Startups

Why Did Bench Fail Despite $135 Million in Funding and Cost Cuts?
Industry Insights Why Did Bench Fail Despite $135 Million in Funding and Cost Cuts?

In the volatile world of startups, even substantial funding and strategic cost-cutting measures cannot always ensure success. The downfall of Bench, a Canada-based startup specializing in cloud accounting software for small businesses, serves as a compelling case study in this regard. Despite

Can DeepSeek Outperform AI Giants Like OpenAI and Google?
AI & Machine Learning Can DeepSeek Outperform AI Giants Like OpenAI and Google?

The emergence of DeepSeek, a new Chinese artificial intelligence company, has caused a major stir on Wall Street and within the tech industry, posing a potential threat to established AI behemoths like OpenAI and Google. Founded in July 2023 by Liang Wenfeng, an alumnus of Zhejiang University,

Alibaba Cloud Unveils Advanced AI Models and Tools at Developer Summit
Development & Innovation Alibaba Cloud Unveils Advanced AI Models and Tools at Developer Summit

Alibaba Cloud's recent annual developer summit revealed significant advancements in its AI technology offerings, underscoring the company's dedication to fostering innovation in AI across global markets. The summit highlighted a range of updates, including the launch of new large language models

Can Failed Startups Protect Employee Data From Cyber Threats?
Industry Insights Can Failed Startups Protect Employee Data From Cyber Threats?

The collapse of a startup is a tumultuous event, often leaving a trail of unresolved issues. Among these, a significant and emerging risk is the potential for employee personal data to be stolen. This article delves into this critical issue, highlighting the findings of Dylan Ayrey, co-founder and

Can Nelly Revolutionize Healthcare with Digital Workflows?
Development & Innovation Can Nelly Revolutionize Healthcare with Digital Workflows?

Nelly, a Berlin-based fintech startup, is setting its sights on overhauling the often outdated and cumbersome administrative workflows in the healthcare sector. While many industries have embraced digital workflows to enhance efficiency, numerous medical practices remain bogged down by manual

Presto Ventures Shifts Focus to Deep Tech and Defense Technologies
Industry Insights Presto Ventures Shifts Focus to Deep Tech and Defense Technologies

In the rapidly evolving landscape of venture capital, remaining agile and responsive to market shifts is crucial. Czech-based venture capital firm Presto Ventures, founded in 2016 by Premysl Rubes, exemplifies this approach. The firm, known for its strategic investments across Central and Eastern

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