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Startup

All articles tagged with #startup

technology26 days ago•8 min saved

Apple makes its largest-ever AI move, acquiring stealth Israeli startup Q.ai for $1.6B

Apple agreed to acquire stealth Israeli AI startup Q.ai for about $1.6 billion, its biggest-ever deal, to boost its AI capabilities after delays in rolling out Apple Intelligence. Q.ai develops imaging-based tech that reads facial micro-movements to control devices, with current applications in smart headphones and glasses; the deal values Q.ai at nearly $2 billion and follows other moves in Apple's AI strategy.

via jpost.com|

#acquisition #ai #apple

technology1 month ago•2 min saved

Moonshot AI hits $4.8B valuation as Chinese AI IPO fever grows

Alibaba-backed Moonshot AI is valued at about $4.8 billion in a new funding round, up roughly $500 million from December as demand remains strong ahead of potential further rounds, with the Kimi chatbot fueling investor interest amid IPO momentum for Chinese AI rivals like Zhipu and MiniMax in Hong Kong and ongoing US-China tech tensions.

via CNBC|

#ai #china #funding

business1 month ago•4 min saved

AI-Powered Risk Audits Redefine How Businesses Buy Insurance

Sequoia-backed WithCoverage pairs industry risk experts with an AI audit engine to analyze a company’s policies and operations, providing a line-by-line savings and risk breakdown on the first call. The platform replaces emails and PDFs with a digital workflow, eliminates opaque broker commissions, and has helped customers save up to 30% of their total insurance spend, while expanding into new verticals beyond insurance.

via Sequoia Capital|

#ai #business #insurance

business1 month ago

Ex-Google and Apple Researchers Launch $50M Visual AI Startup

Former researchers from Google and Apple are raising $50 million to launch a new startup focused on visual AI technology, attracting interest from prominent tech and business leaders.

via The Information|

#ai #business #fundraising

business1 month ago•5 min saved

From McKinsey to Startup: Lessons in Confidence and Action

Nathan Wangliao, a former McKinsey consultant, left his corporate job to start an AI startup in Singapore, learning to unlearn consulting habits like overanalyzing and embracing risk-taking and quick decision-making to succeed in the startup world.

via Business Insider|

#ai #business #entrepreneurship

business2 months ago•6 min saved

Ex-Amazon Cofounders Share Lessons on Startup Challenges

Two former Amazon employees, Shalini Aggarwal and Andy Ratsirason, share their experiences leaving Big Tech to build their AI startup, Tenafli. They highlight the importance of unlearning Big Tech habits like building without demand, adopting frugality, and leveraging AI to reduce costs and accelerate research. Their journey underscores the need to focus on customer demand early, manage resources carefully, and overcome the mindset that high-polish is necessary from the start.

via Business Insider|

#ai-tools #amazon #business

business2 months ago•2 min saved

Founder Secures Funding for Second Attempt at Affordable Custom Home Design

Nick Donahue, after shutting down his previous custom home design company Atmos due to operational challenges and market conditions, launched a new AI-driven startup, Drafted, which rapidly generates custom residential floor plans and exterior designs, raising $1.65 million in funding and aiming to simplify and accelerate home design processes.

via Yahoo Finance|

#ai-software #business #funding

business2 months ago•3 min saved

Altman-Backed Startup Partners with Amazon for Capital Lending

Slope, an AI-powered lending startup backed by Sam Altman and JPMorgan Chase, has partnered with Amazon to offer real-time, AI-driven lines of credit to eligible Amazon sellers, focusing on mature businesses with high revenue, to help them access fast and affordable financing directly through their Amazon Seller accounts.

via CNBC|

#ai #amazon #business

business3 months ago•2 min saved

Ex-JPMorgan Executive Sentenced to Over 5 Years for Fraud

A startup executive, Olivier Amar, was sentenced to over five years in prison for fraud related to a $175 million acquisition by JPMorgan Chase, involving false claims of customer numbers to influence the deal, with additional restitution ordered.

via AP News|

#business #financial-aid #fraud

technology3 months ago•2 min saved

Israeli AI Startup AUI Raises $20M in SAFE Round at $750M Valuation

Israeli AI startup AUI has raised $20 million in a SAFE round at a $750 million valuation cap, developing a hybrid symbolic-generative AI platform that excels in task-based conversations and is already used by Fortune 500 companies. The funding will support expansion and strategic partnerships, including a collaboration with Google, to scale its multi-client AI model and reduce operational costs.

via calcalistech.com|

#ai #conversational-ai #funding

business4 months ago•2 min saved

Apple Nears Acquisition of Computer Vision Startup Prompt AI

Apple is nearing a deal to acquire Prompt AI, a startup specializing in computer vision technology, as part of its strategic expansion into AI and machine learning capabilities.

via TipRanks|

#acquisition #apple #business

technology4 months ago•3 min saved

SpotitEarly Combines Dogs and AI for Advanced Cancer Detection

SpotitEarly, a biotech startup, is developing an innovative at-home cancer screening method that combines trained dogs' sense of smell with AI to detect early-stage cancers from breath samples, with promising accuracy and plans for commercial availability in the U.S. by next year.

via TechCrunch|

#ai #breath-analysis #cancer-detection

technology4 months ago•2 min saved

19-Year-Old's AI Memory Startup Gains Google Exec Support

A 19-year-old entrepreneur, Dhravya Shah, has developed Supermemory, an AI memory API that enhances long-term context understanding for AI applications by building personalized knowledge graphs from diverse data sources, with backing from Google executives and plans to support various AI tools.

via Yahoo Finance|

#ai-memory #knowledge-graph #multimodal-data

technology4 months ago

OpenAI's $500M Investment in Videogame Data Startup

OpenAI offered to pay $500 million for a startup that specializes in videogame data, highlighting its interest in leveraging gaming data for AI development.

via The Information|

#investment #openai #startup

business4 months ago•5 min saved

Co-founding a Million-Dollar App with a Teenager Transformed My Life

A cofounder shares how working with a teenage intern led to the creation of Cal AI, an AI-powered nutrition app that now generates over $3 million in monthly revenue and $1 million in profit, transforming his life and demonstrating the impact of kindness and networking.

via Business Insider|

#ai-app #business #calorie-tracking