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Banking-as-a-service startup Synapse confirmed today that it has laid off 86 people, or about 40% of the company. The San Francisco-based company, which operates a platform…

Starting in January, the IRS will make the $7,500 federal EV tax credit available immediately via dealers. The Treasury Department announced the update on Friday, noting…

The promise of electric aviation has been weighed down by the limited range of batteries and the long certification process. Regent co-founder and CEO Billy Thalheimer,…

OpenAI, one of the best-funded AI startups in business, is exploring making its own AI chips. Discussions of AI chip strategies within the company have been…

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. As I sat down to write this week’s Startups Weekly, I…

If you haven’t found traction with customers and aren’t generating revenue, you should be in fundraising mode already. …

Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, is on trial for alleged fraud and conspiracy as he led the company’s swift rise and…

Another week, another AI app going viral. This time around, the AI app that has surged to the top of the App Store is EPIK, a…

South Korea’s telecommunication regulator, the Korea Communications Commission (KCC), said Friday that it plans to levy fines on Google and Apple, which could total up to…

Last year’s techwide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have…

The investigation was a challenging period to manage client expectations, and CEO Maju Kuruvilla said he even got on sales calls himself. …

The AI industry is progressing at a terrifying pace, but no amount of training will ever prepare an AI model to stop people from making it…

Electric vertical takeoff and landing vehicle company Wisk Aero has started flight testing a version of its autonomous air taxi aircraft in Los Angeles, according to…

Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at a whopping $100 billion. The investment follows KKR…