startup

Michael Intrator, the CEO of AI startup CoreWeave, has seen his net worth double to a whopping $10 billion in a mere 12 days. This rapid wealth accumulation is unprecedented in the tech industry. What Happened: CoreWeave’s stock has skyrocketed by nearly 300% in the last two...

OpenAI, the startup behind the artificial intelligence portal known as ChatGPT, is about to get a massive cash infusion that will pump its valuation beyond $100 billion. What Happened: Venture capital firm Thrive Capital is leading a fundraising effort and will invest at least $1 billion, according...

Trustly, a Swedish fintech firm backed by BlackRock Inc. (NYSE:BLK) has reported a 51% increase in operating profit for 2023. Despite this, CEO Johan Tjarnberg stated that an IPO is at least two years away. What Happened: Trustly’s revenue for 2023 reached $265 million, with significant...

Editor’s note: This story has been updated to reflect that Alexis Ohanian is no longer affiliated with Reddit. Alexis Ohanian, the co-founder of Reddit, Inc. (NYSE:RDDT), shared his thoughts on the common misconceptions about task management among startup founders. What Happened: On...

The co-founder and first CEO of Netflix Inc. Marc Randolph has shared his thoughts on the primary motivation for working in a startup. What Happened: On Monday, Randolph took to X, formerly Twitter, and expressed views on the most compelling reason to work in a startup. He said it’s not...

In a recent episode of ABC’s “Shark Tank,” Mark Cuban found a kindred spirit in a young entrepreneur and made a significant investment. What Happened: On Friday’s episode of “Shark Tank,” Justin Huang presented his product, Cup-a-Bug, to the investor judges. The...

Sony Group Corporation (NYSE:SONY) is expanding its gaming footprint by investing in an African gaming startup, Carry1st. What Happened: Sony, the maker of the popular PlayStation gaming console, has made an undisclosed investment in Carry1st, a gaming studio based in Cape Town, South Africa,...

On a recent episode of ABC’s “Shark Tank,” billionaire Mark Cuban and the rest of the panel declined an investment opportunity with green burial startup Return Home. As reported by CNBC, Micah Truman, CEO of Return Home, sought a $2 million investment for a 5%...

Nexusflow raised $10.6 million as part of a seed round led by Point72 Ventures, with participation from Fusion Fund and several artificial intelligence (AI) luminaries. The startup was formed by AI experts Jiantao Jiao and Kurt Keutzer from the Berkeley AI Research Lab, along with AI leader Jian...

As AI models are taking center stage in diverse industries, a European startup company is looking to get into the market with an AI model competing against Meta Platforms Inc (NASDAQ: META) and OpenAI models. What Happened? Mistral AI, a French startup, announced its first generative...

The story was first published on the Benzinga India Portal. SoftBank Group Corp (OTC: SFTBY) is reportedly set to sell stakes in Paytm and Zomato as the Japanese investment firm looks to turn a profit on its bets following a recent rally in their share prices. What Happened...

Venture capital has been the center of controversy for years due to the general lack of accessibility. It’s often referred to as a closed group for the rich and wealthy, meaning most founders will never break in.  Fortunately, startup funding is moving in the right direction with...

This article was originally published on Grant Cardone TV and appears here with permission. Wondering how and where to get your tech startup funding? We’ll tell you! Someone has your money and Grant Cardone and Jared Yellin are going to share various ways that 10X Incubator portfolio...

How To Invest In Startups Investing in startup companies can be a risky business, but it can also be a highly lucrative one. With the rise of today's technology and many avenues of innovation, entrepreneurship is at an all-time high. Don't let yourself be fooled into thinking that only tech...

Scottsdale, Arizona-based digital freight marketplace Emerge announced Thursday morning that it has closed a $130 million Series B funding round led by 9Yards Capital, Tiger Global Management, and The Spruce House Partnership. Existing investors New Road Capital Partners and Greycroft also...