AI chip startup FuriosaAI reportedly turns down $800M acquisition offer from Meta
FuriosaAI, a South Korean startup that makes chips for AI applications, has rejected an $810 million acquisition offer from Meta.
Mark Cuban backs Skylight, a TikTok alternative built on Bluesky’s underlying technology
Skylight, a startup taking on TikTok with a more open alternative, is launching its mobile app to the public on Tuesday after just ten weeks of active development. The app, which is backed by Mark Cuban and others, is now one of many to build on top of the AT Protocol — the same technology […]
Ex-Network International execs raise $6M for Enza, an African fintech serving banks
Over the past decade, Dubai-based Network International has become one of the dominant payment processors across the Middle East and Africa, thanks in part to a pair of acquisitions. However, many large incumbents can fall prey to slower innovation, opening the door for smaller, faster-moving startups. The latest development is Enza, a fintech founded in […]
DNA testing company 23andMe files for bankruptcy protection, CEO resigns
Genetics testing company 23andMe has filed for Chapter 11 bankruptcy protection in the U.S. to initiate the sale of its assets. Alongside the announcement, the company’s co-founder and CEO Anne Wojcicki separately said she is leaving the company to become an independent bidder for the company. “After a thorough evaluation of strategic alternatives, we have […]
Former Cruise CEO Kyle Vogt’s new robotics startup reportedly raises another $150M
The Bot Company, the robotics startup founded by former Cruise co-founder and CEO Kyle Vogt, has raised $150 million in a round led by Greenoaks, according to Reuters, citing unnamed sources. Vogt founded the startup with Paril Jain, who led the AI tech team at Tesla, and former Cruise software engineer Luke Holoubek. Vogt did […]
Buy now, pay later . . . for a burrito?
In 2010, a programmer who was mining bitcoin famously made the comically expensive mistake of spending 10,000 bitcoin on two pizzas. As of this writing, those coins would be worth $850 million dollars. While there are few comparisons to that kind of miscalculation, the prospect of adding interest payments to fast-food orders is raising concerns […]
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Barack Obama joins Bluesky
Social network Bluesky, an alternative to X built on open source technologies, has scored a big win in terms of attracting notable users to its platform. The company on Sunday confirmed that former president Barack Obama has joined its service. Bluesky OOO Rose Wang replied to a post where someone wondered if the account posting […]
How Supporting Entrepreneurs Will Save Us From Economic Instability
In times rife with economic pressures and instability, the entrepreneurial spirit stands out as society’s beacon of hope.
Browser Use, the tool making it easier for AI ‘agents’ to navigate websites, raises $17M
We may not have an agreed-upon definition of AI “agent” yet, but a multitude of startups want to create “agentic” tools to automate various tasks online. One such firm, Browser Use, has attracted a ton of interest from developers and investors thanks to its solution that makes websites more “readable” for AI agents. Browser Use […]
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