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9 Innovative Startups To Watch For in 2024

Tech.Co

2023 hasn't been an easy year to be a startup. In fact, according to Crunchbase more than 212 startups closed their shutters in the third fiscal quarter alone – the highest number recorded in the firm's history. Yet, while many early-stage startups crumbled under the pressure, diamonds also emerged.

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RivetAI Targets Hollywood With AI Tools

socalTECH

Can artificial intelligence help Hollywood unlock more creativity from storytellers? Los Angeles-based RivetAI hopes it can, saying Thursday that it has launched to apply artificial intelligence technology to help assist storytellers in planning and producing content. READ MORE>>.

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What Is xAI? Elon Musk Reveals New Startup To Rival OpenAI

Tech.Co

Initially pinned as a generative AI startup for Twitter when it first hit the headlines back in April, the xAI website seems to suggest that the new startup will remain separate from the social media platform, as well as Musk's collection of other technology companies.

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Graze, Back By Wavemaker, Aims Robotic Mowers At Commercial Market

socalTECH

Santa Monica-based Graze , a new startup backed by Wavemaker Partners, said this morning that it has launched a new, robotic lawn mower targeted at the commercial market. According to the company, it is aiming at launching its fully autonomous, electric lawn mower by 2021.

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The Snap IPO Happened. What Next LA?

Both Sides of the Table

He was running to be the 42nd mayor of Los Angeles and he outlined his vision to “open up the city government to technology and innovation” if he were elected. Snap, Riot Games, Tinder, SpaceX and on and on — these are great things for LA as is every new VC fund launching in LA to create the next big innovation. Are you kidding me?

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We Need Entrepreneurs Who Think Like Revolutionaries

Startup Professionals Musings

Uber and Airbnb are examples of startups that started the sharing movement, but quickly grew to challenge large conglomerates. Great entrepreneurs cross industry boundaries to find synergies, and are constantly in learn mode on several fronts. Utilize the power shift from top-down to bottom-up.

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Parallel Systems Picks Up $49.55M For Autonomous Trains

socalTECH

Culver City-based Parallel Systems, a startup developing autonomous train and transportation technology, said today that it has raised $49.55M in a Series A funding round. The company's founders are engineers from SpaceX, Google, and Tesla. The company is led by CEO Matt Soule.

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