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Larry Ellison’s leap into farming with his company, Sensei Farms, serves up a classic reminder: being a genius in one arena doesn’t mean success in another. As the WSJ reports, the Oracle co-founder set out to reinvent agriculture on Hawaii’s Lāna‘i Island, which he scooped up for $300 million back in 2012. Eight years and…
As school districts struggle to support the mental health of their students, a startup called Sonar Mental Health has built a “wellbeing companion” called Sonny to help. As described in the Wall Street Journal, Sonny is a chatbot that relies on a combination of human staff and AI. When students text their questions to Sonny,…
The criminal trial against fintech startup founder Charlie Javice began on Friday, with lawyers laying out their opening arguments, Reuters reported. Lawyers reiterated their original claims and defenses from the lawsuit filed by JPMorgan Chase against Javice in December of 2022. The financial services giant alleges that Javice had helped “fake millions of customers in…
Creating corporate training videos for software is a time-consuming ordeal, especially if you’re an organization with a lot of software licenses. Training videos can help get employees up to speed, but they’re a big lift. They often take entire teams to produce. Tel Aviv-based entrepreneur Yoav Einav thought there might be an alternative, cheaper way…
Safe Superintelligence, an AI startup founded by former OpenAI chief scientist Ilya Sutskever, could be close to raising more than $1 billion at a $30 billion valuation — a higher valuation than reported just weeks ago. Bloomberg reports that VC firm Greenoaks Capital Partners is leading the deal and pledging to invest half a billion…
As gaming platforms like Roblox and Minecraft continue to grow in popularity among young children, and with platforms like YouTube consuming hours of their daily screen time, edtech companies face challenges in capturing their attention. Polymath aims to tackle this by combining gamified mechanics inspired by these popular games with adaptive math lessons to make…
Silicon Valley-based robotics startup Figure AI is in talks to raise a massive $1.5 billion round at a $39.5 billion valuation, Bloomberg reports. That’s a whopping 15 times higher than Figure’s $2.6 billion post-money valuation for its $675 million Series B last year. Figure’s current round is expected to be led by Align Ventures and…
SailPoint’s IPO on Thursday was a disappointment for anyone hoping it would indicate that tech IPOs are hot again. The first day’s trading ended below the $23 initial price. The stock fared a tad better Friday, closing at over $24. But that’s nothing close to the big bang companies and VCs hope for. For instance,…
A consortium of investors led by Elon Musk’s x.AI offered to buy OpenAI for $97.4 billion this week. OpenAI CEO Sam Altman has dismissed the proposal, which would gum up OpenAI’s planned conversion from a nonprofit, something Musk is attempting to block in a lawsuit. Altman’s lawyers argued in a Wednesday filing that Musk can’t…
As Africa’s tech ecosystem booms, more local talent is landing remote jobs with Big Tech firms and global startups. But getting paid remains a challenge for many of these freelancers and remote workers. They struggle to open accounts that accept US dollars, with foreign employers using incompatible payment platforms, and face slow invoicing and payment…