OpenAI co-founder’s new safety-focused AI startup raises $1B
Safe Superintelligence (SSI), a new firm co-founded by OpenAI's former chief scientist Ilya Sutskever, has raised $1 billion in funding to help develop safe artificial intelligence systems that can far exceed human capabilities, a company executive told Reuters. SSI, which currently has 10 employees, plans to use the funding to acquire computing power and hire […]
Dr. Phil’s Merit Street TV startup reportedly axes dozens of job : ‘Complete shock’
The media startup founded by famous TV talk show host Dr. Phil McGraw has reportedly laid off about a third of its 100 employees. Merritt Street Media, which McGraw founded earlier this year, completed its job cuts on Monday, cutting fewer than 40 jobs, mostly in its morning and evening news divisions, a source familiar […]
NYC startup peddles used Pelotons at after pandemic-darling crash
A New York City-based startup is buying up used Pelotons that have been gathering dust since the pandemic and reselling the once-prized bikes at premium prices, The Washington Post has learned. Trade my spinsLaunched in March by CUNY alumnus Ari Kimmelfeld, the service aims to attract new customers by making the pricey Peloton cheaper, and […]
Cybersecurity Start-up Wiz Rejects $23 Billion Google Acquisition Offer
Cybersecurity startup Wiz turned down a $23 billion acquisition offer from Google, opting instead to pursue an initial public offering (IPO) in what would have been the internet giant’s largest acquisition ever. of The New York Times Reports Wiz, a privately held cybersecurity company, has made a major decision that could change its trajectory. Last […]
Cybersecurity startup Wiz turns down $23B Google acquisition: report
Cloud security startup Wizz has reportedly pulled out of talks to be acquired by Google parent Alphabet for $23 billion, a deal that would have been the search giant’s largest acquisition to date. Wizz CEO Assaf Rapaport told employees the company would instead pursue an initial public offering, as it had said last year. “It […]
Google nears $23B deal for cybersecurity startup Wiz: report
Google’s parent company Alphabet is reportedly in talks to acquire cybersecurity startup Wizz for around $23 billion. Wall Street Journal report Monday. If the deal goes through, it would be the tech giant’s largest acquisition ever. The move comes as Alphabet and other tech companies face increased antitrust scrutiny, and the acquisition could also help […]
DAVID BLACKMON: Bonfire Of The E-Vanities: Bankrupt EV Start-Up Fire-Selling Remaining Inventory
Hey, want a cheap Fisker Ocean EV? Want a bunch of them? All you need is $2,500 in cash for a few hundred of Fisker’s remaining inventory of damaged Ocean SUVs, and they are yours! Bankrupt pure-play battery electric-vehicle maker Fisker, desperate to raise cash to keep what remains of its operations open as it goes […]
Wedding planners cry foul as The Knot adds startup Simply Eloped to online empire
The Knot has quietly acquired a startup called Simply Eloped, raising concerns that the controversial company has too much control over the wedding planning industry, The Washington Post reports. Simply Eloped says it will connect couples with pre-approved vendors like officiants, videographers and photographers for intimate ceremonies of 20 guests or fewer, and joins an […]