Tag: Startups

UK-based venture capital firm, IQ Capital, has closed its fourth venture fund at $200m, bringing its assets under management to over $1bn. Its latest growth fund focuses on supporting later-stage funding in its venture portfolio, as deep tech investment accelerates. IQ has backed over 100 deep tech start-ups with multiple exits, including Google, Apple, and Facebook, attracting capital from institutions, funds-of-funds, family offices, and British Patient Capital.

OpenAI is investing $1m in cybersecurity start-ups with its new Cybersecurity Grant Program. Using AI to develop cyber defense mechanisms and create a collaborative network, this initiative offers cutting-edge tools to defenders. The grants provide maximal public benefit through defensive cybersecurity AI applications. Offensive security projects are not considered.

European startups in psychedelic healthcare are disrupting mental healthcare and countering drug stereotypes to provide life-long benefits and potential profits.

Tech news covers hot trends in AI and metaverse, while Toyota tests an electric car that drove 1,200 miles! Also, a tech bro made an AI girlfriend and celebs want $65,000 cold-plunge pools.

ChatGPT's generative AI technology is revolutionizing the workplace, increasing efficiency while also raising concerns about potential job loss. As industries implement their chatbots, companies must navigate the transition with care.