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Overall VC Fundraising Drops 33%, But AI Investment Surges

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AI investments were responsible for a full 64% of all deal value going into US startups across the first half of the year, a new PitchBook report finds. It’s part of a huge 75.6% increase for the sector during that period, putting 2025 in line to be the second highest year ever for US startup deals. OpenAI’s recent $40 billion round certainly didn’t hurt.

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22 Los Angeles Startups You Need to Watch Out For

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While the Bay Area hold the title of most prolific startup ecosystem , there’s no denying that California is a veritable gold mine of entrepreneurial talent. Los Angeles, for one, is not only brimming with innovative ideas, it’s also home to a wide range of unique startups that are solving the problems of the world. Everyone knows that a startup is only as good as its leadership, which is why the 22 startups listed below are helmed by some of the best and brightest in Silicon Beach.

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Meet the 2017 Startups from the Disney Accelerator

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There’s no denying that BB-8 was the star of the most recent installment in the Star Wars universe, Rogue One. What you might not realize is that the adorable droid was the brain child of Sphero, a robotics and digital technology company and an alumni to the Disney Accelerator program. The BB-8 app-enabled Droid had such a global adoption among kids and adults that it was named the number one Star Wars toy of 2015.

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Small Business Grants You Can Apply For in October 2024

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Free money might sound like it’s too good to be true – especially in 2024 when businesses are finding it harder than ever to access traditional financing. Yet, whether you’re looking to start a business or take an existing venture to the next level, there is actually a wealth of opportunities out there to help you reach your potential.

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Small Business Grants You Can Apply For in September 2024

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If you’re currently stressed about your business’s finances, you’re not alone. According to research from Goldman Sachs, 77% of small businesses are currently concerned about their ability to access capital – but it’s not a lost cause. Whatever your business size or specialism, chances are there’s a grant initiative out there that you’re eligible for.

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California Lawmakers Pass Controversial AI Bill

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The California State Assembly has passed landmark regulation to curb the potential threat of AI. California lawmakers on Wednesday passed the bill – the first of its kind in the US – pending a vote in the state Senate. Governor Gavin Newsom will now have a month to decide whether or not to approve it. As per the bill, AI companies based in the Golden State will be required to implement a suite of precautionary measures before training AI models.

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Small Business Grants You Can Apply For in August 2024

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As the old adage goes, money doesn’t grow on trees: but it might be easier to access than you think, thanks to the growing number of private grants available to small businesses. Whether you’re unfairly impacted by systematic barriers , or simply lack the capital needed to get your idea off the ground, private grants can provide lifelines to small businesses by enabling them to grow without tying them down with the debts associated with business loans.