Start-Up

Nvidia Invests In Japan Start-Up Sakana AI

AI chip giant Nvidia invests in start-up Sakana AI in funding round that takes company to over $1bn valuation

4 days ago

Revolut Valued At $45 Billion, More Than Barclays, NatWest

Secondary share sale sees UK's Revolut now worth more than Barclays, NatWest and other large European banks

3 weeks ago

Google Hires Character.AI Staff, Licenses Tech

Character.AI co-founders Noam Shazeer, Daniel De Freitas to return to Google along with other researchers in latest AI 'acqui-hire'

1 month ago

Revolut Gains UK Banking Licence

After three years of trying, fintech start-up Revolut finally recieves a UK banking licence, but with some restrictions from regulator

2 months ago

Troubled EV Maker Rivian Lays Out Path To Profitability

At first-ever investor day EV maker Rivian lays out profitability plans after $5bn deal with VW offers it financial lifeline

2 months ago

China-Linked Shein Faces Uphill Battle For IPO In US Or UK

China-founded fast-fashion company Shein faces political resistance in search for IPO venue, as major investors grow impatient

3 months ago

OpenAI Co-Founder Ilya Sutskever To Start New AI Firm

Ilya Sutskever is creating a new AI firm, as part of his stated intention for a project that ‘personally meaningful’…

3 months ago

WeWork Emerges From Bankruptcy Protection

WeWork, once valued privately at $47bn and seen as future of workplace, emerges from bankruptcy protection in US

3 months ago

Saudi Fund Invests In China’s Biggest AI Start-Up

Saudi Arabian investment fund Prosperity7 reportedly contributes to funding round for China's Zhipu AI as US tries to keep allies…

3 months ago

Elon Musk’s xAI In $6bn Funding Round Valuing It At $24bn

Elon Musk artificial intelligence start-up xAI concludes $6bn funding round valuing it at $24bn in coming weeks amidst heavy competition

4 months ago

Microsoft Invests 4 Billion Euros In France For AI, Cloud

Global spending spree from Microsoft continues, with huge investment for new data centre to drive AI and skills in France

4 months ago

Shares In Chinese EV Firm Zeekr Soar On Debut

EV maker Zeekr, controlled by car giant Geely, valued at nearly $7bn as investors heartened by surging sales

4 months ago

Trump Media Warns Of ‘Potential Market Manipulation’

Shares in Trump social media platform owner rise after chief executive warns of 'naked' short sellers trying to manipulate stock…

5 months ago

Trump Media Shares Buckle Over Secondary Offering Plans

Shares in Donald Trump's social media company Trump Media plummet on Monday after company announces plans to issue millions more…

5 months ago

Telegram Reaches 900m Users, Nears Profitability

Encrypted messaging app Telegram reaches 900 million users, nears profitability as secretive company considers IPO

6 months ago

Reddit Seeks Valuation Up To $6.4bn In NYSE Listing

Social media platform Reddit seeks valuation of up to $6.4 billion in NYSE listing, as users express concern about investor…

6 months ago

Reddit Looks For $6.5bn Valuation In NYSE IPO

Social media platform Reddit looks for $6.5bn IPO valuation, significantly down from $10bn value in 2021 private funding funding round

6 months ago

First Neuralink Patient ‘Controls Mouse With Thoughts’

First human recipient of Neuralink brain implant can 'control a computer mouse with their thoughts', as company begins trials

7 months ago

UK EV Maker Arrival Collapses Into Administration

British electric vehicle start-up Arrival enters administration three years after being valued at $15bn, with 170 jobs at risk

7 months ago

Crypto Firm HashKey Attains Unicorn Status With $100m Funding Round

Hong Kong-based crypto firm HashKey Group attains valuation greater than $1bn after $100m funding round, in sign of digital asset…

8 months ago

Jack Ma-Backed Seafood Start-Up Begins Online Sales

Jack Ma-backed start-up 1.8 Meters Marine Technology begins selling seafood in stores and online as billionaire finds post-retirement focus

9 months ago

Elon Musk’s xAI Seeks To Raise $1 Billion In Equity

AI startup xAI, founded by one of the richest men in the world Elon Musk, seeks to raise up to…

9 months ago

OpenAI’s Altman Courted Investors For AI Chip, Device

In weeks before his shock ouster from OpenAI Altman was reportedly looking to raise billions for an AI chip start-up…

10 months ago

Bumble Chief Whitney Wolfe Herd To Step Down

Whitney Wolfe Herd, chief executive and founder of women-first dating app Bumble, to step down after nearly 10 years

10 months ago

WeWork Files For Bankruptcy Protection In US

WeWork, once valued privately at $47bn and seen as future of workplace, files for bankruptcy in US amidst heavy losses

10 months ago

Chinese AI Start-Up Achieves $1bn Valuation In Eight Months

Beijing-based AI start-up 01.AI, founded by computer scientist Kai-Fu Lee, valued at more than $1bn less than eight months after…

10 months ago

Space Start-Up Investment Sees Third-Quarter Growth

Investment in space start-ups sees growth in third quarter for first time in more than a year as investors look…

11 months ago

AMD To Buy AI Startup As Nvidia Battle Heats Up

US chipmaker AMD is to acquire startup Nod.ai for undisclosed amount, as AI competition against rival Nvidia ramps up

11 months ago

Instacart Reports Revenue Surge Ahead Of IPO

US grocery delivery firm Instacart reports 31 percent revenue surge ahead of delayed offering, as investors look for IPO recovery

1 year ago
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