Start-up
Amazon cashierless tech competitor Grabango shutters after failing to secure funding
Grabango’s mobile app Grabango Grabango, a venture-backed startup that was vying to take on Amazon in cashierless checkout technology, is shutting down after it was unable to raise enough money to stay afloat. “Although the company established itself as a leader in checkout-free technology, it was not able to secure the funding it needed to […]
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How I built a $2 billion a year super app called Grab: ’20 hour’ work days
Anthony Tan didn’t need to start a business to be rich. He grew up as the youngest of three sons in one of Malaysia’s wealthiest families. His father, Tan Heng Chew, is the president of Tan Chong Motor, a multinational automobile distributor founded by Tan’s grandfather in the 1950s, that’s publicly listed on the Kuala […]
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This 32-year-old cashed out on over $2 million in startup equity—here are five tips on how to negotiate for more shares
Bhavik Vashi, 32, made over $2 million after selling his equity in software startup Anaplan. Bhavik Vashi, 32, is living the dream of many Silicon Valley tech workers. He joined a promising startup, did his time and eventually the company was acquired, minting him as a millionaire. Shortly after graduating from the University of California, […]
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Tesla’s Optimus faces stiff humanoid competition at Beijing robot conference
Tesla displays Optimus next to two of its vehicles at the World Robot Conference in Beijing on Aug. 22, 2024. CNBC | Evelyn BEIJING — While Chinese companies last week showed off humanlike robots playing the zither or grabbing sodas, Tesla displayed its Optimus humanoid inside a clear box, motionless next to its cars. Elon […]
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How sustainable diaper brand Kudos is taking on industry giants — with a Target rollout
Kudos diapers founder Amrita Saigal with her daughter Courtesy: Kudos Throughout modern history, parents have only had one real option when it comes to disposable diapers: plastic. The single-use products are typically made with fossil fuels like petroleum and can take hundreds of years to break down, making them the third-largest consumer item in U.S. […]
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Just after leaving Google, Jakob Uszkoreit started out Inceptive to implement AI to drug progress
Prior to co-founding biotech startup Inceptive, Jakob Uszkoreit experienced an plan that would at some point make generative artificial intelligence doable. As a researcher at Google in 2017, Uszkoreit was striving to velocity up the training of neural networks. He advised utilizing a new way to interpret knowledge named self-notice. That thought gave way to […]
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Neuralink competitor Paradromics gears up to test its brain implant on humans
Neurotech start-up Paradromics will be trialing its brain implant next year, as the race to be the leader in the nascent brain-computer interface (BCI) space heats up. “The brain is a super fascinating organ. We have about 85 billion neurons and every neuron is a million times slower than a computer chip. And yet, the […]
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The best-funded generative AI startups in Europe have something in common: Big Tech experience
French founder of artificial intelligence startup Mistral AI, Arthur Mensch, attends the Viva Technology show at Parc des Expositions Porte de Versailles in Paris, France, on May 22, 2024. Chesnot | Getty Images Entertainment | Getty Images Most of the top-funded generative artificial intelligence companies in Europe were founded by entrepreneurs with experience at U.S. […]
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India’s startups are making a lot more employment, but far more investments even now desired to improve employment
Youth aged 15 to 29 make up 83% of all unemployed men and women in India. Gcshutter | E+ | Getty Pictures India’s startup ecosystem is poised for promising development as the region is effective toward boosting financial progress and entrepreneurship — but additional employment are essential to beat substantial degrees of unemployment. Which is […]
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The 2024 CNBC Disruptor 50: How we chose the organizations
Welcome to Disruptor 50 in the age of AI. A whopping 34 of the 50 businesses on our twelfth yearly CNBC Disruptor 50 listing claim that synthetic intelligence is “important” to their corporations. These consist of businesses in industries ranging from cybersecurity to agriculture. Thirteen of the 2024 Disruptors phone by themselves “generative AI providers,” […]
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