Discover funding options, tips, and finance insights for startups and businesses.
Transportation
General Motors (GM) announced it will cease funding for its Cruise robotaxi service, marking a significant shift in its autonomous vehicle strategy. The company will now prioritize developing self-driving technology for personally owned vehicles rather than operating commercial robotaxi fleets. Why GM Pulled the Plug on Cruise Cruise’s robotaxi
Media
BuzzFeed, once valued at nearly $2 billion, is now scrambling to address a $124 million debt crisis that could determine the company’s future. This pivotal moment may force the digital media pioneer to sell key assets, including its popular interview series "Hot Ones." The Debt Deadline Today
Semiconductors
Jeff Bezos has invested in Tenstorrent, a Canadian AI chipmaker led by Jim Keller, a renowned figure in semiconductor design. This investment is part of Tenstorrent's recent Series D funding round, which raised over $693 million, valuing the company at $2 billion. Other participants in this funding round
Business Insights
OpenAI, the innovative startup behind the widely popular ChatGPT, is setting its sights on a monumental milestone: reaching 1 billion users by the end of next year. This ambitious target reflects OpenAI's vision of becoming one of the most widely used platforms globally, rivaling tech giants like TikTok
Investing
Fidelity Investments recently increased the valuation of its stake in X (formerly Twitter) by 32%, signaling renewed confidence in the platform under Elon Musk’s leadership. Despite a rocky transition marked by declining ad revenue and competition from platforms like Meta’s Threads, this move suggests optimism about X’s
Funding
Sequoia Capital, a prominent venture capital firm, is confronting challenges that question the sustainability of its traditional business model. Historically, Sequoia has achieved remarkable success, with partners like Alfred Lin leading investments in groundbreaking companies such as OpenAI, a leader in artificial intelligence development. However, the venture capital market is
Branding
A strong domain name is crucial for startups seeking to establish credibility and attract funding. It serves as the digital address of a business, often forming the first impression for potential investors and customers. A memorable and relevant domain enhances brand recognition, creates trust, and can significantly impact a company&
Construction
The U.S. faces a massive housing shortage, with millions of homes needed to meet growing demand. However, builders are struggling to deliver. A combination of rising costs, labor shortages, and regulatory hurdles is stalling construction, even as home prices soar. The Housing Crisis in Numbers The U.S. currently
Entrepreneurship
Entrepreneurship is often seen as a pathway to freedom, creativity, and financial prosperity. However, starting and running a business comes with significant challenges, and many ventures fail to thrive. Recognizing the common pitfalls can help aspiring entrepreneurs increase their chances of success. Below are 5 critical reasons entrepreneurs fail and
Semiconductors
The U.S. government plans to reduce Intel's initial $8.5 billion federal chips grant to less than $8 billion. This adjustment considers a $3 billion contract offered to Intel for manufacturing chips for the Pentagon. Earlier this year, President Biden's administration announced nearly $20 billion
Investing
Billionaire investor Bill Ackman is renowned for his value-driven, long-term investment strategy, buying stocks he believes are undervalued and holding them until their prices reflect their true potential. His hedge fund, Pershing Square, recently added two significant investments: Nike and Brookfield Corporation. Ackman poured an estimated $2.2 billion into
Small Business
President Donald Trump's policies have significantly influenced small business borrowing in the United States. His administration's approach to taxation, regulation, and trade has created both opportunities and challenges for small business owners seeking financing. Tax Policies and Incentives The 2017 Tax Cuts and Jobs Act, enacted