Venture capital
Google zeroed in on these 3 groups of weather providers to strengthen
The Voltpost staff. Image courtesy Voltpost and Google. Thursday marked the 3rd Demo Day for the Google for Startups Accelerator: Climate Alter software, wherever startups in the application presented the position of their startup, capping off 10 months of programming and mentorship from Google’s robust community of in-dwelling authorities, training, and credits to use Google […]
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Cosmic Aerospace is doing work on an electric plane with true variety
Cosmic Aerospace group (L-R): CEO Christopher Chahine, CTO Marshall Gusman and Main Engineer Joe Wilding Cosmic Aerospace Denver startup Cosmic Aerospace is producing a absolutely electric airplane to lessen air air pollution from regional flights. Compared with other startups in the subject, which are mostly targeted on sustainable jet fuels, hydrogen, and battery tech, Cosmic […]
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Western Union rival Zepz lays off 26% of workforce as fintech cuts go on
Income transfer team Zepz is laying off 420 workforce, the business instructed CNBC exclusively, as the fintech sector grapples with a difficult macroeconomic ecosystem. The London-headquartered corporation began informing staff of the redundancies on Monday, with particular person staff being explained to by their professionals ahead of larger communications were being issued. By Tuesday, the […]
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Tesla CEO Elon Musk claims he need to approve all new hires in interior email
SpaceX, Twitter and electric car maker Tesla CEO Elon Musk meets with France’s President Emmanuel Macron (L) at the Elysee presidential palace in Paris on May well 15, 2023. Ludovic Marin | Afp | Getty Photos Tesla CEO Elon Musk despatched an email to “every person” at his electric auto maker on Monday, expressing worry […]
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Goldman Sachs created an A.I.-powered social media startup for corporate use
Rohan Doctor, CEO and founder of Louisa Source: Goldman Sachs Goldman Sachs, known more for its Wall Street bankers than its technology, has just spun out the first startup from its internal incubator. The company, a networking platform for employees called Louisa, was funded and owned by the New York-based investment bank until a few […]
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Autonomy founder Mike Lynch extradited to the U.S. to face fraud prices
Mike Lynch, previous chief executive officer of Autonomy Corp departs the Rolls Constructing on June 27, 2019 in London, England. Dan Kitwood | Getty Photos LONDON — British tech entrepreneur Mike Lynch has been extradited to the U.S. to face fraud charges in relation to the sale of his computer software organization Autonomy to Hewlett […]
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SoftBank shares fall right after its Vision Fund tech expenditure device posts a $32 billion file loss
SoftBank’s Vision Fund posted a report decline in the yr finished Mar. 31, 2023. The flagship tech investment decision device has been strike by the slipping price ranges of tech shares. Akio Kon | Bloomberg | Getty Pictures Shares of Japanese tech investor SoftBank fell on Friday immediately after the business noted a document decline […]
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SoftBank posts report $32 billion reduction at its Eyesight Fund tech investment arm
SoftBank has confronted headwinds in its Eyesight Fund investment decision division thanks to a fall in engineering company valuations amid growing interest costs. Kiyoshi Ota | Bloomberg | Getty Images SoftBank recorded a history loss for its Vision Fund as a new rally in tech stocks has done tiny to enable a different complicated 12 […]
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Microsoft agrees to obtain electric power generated from Sam Altman-backed fusion firm Helion in 2028
A see of the conclude of Helion’s seventh generation prototype, the Polaris. Photograph courtesy Helion Microsoft stated Wednesday it has signed a energy invest in agreement with nuclear fusion startup Helion Electricity to get electric power from it in 2028. The offer is a noteworthy vote of self confidence for fusion, which is the way […]
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Microsoft ramps up A.I. sport with guess on startup that helps coding novices create applications
Sachin Dev Duggal, CEO, Builder.ai, April 19, 2023. Scott Mlyn | CNBC LONDON — Microsoft invested an undisclosed sum into Builder.ai, a startup that helps providers make purposes devoid of any coding working experience, doubling down on its synthetic intelligence initiatives. Founded in 2017 and headquartered in London, Builder.ai falls into the camp of startups […]
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