[ad_1] Two acquisitions and several new products are supporting Mastercard’s ongoing innovation efforts. “All that we’re doing on strengthening our product solutions and our acquisitions … is going to be the way for us to win,” Chief Executive Michael Miebach said during Mastercard’s Q3 earnings call today. Mastercard has announced these recent deals: On Oct. […]
[ad_1] Opinions expressed by Entrepreneur contributors are their own. In the business world, it often seems like startups go from idea to billion-dollar valuations in the blink of an eye. But these overnight success stories, while inspiring, often mask a crucial truth: Building a great, sustainable business takes time, often much more time than most […]
[ad_1] Opinions expressed by Entrepreneur contributors are their own. Embarking on the entrepreneurial journey is an exhilarating step toward creating a legacy. However, the stakes are high — it’s almost common knowledge that 90% of startups fail. A recent survey by Failory looked into the why behind this number in 2024. Over half of the […]
[ad_1] Eric Lander is a Big Science heavyweight. A geneticist, molecular biologist, and mathematician, he led the International Human Genome Project and is founding director of the powerful Broad Institute of MIT and Harvard. His countless accolades include a MacArthur “genius” grant and 14 honorary doctorates. When Joe Biden became president, he tapped Lander to […]
[ad_1] Opinions expressed by Entrepreneur contributors are their own. After recent conversations with Y Combinator alumni and other promising entrepreneurs, I hear many of them have no plans to raise venture capital — ever. While raising funds is often crucial, bootstrapping is an approach every entrepreneur should consider. Contrary to the “move fast and break […]
[ad_1] OpenAI recently secured $6.6 billion in funding at a valuation of $157 billion, but it’s far from the only AI company with high fundraising potential. Investors poured $2.9 billion from July to September (Q3) of 2024 into the latest U.S.-based AI startups, per PitchBook data. The three startups in the U.S. that received some […]
[ad_1] Oriole Networks, a British company with plans for a completely new networking infrastructure for AI supercomputing clusters that is based on using light instead of electricity to transmit data, has raised $22 million from the London-based venture capital firm Plural. Photonics, which is the science of generating, manipulating, and detecting light, is suddenly a […]
[ad_1] German innovation is not limited to the country’s capital. In fact, some of this year’s most prolific startups are based hundreds of miles away. The AI startup Alpha Alpha hails from Heidelberg. Helsing, which sells AI to Europe’s militaries, was set up in Munich. Yet both companies operate Berlin offices. The city attracts too […]
[ad_1] In the “Startup-up, Scale-up” review report published last year, chancellor Rachel Reeves promised to make Britain the “high growth, start-up hub of the world”. Now, almost six months into the new government, entrepreneurs remain encouraged by the promises made in the Labour manifesto. “The ambition embodied in Great British Energy and the 2030 decarbonization […]
[ad_1] When investors poured $6.6 billion into OpenAI last week, they seemed largely unbothered by the latest drama, which recently saw the company’s chief technology officer, Mira Murati, along with chief research officer Bob McCrew and Barret Zoph, a vice president of research, abruptly quit. And yet those three departures were just the latest in […]
[ad_1] TWAIN HARTE, Calif. -This is the tinderbox of the Sierra Nevada. It’s early June, the temperature is 97 degrees Fahrenheit and the air shimmers over dead trees choked in brush. In the Stanislaus National Forest, logging roads wind through firs and ponderosa pines, past 20-foot-tall burn piles — tons of scrap wood not worth […]
[ad_1] OpenAI chief technology officer Mira Murati resigned on Wednesday, saying she wants “the time and space to do my own exploration.” Murati had been among the three executives at the very top of the company behind ChatGPT, and she was briefly its leader last year while board members wrestled with the fate of CEO […]
[ad_1] It’s also true that when one of those groundbreaking companies matures and faces challenges, a founder has a unique ability to make bold moves and stick to the original vision when others urge a less risky course. There are certainly cases where companies struggled when founders were replaced by managers. Remember Yahoo? And of […]
[ad_1] It always seemed difficult for the newspaper where I used to work, The Garden Island on the rural Hawaiian island of Kauai, to hire reporters. If someone left, it could take months before we hired a replacement, if we ever did. So, last Thursday, I was happy to see that the paper appeared to […]
[ad_1] Jensen Huang prepares to throw out the ceremonial first pitch before the game between the San Francisco Giants and the Arizona Diamondbacks at Oracle Park on Sept. 03, 2024 in San Francisco. Lachlan Cunningham/Getty Images There’s no question that Nvidia (NVDA) is one of the biggest winners of the A.I. boom so far. Funneled […]
[ad_1] In a late-stage economy dominated by established players, opportunity for new economic entrants can be bleak. So we went our own way. In the fall of 2022, at 19 and 22, we dropped out of Vanderbilt to establish Movement Labs. A year later, in the fall of 2023, we secured $3.4 million in pre-seed […]
[ad_1] Leah Solivan was an IBM engineer, working on business collaboration tools like Lotus Notes, when she found her million-dollar startup idea: an online marketplace connecting customers with “taskers” who could run errands or do household chores for them at a price. The idea arose from Solivan running out of dog food one night and […]
[ad_1] Elon Musk’s neurotechnology company has implanted a brain device into a second patient. Fakurian Design/Unsplash Earlier this year, Elon Musk’s brain-computer interface startup Neuralink implanted a brain chip, around the size of a quarter, into a human patient for the first time. The company has since completed a second human brain implant and plans […]
[ad_1] Many of yesterday’s talks were littered with the acronyms you’d expect from this assemblage of high-minded panelists: YC, FTC, AI, LLMs. But threaded throughout the conversations—foundational to them, you might say—was boosterism for open source AI. It was a stark left turn (or return, if you’re a Linux head) from the app-obsessed 2010s, when […]
[ad_1] This week, Sam Altman, CEO of OpenAI, and Arianna Huffington, founder and CEO of the health company Thrive Global, published an article in Time touting Thrive AI, a startup backed by Thrive and OpenAI’s Startup Fund. The piece suggests that AI could have a huge positive impact on public health by talking people into […]
