January 2024 - Page 18

TLDR: RappiPay, a digital debit account service, is shutting down its operations in Mexico. The closure of RappiPay in Mexico is part of a wider downsizing plan by Rappi, the Colombian on-demand

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TLDR: – Anthropic, Cohere, Concentric AI, and Robin AI are identified as some of the top AI startups to watch in 2024. – Gartner predicts that by 2026, over 80% of enterprises

TLDR: NexGen Power Systems, a tech startup that received $13 million in state grants and operated in a factory built by New York taxpayers, has closed down. The shutdown was sudden, with

TLDR: – Jeff Bezos and other tech investors have invested $74 million in Perplexity, a startup aiming to challenge Google’s dominance in internet searches. – Perplexity hopes to compete against Google by

TLDR: – Airline startup, Avatar Airlines, is offering a private investment opportunity to high net worth individuals seeking to disrupt the airline industry. – The company plans to raise $30 million in

TLDR: An increasing number of startups are expected to relocate abroad in 2024 as entrepreneurs look to tap into new markets, access capital and talent pools and diversify their risks. The trend

TLDR: A new startup called Moonwalk Therapeutics, co-founded by CRISPR innovator Feng Zhang, has raised $57 million to develop a defanged form of gene editing that doesn’t cut the DNA strand. Moonwalk

TLDR The future of virtual reality (VR) and augmented reality (AR) is expected to be a massive market, with a projected worth of $200 billion by 2022. Major technology companies such as

TLDR: Sudha Murty, Chairperson of Infosys Foundation and wife of N R Narayana Murthy, co-founder of Infosys, played a crucial role in the success of the company by providing a financial infusion