India is very far from the “uncanny valley” of San Francisco, but it has a massive trove of engineering talent, and some of those people are hopping on the train and turning into founders and builders of AI startups. The story of the AI startup ecosystem in India today is reminiscent of the early days […]
Tag: startups
German startups rose 3% in 2023, but 2024 outlook is grim
The logo of KfW Bankengruppe stands on a stele in front of the bank’s headquarters. Arne Dedert/dpa Business startups rose by around 3% in Germany last year, after a decline in 2022, the state-owned KfW investment bank reported on Monday, but said things are not looking good this year. According to the KfW, 568,000 people […]
Google’s AI updates could spark chaos for web creators — and be a death blow for some startups
Google’s new AI products may be making some start-ups nervous. An AI-enhanced Google Search and email assistant could threaten smaller AI companies. Web creators are also nervous that a widely used AI-search engine may disrupt web traffic. Google has new AI products — and they might be making some start-ups nervous. The company unveiled several […]
My son invested in startups and we bailed him out with $100,000. What now?
Fintech Cadence’s Layial El-Hadi On Creating An Inclusive Ecosystem For Startups
Mathieu B Morin The fintech startup ecosystem in Canada is a small one, but that doesn’t always mean it’s an easy community to get into. Fintech Cadence is a Canadian non-profit organization that provides support to our country’s close-knit and incredibly innovative fintech sector with the goal of creating world-class Canadian fintechs we can all […]
Billionaire Jeff Bezos and Cathie Wood Joined Microsoft, Nvidia, Amazon, and OpenAI in Funding 1 of 2024’s Most Intriguing AI Start-Ups
There’s little question that artificial intelligence (AI) has been on a hot streak over the past year or so, and that trend shows little signs of slowing. It isn’t just average investors that are bullish on these developments. Billionaires, venture capital firms, and some of the world’s biggest tech companies have AI fever — and […]
Japan Plans To Allow VCs To Invest Directly in Crypto Startups
Japan Plans To Allow VCs To Invest Directly in Crypto Startups Japan is seeking to relax its venture capital (VC) crypto investment rules, allowing VCs to invest in Web3 startups that only issue cryptocurrencies. According to local media outlet Coinpost, the Japanese Cabinet has approved revisions to the Act on Strengthening Industrial Competitiveness. As part […]
As Iran-backed groups attack Red Sea ships, investors are backing startups assisting global cargo
Multiple shocks to global supply chains brought about first by the pandemic and more recently by Iran-backed Houthis targeting cargo ships in Red Sea have shown there’s a need for greater resilience in global shipping. At the same time, the pressure to reduce both costs and carbon footprints continues apace. Quietly, investors are eyeing up […]
US regulator opens probe into links between AI start-ups and tech giants
A US regulator have opened an investigation into the relationships between leading artificial intelligence start-ups such as ChatGPT maker OpenAI and the tech giants that have invested billions of dollars in them. “We’re scrutinising whether these ties enable dominant firms to exert undue influence or gain privileged access in ways that could undermine fair competition,” […]
Israel seeks backing for tech startups in Davos
DAVOS, Switzerland (Reuters) – An Israeli agency came to Davos with a message for the business community, its CEO told Reuters: Israel’s start-ups are open for investment. Dror Bin, who runs the publicly funded Israel Innovation Authority, said in an interview it was important for him to tell large multinationals and other investors that, despite […]
Private funding falls by nearly half for Israeli startups, report says
JERUSALEM, Jan 15 (Reuters) – Annual funding for the Israeli tech industry is expected to have fallen by nearly half in 2023 after a planned judicial reform and war with Hamas in Gaza deterred many investors, an annual report by Startup Nation Central found. But the group that coordinates global organisations with Israel’s innovators said […]
How startups and failures fuel growth and innovation in Utah
Utah is known as the home of Silicon Slopes for good reason, as an early incubator of the computing revolution and a home to high-tech companies and countless startups. But Utah is also a national leader in business failures, which may actually be a secret to its economic success. The state has long benefitted from […]