IBM’s $500 million venture fund is hunting for startups that fit its ecosystem and can scale fast. The company expects to save $4.5 billion this year from internal AI adoption alone. Here’s what they’re betting on next.
Pony.ai announced plans to triple its robotaxi fleet to over 3,000 vehicles by the end of 2026. The company reported 72% revenue growth but also saw net losses jump 46% to $61.6 million last quarter. Shares still popped 6% on the news.
Polish startup Juo has raised €4 million in Seed funding to expand its platform for managing physical product subscriptions. The company supports over 500,000 active subscriptions across hundreds of clients in Europe and North America. This funding reflects growing investor interest in technologies
Michael Burry, famous for predicting the 2008 financial crisis, is starting a paid newsletter on Substack. This follows his decision to close his hedge fund, Scion Asset Management, last month.
According to Harvard Business School professor Reza Satchu, judgment is the single most important skill entrepreneurs need to succeed. He argues traditional education focuses on the wrong skills and that students need to learn to embrace calculated risk. The insights come from his November 20 appear
Joby Aviation has filed a lawsuit against Archer Aviation alleging corporate espionage through a former employee. The complaint claims George Kivork stole confidential files containing partnership terms and technical information before joining Archer. Both companies are developing electric air taxis
Elon Musk’s artificial intelligence lab xAI is projecting cash flow positivity within three years while sitting on $10 billion in cash. The company is using a novel financing scheme to build data centers cheaper and faster than traditional methods. This puts xAI on a similar profitability timeline a
French DeepTech company Rift has raised €4.6 million to deploy Europe’s first on-demand aerial intelligence network. The funding will accelerate production of autonomous drone stations that can provide 24/7 surveillance. The company aims to create sovereign European infrastructure for border protect
Cloudflare experienced its most significant outage since 2019, with the root cause traced to problematic Rust code using .unwrap(). Meanwhile, cybersecurity startup Guardio secured $80 million in funding and revealed impressive growth metrics. The contrasting stories highlight both infrastructure fr
Integral just acquired German payroll specialist cleverlohn while securing additional funding from General Catalyst and others. The combined company now has €12 million total funding to tackle Germany’s complex SME accounting and payroll challenges.
