Tag: Startup company

AIBusinessTechnology

AWS Faces Mounting Challenges as Cloud Rivals Gain AI Ground

Amazon’s cloud division experienced one of its most severe outages in history, disrupting services for hundreds of companies. Meanwhile, analysts suggest AWS is losing ground to competitors in the critical artificial intelligence sector. The developments raise questions about the future of cloud infrastructure leadership.

AWS Confronts Operational Crisis

Amazon Web Services, the pioneering cloud computing division that revolutionized corporate data infrastructure, reportedly faced one of its most significant operational challenges this week. According to reports, AWS suffered a major outage lasting approximately 15 hours, disrupting critical services across numerous sectors. The incident affected trading platforms, educational digital curriculums, and even municipal utility payment systems in Amazon’s hometown of Seattle, sources indicate.

by Priya Kapoor
InnovationScienceTechnology

Leadership Shifts Across Tech and Biotech: New Appointments at Allen Institute, AWS, NuScale, and More

The Allen Institute appoints immunology expert Susan Kaech to lead its Immunology Moonshot. AWS shifts Jason Bennett to worldwide startups role, while NuScale Power names a new chief legal officer. Discover these and other executive changes shaping technology and healthcare innovation.

Immunology Moonshot Gains New Leadership

Award-winning immunologist Susan Kaech has been named executive vice president of the Allen Institute’s Immunology Moonshot, according to reports from the organization. The initiative aims to deepen understanding of the immune system’s role in human health and disease. Kaech currently leads the NOMIS Center for Immunobiology and Microbial Pathogenesis at the Salk Institute for Biological Studies and will join the Allen Institute in January.

by Priya Kapoor
BusinessInnovationTechnology

TechCrunch Disrupt 2025 Unveils Comprehensive Roundtable Agenda Featuring AI, Space Economy, and Startup Innovation

TechCrunch Disrupt 2025 has revealed its complete roundtable session agenda, featuring over 25 interactive discussions led by top industry experts. The event, scheduled for October 27 at Moscone West in San Francisco, will cover AI innovation, space economy, fintech transformation, and startup scaling strategies. Early registration offers significant savings before door prices take effect.

Comprehensive Roundtable Agenda Revealed for TechCrunch Disrupt 2025

With TechCrunch Disrupt 2025 just days away, sources indicate the event will feature an extensive lineup of interactive roundtable sessions spanning artificial intelligence, space commercialization, fintech transformation, and startup scaling strategies. According to reports, the three-day event at Moscone West in San Francisco will host more than 25 roundtable discussions led by prominent founders, investors, and industry operators.

by Samuel Kim
BusinessStartupsTechnology

Lakestar Halts New Venture Fundraising, Shifts Focus to Existing Portfolio

Klaus Hommels, founder of Lakestar, announced the firm will not raise new generalist venture funds, instead concentrating on maximizing existing portfolio companies. The shift comes as European venture fundraising faces a significant decline, with funds raising only $8 billion this year compared to $27 billion in 2024.

Strategic Shift for European Venture Giant

Lakestar, one of Europe’s most prominent venture capital firms, has informed investors it will halt raising new generalist venture funds, according to reports. Founder Klaus Hommels stated in a letter to investors that future startup investments will primarily utilize his personal capital rather than institutional funds. The Zurich-based firm, which manages over $2 billion in assets, plans to focus on maximizing value from its existing portfolio companies.

by Priya Kapoor
BusinessStartupsTechnology

TechCrunch Disrupt 2025 Approaches With Final Discount Window Closing Soon

The premier startup conference TechCrunch Disrupt 2025 is set to launch in San Francisco with only days remaining for discounted registration. The event promises networking with thousands of tech professionals and showcases emerging technologies across multiple industries.

Final Registration Window for Major Tech Conference

With only four days remaining before launch, TechCrunch Disrupt 2025 is preparing to take over San Francisco’s Moscone West convention center, according to event organizers. Sources indicate this marks the final opportunity for attendees to secure passes before anticipated price increases take effect.

by Priya Kapoor
BusinessInnovationStartups

Corporate Venture Arms Emerge as Key Partners for Pioneering Climate Technology Projects

As climate tech funding declines sharply in Europe, corporate venture capital firms are positioning themselves as essential partners for first-of-a-kind projects. Sources indicate CVCs provide technical expertise and offtake agreements that traditional investors cannot match, though some concerns about competitive tensions remain.

Corporate Venture Capital Fills Critical Gap in Climate Tech Funding

Corporate venture capital firms are increasingly positioning themselves as essential partners for first-of-a-kind climate technology projects facing massive capital requirements and technical hurdles, according to industry analysis. As traditional climate tech funding reportedly dropped 71% in Europe during the first half of 2025, CVCs claim they can provide the specialized expertise and customer connections that FOAK startups desperately need.

by Samuel Kim