DeepSeek raises $7.4 billion amid controversial funding conditions
business Jun 16, 2026, 9:26 AM
DeepSeek raises $7.4 billion amid controversial funding conditions
  • DeepSeek has raised over $7.4 billion, achieving a valuation of over $50 billion.
  • Investors must lock up their funds for five years and forfeit voting rights, with the National AI Fund being the only exception.
  • This funding round highlights China's aggressive push to lead in the AI sector.
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Robert F. Smith urges businesses to preserve intern programs amid AI disruption
business Jun 15, 2026, 2:00 AM
Robert F. Smith urges businesses to preserve intern programs amid AI disruption
  • Robert F. Smith spoke at Fortune's Brainstorm Tech conference in Aspen, emphasizing the need for internships in tech.
  • He shared his personal experience of securing an internship at Bell Labs, which shaped his career.
  • Smith concluded that maintaining intern programs is crucial for fostering optimism and innovation in the tech industry.
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Kevin O'Leary admires Steve Jobs' ruthless leadership style
business Jun 14, 2026, 4:53 PM
Kevin O'Leary admires Steve Jobs' ruthless leadership style
  • Kevin O'Leary shared his views on leadership, emphasizing the importance of respect over likability.
  • He reflected on his experiences with Steve Jobs, noting the late Apple cofounder's intense and demanding management style.
  • O'Leary concluded that success in business often requires a focus on results rather than personal relationships.
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Gen Z grad uses creative networking to land internship at Cisco
business Jun 14, 2026, 4:45 PM
Gen Z grad uses creative networking to land internship at Cisco
  • A first-generation college student struggled to secure internships after over 100 applications.
  • She adopted unique networking methods, including wearing a university cap while working at a pizza shop.
  • Her creative approach led to an internship at Cisco, demonstrating the importance of standing out in a competitive job market.
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Aravind Srinivas embraces fear to fuel Perplexity's growth
business Jun 13, 2026, 11:53 AM
Aravind Srinivas embraces fear to fuel Perplexity's growth
  • Aravind Srinivas, CEO of Perplexity, emphasizes the importance of embracing competition and fear as motivation.
  • Perplexity has grown rapidly, becoming a $20 billion AI search startup that competes with major tech companies.
  • Srinivas's dedication to hard work and persistence highlights the challenges of maintaining a work-life balance in the tech industry.
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Oracle commits $1.2 billion to Nashville for new headquarters
business Jun 13, 2026, 11:41 AM
Oracle commits $1.2 billion to Nashville for new headquarters
  • A survey by Gensler revealed that nearly half of San Francisco's young, childless adults are considering moving.
  • Cities like Nashville and Orlando are attracting younger generations due to their cultural presence and favorable tax policies.
  • The migration trend indicates a shift in the innovation economy towards midsize markets, highlighting the growing importance of affordability and accessibility.
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Raquel Urtasun raises over $1 billion for autonomous trucking startup Waabi
business Jun 13, 2026, 2:00 AM
Raquel Urtasun raises over $1 billion for autonomous trucking startup Waabi
  • Raquel Urtasun co-founded Waabi, an autonomous trucking startup, and has raised over $1 billion in funding.
  • The company is testing its autonomous trucks in partnership with Volvo, indicating rapid advancements in driverless technology.
  • Urtasun emphasizes the importance of hiring young talent and fostering curiosity to adapt to the evolving AI landscape.
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Galway emerges as a significant tech hub in Ireland
business Jun 12, 2026, 4:58 PM
Galway emerges as a significant tech hub in Ireland
  • Galway has become a recognized hub for technological activity, supported by major tech companies.
  • The region benefits from a strong talent pipeline due to local educational institutions.
  • Investing in local talent and engaging with community initiatives is crucial for the growth of tech organizations in Galway.
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India's agave spirits market grows rapidly as distillers innovate
business Jun 12, 2026, 1:01 AM
India's agave spirits market grows rapidly as distillers innovate
  • Agave plants are being harvested in India for the emerging spirits industry.
  • The Indian market for agave spirits is growing rapidly at 31%.
  • This growth indicates a potential shift in the Indian spirits landscape.
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Encanto Crepes & Café opens larger location in Greenport
business Jun 11, 2026, 11:00 AM
Encanto Crepes & Café opens larger location in Greenport
  • Gustavo Acero and Yuri Acero opened a new, larger location of Encanto Crepes & Café on Main Street in Greenport last month.
  • The expanded menu now includes 12 crepe flavors, Colombian hot dogs, and other authentic Colombian dishes.
  • The couple plans to open more locations across Long Island in the future.
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Trustap secures $10 million funding to enhance AI-driven e-commerce solutions
business Jun 11, 2026, 10:12 AM
Trustap secures $10 million funding to enhance AI-driven e-commerce solutions
  • Trustap has raised $10 million in funding to enhance its product development and expand its team.
  • The funding will support the launch of Trustap Index, a service for AI-driven e-commerce transactions.
  • This development positions Trustap as a leader in the growing field of agentic commerce.
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Lauren Davies empowers content creators through her agency
business Jun 11, 2026, 7:27 AM
Lauren Davies empowers content creators through her agency
  • Lauren Davies runs Talent Wise Management, an agency for online content creators.
  • She emphasizes the importance of authenticity and consistent content for success.
  • Davies believes her role as a talent manager is a dream job that offers flexibility and rewards.
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Anthropic donates $150 million to support AI education and nonprofit work
business Jun 11, 2026, 2:00 AM
Anthropic donates $150 million to support AI education and nonprofit work
  • Anthropic is launching the Claude Corps to hire and train 1,000 fellows for nonprofit organizations.
  • The company has committed to donating $150 million to support this initiative.
  • This program aims to balance AI's benefits with its risks and promote responsible usage.
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Andrew Yang tackles the attention economy with Noble Mobile
business Jun 10, 2026, 6:00 PM
Andrew Yang tackles the attention economy with Noble Mobile
  • Andrew Yang's startup Noble Mobile incentivizes users to reduce phone usage.
  • Yang discusses the economic implications of automation and AI, emphasizing the need for innovative solutions.
  • His initiatives aim to empower individuals financially while addressing the challenges of the attention economy.
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CrowdFarming achieves 65 million euros in revenue amid changing agricultural practices
business Jun 5, 2026, 2:00 AM
CrowdFarming achieves 65 million euros in revenue amid changing agricultural practices
  • Gonzalo and Gabriel Urculo revived their grandfather's abandoned farm in 2010 using regenerative organic farming.
  • They launched CrowdFarming in 2017, connecting consumers with farmers across Europe through a tree adoption system.
  • The platform achieved revenues of 65 million euros in 2024, demonstrating the potential of sustainable farming practices.
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Jamie Dimon praises Elon Musk as SpaceX prepares for IPO
business Jun 5, 2026, 2:00 AM
Jamie Dimon praises Elon Musk as SpaceX prepares for IPO
  • SpaceX is preparing for an IPO that could raise $75 billion with a target share price of $135.
  • Jamie Dimon praised Elon Musk during a JPMorgan event, despite their past feud.
  • The IPO is expected to significantly impact Musk's wealth and the financial institutions involved.
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Trae Stephens warns of impending collapse in defense tech industry
business Jun 5, 2026, 2:00 AM
Trae Stephens warns of impending collapse in defense tech industry
  • Trae Stephens, co-founder of Anduril, warns of inflated valuations and excessive venture capital in the defense tech sector.
  • Defense tech equity funding reached $17.9 billion in 2025, more than doubling year-over-year.
  • Stephens believes many startups will fail due to unrealistic expectations and founders' reluctance to accept lower acquisition offers.
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SpaceX aims to raise $75 billion in historic IPO
business Jun 4, 2026, 5:14 PM
SpaceX aims to raise $75 billion in historic IPO
  • SpaceX is set to launch its Initial Public Offering on June 12, 2026, aiming to raise at least $75 billion.
  • The company has a history of net losses and may not achieve profitability in the future, raising concerns about inflated share prices.
  • Investors are betting on Elon Musk's ability to deliver on ambitious projects, but risks remain high.
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Rethink Ireland launches €1.5m fund to empower marginalized communities
business Jun 4, 2026, 5:00 PM
Rethink Ireland launches €1.5m fund to empower marginalized communities
  • Rethink Ireland has launched the €1.5m Skills for Tomorrow Fund to support marginalized communities.
  • The fund aims to empower individuals with necessary workforce skills amid changing labor markets.
  • This initiative seeks to create inclusive pathways into employment and education for those at risk of exclusion.
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Taiwan and U.S. strengthen startup ties with new agreements
business Jun 4, 2026, 8:46 AM
Taiwan and U.S. strengthen startup ties with new agreements
  • The Ministry of Economic Affairs led 33 Taiwanese startups to the InnoVEX 2026 trade show in Taipei City.
  • The event showcased Taiwan's strengths in AI, sustainable health technology, and deep technology, attracting international investors.
  • Two memorandums of understanding were signed to enhance Taiwan-U.S. startup cooperation and market expansion.
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Alix Earle launches Reale Actives at 25
business Jun 4, 2026, 2:00 AM
Alix Earle launches Reale Actives at 25
  • Alix Earle was invited to Harvard Business School to share her entrepreneurial insights.
  • She emphasized the importance of being the customer and understanding the market.
  • Her journey highlights the significance of authenticity and resilience in entrepreneurship.
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Variant raises $222 million to invest in autonomy and decentralization
business Jun 3, 2026, 2:00 AM
Variant raises $222 million to invest in autonomy and decentralization
  • Variant raised $222 million for its new fund, Variant 4, focused on early-stage investments.
  • The firm is expanding its investment thesis to include a broader definition of autonomy beyond just crypto.
  • Walden believes that the lessons from the crypto sector will be crucial as AI becomes more integrated into business.
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Mark Cuban's $500K bet on space startup turns into $4 billion success
business Jun 2, 2026, 2:00 AM
Mark Cuban's $500K bet on space startup turns into $4 billion success
  • Mark Cuban invested $500,000 in Relativity Space after being contacted by its founder via email.
  • Relativity Space has grown to a valuation of $4 billion and secured over $2.9 billion in orders from major clients.
  • Cuban's investment highlights his pattern of supporting innovative entrepreneurs and the demand for alternatives to SpaceX.
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Sungani Phiri elevates Zambian cuisine with innovative dining experience
business Jun 1, 2026, 2:06 PM
Sungani Phiri elevates Zambian cuisine with innovative dining experience
  • Chef Sungani Phiri has opened a home restaurant in Livingstone, Zambia, focusing on indigenous ingredients.
  • The restaurant features a 14-course tasting menu that showcases traditional Zambian flavors in innovative ways.
  • Phiri aims to elevate Zambian cuisine on the global stage and inspire future chefs through his culinary approach.
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Peter Thiel warns AI threatens technical jobs more than creative roles
business May 31, 2026, 6:15 PM
Peter Thiel warns AI threatens technical jobs more than creative roles
  • A LinkedIn report shows a significant increase in demand for communication and creative thinking skills in the job market.
  • Job postings for 'storytellers' have doubled over the past year, with companies offering high salaries for communications professionals.
  • Peter Thiel warns that AI poses a greater threat to technical roles than to creative thinkers, suggesting a shift in the skills valued in the workforce.
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John George Graves donates land for Sheffield's first green space
business May 30, 2026, 9:30 AM
John George Graves donates land for Sheffield's first green space
  • John George Graves was a 19th-century entrepreneur who introduced catalogue ordering.
  • He donated significant land to establish Graves Park and protect it from pollution.
  • Graves' initiatives laid the groundwork for awareness of green spaces in urban development.
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AI startups risk obsolescence as tech giants tighten grip on market
business May 30, 2026, 2:00 AM
AI startups risk obsolescence as tech giants tighten grip on market
  • Tech giants like Apple can rapidly overshadow startups by integrating similar features.
  • Startups often struggle due to lack of distribution and hardware integration.
  • Future AI companies must innovate and provide value beyond price competition to survive.
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Europe dominates global tech ecosystems with top densities
business May 28, 2026, 10:54 AM
Europe dominates global tech ecosystems with top densities
  • The Global Tech Ecosystem Index for 2026 evaluates startup ecosystems in 325 cities across 77 countries based on size, density, and growth.
  • Europe leads with 10 of the top 20 densest tech ecosystems, including Cambridge, London, and Stockholm as key players.
  • The findings underscore Europe's focus on innovation as a driver for economic growth and resilience amid ongoing challenges.
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Independent bookstores thrive as community interest increases
business May 28, 2026, 2:00 AM
Independent bookstores thrive as community interest increases
  • Membership in the American Booksellers Association has increased significantly, nearly tripling over the last decade.
  • Independent bookstores have diversified, with various models including mobile and pop-up stores gaining popularity.
  • The growth of local bookstores indicates a strong community interest and desire for in-person connection amidst digital trends.
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BMW leads the charge in corporate innovation by becoming startup customers
business May 28, 2026, 2:00 AM
BMW leads the charge in corporate innovation by becoming startup customers
  • BMW established its Startup Garage in 2015 to collaborate with startups by acting as a venture client.
  • Major corporations like Bosch and Walmart have since adopted this model to access emerging technology.
  • Becoming a startup's customer can be a more strategic and effective approach for corporate innovation than traditional investing.
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R&D tax credit drives significant investment growth in Ireland
business May 27, 2026, 10:27 AM
R&D tax credit drives significant investment growth in Ireland
  • Recent data from IRDG and KPMG reveals a strong positive impact of the R&D tax credit on business investment in Ireland.
  • A majority of surveyed organizations have increased their R&D spending, with a significant number expecting to invest more in the near future.
  • Continued advocacy for an innovation tax credit reflects the need for broader support in modern innovation areas.
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Airwallex unveils billing product to intensify competition with Stripe
business May 27, 2026, 2:00 AM
Airwallex unveils billing product to intensify competition with Stripe
  • Airwallex has launched a billing product that allows companies to generate invoices and bill customers.
  • This new offering is included at no additional cost for existing customers, enhancing Airwallex's service suite.
  • The launch positions Airwallex directly in competition with Stripe, which has dominated the billing space for nearly a decade.
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