acquisition

Auto Added by WPeMatico

Poppi founder on TikTok, Super Bowl ads, and her return to Shark Tank

For years, venture capitalists have been skeptical of beverage startups, citing thin margins and brutal distribution as reasons most brands never break out. But a new wave of “functional soda” companies has been challenging that assumption, including Poppi, the prebiotic soda brand that grew from a kitchen experiment into a $1.95 billion acquisition by PepsiCo.  On this episode of […]

Poppi founder on TikTok, Super Bowl ads, and her return to Shark Tank Read More »

Anthropic’s Pentagon deal is a cautionary tale for startups chasing federal contracts

The Pentagon has officially designated Anthropic a supply-chain risk after the two failed to agree on how much control the military should have over its AI models, including its use in autonomous weapons and mass domestic surveillance. As Anthropic’s $200 million contract fell apart, the DoD turned to OpenAI instead, which accepted and then watched ChatGPT uninstalls surge 295%. As the stakes keep rising, the question remains: how much unrestricted […]

Anthropic’s Pentagon deal is a cautionary tale for startups chasing federal contracts Read More »

Shopping Cart