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It’s not an easy time to raise money for an electric vehicle startup, especially given how many have failed or are close to failing. But Los Angeles-based Harbinger has pulled it off by taking an hyper-focused approach to electrifying commercial trucking. The reward is a $100 million Series B, co-led by early Tesla investor Capricorn … Read more
The rise of NVIDIA has spurred renewed investor interest in AI chip startups. One of them, Blaize, founded by former Intel engineers, is set to go public on the NASDAQ in a SPAC deal on Tuesday, it announced on Monday. Launched in 2011, Blaize has raised $335 million from investors like Samsung and Mercedes-Benz. Headquartered … Read more
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Key Takeaways Chainalysis acquired Alterya for $150 million. The AI startup has secured contracts with major players in the crypto and fintech space, including Binance, Coinbase, and Block, as well as traditional financial institutions. Share this article Chainalysis, a major player in crypto analysis and forensics, has acquired Alterya, an Israeli startup specializing in detecting … Read more
Rohit Jha, 36, is the co-founder and CEO of Transcelestial. Courtesy of Rohit Jha Rohit Jha calls himself a “huge nerd.” He developed a deep love for computers, space and ultimately science fiction in his early years. Jha spent much of his childhood and adolescence coding games on a secondhand computer, star-gazing through a telescope … Read more
It’s now broadly accepted that customers and employees who receive corporate gifts end up appreciating the brand much more, and for not a lot of outlay. The market for this has thus exploded. One market player, the New York-based Snappy, which has raised over $125 million to date, is now acquiring Covver, a corporate merchandise … Read more
No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT a little over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared more than eightfold. During that period, the … Read more
The internet is becoming flooded with AI-generated content, and one of the few places where humans can still go to talk with other humans has been Reddit. Unfortunately, a new marketing automation startup called Astral wants to change that and bring LinkedIn-tier marketing slop to the discussion board site. The startup’s founder Savannah Feder published … Read more
Key Takeaways Fetch.ai has established a $10 million annual innovation fund to support startups in AI and emerging technologies. The accelerator aims to empower early-stage startups and drive advancements in AI, quantum computing, and high-performance computing. Share this article Crypto artificial intelligence company Fetch.ai is launching a new Startup Accelerator program as part of its … Read more
Key Takeaways Ahmad Shadid has invested $130 million in O.XYZ to develop a decentralized AI system called DeAIO. The DeAIO framework allows contributors to vote on AI decisions and receive rewards. Share this article Ahmad Shadid, founder of Io.net, has invested $130 million of his personal funds to develop a Decentralized AI Managed Organization (DeAIO) … Read more
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