The Swedish company is now valued at $6.6 billion, more than triple its $1.8 billion valuation set by investors in July.
Category: Start-ups
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What Trump’s Embrace of Crypto Has Unleashed
A boundary-pushing array of new crypto ventures have reached the stock market, enticing investors and leading to more risk taking.
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Does China Have a Robot Bubble?
The Chinese government is betting that robots will drive economic growth. But the bots can’t really do much yet.
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Don’t Call It a Pivot. These Executives Are ‘Refounding’ Their Start-Ups.
In the age of artificial intelligence, some company leaders are framing new business lines as radical reboots.
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Silicon Valley’s Man in the White House Is Benefiting Himself and His Friends
David Sacks, the Trump administration’s A.I. and crypto czar, has helped formulate policies that aid his Silicon Valley friends and many of his own tech investments.
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Jeff Bezos’ Big Bet on A.I. Is Project Prometheus
The Amazon founder is tapping his fortune to help fund Project Prometheus, an artificial intelligence start-up, even as he has said A.I. may be in a bubble.
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Russian Humanoid Robot Falls on Its Face in Hyped Debut
The robot, known as AIDOL, staggered onstage during a technology showcase in Moscow. Organizers blamed the mishap on calibration and lighting issues.
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The 20-Somethings Who Raised $121 Million to Build Military Drones
Neros, a company founded in 2023 by former teenage drone racers, won a coveted Army contract and is gaining popularity in the defense sector.
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Pfizer to Acquire Obesity Drug Start-Up Metsera in $10 Billion Deal
The announcement of the deal signaled an end to the bidding war for Metsera between Pfizer and Novo Nordisk, the Danish maker of Ozempic and Wegovy.
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How Helpful is Niche’s College Cost Comparison Tool?
Niche is the latest company to help families predict what they might pay. If only colleges would do more.