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Relativity, a new star in the space race, raises $140 million for its 3-D printed rockets

TechCrunch LA

Tagging along for the ride are a motley assortment of millionaires and billionaires, movie stars and media moguls that are providing the money the rocket launch services provider and manufacturer of large-scale, 3-D printers needs to achieve its goals. space industry.

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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. The post What Is xAI?

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As Groupon Files For IPO, What SoCal Firms Might Be Next?

socalTECH

Southern California has had its own share of IPOs over the last year, including Demand Media, Active Network, and Boingo Wireless. Backers: Fayez Sarofim & Co, Sequoia Capital, and Technology Crossover Ventures. SpaceX [ profile ]. Those firms are: 1. eHarmony [ profile ]. Business: Online matchmaking/dating.

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LA's Innovators Get Spotlight, But Investors Cautious

socalTECH

--but also speculated on if there's enough capital to fund follow on investments for graduates of those accelerators. and who, as Sky Dayton aptly states --know that the one trait that all entrepreneurs must have: perseverance. READ MORE>>.

Ventura 182
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All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

Today the company officially announced its most recent round of capital ?—?having While this reaction to such a valuation is understandable, to anybody who has seen the meteoric rise in consumer demand and actual revenue the valuation is much less surprising and may turn out to be quite conservative. having raised $300 million?—?less

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

Internap , PricewaterhouseCoopers , Demand Media , Stubbs, Alderton & Markiles LLP , Oracle , Cresa Partners , UK Trade & Investment , PIXT , and many others. You can register for the event at Digital Family Reunion.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. Both are massively funding other LA tech companies through what Fred Wilson once defined as “recycled capital.”