Nikola Corp., a producer of battery and hydrogen-electric trucks, has taken several steps to repay its debts and raise equity, including offering up to $100 million in a common stock sale. The beleaguered company is…
ByteDance and TikTok filed an emergency motion on Monday asking an appeals court to temporally block the law that would ban TikTok in the U.S. unless the social network divests from Chinese ownership by January…
OpenAI is in the holiday spirit, it seems. The ChatGPT series of reveals, called “12 Days of OpenAI,” will be livestreamed at 10 a.m. PT each weekday through December 23. Day one of the event…
Artivion, a medical device company that manufactures implantable tissues for cardiac and vascular transplant applications, says its services have been “disrupted” due to a cybersecurity incident. In an 8-K filing with the SEC on Monday,…
Podcast recording platform Riverside said Monday that it has raised $30 million in Series C funding led by Zeev Ventures, with participation from Seven Seven Six, and angel investor Sam Lessin. The company wants to…
Do we really need another social media app for college students? With the looming TikTok ban in the U.S., a new app called Connyct seems to think so. Connyct closely resembles the popular short-form video…
It seems that users in the EU and UK won’t get access to Sora, OpenAI’s video generator, at launch. A newly published help page on OpenAI’s website listing the supported regions for Sora “on web…
When it comes to market capitalization, Nvidia is currently the second-biggest public company in the world, behind Apple. That’s why all eyes are on Nvidia these days. And now, as Bloomberg spotted, China Central Television,…
Audrey Djiya and Peter Nsaka always wanted to be founders. Djiya’s parents, grandparents, and great-grandparents were all entrepreneurs, and even as she took a consulting job after college, she kept an idea journal, documenting the…
A U.S. breast-screening program claims to demonstrate the potential benefits of using artificial intelligence (AI) in mammography screening, with women who paid for AI-enhanced scans 21% more likely to have cancer detected. DeepHealth, an AI…
The next generation of New York City investors are already making their mark in the Big Apple. They come from big-name venture firms like Female Founders Fund and Lerer Hippeau and smaller ones like Chai…
Many VCs, particularly newer firms, readily admit that 2024 has been a challenging year for raising fresh capital. Dimension Capital, a two-year-old venture outfit, had a different experience when raising its second fund. “Every investor…