Category: Start-ups

Mistral, a French A.I. Start-Up, Is Valued at $6.2 Billion

Created by alumni from Meta and Google, Mistral is just a year old and has already raised more than $1 billion from investors, leading to eye-popping valuations.
Hey, Siri! Let’s Talk About How Apple Is Giving You an A.I. Makeover.

Apple, a latecomer to artificial intelligence, has struck a deal with OpenAI and developed tools to improve its Siri voice assistant, which it is set to showcase on Monday.
How the Humane AI Pin Flopped

Humane’s Ai Pin was supposed to free people from smartphones, but sales have been slow. Now Humane is talking to HP and others about a potential sale.
OpenAI Says It Has Begun Training a New Flagship A.I. Model

The advanced A.I. system would succeed GPT-4, which powers ChatGPT. The company has also created a new safety committee to address A.I.’s risks.
Ampla, a Lender to Consumer Brands, Faces Financial Struggles

Ampla, which lent money to smaller businesses that sold clothing, home furnishings and other items directly to consumers, is struggling financially and seeking a buyer.
Some Prominent Silicon Valley Investors Shift to the Right

Marc Andreessen, Chamath Palihapitiya and several other tech venture capitalists are increasingly criticizing President Biden and making their disaffection known in an election year.
Chinese Firms Face Authoritarianism at Home and Hostility Abroad

The experience of TikTok’s owner, ByteDance, in Beijing and Washington shows how much the ground has shifted for China’s entrepreneurs.
Wayve, an A.I. Start-Up for Autonomous Driving, Raises $1 Billion

The London-based developer of artificial intelligence systems for self-driving vehicles raised the funding from SoftBank, Nvidia, Microsoft and others.
Tensions Rise in Silicon Valley Over Sales of Start-Up Stocks

The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.
How the High Cost of Borrowing May Skew the Presidential Race

In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.
Binance’s Founder Plans a Comeback Even as He Faces Prison Time

Since pleading guilty to violating money-laundering rules, Changpeng Zhao, who ran the giant crypto exchange Binance, has networked across the United States to set up his next act.
A.I. Start-Ups Face a Rough Financial Reality Check

The table stakes for small companies to compete with the likes of Microsoft and Google are in the billions of dollars. And even that may not be enough.