Video: Over 70,000 People Trapped at Burning Man Amid Flooding, Leading to Disastrous ‘Mass Exodus’
The festival takes place each year in Black Rock City in the Northwestern Nevada desert.
US AI Safety Institute could face big cuts
The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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September 2023
NBA Star Giannis Antetokounmpo Spread His Money Across Half a Dozen Bank Accounts as a Rookie Because of the FDIC’s $250,000 Limit. Billionaire Team Owner Marc Lasry Told Him to Invest Instead.
After finding out about the $250,000 cap, Antetokounmpo opened accounts at “five, six, seven” banks.
The Future Is Not Just Flexible — It’s United. How American Flexibility is Redefining Business Practices Worldwide.
Recent surveys provide a tapestry of insights into how American businesses are a guiding star for global companies seeking to be future-ready.
How Jimmy Buffett Turned His Hit Song into a Billion-Dollar ‘Margaritaville’ Behemoth
Jimmy Buffett passed away at the age of 76 on September 1.
5 Ways to Capture Millennial and Gen Z Customers
The rise of Millennial and Gen Z powerhouses and how they are shaping the shopping landscape, forcing companies to adapt or risk being left behind.
United Airlines Grounds All Departing Flights Nationwide Due to ‘Equipment Outage’
The ground stop was lifted just after 2 p.m. EST on Tuesday.
E-commerce loan startup Wayflyer secures $1B deal from Neuberger Berman
Wayflyer, which provides financing to e-commerce startups in exchange for a portion of their future revenue, today announced that it secured $1 billion in capital from investment management firm Neuberger Berman. In a press release, Wayflyer describes the funding as an “off-balance sheet program,” meaning that the company was allowed to keep certain assets and […]
Could Arm be worth more than $51B?
Would Arm be able to wrangle a price-sales and price-earnings premium to Intel and TSMC? We think so.
Okra raises $12M as it brings solar power to grids in developing areas
It’s been fun watching Okra Solar’s journey over the last few years. I first encountered the firm on a trip to Shenzhen, before it won our 2019 Hardware Battlefield competition in that city. Today it’s announcing a $12 million Series A aimed at serving wide swaths of the world that presently lack access to electricity. […]
Using AI to talk to trees with Graham Hine from ePlant
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Graham Hine, the co-founder and CEO of ePlant, a startup that creates sensors that monitor the health of trees. Hine talked about what got him interested in the tree space to begin with and […]