As the school districts struggle to support the mental health of their students, he called a startup Mental Health of Sonar He has built a “welfare partner” called Sonny to help. As Described in the Wall Street JournalSonny is a chatbot that is based on a combination of human personnel and AI. When students send […]
Elon Musk’s Startup, XAI, plans to continue using 15 gas turbines to feed its “colossus” supercomputer in Memphis, Tennessee, according to an operational permit with the Shelby County Health Department for the use of turbines without stopping from June 2025 until June 2030. Why does it matter? The commercial appeal, a means of communication that
XAI’s “Colossus” supercomputer raises health questions in Memphis– BC Read More »
A consortium of investors led by X.AI of Elon Musk offered to buy OpenAI for $ 97.4 billion this week. The OpenAi CEO, Sam Altman, has dismissed the proposal, which would boost Openai’s planned conversion of a non -profit organization, something that Musk tries to block in a lawsuit. Altman’s lawyers argued in a presentation
Elon Musk’s complete supply letter to buy Openai reveals five key details– BC Read More »
If you talk to a Fintech entrepreneur about your business, you are likely to end up talking about accounting problems at some point. A larger book is a record of money movements that serve as a source of truth for financial assets, but when a company begins to have multiple bank accounts, payment processors and
Formance raises $ 21 million to build the AWS for Fintech infrastructure– BC Read More »
More startups closed in 2024 than the year before, according to multiple sources, and that’s not really a surprise considering the crazy number of companies that were funded in the crazy days of 2020 and 2021. It looks like we’re not done, and 2025 could be another brutal year of startups going dark. britcommerce compiled
2025 will likely be another brutal year of failed startups, data suggests– BC Read More »
Brendan Wallace has a lot on his mind lately. Wallace is the co-founder of Fifth wall companiesa nine-year-old proptech venture firm with $3.2 billion in assets under management. He also owns a home in Los Angeles, which continue to combat devastating forest fires. While his place remains intact, many of his friends have not been
Many proptech startups, born and funded during the height of low interest rates, are in the midst of a struggle. As investments in U.S.-based real estate startups fell from $11.1 billion in 2021 to $3.7 billion last year, according to data from PitchBook, some are selling themselves, while others are closing their businesses. The two
Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to fight– BC Read More »
Distracted driving is a leading cause of car accidents and increased car insurance premiums, which are expected to increase in 2025. For commercial fleets, navigating that is an expensive challenge. But for California-based startup Netradyne, it’s a tailwind. Netradyne offers fleet owners, including big names like Amazonwith AI-enabled dash cameras that collect vehicle data and
Former CEO of MoviePass parent company Theodore Farnsworth pleaded guilty to charges of securities fraud and conspiracy after being accused of misleading investors about the service’s “unlimited plan.” Farnsworth also pleaded guilty to conspiracy to commit securities fraud as CEO of Vinco Ventures, a publicly traded company. Helios & Matheson Analytics (HMNY), the parent company
Dara Khosrowshahi is resigning from the board of directors of autonomous vehicle technology company Aurora Innovation, citing a desire to focus on his current responsibilities as CEO of Uber and reduce the board’s outside commitments, according to a regulatory filing on Friday. Khosrowshahi’s resignation was effective Tuesday. Aurora says Khosrowshahi’s decision to leave the board
Uber CEO Dara Khosrowshahi Resigns From Board of Self-Driving Truck Startup Aurora– BC Read More »
