startups
“AI washing” threatens to overinflate expectations for the technology – Axios
Zealous marketing departments, capital-hungry startup founders and overeager reporters are casting the futuristic sheen of artificial intelligence over many products that are actually driven by simple statistics — or hidden people. Why it matters: This “AI washing” threatens to overinflate expectations for the technology, undermining public trust and potentially setting up the booming field for …
Tech start-ups come with prior advantage
The Airbnb website. In 2016 Airbnb was officially sanctioned by the Dubai Tourism authority with Ras Al Khaimah following suit in January and signing an agreement with the US start-up. Image Credit: Ahmed Ramzan/ Gulf News Startups and tech companies such as Uber, Airbnb, Gojek, Bird and Compass operate in many cities and often multiple …
Investors break down hottest opportunities in sports betting, startups
Gaming, media, and tech companies are clamoring to corner pieces of the US sports betting market, which Morgan Stanley estimates could generate $7 billion in revenue by 2025. The opportunity pierced the US about a year and a half ago, when the US Supreme Court struck down a federal ban against sports gambling, and opened the …
Socially conscious startups can make money and save the world at the same time
More Madison Magazine When asked as a kid, “What do you want to be when you grow up?” I intuited there were only two possible answers: Get rich or help people. It was assumed you couldn’t do both. Fast-forward four decades to last fall when my daughter started college. As she weighed her career options …
Daiichi Sankyo sues Seattle Genetics over antibody-drug conjugate technology
A Japanese drugmaker is suing a U.S.-based biotech company over the latter’s claims to intellectual property dating back to a now defunct partnership between the two. Tokyo-based Daiichi Sankyo said Monday that it had sued Seattle Genetics in the District Court of Delaware after it said Seattle Genetics laid claim to intellectual property rights related …
Six energy startups showcase sustainable technologies and innovations at Ameren Accelerator Demo Day
ST. LOUIS, Nov. 4, 2019 /PRNewswire/ — Entrepreneurs from six startup companies around the United States and the world will showcase innovative solutions for a smarter and more sustainable energy future today in St. Louis. It’s all part of the culmination of the 2019 Ameren Accelerator program, an innovative public-private partnership between Ameren Corporation (NYSE: AEE), …
Octopus Ventures’ investment strategy includes ‘taboo’ healthcare startups – TechCrunch
With $1.3 billion in assets under management and a $280 million early-stage fund that closed in 2018, Octopus Ventures is carving out a niche for itself in healthcare investments in the U.S., the U.K. and Asia. One of the key members of the Octopus team is Will Gibbs, an investor with the firm since 2013, …
Startups, forget about the technology
Soon after Brian Chesky graduated in 2007 with a degree in industrial design, he moved from Rhode Island to San Francisco. He was shocked by the cost of living, at one point owing $1,200 for his share of the rent for an apartment, but with only $1,000 in his bank account. Chesky saw an ad …
7 exciting start-ups based in the Galway Technology Centre
In our latest look at Galway’s tech ecosystem, we round up some of the start-ups based in the Galway Technology Centre. Throughout October, we’ve been looking at the best of the west. Over the course of the month, we have rounded up 10 of NUI Galway’s most remarkable spin-outs, and some of the best data …
South Korean startups gather momentum | Technology
In a country where the biggest companies are still king, Seoul’s burgeoning startup sector is finding its feet. Out in the west of the South Korean capital, a nine-storey building dressed in bright colours with a giant red bull outside is home to more than 100 startups. From one-person operations running out of a locker …
