Business
Startup airline Riyadh Air phases in cargo operations
Riyadh Air, a startup airline owned by Saudi Arabia’s PIF sovereign wealth fund, has established a cargo division to manage goods…
Tag
StartUp
Culture
Alibaba, Abu Dhabi set to invest in AI startup MiniMax’s US$600 million IPO
CHINESE artificial intelligence (AI) startup MiniMax has secured Alibaba and the Abu Dhabi Investment Authority as key backers in its…
Culture
Meta acquires Singapore-based startup Manus to bolster AI business
Meta Platforms has agreed to acquire Singapore-based artificial intelligence (AI) startup Manus, which makes an AI agent that it sells to…
Culture
ServiceNow agrees to buy cyber startup Armis for US$7.75 billion
The deal aims to deliver a strategic cybersecurity shield for real-time, end-to-end protection for all technology estates ServiceNow has…
Culture
ServiceNow nears up to US7 billion deal for cybersecurity startup Armis
ServiceNow is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as US$7 billion and would…
Culture
Intel nears US$1.6 billion deal for AI chip startup SambaNova
Intel is in advanced talks to acquire artificial intelligence (AI) chip startup SambaNova Systems for about US$1.6 billion, including…
Culture
Customer experience tech startup Toku files preliminary prospectus for Catalist IPO
It will use the proceeds to fund R&D, market expansion and to improve its financial position Technology startup Toku on Wednesday (Dec 10)…
Business
This Dutch train startup is launching with €10 tickets from Amsterdam to Berlin
Dubbed the ‘easyJet of the railways,’ Dutch startup GoVolta is trying to tempt passengers in with cheap train tickets when it launches in…
Culture
Ex-Twitter CEO Agrawal’s AI search startup Parallel raises US$100 million
AI STARTUP Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised US$100 million to build web search infrastructure…
Culture
Grab to invest US$60 million in remote driving tech startup Vay
Vay’s mobile app lets customers request for an EV to be delivered to their location, with the help of a remote driver Ride-hailing company…
Culture
Pfizer boosts profit view as it battles for obesity startup
Pfizer raised its 2025 profit forecast for the second time this year, as ongoing cost cuts helped make up for slow sales growth that’s…
Culture
NYSE parent nears deal for US$2 billion stake in crypto-based betting startup Polymarket: sources
INTERCONTINENTAL Exchange, the parent of New York Stock Exchange, is in talks to invest US$2 billion in Polymarket, The Wall Street…
Culture
Top Japan start-up Sakana AI touts nature-inspired tech
WHEN David Ha started an AI company in Japan with his former Google colleague, they had a choice: create another huge, energy-intensive…
Culture
Local startup MetaOptics Technologies lodges preliminary prospectus for Catalist IPO
MetaOptics Technologies, a Singapore-headquartered semiconductor optics startup, on Wednesday (Jul 30) lodged its preliminary prospectus…
Culture
SpaceX to invest US$2 billion in Musk's xAI startup
SpaceX has committed US$2 billion to xAI as part of a US$5 billion equity round, deepening the ties between tech billionaire Elon Musk’s…
Culture
FedEx partners Singapore startup QuikBot to deploy robots for deliveries in commercial areas
Courier and logistics giant FedEx has partnered home-grown startup QuikBot Technologies to deploy autonomous delivery robots to commercial…
Culture
AI chip startup Groq discusses US$6 billion valuation, The Information reports
semiconductor startup Groq has spoken to investors about raising between US$300 million and US$500 million at a US$6 billion…
Culture
Apple executives have held internal talks about buying AI startup Perplexity
Apple executives have held internal discussions about potentially bidding for artificial intelligence (AI) startup Perplexity AI, seeking…
Culture
Meta finalises investment in Scale AI, valuing startup at US$29 billion
META Platforms has finalised an investment in Scale AI that values the startup at over US$29 billion, Scale AI said on Thursday. Two…
Culture
Musk hits back at OpenAI’s claim he’s on quest to harm startup
Elon Musk fired back at OpenAI’s accusation that he has been waging a “relentless” campaign for more than a year to damage the startup. In…
Business
Saudi Arabia Hires Startup to Develop Brain-Computer Control Implants
A brain-computer interface (BCI) startup called Paradromics, a competitor to Elon Musk's Neuralink that's aiming to control computers…
Business
Startup associations call for Europe to unite behind AI development
Europe must not fall behind in the development of artificial intelligence (AI), startups France Digitale and the European Startup Network…
News
Who Is Liang Wenfeng, the Founder of the A.I. Start-Up DeepSeek?
In technology, many entrepreneurs get only one defining act. Liang Wenfeng, the founder of DeepSeek, is already on his second. The…
Fashion
Son of Concorde: Supersonic Jet Made by Aviation Startup Breaks Sound Barrier for the First Time and Will Fly from NYC to London in 3.5 Hours
A supersonic jet, dubbed the 'Son of the Concorde,' has officially surpassed the speed of sound for the first time. The XB-1 demonstrator…