Tag: startup

Friend delays shipments of its AI companion pendant

Friend, a startup creating a $99, AI-powered necklace designed to be treated as a digital companion, has delayed its first batch of shipments...

Chinese AI company MiniMax releases new models it claims are competitive with the industry’s best

Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMax,...

HR software startup OnPay was inspired by the founder’s family payroll business

In 2007, Jesse Burgess joined his family’s payroll business. He quickly noticed that the business’ six payroll clerks were getting bogged down by...

FTC orders AI accessibility startup accessiBe to pay $1M for misleading advertising

The U.S. Federal Trade Commission (FTC) has fined accessiBe, a startup that claims to make websites more compatible with the screen readers blind people...

Tech services firm WWT acquires Canadian IT provider Softchoice in all-cash deal

One last mega-deal closed out an eventful 2024. On Tuesday, World Wide Technology (WWT), a tech services company based in St. Louis, announced...

Perplexity has reportedly closed a $500M funding round

AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that...