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Mathematician and scientist Stephen Wolfram grew up in a household where his mother was a philosophy professor at Oxford University. As such, his younger self didn't want anything to do with the subject, but an older and perhaps wiser Wolfram sees value in thinking deeply about things. Now he w

Eruditus, an Indian edtech startup, is in advanced stages of talks to secure about $150 million in new funding, two sources familiar with the matter told technewss, in what would be the largest fundraise by an Indian education firm in years. TPG, a major private equity player, is discussing to l

This past week was a wild one in the world of fintech as Bolt surprised the industry with a leaked term sheet that revealed it is trying to raise $200 million in equity and an unusual, additional $250 million in “marketing credits.”  As part of this deal, Bolt wanted a $14 billion valuati

Boeing's Starliner mission is coming back to Earth — empty. After months of data analysis and internal deliberation, NASA leadership announced today that Starliner will be coming back to Earth in September, without a crew. Meanwhile, astronauts Butch Wilmore and Sunita Williams will remain o

A surprising number of “iPad kids” — aka Generation Alpha's 7- to 9-year-old demographic — are using X, according to new data from parental control software maker Qustodio. The firm found that over 30% of this group of children have an X account. Qustodio theorizes that X may be gaining

A court order recently forced Elon Musk’s X to reveal its full list of shareholders, as of June 2023, to the public. Many of the recognizable tech industry names had already been reported as backers of Musk's effort to buy the social media company then known as Twitter and take it privat

VCs are increasingly buying shares of late-stage startups on the secondary market as they try to get pieces of the hottest ones — especially AI companies. But they are also increasingly doing so through financial instruments called special purpose vehicles (SVPs). Some of those SPVs are becoming

Startups overall are still facing strong headwinds when it comes to raising venture capital funding. Q2 was only a modest improvement on the low points of the previous two quarters, according to Crunchbase. But there is one category that still seems to be opening doors — and checkbooks: AI.

Mical Jeanlys-White built WealthMore out of frustration.  She spent years on Wall Street, building products at American Express and serving as a managing director at JPMorgan Chase. She realized the finance industry still had a long way to go when it came to helping consumers build and unders

Automatically disappearing posts on social networks could be handy for users who have a habit of deleting their posts through third-party tools, or if the context of those posts is short-lived. Earlier this month, Threads said it was testing ephemeral posts only as an internal prototype. Now the co

Colorful Capital, which launched in 2022 to focus on investing in LGBTQIA+-identifying founders, will end its attempts at raising a fund, according to an email seen by technewss. It's unclear if the firm is shutting down for good.  Colorful Capital's co-founders, William Burckart and

AI models are being applied to every dataset under the sun but are inconsistent in their outcomes. This is as true in the medical world as anywhere else, but a startup called Piramidal believes it has a sure thing with a foundational model for analyzing brain scan data. Co-founders Dimitris Sakell

Welcome to Startups Weekly — your weekly recap of everything you can't miss from the world of startups. Want it in your inbox every Friday? Sign up here. Despite it being summer, this week was rich with announcements. Let’s dive in. Most interesting startup st

The family of powerhouse venture capitalist Marc Andreessen, one of the investors behind the hoped-for California Forever utopian city in Solano County, California, is planning a substantial community development in the area, technewss has learned. Andreessen is married to Laura Arrillaga-An