EV startup Faraday Future paid $7.5M to company tied to founder Jia Yueting
The perpetually struggling EV company made the payments while being investigated by the SEC. That four-year probe was ultimately closed in March.
The perpetually struggling EV company made the payments while being investigated by the SEC. That four-year probe was ultimately closed in March.
The two wildly fast-growing rivals have raised massive sums, pushed into each other’s home turf, and now have dueling ad campaigns.
Subscription billing fintech Skio sold to its competitor Recharge in what was a healthy exit, according to its founder and former CEO.
It is not that European startups never get attention — Lovable and Mistral AI are proof of that. But there are many more that insiders are tracking.
The ad comes from Artisan, the AI startup behind billboards urging businesses to “stop hiring humans.”
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Katie Haun announced on Monday that $1 billion has been raised across new funds to continue the firm’s thesis of backing crypto and blockchain startups.
AI chip maker Cerebras is heading for a blockbuster IPO that could value it at $26.6 billion or more. Its relationship with OpenAI is deep and rich.
Krutrim’s pivot to cloud after layoffs and limited product updates reflects the economic challenges of building AI models in India.
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