs. N26: The duel of the German fintech giants
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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
Health care with the self-test
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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
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/
EXCLUSIVE: New York Fashion Tech Lab Unveils Its 2024 Cohort of Women-led ...
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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
900.care secures $22.7 million for its refillable products
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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
Founders of Companies Worth Over a Billion Dollars Have These Simple ...
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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
A rising AI star has taken the stock market by storm — another sign of an ...
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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
Fisker Says Talks With Automaker Have Ended
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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
Here's how Cherish Health raised $26 million without venture capital
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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/
More DALI stores soon? Discount grocery chain gets fresh $25-M investment
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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
FieldGuide bets AI can help fix accountant shortage