Startup funding rounds, valuation milestones, and venture capital market activity.
SpaceX rival launches rocket in historic first, says industry is 'desperate' for more
Isar Aerospace successfully reached orbit on its second test flight, marking a turning point for the German rocket startup in a landscape hungry for l…
Data centers in space: Four big obstacles and Elon Musk's ambitious timeline
# Data Centers in Space Face Steep Technical and Economic Hurdles, Despite Musk's Timeline Elon Musk has positioned SpaceX's Starlink satellite const…
Kenyans Made a Living Writing College Essays. Then A.I. Arrived.
# AI Reshapes Global Gig Work: Kenya's Essay-Writing Economy Faces Extinction Artificial intelligence has obliterated an entire category of remote wo…
OpenAI's ad business shows blistering growth, hits $1 billion annualized revenue run rate
OpenAI has achieved a $1 billion annualized revenue run rate from its advertising business, demonstrating rapid monetization of its flagship ChatGPT p…
U.S. Start-Up and Saudi Arabia Form Data Center Partnership
Together AI, a startup specializing in open-source artificial intelligence infrastructure, has forged a partnership with Humain, a Saudi Arabian compu…
Help Wanted: ‘Forward-Deployed’ Humans for the A.I. Era
Start-ups building artificial intelligence tools are rebranding customer support roles as "forward-deployed" positions, borrowing military terminology…
OpenAI rolls out ads on select ChatGPT plans in India to boost monetization, support wider access
OpenAI is inserting advertisements into ChatGPT for free users and subscribers paying 399 rupees monthly (approximately $4) on its "Go" plan tier in I…
The U.S. Start-Up Making Low-Cost Interceptors for the Iran War
Powerus, a Florida-based defense startup, has emerged as a manufacturer of low-cost drone interceptor technology amid escalating Middle Eastern confli…
38-year-old runs a mobile pizzeria out of his Smart car in New York City: It's 'like a circus or a magic act'
Bradley Alvelo took a deliberately absurd premise and built a functioning business from it. At 38 years old, Alvelo operates Pizza Pod, a mobile pizze…
Sick of Constant Pings, They’re Sending Texts at the Speed of Carrier Pigeon
# Slow Messaging Apps Offer Digital Detox, But Not All Use Cases Work A countercultural shift is sweeping through mobile messaging. Users exhausted b…
Anthropic IPO filing will show AI backlash as a risk factor, sources say
Anthropic's upcoming initial public offering will lay bare the regulatory and public sentiment headwinds facing the artificial intelligence industry. …
China Evergrande founder sentenced to life imprisonment, CCTV reports
China's Evergrande Group founder Hui Ka Yan received a life sentence for fraud, embezzlement, and illegal fundraising, state broadcaster CCTV reported…
Europe Hurries to Fund More Cutting-Edge Businesses to Compete With China and U.S.
European governments are mobilizing aggressive funding campaigns to close a $1 trillion investment gap separating the continent from the United States…
China’s backflipping robot maker Unitree pops 542% in Shanghai debut
Unitree Robotics staged a dramatic market debut on the Shanghai Stock Exchange, with shares surging 542% on their opening day. The Chinese robotics ma…
EIS: Technology, Defense And Reasonable Valuation
# Technology and Defense Stocks Find Value as Market Reprices Risk The Emerging Issues Survey (EIS) identifies a compelling opportunity in technology…
Robinhood Bets Again on a Public Venture Capital Fund
Robinhood Markets has launched a second publicly traded venture capital fund, raising $200 million to expand retail investor access to private startup…
OpenAI talent exodus raises 'huge red flag' ahead of IPO
OpenAI faces mounting leadership departures that have triggered investor warnings ahead of its planned initial public offering. The company's C-suite …
Lawsuit Accuses Selena Gomez of Defrauding Investors in Mental Health Site
Selena Gomez faces a fraud lawsuit over Wondermind, the mental health platform she founded with her mother. Investors claiming losses of more than $1 …