Stability AI open sources its AI-powered design studio

Stability AI, the AI startup behind the text-to-image model Stable Diffusion, this week announced the release of StableStudio, an open source version of DreamStudio, Stability AI’s commercial AI-powered design suite. In a blog post, Stability AI writes that it hopes to “foster a project

SoftBank launches new fund to raise and invest $150 million in Black and Latino-led startups

SoftBank has launched a second fund under its Opportunity Growth Fund to raise and invest $150 million in Black and Latino-led startups. The Japanese conglomerate is also rebranding the effort, calling it “Open Opportunity Fund,” and has appointed Paul Judge as the fund’s chairman

A comprehensive list of 2023 tech layoffs

Last year's techwide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. Startups, too, have announced cuts

Retail media targeting on the AI maturity curve

As the retail sector grows increasingly reliant and focused on data and artificial intelligence (AI), it's essential that retailers understand exactly how first-party data analysis can be crystalized into insights on customer behavior – and, in turn, a tangible competitive advantage. To that

Swiggy’s food delivery business reaches profitability

India’s Swiggy said on Thursday that its marquee food delivery business has become profitable, eclipsing its publicly listed rival Zomato on another key metric a day before the firm is set to report its quarterly earnings. The Bengaluru-headquartered startup — which counts Prosus Ventur

Climate risk startup Mitiga gets $14.4M to help businesses face an uncertain future

One pretty obvious aspect of the climate emergency which may have flown under your radar is that human-driven global heating is disrupting traditional approaches to risk modelling around natural disasters since probabistic models based on stuff that happened in the past start to come unstuck atop s

5 investors discuss what’s in store for venture debt following SVB's collapse

There are many questions around the implications of Silicon Valley Bank’s (SVB) collapse that won’t be answered for a long time. But there's one question that many startups and investors are hoping will get answered sooner rather than later: What happens to venture debt? SVB was one

Ask Sophie: Which visas are best for US startup accelerators?

Here’s another edition of “Ask Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says S

From root to crown, Mast Reforestation is regrowing the tree economy for the 21st century

Here’s the problem: The planet is burning, and there’s not much we can do about it. Forests are in peril not just because of the ravages of climate change, but because the industries that support them remain traditional and under-resourced. Mast Reforestation is building a tech-forward

AI touches everything, everywhere all at once at Disrupt

Like it or not, AI is part of our lives from here on out — for better or worse. In the past six months alone, technewss has written nearly 600 articles focused on the impact of AI technology in our lives across industries as varied as film, healthcare, marketing and supply chains to name but a f

Uber launches private chartered boats in Mykonos

Uber’s getting into boats. Well, more into boats than it was previously. At Uber’s third annual Go-GET product event Wednesday in New York City, the ride-hailing company announced that it’ll soon launch boat travel in Greece, giving vacationers — and boat lovers — the

To hire your first startup employee, begin with a list of 1,500 people

The best way to hire someone for your startup is through your own network, but even the most well-connected startup founder will find themselves tapped out pretty quickly. So what is a founder to do if they want to find a good candidate? Recruiting firms can be really good at finding candidates if

Disrupt 2023 Audience Choice voting ends today

Today is the last day to cast your vote for Audience Choice roundtables and breakouts at Disrupt 2023. Voting ends at 11:59 pm PDT tonight. You pick the sessions you want at technewss Disrupt 2023 Specifically, you help decide which of the 17 roundtable discussions and 15 breakout sessions will ea

Here's what I learned while leading a bootstrapped startup to $40M ARR

Building a profitable business during a period of economic uncertainty is nothing short of intimidating. But contrary to popular belief, it's not impossible. Bootstrapping a startup is one of the effective means of building a self-sustaining and successful business, especially as VC investments