As Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive

From left, MangoAI’s Nirmal Govind, Canva Co-Founder and Chief Operating Officer Cliff Obrecht and MangoAI’s Vinith Misra. Canva Software stocks have been hammered in recent weeks as investors worry about threats from artificial intelligence. In the startup world, Canva has been among the highest fliers due to its popularity with designers, but that market is … Read more

Musk’s xAI loses second co-founder in two days

Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe.  Jaap Arriens | Nurphoto | Getty Images Elon Musk’s xAI has lost its second co-founder in two days. Influential researcher Jimmy Ba on Tuesday announced his departure in a post on X, thanking Musk and … Read more

The founders of billion-dollar AI startups are getting younger — here’s why

Alexandr Wang, former CEO of Scale, attends an AI summit in Paris in February 2025. Getty Images The founders of some of the world’s most successful startups have been young: Think Bill Gates or Mark Zuckerberg, both of whom were just 19 when they launched their ventures. But with the rise of billion-dollar artificial intelligence … Read more

France’s economic miracle never came — here’s what went wrong

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Look at the way the French work, and you’ll start to see why “Macronomics” fell short. When Emmanuel Macron took office in 2017, he promised a French economic renaissance. His supply-side strategy aimed to slash taxes and curb public spending to spur … Read more

Goldman Sachs leads investment in software delivery startup Harness at $5.5 billion valuation

Jyoti Bansal, co-founder and CEO of Harness, speaks at the company’s Unscripted conference in London on Sept. 25, 2025. Harness Almost nine years ago, Jyoti Bansal sold AppDynamics to Cisco for $3.7 billion just as the software startup was set to go public. Bansal’s latest venture, Harness, is now worth substantially more than that, after … Read more

This is the No.1 reason startups fail in the first two years, according to the founder of Europe’s largest pre-seed fund

Concept Ventures was an early investor in billion dollar AI firm Eleven Labs. Reece Chowdhury A venture capitalist says one of the biggest reasons startups fail hinges on the relationship between co-founders. Reece Chowdhry, founding partner of Concept Ventures, said early teams often split within two years because their co-founders clash or lack a shared … Read more

Meta chief AI scientist Yann LeCun is leaving to create his own startup

Yann LeCun, known as one of the godfathers of modern artificial intelligence and one of the first AI visionaries to join the company then known as Facebook, is leaving Meta. LuCun said in a LinkedIn post on Wednesday that he plans to create a startup that specializes in a kind of AI technology that researchers … Read more