Good news from around Europe
Six months after cofounder exodus, some H Company investors are still in the dark: ‘The vision isn’t clear’ Powered by WPeMatico https://sifted.eu/articles/h-company-update/
VC funding for women-founded businesses in Europe down 12% in 2024 Powered by WPeMatico https://sifted.eu/articles/women-founded-startups-funding-2024/
Key ex-OpenAI researcher subpoenaed in AI copyright case Alec Radford, a researcher who helped develop many of OpenAI’s key AI technologies, has been subpoenaed in a copyright case against the AI startup, according to a court filing Tuesday. The filing, submitted by an attorney for the plaintiffs to the U.S.
Judge rejects Musk’s attempt to block OpenAI’s for-profit transition A federal judge in Northern California denied Elon Musk’s motion for an injunction that would have halted OpenAI’s planned transition into a for-profit company, Bloomberg reported. Musk failed to provide enough evidence necessary for an injunction, U.S. District Court Judge Yvonne
Aspiration co-founder and board member defrauded investors of $145M, prosecutors say The fintech startup has been under federal scrutiny for years for questionable financial and carbon accounting practices. © 2024 TechCrunch. All rights reserved. For personal use only. Powered by WPeMatico https://techcrunch.com/2025/03/04/aspiration-co-founder-and-board-member-defrauded-investors-of-145m-prosecutors-say/
Amazon reportedly forms a new agentic AI group Amazon has formed a new group within AWS dedicated to creating AI agents, systems that help people automate parts of their lives, Reuters reported on Tuesday. In an email to staff seen by Reuters, AWS CEO Matt Garman said agentic AI has
X updates Communities with new filters, sorting options, and a way to see your own posts X is bringing more attention to Communities, a feature that allows X users to connect and engage in discussions around a given topic, similar to how it’s done on Reddit. Today, tabs to access
Microsoft-backed Builder.ai founder steps down as CEO but remains chief wizard The founder of one of the UK’s highest-valued AI startups backed by Microsoft has stepped down. Sachin Dev Duggal has stepped down as CEO of Builder.ai, which leverages AI to develop apps, but will remain on the startup’s board
Cloudsmith raises $23M Series B for enhanced software supply chain security Cloudsmith, a universal, cloud-native solution for software artifact management and software supply chain security, has raised $23 million in Series B funding, bringing its funding to over $40 million. Cloudsmith is used by enterprises that need control, security, and
Arāya Ventures secures £18.2M to invest in Seed and Pre-Seed 60 startups Arāya Ventures has completed a second close of the Arāya Super Angel Fund at £18.2 million and received £5 million commitment from British Business Investments, a subsidiary of the British Business Bank, co-investing alongside the Arāya Super Angel