startup

SoftBank Vision Fund to Invest $1B into Face Recognition SenseTime

SoftBank Vision Fund to Invest $1B into Face Recognition SenseTime

SoftBank’s Vision Fund is looking to invest almost USD 1 Billion in China-based SenseTime Group for a stake in the world’s most valuable artificial intelligence startup, according to people familiar with the matter. The two companies are..

Venture Capitalist Firm to Raise Next Largest European Fund

Venture Capitalist Firm to Raise Next Largest European Fund

Venture capitalist firm Lakestar is attempting to raise the next largest European fund for startup investments. Lakestar is targeting around USD 800 Million in investments, according to three people with knowledge of the matter. There’s no cer..

Lab-Grown Meat, backed by Bill Gates & Tyson Foods, Meets FDA

Lab-Grown Meat, backed by Bill Gates & Tyson Foods, Meets FDA

There are lab-grown meat startups relying on animal cells to produce beef, poultry and seafood products for consumers. Companies like Memphis Meats Inc. and Future Meat Technologies have taken advantage of creating cultured meat, an alternative to r..

Ford teams with startup to be “Waze” for Autonomous Cars

Ford teams with startup to be “Waze” for Autonomous Cars

San Francisco-based startup RideOS raised $9 million from venture firm Sequoia Capital and has reached a partnership with a division of Ford Motor Company (NYSE: F), it said on Friday. RideOS was started by two former Uber Technology Inc. employees,..

Ant Financial Valued at $150 Billion After Raising $14 Billion to Accelerate Globalization

Ant Financial Valued at $150 Billion After Raising $14 Billion to Accelerate Globalization

The operator of Alipay, China’s biggest online payment platform, Ant Financial Services Group, owned by Alibaba Group Holding Ltd (NYSE: BABA), said that they have raised about $14 billion from domestic and international investors in Series C ..

Coinbase releases Cryptocurrency Tax tool

Coinbase releases Cryptocurrency Tax tool

Coinbase the startup which has become the go-to exchange for many newcomers who are looking to invest in the technology has released a gain/loss calculator to help users meet the newly placed U.S. tax requirements.Recently as the IRS has begun to cr..