Browse Tag

Startups

Jeff Bezos Returns to the CEO Seat: Inside Project Prometheus, the $6.2 Billion AI Manufacturing AI Startup

Jeff Bezos Returns to the CEO Seat: Inside Project Prometheus, the $6.2 Billion AI Manufacturing AI Startup

Amazon founder Jeff Bezos is stepping back into an operational role as co-CEO of Project Prometheus, a new AI startup with $6.2 billion in funding that aims to transform manufacturing for computers, cars, and spacecraft. Here’s what we know so far and why it matters. Jeff Bezos is back in the day-to-day game For the first time since stepping down as CEO of Amazon in July 2021, Jeff Bezos is preparing to run a company again — and it’s not Amazon, Blue Origin, or any existing arm of his empire. According to a report in The New York Times, relayed
17 November 2025
Telehealth Trailblazer VSee Health (VSEE) Skyrockets on Game-Changing Deals & Federal Green Light

Telehealth Trailblazer VSee Health (VSEE) Skyrockets on Game-Changing Deals & Federal Green Light

Company Overview: Telehealth for High-Acuity Care VSee Health, Inc. is a Silicon Valley-founded telehealth technology and services provider specializing in high-acuity virtual care. Founded in 2008 by Dr. Milton Chen, VSee built a secure video telemedicine platform so robust it was even utilized by NASA for astronaut healthcare businesswire.com. Today, after merging with iDoc Telehealth via a SPAC deal in mid-2024, VSee offers an integrated suite of telehealth solutions for hospitals and health systems. The company’s headquarters are in Massachusetts, and it has ~154 employees as of 2025 finviz.com. Business Model: VSee’s platform combines telehealth software with physician services to
Navan’s $6.5B IPO Set for Takeoff – TravelTech Unicorn Aims High, But Will It Deliver?

Navan’s $6.5B IPO Set for Takeoff – TravelTech Unicorn Aims High, But Will It Deliver?

Navan is a Palo Alto–based travel and expense management platform (formerly TripActions) that has expanded beyond corporate travel booking into payments and expense software. Its October IPO marks one of the first large travel-tech listings in 2025, aiming to capitalize on a rebounding business-travel market. In its S-1 filing, Navan projects about $537 million in revenue for 2024 (up from roughly $329M in H1 2025) ts2.tech, although it remains unprofitable due to high interest costs. At the proposed pricing, Navan would trade at roughly 13.8× trailing sales (8× 2026 forecast) ifre.com, well above peer multiples (SAP’s Concur is about 7.9×
Wall Street’s High-Stakes Gamble: Kalshi’s $300 Million Raise Ignites Prediction Market Wars

Wall Street’s High-Stakes Gamble: Kalshi’s $300 Million Raise Ignites Prediction Market Wars

Kalshi’s $300 Million Cash Infusion and Rapid Ascent Kalshi’s latest funding round – over $300 million at a $5 billion valuation – marks one of the largest bets yet on the emerging prediction market industry tradingview.com. The startup, founded by young MIT graduates in 2018, became the first federally regulated events exchange in the U.S. after gaining CFTC approval in 2020. Investors have now more than doubled Kalshi’s valuation since June, when it was valued at $2 billion following a $185 million Series C tradingview.com. The hefty new round was led by top-tier Silicon Valley firms Sequoia Capital and Andreessen Horowitz, joined by crypto-focused backers like
10 October 2025
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
AI Race Heats Up: Musk’s Showdown, $183B Startup & New Global AI Rules – Top Stories (Sept 3–4, 2025)

AI Race Heats Up: Musk’s Showdown, $183B Startup & New Global AI Rules – Top Stories (Sept 3–4, 2025)

Microsoft Launches In-House AI Models, Signaling Independence Microsoft announced it has built two powerful homegrown AI foundation models after years of relying on OpenAI. The company introduced MAI-Voice-1, a lightning-fast speech generator, and MAI-1-preview, a text model for its Copilot assistant semafor.com semafor.com. Mustafa Suleyman, now CEO of the Microsoft AI division, said this marks a strategic shift: “We have to be able to have the in-house expertise to create the strongest models in the world” semafor.com. The move pits Microsoft directly against OpenAI – its close partner turned rival – in the race for cutting-edge AI models semafor.com semafor.com.
AI Breakthroughs, Billion-Dollar Bets & Regulatory Showdowns – Aug 26–27, 2025 News Roundup

AI Breakthroughs, Billion-Dollar Bets & Regulatory Showdowns – Aug 26–27, 2025 News Roundup

AI Research & Innovation Climate modeling revolution: Scientists at the University of Washington unveiled an AI-driven climate simulator that compresses millennia of weather into hours. Dubbed DL-ESyM, the model couples two neural networks (for atmosphere and ocean) and was trained on historical data washington.edu. The result: it can accurately simulate 1,000 years of Earth’s climate in about 12 hours on a single processor washington.edu. (By contrast, a traditional climate supercomputer needs ~90 days to do the same.) This breakthrough promises cheaper, faster long-range climate forecasts. “We are developing a tool that examines variability in our current climate to ask: Is
27 August 2025
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
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
Go toTop