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Ukrainian AI App Studio Reface Secures €15.2 Million in Non-Dilutive Funding Revolution
Investors paid particular attention to Ukrainian startups that use AI in their solutions. The latest example comes from Kyiv-based Reface, which has successfully secured a landmark €15.2 million in non-dilutive funding from Singapore's PvX…
Lenskart to Invest $23M in South Korean Optical Tech Startup iiNeer Corp.
Lenskart Singapore is acquiring a 29.24% stake in South Korean startup iiNeer Corp. for approximately ₹186 million ($23 million), marking a pivotal moment in the global eyewear technology landscape. This strategic partnership represents…
Nvidia Groq License: Tech Giant Secures Key AI Inference Technology in Strategic $20 Billion Move
Nvidia agreed to acquire assets from Groq, a designer of high-performance artificial intelligence accelerator chips, for $20 billion in cash, marking the chip giant's largest acquisition in history. This watershed moment signals Nvidia CEO…
Former Yahoo CEO Marissa Mayer’s AI Revolution: Dazzle Secures $8M to Redefine Personal…
Former Yahoo CEO Marissa Mayer has raised $8 million in seed funding at a $35 million valuation for her latest venture, signaling a major shift in the consumer AI landscape. The tech industry heavyweight refuses to remain on the sidelines…
Seattle-based AI Startup Gradial, Founded by Former AWS Engineers, Raises $35M
Seattle-based Gradial secured $35 million in Series B funding Dec. 3 to scale its agentic AI platform as enterprises seek to automate complex marketing workflows and reduce operational bottlenecks. The milestone represents another…
Janashakthi Finance CEO Transition Signals Strategic Expansion in Sri Lanka’s Recovering…
Sri Ganendran brings with him almost 27 years of extensive experience in banking, positioning Janashakthi Finance for accelerated growth as the economy grew by 5 percent in 2024 and continues its recovery trajectory. The appointment comes…
The Meatable Shutdown: A Stark Reality Check for the Cultivated Meat Industry
The cultivated meat sector just witnessed another devastating blow as Dutch startup Meatable announced its dissolution on December 19, 2025. This Meatable shutdown represents more than just another company failure. It signals a deepening…
Indian Government Supported 1,706 Startups Under TIDE 2.0 Scheme
Union Minister for Electronics and Information Technology Ashwini Vaishnaw recently informed Rajya Sabha that 1,706 startups have been supported under the Technology Incubation and Development of Entrepreneurs 2.0 (TIDE 2.0) scheme. This…
Nidec Founder Steps Down Amid Mounting Corporate Scandals
Nidec Corp. founder Shigenobu Nagamori voluntarily resigned from his position as chairman of the board Friday, following the discovery of accounting issues that have severely damaged the reputation of the Japanese electric motor…
Yann LeCun’s €500M AI Startup: The Bold Departure Reshaping Artificial Intelligence
Yann LeCun, Meta's chief AI scientist, is reportedly in early talks to raise €500 million for his new startup, Advanced Machine Intelligence Labs (AMI), which would value the company at around €3 billion before its official launch. This…