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2 mins read

OpenAI is making moves toward becoming a for-profit company

OpenAI is in preliminary talks with the California attorney general's office about the process to b…

Erin Snodgrass   


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1 min read

Unicorns, Gazelles, Cheetahs: What do these startup animal terms even mean?

Since the early 2010s, animal buzzwords have begun to become somewhat of a norm when describing a s…

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2 mins read

Record drop in future unicorns as funding winter, regulatory actions bites startup valuations

The number of unicorns — startups valued at over USD 1 billion — slipped by one to 67 in 2023. The …

PTI   


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3 mins read

Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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6 mins read

Could your startup be worth millions? See how Flippa helps owners cash in

Every digital entrepreneur dreams of building a profitable online business. But what happens when i…

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8 mins read

Blue-collar entrepreneurs say it's getting harder to turn a profit as competition for 'sweaty startups' heats up

BI spoke to sweaty startup owners in industries such as cleaning and pest control who said they lov…

Noah Sheidlower   


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2 mins read

It will be a while before OpenAI turns a profit. In the meantime, Microsoft gets a cut of revenue.

A report from The Information revealed that while OpenAI was burning less cash than previously thou…

Beatrice Nolan   


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2 mins read

Salesforce joins the AI race, announces plans to acquire AI startup Tenyx

Salesforce has announced its plan to acquire Tenyx, a startup specializing in AI-powered voice agen…

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2 mins read

Space startup Reflect Orbital plans to sell "sunlight on demand" — how will it work?

Reflect Orbital's innovative project aims to use satellites with reflective mirrors to extend sunli…

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2 mins read

OpenAI is accusing Elon Musk of harassing the startup. It's the latest escalation in a long-running feud.

OpenAI has hit back at Elon Musk's lawsuit, accusing the Tesla CEO of "trying to leverage the judic…

Beatrice Nolan   


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4 mins read

Startups in 2024: Innovation can't override a profitable bottom line

In 1999, amidst the dot-com frenzy, Warren Buffett's prophetic words at the Allen-Sunny Valley Conf…

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2 mins read

From passion to profit: OpenAI's latest shakeup shows the AI race is about who has the deepest pockets

OpenAI is reportedly looking to restructure itself into a for-profit benefit corporation, ending co…

Dan DeFrancesco   


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3 mins read

OpenAI executive says the startup has a 'great bench' after CTO's abrupt departure

In a short interview with Business Insider, chief product officer Kevin Weil highlighted OpenAI's r…

Rob Price   


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5 mins read

Adtech is undergoing an exec shake-up as investors seize control and startups enter a new era

Executive turnover is on the rise at adtech startups as investors seek growth and profit. CTV and r…

Lara O'Reilly   


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5 mins read

The startup landscape for deals is drastically changing

PE firms and acquihires are upending how deals typically get done for startups.

Dan DeFrancesco   


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5 mins read

2025 could bring a wave of healthcare IPOs. Here's what startups should know, according to a top banker.

Jon Swope, a Barclays managing director, says some lessons learned in the healthcare industry will …

Rebecca Torrence   


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4 mins read

Could India host 200+ unicorns in next five years? Hurun index identifies 46 gazella and 106 cheetah startups

India's startup ecosystem is thriving with 67 unicorns as of 2024, with 152 startups poised to achi…

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3 mins read

Startup stories: OpenAI to YouTube, companies that gained success overnight

Sam Altman-led OpenAI isn’t the only company which saw a sudden influx of wealth with its AI tool C…

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4 mins read

Startups with small profit pools should think twice before launching their IPOs

There’s a new word that has entered the lexicon of startups – profitability. During the pandemic, w…

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4 mins read

The AI hype train is still running at full tilt just don't ask where the profits are

Billions of dollars have flowed into AI companies, but it's still unclear if returns on this invest…

Hasan Chowdhury