Govini, a defense technology software startup competing with Palantir, has surpassed $100 million in annual recurring revenue (ARR), marking a major milestone in its rapid growth. “We’ve been scaling at a compound annual growth rate above 100% over the past three years, and we expect to continue on that trajectory,” said CEO Tara Murphy Dougherty. […]
Charlie Javice, the 33-year-old founder of fintech startup Frank, has been sentenced to just over seven years in federal prison after being convicted of defrauding JPMorgan Chase in its $175 million acquisition of her company. In March, a jury found Javice and her former chief growth officer, Olivier Amar, guilty on three counts of fraud […]
Momenta, a leading Chinese autonomous driving technology startup, is in talks to raise fresh capital at a potential valuation of around $6 billion, according to people familiar with the matter. The figure could still shift as the funding process moves forward, sources noted. The Beijing-based company specializes in developing advanced software and algorithms that enable […]
Nvidia has invested more than $900 million to bring in Enfabrica CEO Rochan Sankar along with several key employees, while also securing a license for the startup’s cutting-edge technology. The deal, completed last week, combines cash and stock compensation, according to people familiar with the matter. This move mirrors similar AI talent acquisitions made recently […]
Perplexity AI has introduced Comet, a cutting-edge web browser powered by artificial intelligence, marking the company’s bold entry into the competitive internet services space alongside tech giants like Google and Microsoft. Launched on Wednesday, Comet allows users to engage with enterprise tools such as Slack and pose complex queries using voice or text. A demo […]
Introduction Starlink, the satellite internet service provided by SpaceX, has been gaining popularity worldwide as a solution to the problem of slow and unreliable internet connectivity. In Pakistan, where internet penetration is still relatively low, SpaceX’s Starlink has the potential to significantly impact the country’s economy by providing faster, more reliable internet to businesses, entrepreneurs, […]