Tag Archives: Startup
In the landscape of cancer treatment, clinical trials stand as beacons of hope, offering potential breakthroughs and extended lifespans for patients. Yet, despite the multitude of trials conducted annually in the United States, only a small fraction of eligible patients—3% to 5%—actually enroll in these investigational treatments. Triomics, a pioneering AI startup, aims to revolutionize this process, promising to drastically reduce the time it takes for doctors to match patients with appropriate trials.
In the fast-paced world of cybersecurity startups, Noname Security, a company specializing in safeguarding APIs, appears to be nearing a pivotal moment. Sources close to the matter suggest that Noname is deep in negotiations with Akamai Technologies for a potential acquisition deal valued at $500 million.
Named the Google.org Accelerator: Generative AI, the program will be backed by $20 million in grants and will initially involve 21 nonprofits. Among the participants are Quill.org, a company creating AI-powered tools for student writing feedback, and the World Bank, which is developing a generative AI app to enhance accessibility to development research.
StealthMole, an AI-powered dark web intelligence startup specializing in monitoring cyber threats and detecting cybercrime, has secured a $7 million Series A funding round. The Singapore-based startup, with an R&D office in South Korea, plans to use the funding to expand its R&D capabilities, support more commercial applications of its technology in the B2B sector, and expand geographically.
Stability AI founder and CEO Emad Mostaque has stepped down from his role and the company’s board, making it the second major change in the AI startup scene this week.
Cowboy’s new electric bike, the Cowboy Cross, is designed for comfort and long-distance trips, featuring a sleek design typical of Cowboy bikes. It boasts a fully integrated design with minimal maintenance, including hidden braking cables and carbon fiber belts. The bike’s standout feature is its custom-designed, large tires, paired with front fork and seat post suspensions for a smoother ride on rough terrain. The frame comes in step-over and step-through variants, with a variety of color options and a rear rack for additional utility.
ShopMy, a marketing platform enabling content creators to collaborate with brands and monetize their content, recently announced securing $18.5 million in funding. The investment will be utilized to further expand its network of 40,000 creators, including Alix Earle, a prominent influencer with over 10 million followers on TikTok and Instagram.
Apple has decided to halt its long-standing project to develop an autonomous electric car, with executives informing the team in a brief meeting on Tuesday morning. The company is expected to let go of hundreds of employees from the project team, and all work on the initiative has been stopped, according to sources.
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