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Startups News 13 June 2025 - 14 September 2025

Mistral AI’s Meteoric Rise: Inside the $14B Open-Source Gambit Challenging OpenAI

Mistral AI’s Meteoric Rise: Inside the $14B Open-Source Gambit Challenging OpenAI

The Making of an Open-Source AI Juggernaut Founded in Paris in spring 2023, Mistral AI burst onto the scene with bold ambition: to challenge the likes of OpenAI and Google by doing things differently. Its three co-founders – Arthur Mensch (CEO, ex-DeepMind), Timothée Lacroix (CTO, ex-Meta AI) and Guillaume Lample (Chief Science Officer, ex-Meta) – left Big Tech research jobs to build foundation models on their own terms techcrunch.com techcrunch.com. The company’s very name (a “mistral” is a strong wind in Southern France) hints at its mission to blow fresh air into AI development techcrunch.com. Mensch and team saw that “proprietary [AI] was becoming
14 September 2025
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From Startup Nation to Space Nation: Inside Israel’s Booming Satellite Industry

From Startup Nation to Space Nation: Inside Israel’s Booming Satellite Industry

Historical Background: From Ofeq to the Moon Israel’s space journey began modestly but ambitiously. In the 1960s, academia and defense researchers laid the groundwork for a national space program en.wikipedia.org. The Israeli Space Agency (ISA) was established in 1983 under the Ministry of Science (now Innovation, Science and Technology) to coordinate space activities en.wikipedia.org. Just five years later, in September 1988, Israel launched Ofeq-1, its first satellite, using a domestically developed Shavit rocket from Palmachim Airbase en.wikipedia.org. This successful launch made Israel one of only 8 countries at the time capable of launching satellites into orbit, a remarkable feat for
12 September 2025
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Tech Titans Face Off, Rockets Soar, and Biotech Breakthroughs – Tech News Roundup (Aug 17–18, 2025)

Tech Titans Face Off, Rockets Soar, and Biotech Breakthroughs – Tech News Roundup (Aug 17–18, 2025)

Smartphones & Gadgets: Pixel Teasers and iPhone Rumors Cybersecurity: Telecom Ransomware Shock Space & Aerospace: Record Launches and New Missions Biotech & Health Tech: New Cures and Big Deals Tech Policy & Regulation: Trade Tensions and Antitrust Fines Autos & Mobility: Carmaker Alliances and EV Moves Sources: Reuters, Spaceflight Now, TechRadar, PhoneArena, MacRumors, TS2 Technology techradar.com techradar.com reuters.com reuters.com reuters.com cybernewscentre.com cybernewscentre.com ts2.tech ts2.tech, et al.
18 August 2025
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AI Revolution: GPT-5 Launches, Billion-Dollar Startups, and Global AI Showdowns (Aug 8–9, 2025)

AI Revolution: GPT-5 Launches, Billion-Dollar Startups, and Global AI Showdowns (Aug 8–9, 2025)

OpenAI released GPT-5 on Aug 8, 2025, the first major upgrade to ChatGPT in over two years, with 700 million weekly users and reinforced safety guardrails. Anthropic released Claude Opus 4.1 on Aug 5, 2025, improving software engineering accuracy to 74.5% on its coding benchmark (from 72.5%) and making the model available via API, GitHub Copilot, and Amazon Bedrock. Google unveiled MLE-STAR, a machine-learning engineering agent that uses web search and targeted code refinement to autonomously build ML models and has won medals in 63% of evaluated Kaggle competitions. MIT and Duke University announced a polymer-design breakthrough on Aug 5,
9 August 2025
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Apple’s $100B Surprise, Space Startup Soars, and Tech Glitches Galore – Tech News Roundup (Aug 6–7, 2025)

Apple’s $100B Surprise, Space Startup Soars, and Tech Glitches Galore – Tech News Roundup (Aug 6–7, 2025)

Apple commits $100 billion to US manufacturing as part of the American Manufacturing Program, expands Corning to 100 percent of iPhone and Apple Watch cover glass in Kentucky, and partners with Samsung at its Texas chip fab on a “never-before-used” chipmaking technology. Sony raises its annual profit forecast to ¥1.33 trillion (about $9 billion) and reduces expected tariff impact to ¥70 billion from ¥100 billion, with PlayStation network services driving growth; shares jump 5%. At Black Hat, Cyata reveals 14 critical CVEs in CyberArk Conjur and HashiCorp Vault that could enable complete compromise of vaults, including Vault’s first remote code
7 August 2025
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Quantum Leap: Inside SuperQ’s Mission to Be the “ChatGPT of Quantum Computing”

Quantum Leap: Inside SuperQ’s Mission to Be the “ChatGPT of Quantum Computing”

From March 21, 2025 to July 10, 2025, Atco Mining pivoted to quantum computing by acquiring Staque’s Super platform, rebranding as SuperQ Quantum Computing Inc., completing a 10-for-1 share consolidation, and listing on the CSE as QBTQ with Staque owning about 37.8%. The Super platform is a cloud-based hybrid quantum-classical computing system with a natural-language, ChatGPT-like interface. It coordinates quantum annealing from D-Wave, gate-model QPUs, NVIDIA GPUs, and CPUs via AI-driven workload management. Verge Ag project produced SuperQ’s first revenue in mid-2025, via a quantum-optimized robotic motion planning module on Verge’s Launch Pad, with revenue recognized on July 24, 2025.
28 July 2025
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Ukraine’s Tech Triumphs Amid Turmoil: Startups, Cyber Warriors, and a Digital Revolution (2024–2025)

Ukraine’s Tech Triumphs Amid Turmoil: Startups, Cyber Warriors, and a Digital Revolution (2024–2025)

In 2024 Ukrainian startups attracted about $462 million in funding, a 120% YoY rise, with defense-tech startups pulling at least $59 million and the Brave1 fund granting $40 million in grants. Creatio, a Kyiv-founded enterprise software startup, became Ukraine’s unicorn in 2024 after raising $200 million at a $1.2 billion valuation, joining six Ukrainian-founded unicorns. IT sector export revenues reached $6.45 billion in 2024, down 4% from 2023, with over 300,000 tech specialists (about 238,000 in Ukraine) and up to 668,000 total jobs supported. Diia.City grew to 1,396 resident companies by the end of 2024, roughly one-third of which are
16 July 2025
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Starting a Business in Ukraine in 2025: 10 Crucial Facts Every Entrepreneur Must Know

Starting a Business in Ukraine in 2025: 10 Crucial Facts Every Entrepreneur Must Know

<li Foreigners can own 100% of Ukrainian LLCs (TOV) and Joint-Stock Companies (JSCs), and an LLC can be formed with no minimum capital while registration commonly takes 1–3 days. <li A Ukrainian Joint-Stock Company (private or public) requires a minimum capital of 1,250 times the minimum wage (about UAH 10 million, roughly €217k) and its shares are securities regulated by the NSSMC, with formation typically 3–4 months. <li Foreign nationals may register as Private Entrepreneurs (FOP) with a Ukrainian TIN and notarized passport translation, often in-person registration, and in 2025 the uResidency program enables eligible foreigners to open a FOP
13 June 2025
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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