Meta's Yann LeCun to leave and start new AI venture
Originally Published 2 months ago — by Financial Times
Meta's chief AI scientist Yann LeCun plans to leave the company to start his own venture, signaling a significant move in the AI industry.
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UK Brain Monitoring Startup Secures $100M Funding
Originally Published 2 months ago — by Financial Times
A UK-based brain monitoring start-up has evolved from a teenage idea to securing $100 million in funding, highlighting significant growth and investor confidence in innovative health technology.
Bari Weiss Joins CBS News as Editor-in-Chief After Paramount Acquisition
Originally Published 3 months ago — by Financial Times
Bari Weiss has been appointed as the editor-in-chief of CBS News after Paramount acquired her start-up, marking a significant move in her journalism career.
Leading A.I. Experts Depart Tech Giants for New Startup
Originally Published 3 months ago — by The New York Times
Top AI researchers, including a co-creator of ChatGPT, have left major tech companies like OpenAI, Google, and Meta to establish a new start-up called Periodic Labs, which aims to advance AI for accelerating discoveries in physics, chemistry, and other sciences.
Modular raises $250M to compete with Nvidia in software
Originally Published 3 months ago — by Financial Times
Start-up Modular has raised $250 million to compete with Nvidia's dominance in software, signaling a significant move in the tech industry to challenge established players.
Meta accelerates AI development through partnerships with Midjourney and Google
Originally Published 4 months ago — by Financial Times
Meta is planning to license AI technology from a start-up as its in-house models lag behind competitors, highlighting its strategy to accelerate AI development through external partnerships.
Linda Yaccarino Named CEO of Telehealth Firm eMed
Originally Published 5 months ago — by Financial Times
Linda Yaccarino has been appointed as the chief executive of a telehealth start-up, marking a significant leadership change in the digital health industry.
Anthropic Nears $170 Billion Valuation in New Funding Round
Originally Published 5 months ago — by Financial Times
Iconiq is preparing to lead a $5 billion funding round for the AI start-up Anthropic, highlighting significant investor interest in artificial intelligence technologies.
"Doctolib Faces Challenges in International Expansion"
Originally Published 1 year ago — by BBC.com
French healthcare start-up Doctolib, known for its online appointment booking system, has struggled to replicate its domestic success in Germany due to the country's fragmented federal system and entrenched practice management systems. Despite these challenges, Doctolib is investing heavily to overcome barriers and capitalize on the significant market opportunity in Germany, driven by an aging population and doctor shortages. Lessons from Germany are being applied to other markets like Italy, with potential future expansion into the UK.
"3D Printed Bend Sensor Revolutionizes Filament Technology"
Originally Published 1 year ago — by Hackaday
PhD student Paul Bupe Jr. discovered a bend sensor using transparent 3D printer filament and electrical tape, which reduces light transmission when bent. By placing these sensors at regular intervals and measuring light transmission, he could detect a bend and digitally read its location. Bupe is now developing this discovery into a potential product, transitioning from academic research to a start-up venture.
"Can a Drug Extend Your Dog's Life — and Yours?"
Originally Published 1 year ago — by The Times
Celine Halioua, founder of start-up Loyal, aims to develop drugs that could prolong dogs' lives, potentially giving them an extra year of healthy life. With $120 million in funding, the company is close to gaining approval for the first treatment to lengthen lifespan without targeting a specific disease, offering hope for dog owners and potentially paving the way for similar treatments in humans.
"Former Disney Star Bridgit Mendler Launches Space Data Startup as CEO and Mom"
Originally Published 1 year ago — by Daily Mail
Former Disney Channel star Bridgit Mendler has transitioned from acting to becoming the CEO of a new space start-up company called Northwood Space, which recently secured $6.3 million in seed funding. The company aims to build a data highway between Earth and space by designing ground infrastructure to expand access to space. Co-founded with her husband and a software head, the company plans to make data transmission to and from satellites more efficient and accessible, with the goal of conducting their first test to a spacecraft in orbit later this year.
"The Messenger: A Short-Lived News Startup Shuts Down, Letting Go of 300 Staffers"
Originally Published 1 year ago — by Hollywood Reporter
The Messenger, a media start-up, is shutting down just eight months after its launch, resulting in the layoff of approximately 300 staffers. The decision was made after the board met to discuss the site's fate, and owner Jimmy Finkelstein expressed deep regret over the closure despite efforts to raise capital. The company aimed to deliver balanced journalism but faced significant challenges in the current media landscape, ultimately succumbing to economic headwinds.
Bird's Bankruptcy: The Fall of an E-Scooter Giant
Originally Published 2 years ago — by Financial Times
E-scooter start-up Bird is facing financial challenges due to its flawed business plan, which has led to the company struggling to generate sustainable profits. The company's subscription-based model, where customers pay a monthly fee for unlimited scooter rides, has proven to be unsustainable, resulting in Bird's inability to cover its operational costs. As a result, Bird is now seeking new ways to generate revenue and improve its financial situation.
Bird, Electric Scooter Company, Files for Bankruptcy and Seeks Financial Restructuring
Originally Published 2 years ago — by The New York Times
Electric scooter company Bird has filed for bankruptcy protection, signaling a decline in the once-promising sector of personal transportation. The company has secured $25 million in financing to continue operating and is considering a turnaround plan that may involve selling assets. Bird, which reached a billion-dollar valuation and went public in 2021, faced mounting losses and was delisted from the New York Stock Exchange in September. Other scooter start-ups, such as Micromobility.com and Tier Mobility, have also faced challenges. Bird's Canadian and European businesses are not affected by the bankruptcy filing.