Start-up
Anthropic, the OpenAI rival, is in talks to increase $750 million in funding at an $18.4 billion valuation
Omar Marques | Lightrocket | Getty Photographs Anthropic, the OpenAI rival founded by ex-OpenAI employees, is in talks to increase a $750 million funding spherical led by Menlo Ventures, a particular person with immediate understanding of the make any difference advised CNBC. The round would benefit Anthropic at up to $18.4 billion, per the source […]
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This 23-yr-outdated acquired a $150 home beer brewing kit and turned it into a 6-figure business
Anushka Purohit, the co-founder of Breer, a Hong Kong-centered startup that turns leftover bread into craft beer. Breer When Anushka Purohit was just 10 years previous, she was appalled by the sight of a Starbucks barista throwing leftover cakes and sandwiches into the garbage. A decade afterwards, the memory served inspire her to launch a […]
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How a 75-year-old Indian-American tech entrepreneur is betting $1 billion of his own fortune on AI's future
Billionaire Silicon Valley technology leader Romesh Wadhwani, 75, is investing $1 billion of his personal fortune in predictive and generative AI technology. SAIGroup Billionaire Silicon Valley technology leader Romesh Wadhwani recently celebrated his 75th birthday with 100 friends, reminiscing about many career milestones and only wishing he were 20 years younger in a new, fast-moving […]
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Nominate a company for CNBC's 2024 Disruptor 50 record
CNBC is now accepting nominations for the 2024 Disruptor 50 record — our yearly appear at the most impressive undertaking-backed organizations making use of breakthrough technological innovation to meet expanding financial and buyer problems. The deadline for submissions is Friday, Feb. 16 at 11:59 pm EST. All independent, privately-owned firms started following Jan. 1, 2009, […]
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Reproductive startup launches test to identify an embryo's genetic defects before an IVF pregnancy begins
Noor Siddiqui, founder and CEO of Orchid, during the web summit for careers during Day 2 of the 2014 Web Summit in Dublin, Ireland, Nov. 5, 2014. Stephen McCarthy | Getty Images Reproductive technology startup Orchid on Tuesday announced a comprehensive new genetic test that may help many prospective parents across the U.S. breathe a […]
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OpenAI tender give is on track for January regardless of management fracas, sources say
Sam Altman, CEO of OpenAI participates in the “Charting the Route Ahead: The Long run of Artificial Intelligence” at the Asia-Pacific Economic Cooperation (APEC) Leaders’ 7 days in San Francisco, California, on November 16, 2023. Andrew Caballero-Reynolds | AFP | Getty Pictures OpenAI’s tender give, which would allow for staff members to provide shares in […]
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Amputees say this bionic hand startup gives them both strength and grace — they can even pick up raw eggs without crushing them
Andrew Hitz with the Zeus hand. Courtesy of Aether Biomedical In 2011, Jeremy Schroeder was driving a four-wheeler near Sherwood, Ohio, when he crashed into a stop sign he hadn’t seen as the stone path suddenly turned to asphalt. The sign left a deep gash in Schroeder’s arm; he was rapidly losing blood. Shroeder, who […]
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Allstate, Allianz invest $265 million in Up coming Coverage in a large guess on insuretech
A pedestrian walks by an Allstate Insurance coverage place of work on June 09, 2023 in San Francisco, California. Justin Sullivan | Getty Images Information | Getty Pictures Allstate and Allianz are creating a sizable wager on the electronic transformation of the commercial insurance policies current market with a $265 million strategic financial commitment in […]
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As Singapore’s getting older inhabitants grows, companies are courting older individuals
Citizens aged 65 and earlier mentioned make up virtually a fifth of Singapore’s population in 2023. Nicky Loh | Bloomberg | Getty Visuals SINGAPORE — Singapore’s populace is getting old fast. Citizens aged 65 and earlier mentioned make up nearly 1-fifth of the inhabitants, up 11.7% from a decade in the past, according to the […]
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Op-ed: We cannot make it possible for AI to make Massive Tech even even bigger, argues Steve Situation
Steve Circumstance, Chairman and CEO of Revolution. John Chiala | CNBC Policymakers in Washington are now engaged in a large array of discussions with regards to how to avert AI technological innovation from spinning out of regulate. But for all the concentration on numerous risks, we’re dropping sight of how the AI economic climate should […]
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