Elon Musk has established a new company focused on artificial intelligence named X.AI

According to a state filing, Elon Musk has formed a new artificial intelligence firm called X.AI Corp. that is incorporated in Nevada. The company has authorized the sale of 100 million shares for private ownership, and Mr. Musk is the sole listed director, while Jared Birchall, the director of Musk's family office, serves as the secretary.

United States

Elon Musk has established a new company focused on artificial intelligence named X.AI

United Kingdom

Octopus Ventures Funds Little Journey App with £2.5m Helping Children Worldwide Combat Pre-Surgery Stress and Anxiety

United States

Teamworks has acquired ARMS Software after closing a $65 million Series E funding round

Teamworks, an enterprise SaaS company serving elite sports and tactical organizations globally, has announced a Series E funding led by Dragoneer Investment Group, a San Francisco-based, growth-oriented investment firm.

Ireland

SuperNode has secured €16 million in funding to further its tech development efforts

SuperNode, Eddie O'Connor's company specializing in power transmission technology, has secured an extra €16 million in funding from its Norwegian co-owner and the entrepreneur himself. O'Connor, who established SuperNode, previously sold a controlling interest in his Mainstream Renewable Power group to Aker Horizons from Norway in 2021, resulting in a

Startup Ecosystem

The Reason Why Europe’s Deep Tech Startups Are Struggling To Scale

According to investors, the lack of late-stage capital and risk appetite are hindering the growth of domestic Deep Tech leaders, despite European governments committing substantial amounts of capital to boost regional startups focused on tangible engineering innovation or scientific advances with the potential to disrupt various industries.

United States

Reach Capital shatters records with largest fund ever despite edtech industry slump

Despite a significant slowdown in the sector, Reach Capital, one of the leading venture capital firms focused on educational technology, has raised its largest fund to date.

France

Paris-Based Startup Pricemoov Secures €9.1M To Revolutionize Pricing Decisions For Businesses

Pricemoov, a Paris-based cloud-based firm specializing in providing intelligent pricing solutions, revealed that it has secured approximately €9.1M ($10M) in a Series A funding round.

Austria

New investor Loonshot Ventures grabs the pearls of the startup scene

A new domestic startup investor recently opened its doors, pardon office space. Loonshot Ventures GmbH, based in Tyrol and Vienna, is the new star in the investor sky.

Germany

Revolutionary Fintech Firm Finanzguru Nets €13 Million In Funding Round With PayPal Ventures And SCOR Ventures On Board

Finanzguru, a Germany-based fintech firm and the top holistic financial advisor in Germany enabled by open banking, has secured €13 million in funding. The funding round was spearheaded by new investors, SCOR Ventures and PayPal Ventures, and participated in by existing investors, such as Deutsche Bank, coparion, VR Ventures, Hannover

Germany, United States

GaeaStar Secures $6.5 Million In Seed Funding For Its Eco-Friendly Clay Cups And Bowls Using 3D Printing Technology

GaeaStar is influenced by the ancient Indian culture and employs 3-D printing technology to fabricate cups and bowls utilizing clay, water, and salt. These containers decompose into dust after disposal, creating no detrimental waste.

The best Articles in our Network

Canada

Elon Musk has established a new company focused on artificial intelligence named X.AI