Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds
Wefox CEO Julian Teicke.WefoxWefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche ...
Tag: startup
New York is a tech startup hotbed after almost a decade-long run of IPOs
Olivier Pomel, co-founder and CEO of Datadog, speaks at the company's Dash conference in San Francisco on Aug. 3, 2023.DatadogAlbert ...
An HSBC-backed startup is using AI to help banks fight financial crime — and eyeing a Nasdaq IPO
The co-founders of Silent Eight, from left to right: Michael Wilkowski, Julia Markiewicz and Martin Markiewicz.Silent EightWARSAW — When it ...
Ripple buys crypto infrastructure startup in its second acquisition of 2023
Cryptocurrency company Ripple announced on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure, giving it a ...
Google, Amazon, Nvidia and other tech giants invest in AI startup Hugging Face, sending its valuation to $4.5 billion
The Hugging Face website on a smartphone arranged in New York, Aug. 17, 2023.Gabby Jones | Bloomberg | Getty ImagesHugging ...
The scientist behind IBM Watson has raised $60 million for his AI startup in New York
David Ferrucci, CEO and founder of Elemental Cognition, speaks during a conference in New York, Nov. 8, 2017.Alex Flynn | ...
SoftBank sues social media startup it invested in, alleging it faked user numbers
SoftBank Founder Masayoshi Son is pictured here in 2019 during an earnings presentation.Tomohiro Ohsumi | Getty ImagesSoftBank's Vision Fund filed ...
Elon Musk plans Tesla and Twitter collaborations with xAI, his new startup
Tesla CEO Elon Musk said on Friday that he plans for his newest venture, the artificial intelligence startup xAI, to ...
In dropping challenge to Meta buying a virtual-reality startup, FTC hands Chair Lina Khan a stinging defeat
The Federal Trade Commission voted to withdraw an antitrust complaint challenging Meta Platforms Inc.’s purchase of virtual-reality startup Within Unlimited, ...
