Tag: startups
SoftBank Plans $3.6 Billion Bond Issuance to Support OpenAI Funding
SoftBank is set to issue $3.6 billion in bonds to provide financial backing for OpenAI as the company prepares for a potential IPO.
Read More
Leading AI Models Fail to Make Profitable Sports Bets in English Premier League Experiment
AI systems from Google, OpenAI, Anthropic, and xAI lost virtual money betting on English Premier League matches, highlighting challenges in real-world event prediction.
Read More
OpenAI Aims for $2.5 Billion in Ad Revenue in 2026, Targeting $100 Billion by 2030
OpenAI projects advertising revenue of $2.5 billion in 2026 and plans to scale it to $100 billion by the end of the decade.
Read More
Japanese Chip Startup Rapidus Envisions Semiconductor Manufacturing on the Moon
Rapidus, a Japanese semiconductor startup, plans to launch advanced chip production on Hokkaido and aims to produce semiconductors on the Moon.
Read More
Global Startup Funding Surges to $297 Billion in Q1, Marking a 2.5x Increase
Startup investments reached a historic $297 billion in Q1 2026, more than doubling the previous quarter’s total of $118 billion.
Read More
xAI Now Solely Led by Elon Musk After Departure of Last Co-Founder
xAI, the AI startup founded by Elon Musk, has lost its final co-founder, leaving Musk as the sole leader amid ongoing industry workforce shifts.
Read More
Nikola Motor Founder Seeks Funding for AI-Driven Aircraft After Legal Troubles
The founder of Nikola Motor, previously convicted, is now pursuing investment for a startup focused on AI-controlled airplanes.
Read More
AI Boom Creates 45 New Billionaires in Forbes 2026 Ranking
Forbes 2026 list reveals 45 newly minted AI billionaires, pushing the industry total to 86 with a combined fortune of $2.9 trillion.
Read More
Elon Musk Reshapes xAI with Leadership Departures Amid Competitive Pressures
Following internal challenges and competitive setbacks, Elon Musk initiates leadership changes at xAI, including the exit of two co-founders.
Read More
Researchers Develop Data Centers Using Brain Cell-Based Biocomputers
Startup Cortical Labs is advancing data center technology by integrating brain cell neurons with semiconductor chips in biocomputers.
Read More
OpenAI Acquires Promptfoo to Enhance AI Safety Testing
OpenAI has acquired Promptfoo, a startup focused on AI safety testing tools, aiming to boost security for AI software deployment.
Read More
OpenAI’s Robotics Lead Resigns Amid Controversy Over Pentagon AI Contract
OpenAI’s head of robotics departed following the startup’s offer to replace Anthropic as the Pentagon’s AI systems contractor.
Read More