U.S. wants to contain China’s chip industry. This startup shows it won’t be easy
By John Shiffman and Joshua Schneyer WASHINGTON (Reuters) – Last year, a veteran Silicon Valley software executive took the helm of a startup in his native China, company records show.…
Israeli startups raised $1.5 billion in Q4, $7 billion in 2023
By Steven Scheer JERUSALEM (Reuters) – Israeli high tech firms raised $1.5 billion in the fourth quarter of 2023, preliminary data showed on Thursday, in a sign that foreigners are…
Microsoft inks carbon removal deal with offsets startup Chestnut
By David French (Reuters) – Microsoft Corp has struck a deal with offsets startup Chestnut Carbon to acquire credits linked to the removal of carbon dioxide from the atmosphere, the…
Google Ventures adds general partner to back AI, open source startups
By Krystal Hu (Reuters) – Venture capital firm GV, backed by Google parent Alphabet Inc, has hired Michael McBride from software firm GitLab as its latest general partner to focus…
European tech startup funding to fall to $45 billion in 2023
By Supantha Mukherjee STOCKHOLM (Reuters) – Total capital invested into European tech startups is projected to fall to $45 billion this year, down 55% from 2021, when investment volumes surpassed…
Record number of startups, 43 percent women, and 70,236 attendees at Web Summit
Web Summit, the world’s largest tech conference, announced today that the 2023 edition of its flagship Lisbon event is hosting 70,236 attendees from 153 countries, with 2,608 startups taking part…
Google in talks to invest in AI startup Character.AI
By Krystal Hu (Reuters) – Alphabet’s Google is in talks to invest hundreds of millions of dollars in Character.AI, as the fast-growing artificial intelligence chatbot startup seeks capital to train…
The imperative of Tech Startups: fueling innovation and driving economic growth
In today’s rapidly evolving world, the emergence and growth of technology startups have become instrumental in shaping our future. These dynamic and agile ventures are at the forefront of innovation, disrupting traditional…
5 Indian space startups to follow
Indian space startups: With the success of the Chandrayaan-3 mission, India has become the fourth country after the USA, Russia, and China to have successfully landed on the moon. This feat…
Chinese EV startup WM Motor files for bankruptcy
By Qiaoyi Li, Zhang Yan and Brenda GohEditing BEIJING (Reuters) – Chinese electric vehicle startup WM Motor has filed for bankruptcy, marking the demise of a promising standout among China…