Startup

Indian startup makes a Google competitor, co-founder Vinci Mathews explains why Nofrills AI is a hybrid of a search engine and an AI chatbot (indianexpress.com)
2024-8-22 India Google Startup AI chatbot

Since 2023, Chinese investors, including Alibaba and Tencent, have valued 6+ China-based startups developing LLMs, dubbed “Little AI Dragons”, at $1B+ each (www.wsj.com)
2024-8-21 China Alibaba Startup AI Tencent

Chinese government data: China is unleashing billions in lending to tech startups using intellectual property as collateral, up 57% YoY to ~$58.8B in H1 2024 (t.co)
2024-8-21 China Startup

Letter to investors: Bolt is finalizing a $450M Series F valuing the startup at $14B but with harsh terms for existing investors; Ryan Breslow to return as CEO (www.theinformation.com)
2024-8-21 Startup

Fabric Cryptography, a startup working on a “verifiable processing unit” chip for cryptography, raised a $33M Series A co-led by Blockchain Capital and 1kx (www.coindesk.com)
2024-8-20 Blockchain Startup

Carta: 254 of its VC-backed clients went bust in Q1 2024 and the startup bankruptcy rate is over 7x that of 2019, as funds raised in the 2021-2022 boom run out (t.co)
2024-8-19 Startup

Former Google Researcher's Startup Hopes to Teach AI How to Smell (slashdot.org)
2024-8-19 Google Startup AI

Ex-Google CEO Says Successful AI Startups Can Steal IP and Hire Lawyers To 'Clean Up the Mess' (tech.slashdot.org)
2024-8-17 Google Startup AI

Israeli stock research service TipRanks says investment firm Prytek bought 40% of the startup for $80M, giving Prytek an 80% stake; TipRanks has raised $102M (www.calcalistech.com)
2024-8-15 Israel Startup

A profile of Chinese self-driving startup WeRide, which is set for a US IPO as soon as this week; PitchBook: WeRide has raised $1.4B and was last valued at ~$5B (www.nytimes.com)
2024-8-15 China IPO Startup

President Biden hosts the first White House Creator Economy Conference, with about 100 startup founders, industry stakeholders, and creators in attendance (techcrunch.com)
2024-8-15 Startup

SAG-AFTRA strikes a deal with Narrativ for voice replicas in digital ads, letting union members add themselves to the AI startup's database and negotiate fees (variety.com)
2024-8-15 Database Startup AI

Chinese self-driving startup WeRide gets permission to test its robotaxis with passengers in California after testing without passengers in San Jose since 2021 (techcrunch.com)
2024-8-14 China Startup California

Balderton Capital raised $1.3B for EU startups across two funds: a $615M early-stage fund and a $685M fund for “growth” investing in more mature startups (t.co)
2024-8-12 Startup

Balderton Capital raises $1.3B for EU startups across two funds: a $615M early-stage fund and a $685M fund for “growth” investing in more mature startups (www.ft.com)
2024-8-12 Startup

Flux, an open-source AI image generator from the startup Black Forest Labs, goes viral for creating ultra-realistic images of people (www.tomsguide.com)
2024-8-11 Startup AI

UK Regulator To Examine $4 Billion Amazon Investment In AI Startup Anthropic (news.slashdot.org)
2024-8-9 Amazon Startup AI

Sources: Opal, previously Opal Camera, which makes $300 webcams, raised a $60M Series B led by OpenAI Startup Fund and plans to make new OpenAI-powered devices (www.theinformation.com)
2024-8-8 Startup

Seattle-based industrial analytics startup Seeq raised a $50M Series D led by Sixth Street Growth, bringing its total raised to ~$165M (www.geekwire.com)
2024-8-7 Startup Seattle

How Google's Character.AI deal, which sources say had a $2B licensing fee, and other Big Tech AI deals show startups are seeking bailouts after raising billions (www.wsj.com)
2024-8-6 Google Startup AI

Sources: Chinese generative AI startup Moonshot raised $300M+ at a $3.3B valuation from Tencent, Alibaba, and others, after raising $1B in February 2024 (www.bloomberg.com)
2024-8-5 China Alibaba Startup AI Tencent

AI chip startup Groq raised a $640M Series D led by BlackRock at a $2.8B valuation, up from $1B after raising $300M in 2021, and adds an Intel executive as COO (www.bloomberg.com)
2024-8-5 Intel Startup AI

Google hires top talent from startup Character.AI, signs licensing deal (indianexpress.com)
2024-8-3 Google Startup AI

Court filings: AI startups Suno and Udio respond to copyright lawsuits from major music labels, saying their use of proprietary music to train AI is fair use (www.billboard.com)
2024-8-2 Startup AI

AI Startup Suno Says Music Industry Suit Aims to Stifle Competition (tech.slashdot.org)
2024-8-2 Startup AI

Analysis: Indian startup VC funding has dwindled, depriving India of capital needed to grow its economy, as the valuation of top companies like Byju's implodes (www.bloomberg.com)
2024-8-1 India Startup

Startup Friend previews a $99 AI pendant with an always-on microphone that's designed to provide the wearer with companionship, set to ship in January 2025 (www.wired.com)
2024-7-31 Startup AI

Lineaje, a software supply chain management startup, raised a $20M Series A co-led by Prosperity7 Ventures, Neotribe Ventures, and Hitachi (siliconangle.com)
2024-7-31 Startup

Riyadh- and London-based AI startup Intelmatix raised a $20M Series A led by Shorooq Partners, the largest Series A investment for an AI firm in the MENA region (www.bloomberg.com)
2024-7-30 Startup AI London

California DMV granted Nuro approval to test its third-gen R3 autonomous delivery vehicle in four Bay Area cities, a boost for the startup after some setbacks (techcrunch.com)
2024-7-28 Startup California

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