News & Press
Follow our news portal and stay up to date with all startup and venture news
The UK allocates $273 million towards an AI supercomputer to enhance its competitiveness in the global race with the U.S. and China.
On Wednesday, the United Kingdom’s government announced a substantial investment of £225 million, equivalent to $273 million, in the development of an artificial intelligence supercomputer. This move underscores the nation’s commitment to establishing a leadership position in AI technology, as it endeavors to catch up with global leaders such as the United States and China. […]
A 35-year-old CEO abandoned his ‘decent’ startup and went on to establish a $1.4 billion business.
In some instances, one must acknowledge that merely being “pretty good” doesn’t suffice. Just ask Spenser Skates and Curtis Liu. Today, these two MIT alumni are recognized as the co-founders of Amplitude, an analytics software company boasting a market capitalization of $1.35 billion and serving over 2,300 corporate clients. A decade ago, their pursuits were […]
An AI startup sparked a “clash of the titans” on the television show ‘Shark Tank,’ ultimately receiving a generous offer of $300,000 from Mark Cuban and Michael Rubin.
Maurice Bachelor is on a mission to reshape public perceptions of AI bots, and he found formidable allies in billionaires Mark Cuban and Michael Rubin. In a recent episode of ABC’s ‘Shark Tank,’ Bachelor presented his Los Angeles-based venture, Bot-It, alongside Joel Griffith, his co-founder and head of growth. Bot-It is a website and mobile […]
Following the monumental Microsoft agreement, leading gaming companies continue to possess a substantial $45 billion in cash reserves.
According to a recent report from venture capital firm Konvoy, publicly traded gaming companies are holding a substantial $45 billion in cash and cash equivalents, potentially paving the way for further consolidation in the $188 billion video games market. Key players like Activision Blizzard, Electronic Arts, Singapore’s Sea, Japan’s Nintendo and Bandai Namco, South Korea’s […]
Bluebirds Secures $5 Million in Funding for Sales AI Prioritizing ‘Top Leads
In a landscape where conventional methods of outbound sales are losing momentum, Bluebirds, a startup founded by former LinkedIn leaders, is leading the charge by harnessing the power of AI. Today, the company proudly announces securing $5 million in seed funding from Lightspeed Venture Partners. Established in 2022, Bluebirds distinguishes itself by employing AI to […]