Concept Ventures was an early investor in billion dollar AI firm Eleven Labs. Reece Chowdhury A venture capitalist says one of the biggest reasons startups fail hinges on the relationship between co-founders. Reece Chowdhry, founding partner of Concept Ventures, said early teams often split within two years because their co-founders clash or lack a shared…
Fast fashion is a major environmental offender, requiring massive water consumption, and producing high carbon emissions and pollution. It also leads to a surge in microplastic and textile waste. One result has been a boom in thrifting. But recycling old clothing into new items presents a much bigger challenge. The fashion industry accounts for anywhere…
Yann LeCun, known as one of the godfathers of modern artificial intelligence and one of the first AI visionaries to join the company then known as Facebook, is leaving Meta. LuCun said in a LinkedIn post on Wednesday that he plans to create a startup that specializes in a kind of AI technology that researchers…
Mug shot of Eric Gillespie, Govini Founder and Chairman. Courtesy: Pennsylvania Attorney General The founder of Virginia-based defense startup Govini was arrested on charges of attempting to solicit a pre-teen girl for sexual contact in Pennsylvania, authorities said Monday. The founder, Eric Gillespie, 57, was charged with four felonies, including multiple counts of unlawful contact…
Co-founder and CEO of Nvidia Jensen Huang spoke to journalists during a trip to Beijing in July. Picture Alliance | Picture Alliance | Getty Images Nvidia will help train and mentor emerging deep tech startups in India as a founding member of a $2 billion investment alliance, deepening its presence in the world’s third-largest startup…
Man and woman having a small business meeting in smart casual clothes Ippei Naoi | Moment | Getty Images One successful angel investor has revealed two red flags that prevent him from investing in a founder in the first meeting. Carles Reina is an angel investor who backed voice cloning AI startup Eleven Labs when…
This report is from this week’s CNBC’s “Inside India” newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story Aarushi Kilawat is a fashion entrepreneur from India’s Jaipur, a small city with less than 5 million residents — a far cry from Indian metropolises like Mumbai, Delhi…
Fruitist, the healthy snacking company known for its jumbo blueberries, has raised $150 million in an equity funding round led by new investor J.P. Morgan Asset Management, with billionaire Ray Dalio‘s family office doubling down on its existing investment in the farming startup. The company, valued at over $1 billion, is growing distribution rapidly in…
It was 95 degrees when the first prototype of a Norwegian Wool jacket arrived at Michael Berkowitz’s apartment in The Bronx, New York, in August 2014. Needing to test the waterproof knee-length wool coat without getting heat stroke, the founder and CEO of the then-fledgling apparel brand took it to a supermarket in West Harlem….
U.S. President Donald Trump speaks before signing executive orders in the Oval Office at the White House in Washington, DC, on Sept. 19, 2025, including one measure introducing the new $100,000 H-1B visa fee. Mandel Ngan | AFP | Getty Images Nearly a month after the Trump administration’s surprise $100,000 payment for new H-1B visa…
