5 Business Trends That Generate the Most Profits in 2024-In the fast-paced world of business, staying ahead of emerging trends is crucial for maximizing profits. As we move into 2024, certain business trends are poised to offer significant opportunities for growth and profitability. Understanding and leveraging these trends can set your business apart from the […]
Canva’s acquisition of Leonardo.AI raises questions about past deepfake porn and guardrail rehab
Canva, the Australian graphic design platform with over 190 million monthly users, announced Monday that it plans to acquire Leonardo.AI, a popular Australian image generation startup that has raised nearly $39 million in funding, and would integrate its models into Canva’s generative AI tools. Upon hearing the news, I immediately recalled that the startup had […]
Unlocking the Potential of Google My Business: A Friendly Guide
Unlocking the Potential of Google My Business: A Friendly Guide- In today’s digital age, having an online presence is more crucial than ever. For small businesses, local shops, and service providers, standing out in the vast ocean of the internet can be challenging. That’s where Google My Business (GMB) comes into play. This powerful tool […]
World Champ Magnus Carlsen’s Fantasy Chess Startup Raises $3 Million
Fantasy Chess founder Magnus Carlsen and CEO Mats André Kristiansen have powerful backers to push a new fantasy and streaming startup in chess. Fantasy Chess Norway-based Fantasy Chess has raised pre-seed funding without a product from investors SNÖ Ventures, Coatue and funds led by billionaires Yuri Milner and Peter Thiel. Last year, Magnus Carlsen declined […]
The Daily Chase: Toronto-based autonomous truck startup Waabi raises US$200M
Here are five things you need to know this morning: Toronto-based autonomous driving startup Waabi raises US$200M: Autonomous driving company Waabi has raised US$200 million in series B funding; money which will be used to put the company’s self-driving truck technology to the test on Texas roads starting next year. The capital is coming from […]
Chip Startup Rivos Raises More Than $250 Million to Tap AI Boom
(Bloomberg) — Silicon Valley chip developer Rivos Inc. raised more than $250 million as it works toward bringing out its first product, underscoring the push for new hardware to meet the needs of artificial intelligence. The Santa Clara, California-based company said Tuesday that Matrix Capital Management is the largest investor in the latest round, with […]
Business planning startup Pigment raises $145M in rare French tech mega-round
Paris-based startup Pigment has raised a $145 million funding round just five years after its inception. The enterprise software company offers a business planning platform for large companies to visualize their past financial performance and forecast upcoming quarters. This funding round comes as a bit of a surprise as large rounds have been few and […]
Chip Startup Raises $70 Million to Quicken AI on Cars and Robots
(Bloomberg) — Silicon Valley chip startup SiMa.ai raised $70 million in a funding round led by Maverick Capital to develop chips designed to speed up AI applications within everyday consumer devices from cameras to cars. Most Read from Bloomberg Point72 and Jericho joined the venture firm in the financing along with existing backers Amplify Partners, […]
Music collaboration startup BeatConnect raises $2.25 million CAD
Platform led by CBC alumni reached over 70,000 users in 2023. Montréal-based music-tech software startup BeatConnect has closed $2.25 million CAD ($1.86 million USD) in funding as it gears up to launch the latest iteration of its music collaboration platform. The funding round, which closed in the first quarter of this year, was led […]
Hong Kong Startup Raises $6.85 Million Series A For Blockchain-Powered Insurance Claims
From left: Kelvin Yeung, cofounder and COO at MediConCen; William Yeung, cofounder and CEO at MediConCen; Jenny Lau, cofounder and CMO at MediConCen. Courtesy of MediConCen Hong Kong-based insurtech startup MediConCen–an honoree of the inaugural Forbes Asia 100 to Watch list in 2021–announced Wednesday it raised $6.85 million in a Series A funding round led […]