Apple is reportedly finalizing a deal to acquire the talent and technology of computer vision startup Prompt AI. The deal is set to impact employees and users of Prompt's Seemour app, which will be discontinued.
New data reveals that AI is on track to dominate venture capital investments in 2025, potentially accounting for over half of all VC funding. With 62.7% of recent U.S. investments going to AI, the landscape is changing drastically.
Naveen Rao, ex-Databricks AI head, is raising $1 billion for Unconventional, Inc., a startup aiming to redefine computing and challenge Nvidia. With significant backing and an innovative vision, Rao is set to revolutionize AI.
Charlie Javice, convicted of defrauding JPMorgan Chase during the sale of her startup Frank, has been sentenced to over seven years in prison. The scandal involved falsified customer data, leading to a massive financial loss for the bank.
Charlie Javice, once hailed as a fintech innovator, has been sentenced to seven years in prison for defrauding JPMorgan Chase of $175 million. Her story unfolds as a cautionary tale of ambition gone wrong.
In a stunning turn of events, Charlie Javice, founder of fintech startup Frank, has been sentenced to over 7 years in prison for defrauding JPMorgan Chase by inflating customer numbers before its $175 million acquisition.
The recent introduction of a $100,000 fee for H-1B visa applications has left small firms and startups in distress, fearing it could stifle innovation and economic growth. As the tech giants adapt, smaller businesses grapple with the financial burden, impacting hiring practices across various sectors.
Modular, an AI startup, has raised $250 million, tripling its valuation to $1.6 billion. The company aims to disrupt Nvidia's AI software dominance by enabling developers to run applications across different chip platforms.
The Trump administration's new $100,000 fee for H-1B visas has sparked discussions among tech companies about moving jobs overseas. With recruitment on hold, experts warn of risks to innovation and the startup ecosystem.
Crypto infrastructure startup Zerohash has raised $104 million in a Series D funding round led by Interactive Brokers, gaining support from major financial firms like Morgan Stanley and SoFi. The company aims to accelerate blockchain technology adoption.
