Ingrid Lunden
AI is well and truly off to the races: a startup that is only four weeks old has picked up a $113 million round of seed funding to compete against OpenAI in the building, training and application of large language models and generative AI.
Mistral AI, based out of...
Enterprises and marketplaces that need to take and make payments across multiple geographies and products have typically relied on mix-and-match bags of third party services patched together by teams of engineers with some of their own code.
But at best, these Dr Frankenstein creations can be buggy and still...
TikTok has upended how music is discovered, used and consumed these days; now, its long-term effort to build a business around that is getting a boost. The ByteDance-owned app today announced a search feature called “NewMusic,” which users can use to find new tracks, and artists can use...
Wingcopter, a startup out of Germany that has made a name for itself in the world of delivery drones used primarily for delivery of medicine and other goods to remote areas, has picked up some more financing to expand its business. The European Investment Bank is putting €40...
The surge of interest in e-sports, online fantasy leagues and more extensive online financial infrastructure have made the concept of real-money gaming more popular among consumers and games developers. Today a startup called Triumph — which has built an engine, and accompanying SDK, to power real-money tournaments —...
After raising $100 million at a valuation of over $2 billion last year, the Australian ed-tech startup Go1 is making an acquisition and getting some investment to expand its reach and technology to serve the market of corporate online learning.
First, it is snapping up Blinkist, a startup out...
After Google cut all but three of the projects at its in-house incubator Area 120 and shifted it to work on AI projects across Google, one of the legacy efforts — coincidentally also an AI project — is now officially exiting to Google. Checks, an AI-powered tool to...
Basketball can be played just about anywhere and by anyone in the world, thanks to a confluence of factors that lower a lot of barriers: ubiquitous hoops set up in parks, schools, driveways and backyards. You can play with one or many, and the only other equipment needed...
One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank and other subsidiaries, SVB Financial has taken the next inevitable step: Today it announced that it has formally filed for Chapter 11 bankruptcy protection in the U.S....
The automotive industry is starting to show some signs of recovery after a big contraction during the Covid-19 pandemic, and carmakers planning for the next five years are looking at what new features might help them eek out more sales. Envisics — a U.K. startup that designs holographic in-car...
