Stripe Eyes PayPal Acquisition as Fintech Giant Seeks Revival
The Buzz ■ PayPal stock surged nearly 7% after-hours on reports that Stripe is weighing an acquisition, according to CNBC…
Tag: startup news
Ukraine’s Startups Defy War, Keep Building Four Years In
The Buzz ■ Ukrainian startups continue building and growing four years after Russia’s 2022 invasion, defying predictions of ecosystem collapse…
Mogul Tracks $1.5B in Music Royalties, Raises $5M
Music royalty tracking is about to get a serious upgrade. Mogul, a platform helping artists track and value their music…
Stripe Hits $159B Valuation After Employee Tender Offer
Stripe just became one of the world’s most valuable private companies at a $159 billion valuation following a tender offer…
Stripe, PayPal Back India’s Xflow in $16.6M Cross-Border Bet
India’s cross-border payment infrastructure just got a major vote of confidence from two of the world’s biggest payment players. Xflow,…
Canva Snaps Up Two Startups as Software Stocks Crater
The Buzz ■ Canva acquires motion graphics platform Cavalry and video ad startup MangoAI in dual deal, per CNBC reporting…
Google VP: Two AI startup models face extinction
The Buzz ■ Google Cloud VP Darren Mowry warns LLM wrapper and aggregator startups face mounting viability challenges according to…
InScope raises $14.5M to automate financial reporting with AI
The Buzz ■ InScope raises $14.5M Series A led by Norwest Venture Partners to automate financial statement preparation with AI…
Lucid Motors Cuts 12% of Workforce in Profitability Push
The Buzz ■ Lucid Motors is cutting 12% of its workforce, affecting hundreds of US employees per internal memo via…
OpenAI Alumni Launch 18 Startups, Reshaping AI Landscape
The Buzz ■ 18 startups have been founded by OpenAI alumni, including major players like Anthropic and Perplexity, according to…
General Catalyst pledges $5B to India, 5x jump from prior plan
The Buzz ■ General Catalyst commits $5 billion to India over five years, up from $500M-$1B earlier target ■ Announcement…
Nvidia Courts India’s AI Founders Through Early-Stage Ecosystem Push
Nvidia is making a strategic bet on India’s burgeoning AI startup scene, forging partnerships with investors, venture firms, and nonprofits…
Startup CEOs Push Back on AI Job Doom at Web Summit
The Buzz ■ Read AI and Lucidya CEOs told TechCrunch at Web Summit Qatar that AI replaces tasks, not workers…
Code Metal Raises $125M Series B for AI-Powered Defense Code Overhaul
Code Metal, a Boston-based defense tech startup, just closed a $125 million Series B to tackle one of the Pentagon’s…
Block’s Rolling Layoffs Expose AI-Driven Workforce Shift
The Buzz ■ Block implements rolling layoffs while mandating daily AI tool usage across workforce, according to employee accounts via…
India’s AI Surge: Global Tech Giants, Big Capital, and Startups Drive a New Era
There are moments when an ecosystem doesn’t just grow — it shifts gears. This week feels like one of those…
Google Cloud VP warns startups on infrastructure debt trap
The Buzz ■ Google Cloud VP warns startup founders about infrastructure ‘check engine light’ moments in TechCrunch video interview ■…
Ex-Tesla VP Drew Baglino raises $140M for grid tech startup
The Buzz ■ Heron Power raises $140M to build giga-scale factory for electrical grid technology, per TechCrunch ■ Founded by…