Business
Alibaba, Abu Dhabi set to invest in AI startup MiniMax’s US$600 million IPO
CHINESE artificial intelligence (AI) startup MiniMax has secured Alibaba and the Abu Dhabi Investment Authority as key backers in its…
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StartUp
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Meta acquires Singapore-based startup Manus to bolster AI business
Meta Platforms has agreed to acquire Singapore-based artificial intelligence (AI) startup Manus, which makes an AI agent that it sells to…
Business
Meta to acquire Singapore-based startup Manus, adding agents to bolster AI bet
AI agents are tools that do not need human supervision to perform specific digital tasks Meta Platforms has agreed to acquire…
Business
ServiceNow agrees to buy cyber startup Armis for US$7.75 billion
The deal aims to deliver a strategic cybersecurity shield for real-time, end-to-end protection for all technology estates ServiceNow has…
Business
Inside the stunning collapse of Believer Meats, the $600 million lab-grown meat startup
Last month, Believer Meats was basking in acclaim. The startup had just secured final U.S. government approval for what it billed as…
Business
Stretch fabric is nearly impossible to recycle—but this startup just made it simple
Stretch fabrics are notoriously hard to process. When your old leggings wear out, they will probably end up in a landfill—even if you try…
Business
ServiceNow nears up to US7 billion deal for cybersecurity startup Armis
ServiceNow is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as US$7 billion and would…
Business
Intel nears US$1.6 billion deal for AI chip startup SambaNova
Intel is in advanced talks to acquire artificial intelligence (AI) chip startup SambaNova Systems for about US$1.6 billion, including…
Business
Customer experience tech startup Toku files preliminary prospectus for Catalist IPO
It will use the proceeds to fund R&D, market expansion and to improve its financial position Technology startup Toku on Wednesday (Dec 10)…
Business
How one controversial startup hopes to cool the planet
Stardust Solutions believes that it can solve climate change—for a price. The Israel-based geoengineering startup has said it expects…
Business
This startup hired a sci-fi novelist to give its AI companions a soul
When Quentin Farmer was getting his startup Portola off the ground, one of the first hires he made was a sci-fi novelist. The co-founders…
Business
The billion-dollar AI startup rejecting 996 hustle culture
As startups race to keep up with advances in artificial intelligence, some of them seem to be borrowing from China’s exacting work…
Business
Warner Music Group and AI startup Udio reach agreement in fight over copyrighted music
Warner Music Group on Wednesday said it reached an agreement with artificial intelligence startup Udio, ending a legal battle over…
Business
‘A parent’s worst nightmare’: Lawsuits pile up against ByHeart baby formula startup after wave of infant illnesses
Last week, the baby nutrition company ByHeart recalled all of its infant formula over concerns that it may be contaminated with…
Business
Jeff Bezos to co-lead AI startup Project Prometheus, raising $6.2 billion
Jeff Bezos will serve as co-chief executive officer of a new artificial intelligence startup that focuses on AI for engineering and…
Business
Ex-Twitter CEO Agrawal’s AI search startup Parallel raises US$100 million
AI STARTUP Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised US$100 million to build web search infrastructure…
Business
MSNBC is changing its name and embracing the ethos of a startup
Asked what viewers should expect when television’s MSNBC makes its corporate divorce from NBC News final this weekend, network president…
Business
Grab to invest US$60 million in remote driving tech startup Vay
Vay’s mobile app lets customers request for an EV to be delivered to their location, with the help of a remote driver Ride-hailing company…
Business
Disney’s startup accelerator is about more than accelerating startups
Hello again, and thank you for reading Fast Company’s Plugged In. In 2013, David Min came to Disney CEO Bob Iger with a big idea. Min, a…
Business
‘De-extinction’ startup Colossal Biosciences makes its first acquisition: a company that clones pets
The cloning industry is contracting—ironically, perhaps. On Tuesday, Colossal Biosciences announced that it has acquired ViaGen Pets and…
Business
Pfizer boosts profit view as it battles for obesity startup
Pfizer raised its 2025 profit forecast for the second time this year, as ongoing cost cuts helped make up for slow sales growth that’s…
Business
Universal Music Group settles with AI music startup Udio
Universal Music Group said Wednesday it has reached licensing agreements with artificial intelligence music startup Udio, settling a…
Business
Navan IPO: Stock price will be closely watched today as travel startup goes public on the Nasdaq amid the shutdown
I-P-Go! Navan, a travel-tech firm based in Silicon Valley, priced its initial public offering at $25 per share, raising roughly $923…
Business
This startup is about to conduct the biggest real-world test of aluminum as a zero-carbon fuel
The initial pilot will use the engine to supply hot steam and hydrogen. But the energy released in the reactor could be put to use in a…