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Venture capital

H2Ok: A Sustainability Initiative by Harvard Dropout and His Brother

by Ev Richard
H2Ok: A Sustainability Initiative by Harvard Dropout and His Brother

David and Annie Lu, siblings and co-founders of H2Ok Innovations, are on a mission to improve the efficiency of factories by reducing their liquid usage. Annie, a former Harvard student, …

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Categories Technology

The Significance of Elon Musk’s Expanding Ventures for Tesla Investors

by Ev Richard
The Significance of Elon Musk’s Expanding Ventures for Tesla Investors

Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk’s multiple ventures and the relationships between …

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Categories Technology

Chinese House committee focuses on American venture capitalists investing in Chinese AI

by Adrian Jhonsan
Chinese House committee focuses on American venture capitalists investing in Chinese AI

The House Select Committee on the Chinese Communist Party sent letters to four separate U.S. venture capital firms, including Qualcomm’s venture arm, expressing “serious concern” about their investments in Chinese …

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Categories World

Q2 2023 Earnings Report for Tesla (TSLA)

by Adrian Jhonsan
Q2 2023 Earnings Report for Tesla (TSLA)

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de …

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Categories World

Preply, a Language Learning App with AI Assistance, Secures $70 Million in Funding with Ukrainian Roots

by Ev Richard
Preply, a Language Learning App with AI Assistance, Secures  Million in Funding with Ukrainian Roots

Preply, a language learning platform connecting people with tutors, raised $70 million of fresh capital to ramp up its use of artificial intelligence, the company told CNBC exclusively.  The firm, …

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Categories Technology

The AI Dominance in Europe: France and Britain Engage in a Fierce Competition

by Ev Richard
The AI Dominance in Europe: France and Britain Engage in a Fierce Competition

U.K. Prime Minister Rishi Sunak and French President Emmanuel Macron are both vying to establish their countries as the leading capital for artificial intelligence (AI) in Europe. Macron announced 500 …

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Categories Technology

Indications of Stabilization Following a Continuous Decline

by Craig Fedirighi
Indications of Stabilization Following a Continuous Decline

Senior satellite technician Chris Summers completes the final pre-flight checks on satellites Kepler-16 and Kepler-17. Kepler Communications Private investment in space companies, especially from venture capital, showed “signs of stabilization” …

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Categories Business

Stability AI CEO predicts AI as the ‘most substantial bubble ever’

by Ev Richard
Stability AI CEO predicts AI as the ‘most substantial bubble ever’

Emad Mostaque, founder and CEO of Stability AI, speaks during the Bloomberg Technology Summit in San Francisco, California, US, on Thursday, June 22, 2023. David Paul Morris | Bloomberg | …

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Categories Technology

Elon Musk envisions Tesla and Twitter collaborating with advanced AI technology (xAI

by Adrian Jhonsan
Elon Musk envisions Tesla and Twitter collaborating with advanced AI technology (xAI

Tesla CEO Elon Musk announced on Friday that his latest venture, the artificial intelligence startup xAI, will collaborate with the automaker in both the “silicon front” and the “AI software …

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Categories World

Public, the US brokerage app, ventures into the UK market for its first international expansion.

by Ev Richard
Public, the US brokerage app, ventures into the UK market for its first international expansion.

The Public.com platform allows users to buy or sell from a portfolio of over 5,000 stocks. On July 14, it expanded its services to the U.K. Public.com, an American stock …

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Categories Technology
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