OpenAI co-founder Sutskever’s new safety-focused AI startup SSI raises $1 billion
By Kenrick Cai, Krystal Hu, Anna Tong SAN FRANCISCO/NEW YORK – Safe Superintelligence (SSI), newly co-founded by OpenAI‘s former chief scientist Ilya Sutskever, has raised $1 billion in cash to…
Drones and AI, startup develops fire monitoring platform
Drones and AI: Wildfires are a plague affecting half of Europe and beyond at the height of summer. In forest firefighting activities, civil defence and firefighters are frequently faced with…
Analysis – Taiwanese rocket startup may be early test of Japan’s space hub plans
By Kantaro Komiya TOKYO (Reuters) – A Taiwanese startup aims to become the first foreign firm to launch a rocket from Japan by early next year, part of a plan…
India ed-tech firm Byju’s founder faces reckoning as startup implodes
By Aditya Kalra NEW DELHI (Reuters) – Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, now faces his…
Google parent in talks to buy cybersecurity startup Wiz for $23 billion
By Milana Vinn and Steven Scheer NEW YORK (Reuters) – Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with…
Amazon lures cofounders from startup Adept to bolster AI efforts
By Greg Bensinger and Krystal Hu (Reuters) – Amazon.com hired away artificial intelligence startup Adept’s co-founders and some of its team in a move that echoes one by rival Microsoft,…
Croatian startup readies self-driving taxi Verne for Zagreb launch
By Antonio Bronic and Daria Sito-Sucic ZAGREB (Reuters) – Autonomous vehicle startup Project 3 Mobility (P3), set up by the founder of Croatian electric vehicle maker Rimac Group, presented on…
Fisker: What are EV startups doing to ride out weak demand?
By Priyanka.G, Akash Sriram, and Abhirup Roy (Reuters) – Fisker filed for bankruptcy protection on Monday, the latest electric-vehicle startup to succumb to fundraising difficulties, slow sales, as well as…
UK takes top spot in Europe for GenAI startups, Accel says
By Supantha Mukherjee STOCKHOLM (Reuters) – The United Kingdom is home to the biggest number of generative AI (GenAI) startups across Europe and Israel, followed by Germany and Israel, according…
The Importance of the 2024 EU elections for the startup ecosystem
EU Elections 2024: As the European Union prepares for its parliamentary elections in June 2024, the significance of this democratic exercise extends beyond the political arena. For the vibrant and…