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In 2024, Europe’s startup ecosystem recorded 6,316 funding rounds totaling $39.5 billion, marking a decline from $42.8 billion in 2023 and $62.2 billion in 2022. Despite this downturn, the European startup landscape continues to thrive, with AI proving to be a transformative force across industries such as defense technology, food tech, and retail. Tech Funding … Read more
Venture funding globally reached $66.5 billion in Q3 2024, reflecting a 16% decline compared to the previous quarter, according to Crunchbase. Despite the overall drop, the United States displayed resilience, particularly in the AI and hardware sectors. AI startups led the charge, attracting nearly $19 billion — accounting for 28% of all global venture funding … Read more
The US president hails the passage of the budget legislation after days of uncertainty and negotiations that went down to the wire. “This agreement represents a compromise, which means neither side got everything it wanted. But it rejects the accelerated pathway to a tax cut for billionaires that Republicans sought, and it ensures the government … Read more