Tech startups Financial News

20.11 / 10:16
business Technology Tech tech startups OpenAI Emmett Shear new CEO of OpenAI: A timeline of Sam Altman’s ousting
On Nov. 17, the artificial intelligence (AI) startup OpenAI made the shock announcement that it had fired CEO Sam Altman — and reaffirmed that decision on Nov. 19 with the hiring of Twitch co-founder Emmett Shear as the new CEO.
05.09 / 10:35
business Blockchain Startups tech startups Cronos Labs begins recruitment phase for $100M accelerator program
Web3 startup accelerator Cronos Labs has launched the third cohort of its accelerator program which aims to support early-stage projects by providing funding opportunities and mentorship. The scheme is backed by $100 million in investment that will be used to support crypto startups. 
28.06 / 22:55
business Blockchain Ethereum defi lending Startups tech startups Maple Finance announces direct lending to fill the void left by BlockFi, Celsius
Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact sheet from the platform’s development team. The program is intended to replace services previously provided by Celsius, BlockFi and other now-bankrupt lenders.
16.06 / 04:28
business Adoption Google Research Meta tech startups AI startup seed funding AI startup by ex-Meta and Google researchers raises $113M in seed funding
A brand new artificial intelligence (AI) startup dedicated to rival ChatGPT creator, OpenAI, raised $113 million in seed funding, bringing up its valuation to $260 million within two months of inception.
26.04 / 21:35
business tech startups Silicon Valley-based tech accelerator expands its digital asset vertical to France
Plug and Play Tech Center, an accelerator based in California’s Silicon Valley, will expand its crypto and digital assets vertical to France, the company announced April 25. 
10.04 / 23:35
regulation IRS Taxes Startups Tax reduction tech startups New R&D tax rules could bankrupt your blockchain startup
The new R&D law has overly broad language that states “any and all” software development must be amortized over five years if the development took place in the United States, or over 15 years if the work was done overseas. The change doesn’t sound so bad on its surface; some argue it might even create more tech jobs in the U.S.

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