Amid growing pressure on European venture capital to consolidate, Swiss pre-seed fund Founderful has successfully closed its second fund at €133 million. The oversubscribed round, achieved despite broader market challenges for emerging…
Beijing-based Shengshu Technology announced a significant upgrade to its AI-powered video generation tool, Vidu, on Wednesday. The new feature enables Vidu to create dynamic videos by combining multiple images, offering…
Although open data indicates stagnation, covert funding and covert new initiatives show a concealed surge. Venture entrepreneur Eyal Niv adds, "It's hard to say this given the general reality in…
On Monday, the Standing Committee of the National People's Congress of China convened and discussed a plan to increase the debt limit on local governments as reported by the state-run…
With third-quarter revenue of $22.2 billion, United Parcel Service (UPS) broke a 10-quarter losing run and above forecasts. The freight transporter said that its adjusted earnings per share increased 12.1%…
Novo Nordisk's diabetes drug, Ozempic, may have more to it than expected, as recently one of the latest studies revealed that it could reduce the risk of Alzheimer's by 40…
Mendo, a Paris-based firm secured €3.5 million in second fundraising round. The firm operates in the niche business in training and preparing teams of companies towards adoption of new softwares…
Technology leaders are diversifying their approaches to seek nuclear energy amid surging data-center power demands. The force is used in training and running advanced artificial intelligence models. In a move…
Meta, formerly known as Facebook, is doing a lot in the area of augmented and virtual reality to change some of the factors surrounding the really ambitious vision for Meta's…
Amazon said it plans to start a pilot test of micro-fulfillment locations inside Whole Foods grocery stores. The mini fulfillment centers are aimed at strengthening the shopping of customers and…
