Topic: business model
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Dubai's WheelsOn Secures $12.5M to Expand Deposit-Free Car Rentals
WheelsOn, a Dubai-based deposit-free car rental service, raised $12.5 million in funding, valuing the company at nearly $30 million and reflecting strong investor confidence. The company owns and manages its entire fleet, offering flexible rental terms and leveraging proprietary technology to eli...
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Cequence Security Supercharges Channel Program for API & AI Security Growth
Cequence Security has transitioned to a channel-only business model, expanding its Partner Program with structured tiers, enhanced resources, and incentives to accelerate growth in API and AI security. The program addresses key customer challenges by simplifying API security through the Unified A...
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Oracle Plunges as Wall Street Punishes Its Massive AI Gamble
Oracle's aggressive AI expansion, including massive investments in data centers and chip infrastructure, has led to a sharp decline in its stock and bond prices as investors grow concerned. The company's shares have dropped 25% in the past month, erasing over $250 billion in market gains, while i...
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India's Arya.ag Thrives with Investors Despite Falling Crop Prices
Arya.ag, an Indian agritech firm, raised $81 million in Series D funding, demonstrating resilience by avoiding direct commodity speculation and remaining profitable despite sector volatility. The company empowers farmers by providing local storage to use grain as collateral for loans and connects...
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Meesho's $606M IPO Soars Amid India E-Commerce Boom
Meesho's IPO debuted strongly with shares surging 46%, raising $606 million and achieving an $8.69 billion valuation, a significant jump from its last private valuation. The company's success stems from its unique low-cost social commerce model, which connects small merchants with value-conscious...
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Spiro Secures Record $100M for Africa's E-Mobility
Spiro secured a record $100 million investment, the largest for an African EV mobility company, to expand its electric motorcycle fleet and battery-swapping network across the continent. The company's battery-swapping model reduces operating costs by 30% and eliminates refueling downtime, making ...
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Intel Spinout Articul8 Secures Over $35M in $70M Funding Round
Articul8, an AI firm spun out from Intel, has raised over $35 million in a Series B round, achieving a $500 million pre-money valuation as demand grows for specialized, secure AI solutions in regulated industries. The company, which is already revenue-positive, has secured $90 million in total co...
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Private Equity Deal Signals Decline of U.S. Legacy Rockets
Rocketdyne was a dominant force in American rocketry, powering historic missions like the Saturn V and Space Shuttle for decades. Its innovation slowed after the Cold War, and the company was sold just before the rise of commercial space ventures like SpaceX. The modern aerospace industry's shift...
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From First-Year Associate to Founder: The Rise of Harvey AI
Harvey AI has rapidly become a leader in legal tech, achieving an $8 billion valuation and serving 235 clients globally, including top U.S. law firms, with backing from major investors like the OpenAI Startup Fund. The company originated from its CEO's application of GPT-3 to legal research, lead...
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OpenAI's Sora Offers Paid AI Video Generation
OpenAI has launched a paid subscription for its Sora AI video tool to create a sustainable revenue model, as the previous free structure was financially unsustainable. Users currently receive 30 free video generations daily, but can now purchase 10 additional generations for $4, with plans to red...
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LiveKit Hits $1B Valuation After OpenAI Partnership
LiveKit secured a $100 million investment at a $1 billion valuation, reflecting high demand for infrastructure powering AI-driven voice and video applications. The company pivoted from an open-source project to a successful enterprise by offering a managed, cloud-hosted service to meet large corp...
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Why Newsletter Saturation Doesn't Scare Beehiiv's CEO
beehiiv is expanding from a newsletter platform into a comprehensive content toolkit, adding an AI website builder, podcast support, and digital product sales to meet user demands for flexibility. The platform's growth increases competition with other creator tools, but beehiiv believes its maste...
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Fortnite Creators Can Now Monetize In-Game Items
Epic Games is introducing a new revenue model for Fortnite creators, allowing them to sell in-game items on their custom islands starting in December, with a temporary 100% revenue share through 2026 to encourage early adoption. To support this initiative, Epic will release new UEFN tools and a V...
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Nvidia Invests $2B to Boost CoreWeave's AI Compute by 5GW
Nvidia is investing $2 billion in CoreWeave to accelerate the deployment of over 5 gigawatts of AI computing capacity by 2030, funding the collaborative construction of specialized "AI factories" powered by Nvidia hardware. The partnership involves CoreWeave integrating Nvidia's full product ecos...
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Aura's $499 Cordless E-Ink Frame for Wireless Photo Display
Aura's new $499 Ink frame features a 13-inch color e-paper display that operates cordlessly, using a six-color ink system and Spectra 6 technology for vibrant hues, making it ideal for decor-sensitive areas like living rooms. The frame includes a front light for subtle contrast, motion and ambien...
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Okosix Debuts Biodegradable Plastic at TechCrunch Disrupt 2025
The healthcare industry produces massive plastic waste, with U.S. facilities discarding over 2,800 tons of single-use plastics daily, inspiring entrepreneur Eddie Yu to seek sustainable solutions. Okosix, Yu's startup, has developed a cost-effective, high-performing biodegradable polymer from bio...
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Netflix's Era of Tentpole Shows Is Ending With Stranger Things
The era of massive, all-consuming "tentpole" shows like *Stranger Things* is ending, as Netflix shifts from relying on universal hits to a more diversified content strategy. Netflix's growth strategy now focuses on price adjustments, ad-supported tiers, and serving niche audiences with varied pro...
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Rulebase: The AI Coworker for Fintech, Backed by Y Combinator
Rulebase is a fintech startup focusing on back-office automation, using AI to streamline compliance, dispute resolution, and quality assurance in financial institutions. Founded by Gideon Ebose and Chidi Williams, the company secured $2.1 million in pre-seed funding and has achieved significant c...
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The Prompting Company Raises $6.5M to Boost Product Mentions in AI Apps
Consumers are increasingly using AI assistants like ChatGPT for product discovery and shopping recommendations, creating a major opportunity for brands to capture new digital traffic. The Prompting Company, backed by $6.5 million in seed funding, helps businesses optimize for AI discovery through...
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Nothing's 'AI OS' Isn't First or an OS, But It's Fascinating
Nothing has introduced an AI-native ecosystem featuring the Playground platform and Essential Apps, which are built on Android rather than constituting a new operating system, aiming to create personalized smartphone experiences. The core of the announcement includes the Essential product line wi...
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OpenEvidence Hits $12B Valuation in Thrive, DST-Led Funding Round
OpenEvidence raised $250 million in a Series D round, doubling its valuation to $12 billion in six months, as investors show strong confidence in its specialized healthcare AI model. The company operates an AI-powered medical information platform designed specifically for doctors, differentiating...
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OpenAI and Microsoft Forge New AGI Partnership
OpenAI has restructured to separate its philanthropic and commercial arms, with the nonprofit OpenAI Foundation controlling the for-profit OpenAI Group to direct commercial success toward charitable initiatives. Microsoft has increased its investment to a 27% stake in OpenAI Group, maintaining it...
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OpenEvidence, AI for Doctors, Raises $200M at $6B Valuation
OpenEvidence has raised $200 million at a $6 billion valuation, reflecting strong investor confidence in specialized AI tools for healthcare, following a previous $210 million round just three months earlier. The platform serves as a medical version of ChatGPT, offering verified healthcare profes...
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