A U.S. bankruptcy judge has ratified the decision for cryptocurrency exchange, FTX, to liquidate its stake in AI startup, Anthropic. The approval comes as a part of the effort to reimburse the defunct exchange’s creditors. Amid the hearing, Judge John…
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The Walt Disney Company is commemorating the 10th anniversary of its business initiative, Disney Accelerator. The program is designed to aid the progress of innovative, global firms. Coinciding with this landmark, Disney has introduced five firms that are slated to…
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Booz Allen Hamilton is using its strategic venture fund to support startups and bolster its client offerings. The massive data firm has recently invested in Albedo Space, a company striving to deploy very low flying satellites and Synthetaic, an AI…
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Australian launch vehicle startup Gilmour Space Technologies has raised $36 million in a recent Series D funding round. This funding is designed to help develop, test, and launch rockets and satellites from the Bowen Orbital Spaceport in North Queensland. Gilmour…
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Lucid Group Inc. shares dropped 8.4% in the extended trading session Wednesday, following disappointing fourth-quarter earnings and lowered production guidance for 2024. The EV maker, which rivals Rivian, announced a net loss of $654 million or 29 cents per share,…
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Forbes has partnered with market research firm Statista to identify the leading American startup employers for 2024. This initiative, in its fifth year, takes into account 3,000 privately-owned companies located in the United States, each with a workforce larger than…
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Orbital Materials is a startup, directed by a former DeepMind researcher, that uses AI technology (GenAI) to aid in the creation of new physical materials. The company’s AI-driven platform is used to discover a range of materials, from batteries, to…
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SigScalr Inc., a developer of an open-source observability application designed to process large volumes of data, is unveiling its latest project backed by $1.76 million in pre-seed funding. The platform, known as SigLens, is reportedly capable of executing queries at…
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