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Startup life is a story of births and deaths. This week confirmed this, and it confirmed that unicorn rounds are not dead.
Most interesting startup stories from the week
Image Credits:Natalie Christman / Humane
As happens often in the startup world, it’s been a week of beginnings and endings.
Thinking machines: Thinking Machines Lab, the new AI startup of former OpenAI CTO Mira Murati, came out of stealth this week, without confirming how much it may have raised from VCs. Meanwhile, Ilya Sutskever’s startup Safe Superintelligence (SSI) is reportedly raising around $1 billion.
Humane killing: Humane, the hardware startup behind the flawed AI Pin, announced that most of its assets have been acquired by HP for $116 million.
Money back guarantee: San Francisco-based startup Future Family launched a new IVF insurance product in the United States that could refund prospective parents if treatment doesn’t succeed after two rounds.
Low battery: Former Silicon Valley darling Nikola Corp. filed for bankruptcy this week. The hydrogen electric trucking startup failed to find a buyer or secure additional funds to maintain operations.
Most interesting VC and funding news this week
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