Startups and technology

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Starbucks’ AI tool didn’t die in a pilot. It died in 11,300 stores.

Starbucks told NomadGo on 3 April that it was scrapping the AI inventory tool the Redmond startup had built for it. Within days the 30-person company cut a large part of its workforce, according to GeekWire. The cuts included the technical team that ran the Starbucks account. Starbucks did not tell its own baristas for […]

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Only 27% of US hospitals can run an EEG. Epitel raised $26m for the rest

Epitel has raised $26m in a Series B round to expand a wireless EEG system that patients wear at home. Catalyst Health Ventures and Genoa Ventures co-led the round. The Salt Lake City company says it will spend the money on sales, marketing and distribution rather than research. The gap it is aiming at One […]

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Friendsurance invented peer-to-peer insurance. It just sold for its paperwork.

Cover Genius has acquired Friendsurance, the Berlin company that invented peer-to-peer insurance. The deal took effect immediately, and neither side disclosed a price. Friendsurance built its name on a simple idea. Small groups of policyholders pool together, and everyone who stays claim-free collects cash back at the end of the year. Its own German language […]

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A development bank just built a €1.4bn insurer in two years

A development bank has just minted a unicorn, and it took two years. Ominimo, a Budapest-based motor insurance startup founded by Serbian and Hungarian entrepreneurs, has closed a Series B led by the venture arm of the European Bank for Reconstruction and Development. The round is €20.1mn, or about $22.5mn, at a €1.4bn valuation, EU-Startups […]

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Roku raises streaming device prices by up to 60 percent as the memory shortage reaches the living room

Roku has raised prices on its entire US streaming hardware lineup, with increases ranging from $10 to $50 per device, as the global memory shortage driven by AI data centre demand reaches a product category that had been one of the last bastions of affordable consumer technology. The Streaming Stick 4K saw the steepest jump, […]

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Waymo to end Uber exclusivity in Austin and Atlanta, launching its own app in January 2028

Waymo has notified Uber that it plans to launch its own app in Austin and Atlanta in January 2028, ending the exclusivity arrangement that has kept its robotaxis available only through Uber in both cities. An Uber spokesperson confirmed the notice to CNBC and Bloomberg on Friday, adding that the change would also free Uber […]

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10 Platforms for AI Visibility and Link Building in 2026

Millions now choose products through ChatGPT, Gemini, and Perplexity, and Google AI Overviews appear in nearly half of all search queries. According to Muck Rack, 84% of AI citations come from media outlets, the same outlets where SEO specialists have been placing links for years. That means media distribution remains one of the key levers […]

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Stripe wants to own the toll booth between AI models, for ~$10bn

Stripe wants a foothold in AI, and it is willing to pay dearly for it. The payments company is in talks to buy OpenRouter for about $10 billion, the Wall Street Journal reported. That is a staggering price for a startup valued at just $1.3 billion in May. The talks are preliminary, and could still […]

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World Foundation raises $52 million in token sale as proof-of-human demand accelerates

World Foundation has raised $52 million through a locked token sale to expand the reach of World ID, its iris-scan-based system for proving someone is a real human online. Pantera Capital led the initial close, joined by Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto, with all WLD tokens sold subject to a […]

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Patreon cut 20% of its staff. Its CEO insists AI isn’t replacing them.

Patreon is cutting a fifth of its staff. Its founder wants you to know it is not because of AI. On Thursday the creator-payments company laid off 93 people, about 20% of its workforce, as 404 Media first reported. Chief executive Jack Conte called the day “painful” and took the blame himself. “The people at […]

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