Articles about early-stage companies; pre-IPO, including those still being funded by angel investors, private equity or venture capitalists.

  • Companies must be able to show local policymakers they are there for the long run, WeLab founder tells panel
  • Private equity must ‘dig’ into the market and identify what gaps can be filled, says COO of venture fund 500 Global

The online travel start-up, which became a unicorn in 2018, says it will use the newly raised capital to expand product offerings and boost AI adoption.

Innovations in synthetic biology and alternative materials can improve the lives and livelihoods of many people, says Horizons Ventures co-founder Solina Chau.


The European Union is nearing a deal on what is poised to become the most extensive and wide-reaching regulation of artificial intelligence in the Western world.

Dozens of start-ups along with Intel and Nasa are part of the new AI Alliance announced on Tuesday, but the two dominant players in the US are not among the founding members.

The company also released new versions of its home-grown chips, including one designed for AI applications, and deepened its relationship with Nvidia.

Valued at more than US$60 billion, Shein is expected to become the most valuable China-founded company to go public in the US since Didi Global’s debut in 2021 at a US$68-billion valuation.

The ChatGPT maker had made progress on Q*, which some researchers believe could be a breakthrough in artificial general intelligence, one of the sources say.


The start-up's new board will be chaired by former Salesforce co-chief executive Bret Taylor and include former US Treasury Secretary Larry Summers.

More than 700 of OpenAI's roughly 770 employees signed a letter, calling for all board members to resign and for fired CEO Sam Altman to be reinstated.

The twin moves mark a turning point in the frenetic aftermath of Altman’s firing, which stunned Silicon Valley and set off a campaign led by Nadella and other OpenAI executives to get Altman reinstated.


Musk said the potential danger of AI is so great that OpenAI, the most powerful artificial intelligence company in the world right now, should disclose the reason it fired CEO Altman.

A day after the OpenAI board fired him, Sam Altman was talking with the company’s executives about improving its governance structure, while discussing with some core ChatGPT researchers about starting a new artificial intelligence company.


OpenAI, whose generative AI products initially raised fears of widespread cheating on homework, is now exploring how it can get its popular ChatGPT service into classrooms, according to a senior executive.

The start-up has decided to change the so-called tensor name of its AI model Yi-34B, following an inquiry that later revealed it was developed using the architecture of Meta Platforms’ Llama system.

Fintech start-up OneDegree’s optimistic projection stems from the positive performance of the company’s household pet and digital-asset insurance operations.

OpenAI’s GPT-4 Turbo likely to kick off another flurry of activity among Chinese competitors, with firms such as Baidu and Alibaba showcasing their products at Wuzhen Summit.

Once valued at US$47 billion, WeWork’s plunge into bankruptcy damaged the professional reputation of SoftBank’s Masayoshi Son far beyond the US$11.5 billion he lost in the co-working office space start-up.


The e-commerce company was the world’s third-most-valuable start-up in 2022, but its valuation has since dropped along with other start-ups and tech firms.

The company, which struggled to survive the Covid-19 pandemic and a derailed initial public offering, reported estimated assets and liabilities ranging from US$10 billion to US$50 billion.

Chinese GPU start-up Moore Threads Intelligent Technology, which was added to a US trade blacklist last month, will start to lay off workers, according to local media.

Chinese start-up 01.AI, founded by computer scientist Kai-fu Lee, has become a unicorn in less than eight months on the strength of a new open-source AI model.