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Ollie Acquires Health Startup to Develop New Pet Diagnostic Tool
While the pet food market continues growing exponentially each year, competition among brands remains intense. To distinguish itself in this crowded space, premium pet food subscription service Ollie has acquired a health startup aimed at…
AirOps Expands AI Platform to Streamline Content Production for Businesses
AirOps, a content production platform that leverages artificial intelligence, has broadened its services as demand for automated content generation rises amongst businesses. Originally conceived as a more generalized AI application…
AI Coding Startup Raises Half a Billion in Funding
In a major funding round, Poolside - an AI tech firm creating tools to aid software developers - has raised $500 million. The Series B funding round was led by investing powerhouse Bain Capital Ventures, and also included participation from…
OpenAI Secures Record $6.6 Billion Funding Round at $157 Billion Valuation
Leading artificial intelligence research company OpenAI announced this week that it has closed an enormous funding round, raising $6.6 billion at a valuation of $157 billion. This massive injection of capital positions OpenAI as one of the…
Cold Fusion Startup Acceleron Fusion Raises $15 Million for Research
Cold fusion has long captivated scientists and investors alike with its tantalizing promise of providing clean, abundant energy. Now, one startup is the latest to take a fresh approach to realizing this dream after raising $15 million in…
Serial Entrepreneur Explains Success Behind Multiple Business Ventures with Core Team
Harry Jones, co-founder and CPO of Motorway, has successfully launched five startups over the years along with his long-time colleagues Tom Leathes and Alex Buttle. In a recent podcast interview, Jones opened up about the experiences and…
AI Sales Startup 11x Raises $50M Series B from Andreessen Horowitz
Leading AI sales company 11x has secured approximately $50 million in a Series B funding round led by venture capital firm Andreessen Horowitz.
Sources familiar with the deal say the new investment values 11x at around $350 million. This…
Accusations Fly as YC-Backed Startup Admits to Basically Copying Another AI Project
A startup recently launched through Y Combinator's accelerator program has found itself at the center of controversy. The company, called PearAI, unveiled an AI-powered coding editor last week. However, it was quickly discovered and…
PB Fintech Jumps 4% After CEO Proposes $100 Mn Investment For Healthcare Foray
PB Fintech, the parent company of insurance aggregation platforms PolicyBazaar and Paisabazaar, saw its share price jump over 4% after the company's CEO confirmed plans to enter the healthcare sector.
As per reports, PB Fintech is…
Investment Under PLI Expected To Breach INR 2 Lakh Cr Soon: Piyush Goyal
Union commerce minister Piyush Goyal said that actual investments under production linked incentive (PLI) schemes stood at INR 1.46 lakh crore till August 2022.
He expects investments to breach INR 2 lakh crore soon as more companies…