The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.
Category: Start-ups
Black Entrepreneurs, Frustrated by High Rates, Look to the Election
In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.
A.I. Start-Ups Face a Rough Financial Reality Check
The table stakes for small companies to compete with the likes of Microsoft and Google are in the billions of dollars. And even that may not be enough.
‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower
The oil-rich kingdom is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological influence.
In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.
TikTok’s Origin Story: Court Files Show Role of GOP Megadonor Jeff Yass
Court records, mistakenly made public, tell a story about the birth of ByteDance, its bumpy road to success and the role of the Republican megadonor Jeff Yass’s firm.
Europe’s A.I. ‘Champion’ Sets Sights on Tech Giants in U.S.
Mistral, a French start-up considered a promising challenger to OpenAI and Google, is getting support from European leaders who want to protect the region’s culture and politics.
Reddit Rises 48% in First Day of Trading
The social media company’s debut on the New York Stock Exchange was one of the first major tech initial public offerings of the year.
Reddit’s Long, Rocky Road to an Initial Public Offering
The site, a throwback to an earlier era of social media, is poised to go public as soon as next week. It hasn’t been easy to reach this point.
How the A.I. That Drives ChatGPT Will Move Into the Physical World
Covariant, a robotics start-up, is designing technology that lets robots learn skills much like chatbots do.