Decentralized social app Bluesky has successfully raised $15 million in a Series A funding round, following its previous $8 million seed round last year. This funding comes amid significant user growth, largely driven by discontent among users of X (formerly Twitter) over recent policy changes, such as modifications to the block feature and allowing Read more…
Introduction to Lumen Orbit and Funding Success Lumen Orbit is an innovative startup focused on establishing hyperscale data centers in space. Their mission is to leverage the unique advantages of outer space—such as abundant solar energy and efficient cooling—to address the growing energy demands of AI and data processing technologies. Recently, Read more…
Electric vertical takeoff and landing vehicle startup Joby Aviation has initiated a public offering to sell up to $200 million in shares of its common stock, as detailed in a recent regulatory filing. The company aims to utilize the proceeds, along with existing cash, to support its certification and manufacturing efforts, prepare for a Read more…
Kevin Ryan has established himself as a significant figure in New York City’s tech landscape. As the founder and CEO of AlleyCorp, he has been instrumental in launching and investing in numerous startups, including notable names like Business Insider, Zola, Gilt, Pearl Health, and Transcend Therapeutics. His earlier career includes Read more…
AI systems often produce unreliable information, a concern that particularly affects businesses where inaccuracies can impact profitability. A recent Salesforce survey found that half of employees worry about the accuracy of responses generated by their company’s AI systems. While there is no foolproof method to eliminate these “hallucinations,” certain techniques Read more…
VSim is a cutting-edge company founded in 2023 by former Nvidia engineers Michelle Lu and Kier Storey. Based in Manchester, the company focuses on developing advanced simulation infrastructure tailored for the robotics and visual effects (VFX) industries. This innovative platform aims to enhance the realism and efficiency of simulations, leveraging the founders’ extensive experience in high-performance computing Read more…
Artificial Intelligence Startups SurveyAuto SurveyAuto is an innovative startup in the AI industry that simplifies the process of collecting survey data through advanced technologies such as geolocation, call records, hyperspectral imagery, and open street maps. Founded by Dr. Umer Saif, a Pakistani entrepreneur, SurveyAuto has been operational for two years Read more…
As of 2021, 16% of Americans were engaged in startups, indicating a significant portion of the population is actively pursuing entrepreneurial ventures. This statistic highlights the enthusiasm of young business minds in the startup ecosystem.The pandemic has accelerated reliance on the internet, marking a pivotal era for technology-driven startup ideas. Read more…
Slauson & Co. Raises $100M Fund II, Proving Appetite for Inclusion Persists Slauson & Co., a venture capital firm focused on backing diverse founders, has successfully raised a $100 million Fund II, a significant increase from its initial $75 million fund. This achievement underscores the persistent demand for inclusive investment Read more…
Andreessen Horowitz Shutters Miami Office After Two Years Andreessen Horowitz (a16z), a prominent Silicon Valley venture capital firm, has closed its Miami Beach office just two years after opening it, dealing a blow to the city’s ambitions of becoming a tech and crypto hub. Background A16z opened its Miami office Read more…