Goldman Sachs is one of the biggest investment banker “book runners” for IPOs – where banks are paid many millions of dollars for each listing they underwrite. Yet CEO David Solomon told attendees of the Cisco AI Summit in Palo Alto that startups should reconsider the idea of going public, reports the Financial Times. Solomon […]
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You can’t start a company without a healthy dose of daring, and that’s certainly the case with NeuroBionics. The MIT-spinout thinks it could one day improve the lives of millions of people who live with neurological conditions like depression, epilepsy and Parkinson’s disease. Famed investor Steve Jurvetson of Future Ventures said that if everything goes […]
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Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailer’s automation business. Symbotic is paying $200 million in cash for the program, plus up to $350 million in “additional contingent consideration,” depending on how the deal shakes out. The relationship is more partnership than straight acquisition, […]
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Today, Anduril announced it is building their massive weapons factory, Arsenal-1, in Columbus, Ohio, confirming TechCrunch’s earlier reporting.
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Volvo spinoff Polestar had a rough 2024, and 2025 looks like it could be just as difficult. The EV maker announced Thursday that it expects to generate less revenue in fiscal year 2024 than it did in 2023, after previously estimating sales would stay the same. That’s thanks to “fewer than expected Polestar 3 and […]
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Distracted driving is a leading cause of car crashes — and rising auto insurance premiums, which are expected to increase in 2025. For commercial fleets, that’s an expensive challenge to navigate. But for California-based startup Netradyne, it’s a tailwind. Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data […]
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The process of getting screened for cervical cancer is quite intimidating. It’s the once-a-year, sometimes life-changing treatment, that involves the bright lights of a doctor’s office and an uncomfortable insertion that always seems to last too long. It’s no wonder why Kara Egan and Dr. Avnesh Thakor saw the potential to make this process more […]
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As TikTok’s fate hangs in the balance, TikTok CEO, Shou Chew, is planning to attend President-elect Donald Trump’s inauguration on Monday, The New York Times reports. The executive will join Mark Zuckerberg, Jeff Bezos, and Elon Musk on the dais, which is where former presidents and important guests are traditionally seated. Although Trump initiated calls […]
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