Technology

The world currently seems to have entered the artificial intelligence (AI) era which future generations may one day refer to as before AI and after AI. What Do The Experts Say? Goldman Sachs (GS) Research estimated AI investment is likely to peak at $200 billion globally by 2025...

In a landmark funding round, Redwood Materials, the innovative battery recycling firm founded by Tesla Inc. Co-Founder and former Chief Technology Officer JB Straubel, has amassed $1 billion in its Series D round.  The round catapults the company's post-money valuation to over $5 billion and...

With healthcare costs continuing to spiral out of control, Arboretum Ventures has stepped up to the plate with the goal of pushing back. The healthcare venture capital firm recently announced the closing of a $268 million fund. Investors in the fund include endowments, family offices, major health...

For many years, the idea of robots assisting with day-to-day tasks was nothing more than a dream. However, with the recent growth of AI technology, this dream is now a reality. Rice Robotics is one of the best examples of how robots are changing the way people live and do business.  The Hong...

America's affordable housing crisis seems to worsen by the day. The nation is short more than 7 million affordable homes for its 10.8 million-plus extremely low-income families, and there is no state or county where a renter working full time for minimum wage can afford a two-bedroom apartment...

What do you get when you combine a revolutionary healthcare startup with artificial intelligence (AI) technology? In the case of A-Alpha Bio, the answer is simple: a $22.4 million funding round and a bright future.  A-Alpha Bio, born from the University of Washington's Institute for Protein...

Indian logistics startup Shadowfax is in the final stages of securing a funding round estimated at $60 million, led by TPG's NewQuest.  The Bengaluru, India-based startup, backed by investors like Flipkart Private Ltd., is anticipated to conclude the deal by the end of this month. The funding...

The world’s energy landscape is witnessing a major transformation in its energy infrastructure. The shift to renewable is becoming more prevalent by the day, and new and innovative companies are always finding more efficient ways to power the world. One pioneering startup, YouSolar, is...

Despite the Tesla Model Y becoming the world's best-selling car, nearly half of Americans aren’t ready to embrace electric vehicles as their next ride.  According to a poll from the Energy Policy Institute at the University of Chicago and the Associated Press-NORC Center for Public Affairs...

The disinflationary trend continued in July, even though the annual CPI inflation rate saw a slight increase from 3% to 3.2% last month, breaking a streak of 12 consecutive months of decline. The low base effect from a year ago is to blame, but what matters for investors is that the inflation rate...

Every year, Wendy's serves millions of customers at nearly 7,000 restaurants around the globe. Now, the company is taking a massive step forward. It's partnering with Google to bring artificial intelligence (AI) to a drive-thru at one of the company's Columbus, Ohio-area restaurants. If everything...

Human resources (HR) technology startup Propel HR secured a €2.5 million ($2.74 million) seed funding round led by Amsterdam-based No Such Ventures, along with APX, Golden Egg Check and Future of Learning Fund.  The company, co-founded by Sunkanmi Ola, Seun Owolabi, and Abel Agoi in 2020,...

The Nasdaq 100 Index, represented by the Invesco QQQ Trust (NASDAQ:QQQ), has closed its fifth consecutive month in the green, bringing the year-to-date performance to 42%. The current streak of five consecutive months of gains is a remarkable occurrence that has only been witnessed six times in the...

The mental health crisis in the United States is a significant concern and a substantial economic burden.  According to a recent online Gallup survey, 19% of U.S. workers rate their mental health as "fair" or "poor," leading to increased unplanned absences. These workers are estimated to have...

New research published in JAMA Internal Medicine shows that language models like ChatGPT developed by OpenAI are preferred over human physicians when it comes to answering health-related questions. While AI assistants will not replace doctors, integrating them into health systems could...