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Results for " startup " 867 found 🔀 AI-powered Shuffle

Nvidia, TCV Invest in Generative AI Startup Higgsfield

Higgsfield, the AI video and image generation startup, extended its Series B funding round with new investments from Nvidia and TCV.

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Oct 23 • 11:18 AM EDT • Entertainment • variety.com
Nvidia, TCV Invest in Generative AI Startup Higgsfield

Higgsfield, the AI video and image generation startup, extended its Series B funding round with new investments from Nvidia and TCV.

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Oct 23 • 11:18 AM EDT • Entertainment • variety.com
Former OpenAI science lead launches Warp Science to automate wet labs with robots

The new startup raised a $215 million round led by Lightspeed.

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Oct 22 • 2:38 PM EDT • Science • techcrunch.com
Birmingham AI security startup launches with $10M seed round

A Birmingham startup has raised $10 million to develop its software that polices AI agents.

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Oct 22 • 12:22 PM EDT • Business • crainsdetroit.com
Ex-OpenAI science head launches startup with $215 million

-- Source link: https://tinyurl.com/44r9pmvj-- Note: Reuters has not verified this story and does not vouch for its accuracy

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Oct 22 • 11:38 AM EDT • Science • tradingview.com
Huntington startup creates landmark-inspired pajamas and gifts

Huntington-based Oyster and Arrow creates hand-illustrated pajamas and gifts inspired by Long Island landmarks. Founded by Emily Greany, the company emphasizes local coastal motifs and has grown to 25 retail partners, with wholesale driving most of its revenue. The brand aims to expand along the East Coast while maintaining personal connections.

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Oct 22 • 11:33 AM EDT • Business • libn.com
Baton Rouge startup selected for national health tech competition

Baton Rouge health technology startup Chrysalis is among 15 teams selected to participate in a national competition focused on using AI to help people living with chronic, difficult-to-diagnose illnesses. The company, co-founded by husband-and-wife duo Brent and Brittany Martin, will present its flagship product, Chrysalis Health Spaces, Thursday afternoon during the final demonstration of the […]

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Oct 22 • 11:02 AM EDT • Health • businessreport.com
5 Startups to Pitch at UToledo Business Incubator’s Tech419 Oct. 29

Three of this year’s five finalists have UToledo ties, with ventures spanning space research, orthopaedic surgery, manufacturing and facility maintenance.

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Oct 22 • 9:34 AM EDT • Business • news.utoledo.edu
Introspection required if EU Inc fails, says start-up lobbyist

European start-ups have a new voice in Brussels. Startups for Europe, created from the merger of lobby groups Allied for Startups and the European Startup Network, is hoping to harness the momentum behind EU-Inc, a campaign that united start-ups and investors behind demands for a new pan-European company regime.At a launch event for the new association in Brussels on October 1, the mood was remarkably upbeat compared to a typical Eurobubble gathering, more Silicon Valley than Schuman roundabout.When asked whether this reflects a feeling that Europe is on the right track, chief executive Serena Borbotti-Frison said it’s a “scary” moment as the continent looks to boost its competitiveness amid a new technological arms race.“What is at stake is quite intense, and the way we can answer is by delivering, but also with hope,” she told Science|Business. “It’s what our industry does. It’s not about identifying a pain point and then saying it’s too hard.”For many in the start-up community, that sense of hope is dwindling. In March, the European Commission presented its proposal for EU Inc, naming its initiative after the grassroots campaign.EU Inc was meant to be a gamechanger: the ability to incorporate within 48 hours for less than €100 and scale up across Europe; a harmonised stock option regime enabling start-ups to compete for talent; and simplified insolvency procedures for innovative start-ups to reduce the cost of failure.However, haggling by EU governments has raised concerns that EU Inc will be stripped of the very features, including stock option harmonisation, that are meant to make it attractive for companies.“I fear we are proving to ourselves that the model doesn’t work,” Borbotti-Frison said of the policymaking process. “Everyone agrees we should have EU Inc. Everyone agrees it’s hard to scale and we need to scale to answer the competitiveness [challenge], and still we cannot deliver? [. . .] What does that say about ourselves?”The Commission has made EU Inc a cornerstone of its single market reform, and has agreed with the European Parliament and the Council of the EU to target an agreement by the end of 2026. However, several points are currently holding up an agreement, including national rules around employee participation in management decisions, and the provision that employee stock options always be taxed at the point of sale. Some EU governments have reportedly pushed back on the Commission’s choice of legal basis, contending that anything related to taxation requires unanimity in the Council.Trade unions have also protested against EU Inc, fearing it will be exploited by companies looking to undermine workers’ rights.“If this doesn’t work, it’s introspection time, on the way our institutions work, maybe the way our lobbies work, and maybe the way the cooperation between them works,” Borbotti-Frison said.“Is it in the national interest? Is it a gap between political will and technical ability to operate? Is it speed? I don't know, but something needs to be fixed.”Ahead of last week’s European Council meeting, EU-Inc campaigners tried a new strategy: appealing directly to EU presidents and prime ministers. In an open letter, they urged EU leaders to “step in and give your negotiating teams a clear mandate to change course and reverse their objections to the Commission’s original proposal.”Lessons from EU-IncLike its predecessors, Startups for Europe will represent national start-up associations, but it is also targeting investors. The founding sponsors are venture capital firm Atomico and EQT, the investor selected earlier this year to manage the €5 billion Scaleup Europe Fund.It also wants to harness the knowledge and cross-border experience of European success stories. “Take the list of the 100 biggest unicorns in Europe. We are speaking to all of them,” Borbotti-Frison said. The association plans to publish a full list of supporters following the Slush tech conference in Helsinki in November.Andreas Klinger and Simon Schaefer, two key figures in the EU-Inc campaign, are both on the board of the new association, and Startups for Europe wants to take the lessons from their campaign.What was unprecedented about EU-Inc was “how rooted it was, and how strong it was in bringing everyone on board behind one clear pain point and solution to fix it,” Borbotti-Frison said. “This is an inspiration for us, and then we need to turn it into something more systematic, more bridged in Brussels, more connected to the policymaking game, and to scale it.”If it’s possible to unite such a broad coalition, it’s because the European start-up ecosystem is now mature, she said. “Maybe it was not ten years ago. Maybe it was not five years ago. But now, it’s mature to speak with one voice.”Open and liberal EuropeThe association plans to campaign on files related to three “pain points,” Borbotti-Frison said: “start and scale in Europe, fundraise and invest in Europe, and making Europe the most innovative continent.”As well as EU Inc, she cited public procurement, the EU’s simplification push, the Savings and Investments Union, and files related to AI adoption and technological sovereignty as priorities for the coming months.What these files have in common is that they relate not to subsidies but to the framework conditions influencing the availability of mostly private, or in the case of procurement, public, funding.Related articlesEmployee participation disagreement delays MEPs’ vote on EU IncCommission urges EU governments not to water down EU IncEU’s ‘ultra-fast’ €5B scale-up fund is set up to win, says its fund managerThe budget dispute over the next Horizon Europe programme will also impact start-ups, which are supported notably through the European Innovation Council. But EU innovation funding is a drop in the ocean compared to venture capital and public procurement budgets.“If competitiveness and innovation are a priority, then the [EU budget] should reflect it,” Borbotti-Frison said. However, she added that the main question is not how much public money is invested, but “how do we create the right conditions for the market to solve the problem?”The Scaleup Europe Fund mixes both approaches, using €1 billion in EU funding to crowd in private investors and address Europe’s lack of large-scale, late-stage growth funds. “It’s a proof of concept. Ideally, then the market will do it itself,” Borbotti-Frison said.Startups for Europe is also focused on bringing an alternative political narrative. Amid competing visions for open, global markets on the one side and a protectionist Europe on the other, it wants to offer “a third voice, to say we can be proudly European and build a strong continent in a liberal economy, open to the world, and global.”It can be tempting, when thinking about how Europe can better support innovation, to look across the Atlantic. But while it’s important to compare statistics to see where Europe needs to catch up, that’s where the comparison should stop, Borbotti-Frison said. “On everything else, we need to do it our own way. We don't have the same history. We don't have the same political model. We don't have the same way of life.”Many of the key files that could benefit the start-up community, including EU Inc and the Savings and Investments Union, rely on closer integration within Europe, making it easier to operate across borders.While the Commission has made deepening the single market a political priority, support at national level is more precarious. The coming months will see pivotal elections in Spain and France, while the German government has also been coming under pressure domestically. In each country, far-right parties have been gaining ground.When asked if she was concerned the political situation could jeopardise this progress, Borbotti-Frison responded: “Of course. I would be lying if I said I wasn’t.” However, she continues to believe that cooperation is the only way forward. “Doing it alone is not the solution. It’s also not who we are, it’s not the model we are building, and it’s not the scale we need.”

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Oct 22 • 8:00 AM EDT • Science • sciencebusiness.net
Driverless taxi service eyes Spokane-area launch

A Spokane-based startup is preparing to introduce autonomous taxi service to the Inland Northwest, with plans for a fleet of driverless Tesla Cybercabs and an operations hub in Liberty Lake.

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Oct 22 • 3:00 AM EDT • Business • spokanejournal.com
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The Timashev Technology Towers will bring business to Ohio State

Ohio State broke ground on the Timashev Technology Tower on Tuesday, marking a new phase for students’ education and investment opportunities for the university. The eight-story and 103,000-square-foot building will bring students, research, startups, large companies and a center for software innovation all together, said University President Ravi Bellamkonda. “The building being set in the […]

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Oct 21 • 11:06 PM EDT • Business • thelantern.com
Grant will aid SC small businesses competing for federal research contracts

SC’s state-run small business incubator will help startups develop new technologies and land government contracts.

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Oct 21 • 3:49 PM EDT • Business • scdailygazette.com
Michigan awards 12 drone projects state funding

The state of Michigan handed out another $1.7 million to drone startups statewide — and Detroit-based companies dominated the list.

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Oct 21 • 2:19 PM EDT • Business • crainsdetroit.com
Anthropic adds former Harvard science dean to oversight body

Anthropic said on Wednesday that Christopher Stubbs, former dean of science at Harvard University, had joined its oversight body, which holds the power to appoint a majority of the AI startup's board.Here are some details:

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Oct 21 • 1:35 PM EDT • Science • tradingview.com
OpenAI acquired biotech startup Orchestra Bio to expand its life sciences AI tools

OpenAI will fold Orchestra's team and technology into Rosalind, its AI models and tools for life sciences researchers

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Oct 21 • 9:14 AM EDT • Science • qz.com
Writing the AI regulation rule book | Investors Lab

A mix of specialized AI security startups and established compliance leaders are stepping up

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Oct 21 • 8:43 AM EDT • Science • sciencenews.org
Student-led composting business brings sustainability efforts to MSU

Starting a business is not easy. Coming up with a good idea is difficult, and securing funding and resources for it once you have it can be even harder. For Tanner Marlow, one of his startup business struggles came after those two steps. He secured ample space and the resources he needed from the university...

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Oct 21 • 1:00 AM EDT • Business • reflector-online.com
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OpenAI acquires startup Orchestra Bio⁠ to beef up its biotech business

OpenAI says it's adding Orchestra's team and technology to work on Rosalind, its AI model for life sciences research, and to its related Rosalind Workbench tool, a harness that aims to help researchers plan experiments and analyze results.

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Oct 20 • 4:35 PM EDT • Business • techcrunch.com
Gen Z founders want lean teams, but they still crave coworkers

I visited a NYC office full of Gen Z startup founders and discovered why building a company with AI doesn't always mean wanting to work alone.

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Oct 20 • 5:23 AM EDT • Business • businessinsider.com
This startup wants to give everyone an AI personality
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Oct 20 • 4:23 AM EDT • Business • cnn.com
I sold my apartment and cashed out my pension to build a chip startup

Hans Hasselby-Andersen quit his engineering job during the 2008 financial crisis with four kids and spent a year raising his first funding.

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Oct 20 • 12:51 AM EDT • Business • businessinsider.com
‘Open your doors for AI’: German chancellor urges businesses to embrace AI as Nvidia announces new investments

Nvidia announced planned investments in four German startups as Chancellor Friedrich Merz urged businesses to embrace AI at an industry summit in Berlin.

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Oct 19 • 10:16 PM EDT • Business • cnbc.com
Judge detains fired OpenAI engineer over concerns on Saudi Arabia ties

Abdulrahman Alfozan, the OpenAI engineer arrested and accused of bugging the AI startup's office, will stay detained after a judge's decision Monday.

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Oct 19 • 4:05 PM EDT • Business • businessinsider.com
Chicago’s tech startups are rediscovering the office

Remote works until it doesn’t, founders say. When culture and speed outweigh convenience.

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Oct 19 • 7:00 AM EDT • Business • chicagobusiness.com
Dealroom.co | Kompanion raises €800K seed to build AI business-management platform

What's the deal? Catalan startup Kompanion has raised €800,000 i…

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Oct 18 • 4:36 PM EDT • Business • app.dealroom.co
Always on, always listening: New AI devices are pushing legal limits and could put users in jeopardy

AI always-listening wearables from Apple, Amazon, Meta and other startups are getting creative with privacy rules and fueling concerns about covert recordings.

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Oct 18 • 8:00 AM EDT • Technology • cnbc.com
Inside a reality show-style incubator for startup founders

A group of startup founders went to eastern Pennsylvania for a lesson in company building. They left with more followers.

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Oct 17 • 10:04 PM EDT • Business • businessinsider.com
Favorite Business Case Studies of MBA Graduates

A look at over 20 cases that defined the MBA experience for the Best & Brightest and MBAs to Watch Class of 2026.

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Oct 17 • 6:34 PM EDT • Business • poetsandquants.com
Live-work-create tech village eyed for Manchester

A tech-entrepreneur turned venture capitalist is eyeing one of the largest undeveloped tracts in Manchester for a community where tech- and startup-minded people would live and work.Freedom Village would be located on 250 acres of mostly wooded land at Hackett Hill, which is located in the northwestern corner of Manchester.

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Oct 16 • 2:06 PM EDT • Business • nhbr.com
Tamaqua Choose Happiness competition offers $50K to new businesses

Three winners of the Tamaqua Choose Happiness Business Plan Competition will share $50,000 in startup funding for new businesses in municipalities comprising the Tamaqua Area School District.

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Oct 16 • 8:55 AM EDT • Business • republicanherald.com
Innovation@Brown Showcase highlights new science, technology ventures

The event awarded prizes to inventor, startup and innovation of the year.

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Oct 16 • 1:17 AM EDT • Science • browndailyherald.com
NVIDIA Joins European Commission Initiative to Expand AI Resources for Science

Oct. 15, 2026 — Much of today’s scientific progress begins with computation. But turning accelerated computing’s potential into scientific progress — modeling climate systems, designing molecules, simulating materials and more — depends on more than breakthrough technology. Especially for smaller labs, early-career scientists or science-based startups, the hardest part of research can be everything that […]

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Oct 15 • 3:18 PM EDT • Science • hpcwire.com
New Steam Update Puts Startup Times Back Ahead of Epic's Vibe-Coded Launcher

Epic Games released a preview of its rebuilt, "vibe coded" Epic Games Launcher on October 14, and took a direct shot at Steam while at it. Epic's own chart shows the new launcher cold starting in 5.47 seconds against 10.07 seconds for Steam, which the company bills as 46% faster. That lead...

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Oct 15 • 11:14 AM EDT • Technology • techpowerup.com
RFP alert: New York State announces over $37 million for cleantech business accelerators

The newly established Commercialization Cohort Initiative seeks to launch four business accelerators to train, mentor and fund clean energy startups and entrepreneurs.

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Oct 15 • 8:22 AM EDT • Business • pv-magazine-usa.com
Inside Business Matters: A transplant’s perspective on CNY, plus news on a local AI startup (how to sign up)

Every Thursday, the Business Matters newsletter gathers Syracuse.com’s most insightful, noteworthy business journalism for readers.

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Oct 15 • 8:00 AM EDT • Business • syracuse.com
Former ARPA-H director Renee Wegrzyn wants to solve science’s ‘magic hands’ problem

With her new startup, Transfyr, Wegrzyn is using AI to help medical breakthroughs make it out of the lab. She explains why that matters, and why she fears America is losing its scientific edge.

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Oct 14 • 12:10 PM EDT • Science • fastcompany.com
The Sewing Hui of Maui launches bridal and formalwear alterations training program

Five Maui residents will receive specialized sewing and business training, with $2,000 in startup funding available to each successful graduate.

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Oct 14 • 12:00 PM EDT • Business • mauinow.com
PROFILE: Ben Sio

New President of CenterState CEO Brings Nearly Two Decades of Experience to Drive CNY Growth By Stefan Yablonski Ben Sio serves as president of the CenterState Corporation for Economic Opportunity — or CenterState CEO. The independent Syracuse-based nonprofit is committed to creating inclusive, equitable and sustainable economic growth in Central New York. “I started in this position in March, so it has been six months. I’m in my 19th year with CenterState,” he said in August. As president, he is responsible for overseeing the organization’s administration and governance, while leading and executing its vision to be an effective advocate, exceptional employer and a force for positive outcomes for the community. He previously served as chief of staff and senior vice president of strategy, policy and planning, overseeing the organization’s long-term strategic planning, consulting, corporate governance, fundraising and development, land-use planning and government relations. In his years with the organization, Sio has led or supported many high-profile strategic initiatives including the creation of the CNY Rising Plan, the launch of the NUAIR Alliance and the region’s UAS strategy, the creation of the Micron-enabled Community Priorities Document and the recently awarded NY Smart I Corridor Tech Hub. “When we decided to split Rob’s [Simpson] role into two positions, he has the CEO title and I got the president title. Rob remains focused on forward looking vision strategy for the organization and I’m more focused on the day-to-day operations,” he explained. “I’m also responsible for building consensus around strategic needs and priorities and managing the change necessary to drive execution. It’s an eventful job. “The experiment that we call CenterState is always evolving and shifting and addressing where we see market demand and market failure. “If we see something in our economy that isn’t going the way we think it should go, then whether it is housing development or workforce development or something else, we are always figuring out how to step into these situations and address those challenges.” “We are the largest ever in terms of staff that we have ever been. We are no longer the 20-person organization we were when we started out many, many years ago,” he said. “There are more day-to-day things to take care of. But also there is just so much happening in the community right now that is pulling CenterState and our expertise in so many directions. I tell people if we were bored and not busy, then I’d be really concerned about what we are doing. But we are not bored. We’ve certainly got our hands full — and that is a good thing.” CenterState has now approximately 63 employees on its staff, according to recent nonprofit database records. It’s involved in myriad programs, ranging from Genius NY, a business accelerator competition for uncrewed systems, IoT and robotics startups, to CenterState Up Start, a collaborative business development program that connects local, service-based businesses and aspiring entrepreneurs to the tools and networks that help them thrive. CNY Guy Through and Through A Central New York guy through and through, Sio was born and raised in Skaneateles. “My mom was a teacher, an art teacher. My father worked for many, many years with National Grid. He was there through the transition from Niagara Mohawk to National Grid,” he said. “Neither of my parents were touched by cutbacks and job loss. But I grew up going through that transition and being concerned that there were rounds of layoffs. My childhood connection to the economy here in Central New York … years ago it was on the decline. There were people that lived here that were concerned about losing their job. They were thinking they lived in a place that didn’t show much promise.” That narrative translated to his generation, he added. “The kids that grew up in the ‘90s in Central New York were very much told, directly or indirectly, by their parents, that they had to go somewhere else to find economic opportunity. That is what I grew up thinking,” he said. “I only went a few miles down Route 20 for college — in Geneva, New York; I graduated from Hobart and William Smith College with a bachelor’s degree in public policy and political science. “I got real interested in regional economies; because what makes regional economy is what makes the economy successful. And when I graduated, I had an opportunity to move to Washington, DC and work down there at a nonprofit doing this work.” However, he decided to stay in Central New York. “I got hired two weeks after I graduated. I got hired by the Greater Syracuse Chamber of Commerce. At the time it was one of two entities doing economic development in Central New York — [the Greater Syracuse Chamber of Commerce and the Metropolitan Development Association] — and it eventually became CenterState CEO,” he said, referring to 2010 merger between the two organizations. During his time at CenterState, Sio has also split time at the Brookings Institution in Washington, D.C., where he supported communities developing export and foreign direct investment (FDI), a long-term cross-border investment where an individual or company from one country buys a lasting stake or control in a business located in another country. The program — known as Global Cities Initiative — was designed to help leaders in major U.S. and international metropolitan areas reorient their local economies toward global markets. “Early on in my tenure at CenterState, we had done a lot of work with the Brookings Institution, just regional planning stuff. We worked with them on developing a regional export plan, to export more products out of Central New York and a larger business plan for the region. They hired me on to help replicate those plans in different parts of the country,”Sio explained. “So, I worked there for three or four years. I worked for CenterState, but I was technically loaned to Brookings for a period of time to help them do this work elsewhere.” Family ties “My wife is Carly. We have been married 14 years. We have two kids, a 3-year-old and a 7-year-old. “With a 3-year-old and a 7-year-old, fun is a relative term these days. We do a lot of hiking. The kids this summer got very interested in waterfalls. We’ve hit every waterfall we could in a short hike — we’ve done Skaneateles and some others.” “I do woodworking and wood turning — it’s a branch of woodworking; you use a wood lathe. My big thing there is making wood bowls. I do that in most of my free time, which is not much,” he quipped. “I like to get into my woodshop and make a bowl and decompress and turn off the rest of the world for a little bit. I usually do it late at night when the house is quiet. It is definitely my escape from the day to day. I make a lot of bowls; all different sizes, all different species of wood. It’s a fun thing to do for me.” He gives away many of his creations. “They are mostly gifts — I don’t really sell them. I really don’t have time to go set up a booth at a fair or craft show. I usually give them away. I donate them to different things. If you are in my periphery, you’ve likely received a salad bowl from me as a gift. I just need to find something to do with all the stuff that I create,” he said. Lifelines Name: Benjamin Sio Position: President, CenterState CEO Birth Date: Not provided Birth place: Syracuse Residence: Westvale Education: Hobart and William Smith Colleges in the Finger Lakes Affiliations: Member of the boards of Skaneateles Festival, Greccio Foundation, Interfaith Works, CNY Community Foundation Personal/family: Married with two kids Hobbies: Woodworking and woodturning

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Oct 14 • 8:23 AM EDT • Business • oswegocountybusiness.com
SPECIAL REPORT: Tough Business

A string of vacant restaurant buildings shows that many restaurants in the region are struggling — and several are closing By Stefan Yablonski [caption id=attachment_11132 align=alignright width=401] Smokey Bones Bar & Fire Grill on Route 31 in Clay closed its doors in April. It had been in operation since at least 2008.[/caption] By their nature, most restaurants have a limited life. An astonishing 60% go out of business within three years of opening, largely due to fundamental flaws in the planning of the operation. But even restaurants that experience years of success almost always face eventual closure. The restaurant business is very hard and because of both personal factors and external factors beyond anyone’s control, restaurants don’t last forever. For many restaurants, age is a big factor, according to Kenneth Walsleben, professor of practice, entrepreneurship and emerging enterprises at Syracuse University. “The owners have been at it for 20 or 25 years, if not longer, they want some time to themselves,” he said. Such was the case for Jocko’s Famous Ritz Diner in Oswego. Jocko Reitz bought the building in the late 1970s from Robert Shapiro. However, when he stepped away from the business, it eventually closed. [caption id=attachment_11142 align=alignright width=402] For nearly 80 years, Vona’s Restaurant passed through three generations of family in Oswego. It closed its doors on Dec. 31, 2025.[/caption] For nearly 80 years, Vona’s passed through three generations of family in Oswego. Vona’s Restaurant officially closed its doors on Dec. 31, 2025, when no family member wanted to take over. It is on the market. The Ruby Tuesday in Oswego operated for about two decades before permanently closing in April 2026. The restaurant faced multiple temporary health department closures in 2024 and 2025 due to persistent fruit fly and foundation pest issues. Management posted a final closure notice on the doors in mid-April 2026 and the building was put up for sale. The same pattern has been happening in Onondaga County. The big building once used by Smokey Bones Bar & Fire Grill on Route 31 in Clay remains empty, more than six months after the restaurant closed its doors in April. It had been in operation since at least 2008. [caption id=attachment_11130 align=alignright width=401] Ruby Tuesday in Oswego operated for about two decades before permanently closing in April 2026.[/caption] Just down the road from Smokey Bones, the popular Outback Steakhouse closed in August 2024. Another restaurant took its place, La Cocina Mexican Restaurant, but it closed shortly after. The building sits empty. Other very popular restaurants in the northern suburbs of Syracuse have recently closed. Among them, Fireside by the River in Baldwinsville and Primo Nestico’s Bistro Bar in North Syracuse. “I haven’t really paid attention to the Syracuse area. There has always been some turnover, but there probably has never been a tougher time to be a restauranter than now. It’s just brutal,” Walsleben said. In the first year, roughly 20% to 25% of restaurants close or change hands, according to the National Restaurant Association. [caption id=attachment_11122 align=alignright width=401] Outback Steakhouse closed in August 2024. Another restaurant took its place, La Cocina Mexican Restaurant, but it closed shortly after. The building sits empty.[/caption] “Depending on what statistics you look at, you’ll find that any business has a high mortality rate in the first year. That is just the nature of entrepreneurship,” Walsleben said. “There are certain ones that are getting hit hard while others are more fruitful. “And when you look at the restaurant industry you have to factor in labor which is a large part — typically a third of your expenses — and those costs are going up. And there is always turnover which means investing money to train people. Then you’ve got food costs, which is also a third of the typical restaurant budget. Since the pandemic labor has gone up 41%, food costs have gone up 35%. That’s a big tight squeeze righty there. That’s two-thirds of your budget that has gone up 35% to 40% in the last few years. And then the only way you can make that work is to raise the prices.” The National Restaurant Association reports menu prices are up 36% since February of 2020. In a survey released by the association, more than eight in 10 restaurant owners reported that their food, beverage and labor costs are now higher than before the pandemic. You have to deal with the reality of are the customers willing to pay for that? Walsleben added. Restaurants historically have very thin margins; their profit margin is about 5%. “You have a third that goes into food, a third that goes into labor and about 28%, 29% that goes into everything else — overhead, insurance etc. So that brings you down to your 5% leftover,” he said. “Everything is going up. Customer expectations are going up and people aren’t going to spend that much more. So, you have a tight squeeze here,” Walsleben continued. “Restaurants who use delivery apps, they pay a fee to those guys. Those guys don’t work for free. So, you can kind of see where the squeeze comes from.” Stuck in the middle There are pockets of opportunity; the two extremes of the market can make a profit. But the middle gets squeezed out. “If you are a low-end fast-food kind of place, there is room for that. People have changed their budgets. They are still going out, but they are not spending more,” according to Walsleben. “The high end remains positive. If you have a restaurant that brings a specific experience … a great food product or you are catering to high end customers who aren’t so budget conscious, those patrons are going to expect a high-end experience. They expect excellent food every time. They are expecting excellent service. If you can meet those expectations there is room for you at the top. It’s just the guys in the middle are getting the squeeze from both ends. Tough competition, customer expectations, costs are up. Menu items, you can’t raise the prices as much as you need to. That is why you are seeing a lot of restaurants baling out.” The ones that can adapt quickly are the ones who are doing OK. “Success is heavily dependent on the strength of a restaurant’s concept development and the planning of its execution. Eventually things aren’t always new. Things change. So, if you are in the restaurant business you have got to change your menu — keep things new, fresh and update your meals. It is very fickle industry. One year carbs are out, the next year berries are out. Everybody’s diet changes — constantly chasing the latest phase. You have got to adjust your menu and move with those modifications. If you have a static menu that you have used the last couple years that hasn’t changed except for the pricing, you’ve got a problem,” he said. A lot of times these buildings are singular purpose, he added. “You have a commercially viable kitchen and you got a seating area. There is not a lot of other businesses that cater to that type of a layout. So, it’s pretty common to see another restaurant slide in,” he said. One of the things a banker learns early on is you don’t lend money to restaurants … because they fail so quickly. It is very hard to predict who the winners will be. So, if you are a restaurant in addition to all the other challenges, it is very difficult to get loans, according to Walsleben. “You might work really well in the kitchen. But that doesn’t mean you are a great businessperson,” he said. “Restaurants can fail because the owner didn’t know how to manage things properly. There are a lot of challenges. “There is opportunity at the high end and the low end. But in the middle, that’s the death valley. There are just so many things working against you. You really need to have something that will pull people in and continue to pull people in because you to constantly have to change. Think about a theme and a product that is unique to the area people don’t travel that far these days you have to be able to deliver it in an innovative fashion and keep updating to keep people coming in the door.” Out of Business? How Fast? Do nine out of 10 restaurants fail in their first year, as commonly claimed? No. Survival analysis of 1.9 million longitudinal microdata for 81,000 full-service restaurants in a 20-year U.S. Bureau of Labor Statistics non public census of business establishments in the western US shows that only 17% of independently owned full-service restaurant startups failed in their first year, compared with 19% for all other service-providing startups, according to ResearchGate. The median lifespan of restaurants is about 4.5 years, slightly longer than that of other service businesses (4.25 years). However, the median lifespan of a restaurant startup with 5 or fewer employees is 3.75 years, slightly shorter than that of other service businesses of the same startup size (4.0 years). What Makes a Restaurant Successful? Opening and maintaining a successful restaurant is not as easy as creating a great menu and serving excellent food. It takes more than that, according to local restaurant owners who have been in business for decades in the region. They all agree that there are some guidelines to running a successful restaurant. • Quality food: Successful restaurants know exactly what they serve and who they serve it to. Delivering the same great taste every single time builds loyal customers. • Smooth operations: Friendly greetings and attentive staff make guests feel welcome from the moment they walk in. Hiring staff for personality and training for skill ensures reliable, caring service. • Smart marketing: Exceptional food and experiences naturally get people talking and sharing online. Word of mouth can help entice customers. Consistent social media and targeted advertising brings in new and repeat guests also. The menu is what keeps patrons coming back to Mimi’s Diner in Fulton, located at 201 N. Second St. “We locally source our produce and our meats. Our chicken and biscuits is a popular, popular special,” said Richard Tagliareni, the third-generation owner and general manager. “It’s all homemade. We have consistently served quality food.” His grandfather started the business more than 55 years ago. Mimi’s is engrained in the community. They cater to the community and are very involved in everything from the schools to local events. The first Mimi’s Drive-In opened in Mexico. Then a second in Oswego and then Fulton. Fulton’s Mimi’s is the only one left. “The last couple of weeks have been kind of slower than normal. October is usually a busier month for us People will start coming back around again. Also, the price of gas is affecting some things,” Tagliareni added. “We try to keep our prices in line. You go out to eat, you’re going to spend about a hundred bucks or so for two people for dinner. You come here to Mimi’s you are probably for two people for dinner it’s between $50 and $60. We are trying to keep our prices in line. We did have to increase our prices a little bit but things are looking OK.” For the Press Box, 29 E. First St., Oswego, it’s also about great food and a family atmosphere. “Our sports bar and restaurant was established in 1984,” said Alison Canale Scanlon, manager. “I think putting the time into everything makes a big difference and treating people like family when they walk into your restaurant. That’s how we have always operated since 1984.” “It’s the family oriented aspect,” she added. “Consistency, quality and presentation of our food — that’s the secret to a successful restaurant. We try to be very consistent with it. We treat people like family when they come in; because we know how we want to be treated when we go to a restaurant. We treat people the same or better.”

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Oct 14 • 8:23 AM EDT • Business • oswegocountybusiness.com
Food-Is-Medicine Has No Billing Code, So A Startup Merged

Attane Health had contracts inside major health plans and sold anyway. Founder Emily Brown on billing codes, 18-month payer cycles and a $5.5 million cap table.

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Oct 14 • 7:50 AM EDT • Health • forbes.com
OpenAI in Early Talks to Buy Security Startup Trail of Bits

OpenAI, which is trying to develop a substantial cybersecurity business, is in early talks to buy Trail of Bits, a startup that finds and fixes vulnerabilities in open-source software, according to people familiar with the matter. The size of the potential deal couldn’t be learned. OpenAI has ...

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Oct 13 • 6:07 PM EDT • Business • theinformation.com
A New Business-Class Sleeper Train Is Launching in Europe, with Fares Starting at $73 Each Way

Berlin-based startup Nox Mobility is set to start service in Germany in March 2027, with plans for rapid expansion over the next decade.

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Oct 13 • 5:25 PM EDT • Business • afar.com
SerpApi GC on Fighting Two Tech Giants and Keeping the Business Moving

Speaking with Law.com, SerpApi's Chad Anson discussed what it means to be a startup GC in two David-versus-Goliath legal battles, why he believes companies sometimes need to litigate more openly, and the advice he would give any in-house lawyer suddenly facing a potentially existential lawsuit.

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Oct 13 • 3:54 PM EDT • Business • law.com
Workday CEO Aneel Bhusri’s unfinished business

Workday rode a startup revolution in the 2010s to become a Fortune 500 software company. Can it turn back time to survive a new, AI-led uprising under the tutelage of one of its founders?

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Oct 13 • 9:00 AM EDT • Business • fortune.com
Business video automation startup Clueso raises $10M to kill off manual production processes

Business video automation startup Clueso raises $10M to kill off manual production processes - SiliconANGLE

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Oct 13 • 8:00 AM EDT • Business • siliconangle.com
Lightsprint secures funding to enhance AI coding for non-techies

Lightsprint, a San Francisco startup, raises $6.1M to help non-engineers like designers and product managers edit code using AI tools.

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Oct 13 • 8:00 AM EDT • Business • businessinsider.com
Exclusive: Allara Health raises $39M for women's health care network

Women's health startups are attracting fresh investor interest.

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Oct 13 • 7:30 AM EDT • Health • axios.com
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Mesa School of Business raises ₹110 crore to expand its portfolio of programmes for the AI era

Mesa School of Business has raised ₹110 crore, comprising ~₹85 crore in Series A equity funding co-led by Dharana Capital and existing investor Elevation Capital, and ₹25 crore in venture debt from InnoVen Capital and Alteria Capital. New capital will be used to invest in AI-first curriculum for existing programs, launch & grow new programs and build strategic partnerships with the startup ecosystem.

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Oct 12 • 11:30 PM EDT • Business • finance.yahoo.com
Five new startups join Argonne's entrepreneurship program

Chain Reaction Innovations at Argonne National Laboratory announces five new innovators who will join its 10th cohort. These entrepreneurs have been awarded two-year fellowships to advance their energy and science technologies.

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Oct 12 • 8:00 AM EDT • Science • anl.gov
Springfield entrepreneurs invited to attend free business seminar

Small business owners can choose from three learning tracks at the free SGF Business Lab event Oct. 14 in Springfield.

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Oct 12 • 4:48 AM EDT • Business • news-leader.com
Amazon's $7 billion Decart talks echo a deal that changed its cloud business

Amazon's 2015 acquisition of Israeli chipmaker Annapurna Labs helped lay the foundations for its in-house silicon business. Now, the tech giant is reportedly pursuing Decart, an Israeli AI startup whose technology can help AI models run more efficiently on chips, including Amazon's own Trainium processors.

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Oct 12 • 3:00 AM EDT • Business • calcalistech.com
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Exclusive | Amazon in Talks to Buy AI Startup Decart for Around $7 Billion

The San Francisco company’s software makes it easier for developers to switch between different AI chips.

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Oct 11 • 4:26 PM EDT • Business • wsj.com
Former Microsoft engineer left $200K job to build AI startup solo

Junead Khan left Microsoft after two years to pursue his AI startup. He explains why he quit his six-figure job without customers or VC funding.

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Oct 11 • 7:00 AM EDT • Business • businessinsider.com
Apple discloses deal to hire team and license tech from personalized podcast startup Huxe

Is Apple hoping to get into the AI-generated podcast business?

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Oct 10 • 3:50 PM EDT • Technology • techcrunch.com
6 Hobbies That Can Become Startup Ideas, From Photography to Travel

Your next business may be hiding in what you already do for fun. These hobbies can produce practical startup ideas with growing markets.

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Oct 10 • 7:00 AM EDT • Business • inc.com
Apple Stores Will Add Your Name to iPhone Duo's Startup Screen

Apple has something special planned for customers who purchase an iPhone Duo in an Apple Store. Employees will be able to customize the Duo so it displays the name of the buyer at the "Hello" screen when it turns on for the first time. Bloomberg's Mark Gurman says Apple retail stores in the United States will have a personalization system for adding the buyer's name to an iPhone Duo, with English and Spanish language options.

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Oct 9 • 7:17 PM EDT • Technology • macrumors.com
Apple acqui-hires AI startup founded by former NotebookLM developers

The European Union’s Digital Markets Act transparency site lists Huxe as Apple’s newest acqui-hire, and at least the fourth AI-related deal disclosed this year. Here are the details.

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Oct 9 • 4:04 PM EDT • Technology • 9to5mac.com
WTAMU to host business startup seminar Monday

West Texas A&M University is set to host a business startup seminar Monday.

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Oct 9 • 4:01 PM EDT • Business • newschannel10.com
States bet big on rural health startups, with a Silicon Valley twist

A handful of states set aside money from their share of the $50 billion federal Rural Health Transformation Program to quickly invest in new technologies.

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Oct 9 • 2:28 PM EDT • Health • modernhealthcare.com
A new defense tech initiative will serve Baton Rouge startups, small businesses

Baton Rouge has been included in a new federally backed defense technology initiative aimed at helping Louisiana startups and small businesses compete for military and commercial work. The U.S. Small Business Administration this week awarded $1 million to Precision Platform Solutions, the legal entity behind Monroe-based Maven Scouts, to launch the Gulf South Defense Tech […]

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Oct 9 • 11:02 AM EDT • Business • businessreport.com
Instinct was the buzziest AI agent around

The much-hyped startup is in the hot seat.

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Oct 9 • 10:00 AM EDT • Technology • theverge.com
Vinod Khosla Backs An AI Startup Building A Mind-Reading Baseball Cap

Palo Alto-based Sabi is betting its cap, outfitted with 100,000 sensors, will enable people to talk to their AI agents just by thinking.

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Oct 9 • 7:29 AM EDT • Technology • forbes.com
What's Whatnot? Culver City startup sparks controversial spending spree and mints new stars

A California e-commerce platform is fueling the rise of live shopping in the United States, taking on giants such as TikTok and tackling concerns that the app is draining people's bank accounts.

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Oct 9 • 6:00 AM EDT • Business • latimes.com
Sweden’s startups will raise $5 billion in 2026. Our secret sauce is 150 years old

The precedents run so far back that we even have a Swedish word for inventor-founded firms of the late 19th century: snilleföretag or "genius companies."

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Oct 9 • 3:00 AM EDT • Business • fortune.com
Startup Snapshot: Gudea

The Minneapolis-based startup is a digital version of the old listening post.

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Oct 8 • 1:40 PM EDT • Business • tcbmag.com
AI for breast cancer risk prediction goes DTC, regulatory cloud over Utah sandbox, and AI psychosis

In this edition of STAT's Health Tech: The story of a startup taking its algorithm for breast cancer risk prediction directly to patients, and more.

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Oct 8 • 11:43 AM EDT • Health • statnews.com
Cal AI's 19-year-old founder just raised $10M for his new AI startup

Zach Yadegari, the teen co-founder of popular Cal AI calorie tracking app, has launched a new personal AI agent startup that competes with Instinct, Muse and Bee.

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Oct 8 • 10:00 AM EDT • Technology • techcrunch.com
GenScript Launches Life Sciences Startup PitchFest with NVIDIA to Accelerate Biotech Innovation

/PRNewswire/ -- GenScript Biotech Corporation today announced the GenScript and NVIDIA Life Sciences Startup PitchFest, a global competition for startups...

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Oct 8 • 10:00 AM EDT • Science • prnewswire.com
News and notes from Iowa Startup Week

Last week’s Iowa Startup Week event featured a packed four days of keynotes, panels, and networking opportunities, all aiming to spotlight and celebrate entrepreneurship in Iowa. The Business Record attended several sessions and gathered reactions from attendees. Here are snapshots of what we heard. Iowa is an ‘incredibly rich community’ to help startups Joseph Nelson, co-founder…

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Oct 8 • 8:00 AM EDT • Business • businessrecord.com
From storefronts to startups: Student entrepreneurs grow their businesses at Mizzou

A new cohort of Tigers is turning ideas into businesses through hands-on experiences in the Mizzou Student Center — while returning entrepreneurs are taking their ventures to the next level.

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Oct 8 • 8:00 AM EDT • Business • showme.missouri.edu
Why this startup is taking its AI to predict breast cancer risk directly to patients

A startup didn't want to wait for doctors and insurers to get behind its breast-cancer risk prediction AI. So it's going directly to patients.

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Oct 8 • 4:30 AM EDT • Health • statnews.com
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College students competing in "America's Startup" contest use AI to start businesses from their dorms
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Oct 7 • 1:17 PM EDT • Business • cbsnews.com
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Adelphi awarded $982K for no-cost entrepreneurship program

Adelphi University secured a $982,000 grant to launch the Adelphi Entrepreneur Experience, a no-cost program designed to equip students and local entrepreneurs with skills to develop startups in high-growth and public service sectors across in the New York region.

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Oct 7 • 11:05 AM EDT • Business • libn.com
Silicon Valley startup bets on North Bay to pioneer lab-grown diamond tech

Can Petaluma become the next high-tech manufacturing hub? Mountain View startup Diamond Quanta bets on lab-grown diamonds for cell phone screens and computer chips for a “Telecom Valley” revival.

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Oct 7 • 10:51 AM EDT • Business • mercurynews.com
B.P. Marsh takes 30% of marine underwriting startup

British private equity firm B.P. Marsh and Partners plc has acquired a 30% stake in newly formed London Market underwriting agency Dauntless U/W Ltd., Reinsurance News reported.

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Oct 7 • 10:18 AM EDT • Business • businessinsurance.com
Silicon Valley startup prospects for ‘Diamond Valley’ business cluster in new high-tech Petaluma facility

Can Petaluma become the next high-tech manufacturing hub? Silicon Valley startup Diamond Quanta bets on lab-grown diamonds for cell phone screens and computer chips for a “Telecom Valley” revival.

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Oct 7 • 9:00 AM EDT • Business • pressdemocrat.com
Meta joins with group of companies to tame ‘chaos’ of doing business with AI bots

Meta and OpenAI Chairman Bret Taylor’s startup Sierra are building a set of tech standards to make it easier to do business with AI bots.

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Oct 6 • 2:15 PM EDT • Business • cnbc.com
AI founders for hire: Startup hub Foundations launches service to connect businesses with builders

Foundations Design and Engineering is meant in part to give founders a new way to fund their companies as early-stage investment gets harder to raise. Prices and the share of each contract that Foundations will keep are still being worked out.

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Oct 6 • 12:22 PM EDT • Business • geekwire.com
MS in AI in Business Starts Up at UMW Through Interdisciplinary and Industry-Spanning Courses

byThe new Master of Science in AI in Business is in its startup year at the University of Mary Washington, and the first-of-its-kind graduate program in Virginia is already attracting entrepreneurs and business owners, project managers and business analysts, account executive and directors, as well as engineers and vice presidents. The varied titles and career […]

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Oct 6 • 11:33 AM EDT • Business • umw.edu
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AI startup offers tools to minimize flight delay losses
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Oct 5 • 5:48 PM EDT • Business • cnn.com
Arlington maritime startup raises $140M in Series B funding

Arlington County maritime startup Quartermaster AI raised $140 million in Series B funding to grow headcount and recruit new vessels.

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Oct 5 • 4:19 PM EDT • Business • virginiabusiness.com
Computer science student is a CEO before earning diploma

Marcel Slowikowski (’26 computer science) launched an AI startup this summer, months before he earns his computer science degree.

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Oct 5 • 12:18 PM EDT • Science • news.las.iastate.edu
NWA C-Suite: Brett Amerine

Since 2014, Amerine has been the key leader in driving the growth and success of the Startup Junkie Consulting entrepreneurial support organization. He also launched the 501(c)(3) Startup Junkie Foundation...

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Oct 5 • 10:00 AM EDT • Business • talkbusiness.net
Obesity Startup Ilant Health Bets Its Revenue On Better Patient Outcomes

Founder Elina Onitskansky's Ilant Health has raised over $22 million to pair weight loss drugs with dietitians, behavioral health and peer support.

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Oct 5 • 7:06 AM EDT • Health • forbes.com
UConn Scientists’ Startup Seeks to Advance Women’s Reproductive Healthcare

'Historically, women’s health has received insufficient attention in medical research and testing'

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Oct 5 • 7:06 AM EDT • Health • today.uconn.edu
How to get up to $10,000 for your farm stay startup

Airbnb partners with American Farmland Trust to provide grants to producers who want to add farm stays to their business. Learn more at Oct. 14 webinar.

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Oct 5 • 3:00 AM EDT • Business • farmprogress.com
Spotify billionaire’s body scan startup has come to America

Farooq Abbasi, an investor in Neko Health, talked to Equity about the hot health tech company and what's next for it.

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Oct 3 • 10:00 AM EDT • Health • techcrunch.com
America wants to wean itself off Chinese technology. Will the pain pay off?

Seven years after founding a robotics startup in San Francisco, Rajat Bhageria is confronting a daunting new task: building robots without any help from China.

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Oct 3 • 12:11 AM EDT • Business • cnn.com
Where startups should test to scale

Should companies test products in their familiar, local pond or in the new market where they want to scale?

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Oct 2 • 3:32 PM EDT • Business • business.columbia.edu
Four Life Science Startups Compete for the BioTools Innovator 2026 Award

After participating in BioTools Innovator’s four-month accelerator program, these finalists will contest on stage for a $250,000 prize during a capstone pitch event.

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Oct 2 • 12:00 AM EDT • Science • the-scientist.com
Hearing tech startup Legato launches its AI hearing glasses

The glasses stem from the startup’s goal of making hearing care more accessible by addressing the cost, comfort, and stigma associated with traditional hearing aids.

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Oct 1 • 9:00 AM EDT • Technology • techcrunch.com
Global Health & WASH: October 2026 Funding Opportunities (26 new opportunities)

41 opportunities on the Global Health & WASH page this cycle, 26 of them new. The health money on this page is mostly research money, and much of it is aimed at people early in their careers. Funder after funder, from the TANGO2 Research Foundation’s Research Pathways grants to the South African Medical Research Council’s Early Investigators Programme to the National Ataxia Foundation and Alex’s Lemonade Stand Foundation, is funding early-career investigators and the institutions that host them, with a clear tilt toward researchers based in or from the Global South, from AMBSO in Uganda to Kenya’s CONNECT-VAX network to Ersilia’s AI Incubator for African drug discovery. The money is organized by disease as much as by need: narrow foundations, the Parkinson’s Foundation, NTAP for neurofibromatosis, the RUNX1 Research Program for an inherited blood disorder, each run their own grant, so the question for an applicant is less which health problem you work on than which foundation owns your disease. The largest European cheques go to consortia only, with the European Innovation Council putting up to EUR €4 million behind a single healthy-ageing project and UNITE up to EUR €1 million behind each cross-border digital health team. Water sits apart, almost entirely in applied utility research: the Water Research Foundation’s cluster of USD $250,000 to $500,000 projects, each built around a utility problem from sewer laterals to reuse treatment. And the biggest single pot is public: HRSA is renewing community health center service areas with awards of up to USD $10 million each. This post is for paid subscribers. This helps support the time and effort it takes to curate and organize these opportunities. Subscribe To keep this accessible to everyone who needs it, we’re happy to offer pay what you can rates. You can find more details here. Open Opportunities 2027 Building the Field of Health Advocacy Grant, Georgia Health Initiative. *New!* *Closing soon!* Georgia Health Initiative, a nonprofit private foundation focused on health equity, is opening its 2027 Building the Field of Health Advocacy Grant to strengthen the organizations that push for healthier systems across the state. The Initiative treats advocacy as infrastructure, backing one-year projects that range from urgent responses to shifting federal policy to longer arc campaigns on housing, behavioral health, care access, and food security. It wants coalitions that elevate community voice, apply an equity lens, and arrive ready to deploy concrete strategies, and it deliberately seeks variety in issues, communities, and organizational size. The optional webinar and required lobbying training signal a funder investing in a durable field, not one grant cycle. The strongest fits are Georgia nonprofits and public agencies ready to turn advocacy readiness into systems change. Geographies: United States. Who can apply: Tax-exempt 501(c)(3) public charities, state or local government agencies, or coalitions/collaboratives using a 501(c)(3) fiscal sponsor, that work in Georgia on behalf of Georgians and align with the mission, vision, and values of Georgia Health Initiative. Only one application per organization, though an organization may be listed as a partner or subcontractor on multiple applications. Funding amount: Organizations can apply for up to USD $80,000 per project; the Initiative anticipates investing a total of USD $1.36 million. Targeted Sectors / SDGs: Governance, Policy & Advocacy · SDG3; SDG10. Deadline: October 2, 2026. Learn more and apply here. TDD Research Pathways Grant, TANGO2 Research Foundation. *New!* *Closing soon!* The TANGO2 Research Foundation, working with a founding gift from Tango2UK, is opening its TDD Research Pathways Grant to fund early-career investigators anywhere in the world who study TANGO2 Deficiency Disorder. The foundation is using this money to seed pilot work and to build a research community around a rare disorder that few labs currently study. It wants to back emerging scientists, clinicians, and trainees who will stay with this field, not one-off projects, which is why it requires a committed mentor and real institutional support and asks each applicant for a plan for future contributions. The design rewards promise and persistence over track record. The strongest fits are students, residents, postdoctoral fellows, and new investigators ready to commit to TANGO2 research. Geographies: Global. Who can apply: Early-career investigators worldwide, including undergraduate, graduate, and medical trainees, postdoctoral fellows, residents, and clinical or research fellows. Early-career investigators must hold a PhD, MD, or equivalent doctoral degree and be within 10 years of that degree or within 5 years of initiating rare disease research, engaged in postdoctoral research at an academic institution, teaching hospital, or nonprofit research institute. Currently enrolled trainees and transitional PhD candidates beginning a postdoctoral appointment at a nonprofit institution by July 1, 2026 are also eligible. All applicants must identify a qualified mentor with relevant TDD or rare disease research experience and demonstrate institutional support. Funding amount: Up to USD $15,000. Targeted Sectors / SDGs: Innovation, Science & Technology. Deadline: October 2, 2026. Learn more and apply here. Call for Expression of Interest (EOI): AMBSO Impact Research Initiative, Africa Medical and Behavioral Sciences Organization (AMBSO). *Closing soon!* The Africa Medical and Behavioral Sciences Organization is inviting expressions of interest for its Impact Research Initiative, which funds early-stage pilot studies and proof of concept work on priority health challenges. AMBSO is a Ugandan research organization backing bold ideas that can grow into larger studies, and its tracks span antimicrobial resistance, epidemic preparedness, artificial intelligence for diagnostics, HIV prevention, climate and health, cancer, maternal and child health, and non-communicable diseases. The small award size and direct-cost-only rule point to a funder that wants evidence rather than overhead, and that favors projects able to attract follow-on money or use AMBSO’s own research infrastructure. Eligibility runs worldwide, welcoming researchers and institutions inside and outside Africa. The strongest fits are researchers with a feasible pilot that generates policy-ready evidence. Geographies: Global. Who can apply: Open worldwide to researchers, academic institutions, and research organizations whose work aligns with generating high-impact health evidence. Independent researchers are eligible if affiliated with an academic or research institution. Doctoral students are encouraged to apply as part of a research team led by a faculty Principal Investigator. Community-based organizations and other eligible entities may apply. Projects may be implemented inside or outside Uganda. Funding amount: Up to USD $10,000 per project, with no minimum funding threshold. Targeted Sectors / SDGs: SDG3. Deadline: October 2, 2026. Learn more and apply here. Entrepreneurs for Resilience 2027 (E4R27), Swiss Re Foundation. *Closing soon!* Swiss Re Foundation is opening the tenth edition of Entrepreneurs for Resilience, which backs healthcare social enterprises expanding affordable, quality primary care for low-income communities across low- and middle-income countries. The Foundation is using catalytic, blended funding plus multi-year advisory to take risk out of scaling, helping proven models reach more people sustainably rather than stay stuck at pilot size. It looks to back brick-and-click enterprises that pair physical care with digital tools and build affordability through savings, payments, or microinsurance, ideally integrated with public health systems. Requiring earned revenue, real customer scale, and gender-inclusive teams signals that this is growth capital for commercially serious ventures, not seed money. The strongest fits are established, revenue-generating healthcare enterprises ready to scale access for underserved populations. Geographies: Global. Who can apply: For-profit and hybrid healthcare social enterprises serving low-income and underserved populations in low- and middle-income countries, using combined physical and digital (brick-and-click) healthcare delivery models. Applicants must demonstrate measurable social impact, generate at least 50% of income through earned revenue, have been established no later than December 2023, already serve at least 50,000 people with potential to scale, and have at least 30% low-income customers. Preference for gender-inclusive enterprises with at least one female founder or at least 30% women in management. Funding amount: Pilot funding of up to USD $45,000 for the 6-8 shortlisted social enterprises; up to USD $1 million in blended funding (up to USD $600,000 unconditional plus up to USD $400,000 conditional) shared among 3-4 finalists over a two-year implementation period; total programme funding approximately USD $1.3 million. Targeted Sectors / SDGs: Innovation, Science & Technology · SDG3; SDG5. Deadline: October 4, 2026. Learn more and apply here. Horizon HealthTech 2026, IIITD Innovation & Incubation Center. *Closing soon!* IIITD Innovation and Incubation Center is opening Horizon HealthTech 2026, a nine-month MedTech incubation cohort run under the aegis of BIRAC EDGE for founders building medical devices, diagnostics, surgical and interventional tools, or remote monitoring. The center is backing teams that already hold a validated proof of concept and want to reach a tested prototype, pairing each founder with a named expert and clinical validation through a hospital partner. What they seek to back is Indian health technology that can survive real clinical scrutiny and regulatory review, not slideware. The structure, with lab access, CDSCO guidance, IP support, and investor connects, signals a program built to make startups ready for follow-on capital. The strongest fits are early-stage MedTech teams with defensible IP and a working path from bench to bedside. Geographies: India. Who can apply: Early-stage teams/startups with a validated idea/proof of concept (TRL 3 onwards) working on medical devices, diagnostics, surgical/interventional technologies, or remote monitoring, holding IP or with potential to generate IP. Funding amount: No cash award amount is stated on the official program page. Benefits are in-kind: prototyping lab and equipment access, clinical/hospital validation (Max Healthcare), expert mentorship, CDSCO regulatory guidance, IP filing support, workspace, cloud credits and tools, and investor connects. Run under the aegis of BIRAC EDGE and builds a path to follow-on Government/VC/Angel funding. Targeted Sectors / SDGs: Innovation, Science & Technology · SDG3; SDG9. Deadline: October 5, 2026. Learn more and apply here. OpenAI AI and Teen Development Research Grant Program, OpenAI. *New!* *Closing soon!* OpenAI is opening its AI and Teen Development Research Grant Program to fund independent studies of how generative AI shapes the lives of young people ages 13 to 17. OpenAI wants a stronger evidence base on how teens actually use these tools and what that use does to their social and emotional development, so that product teams, policymakers, and regulators can act on findings rather than assumptions. It seeks work on emotion regulation, relationships, belonging, and the safeguards that keep teens safer, welcoming interdisciplinary teams and any methodology. That it will fund research whose conclusions may not favor AI providers, and prioritizes studies touching ChatGPT, signals a genuine appetite for credible outside scrutiny. The strongest fits are research groups grounded in adolescent development, well-being, and AI safety. Geographies: Global. Who can apply: Researchers aged 18 or older who are affiliated with a research institution or organization, and/or have significant experience relevant to child or adolescent development, well-being, human-computer interaction, AI impacts, or a closely related field. Multiple institutions may collaborate. OpenAI is seeking to fund research rather than for-profit initiatives and will not prioritize for-profit organizations. Funding amount: Individual research grants up to USD $1 million, totaling up to USD $5 million; maximum 10% of each grant for overhead or indirect costs. Targeted Sectors / SDGs: Social Inclusion & Community Wellbeing; Innovation, Science & Technology. Deadline: October 6, 2026. Learn more and apply here.

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Oct 1 • 6:29 AM EDT • Health • impactfunding.substack.com
September Monthly Review: Health MCP Guy?

For all the time I spend talking about APIs and data exchange, this newsletter has had embarrassingly little interoperability of its own. It’s old-school SaaS, baby - UI or bust. Not all of that is my fault! Substack, for all its popularity, is (as mentioned before) really frustrating as my system of record. The primary user it optimizes towards is the reader, whose attention feeds the app, the Notes feed, and the recommendation network that Substack is actually selling. Health API Guy is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe They’re falling into the same trap that Medium once sprinted into, albeit at a much more glacial speed. Younger generations may not remember (or never knew) it, but Medium once lured publications like The Ringer and Signal v. Noise onto its platform, only to lose them as it rebuilt itself around a paywall and an algorithmic feed. Substack’s original pitch circa 2020 was the antidote (you own your list), but every new feed feature chips away at it. I get it: writers are generic supply in the eyes of the Substack product team. Generic supply follows demand, so the consistent pressure on the PMs is to generate demand, which leads to every product cycle going toward discovery (Notes, recommendations, the app, live video). The end result lackluster author tools (laggy and broken analytics are truly crippling) all despite the premium price point. The archive is where it crosses from authorial gripes to actual reader impact, though. Across Substack and LinkedIn, I’ve published 1,218 posts and nearly 900,000 words since 2018. Substack’s native search can see only the 464 posts that live on Substack, and even there it’s woefully inadequate at surfacing relevant content (even for the guy who wrote it)! Readers have the same problem, writ large. Ask the Archive Fixing search (for both my readers and my own use) turned out to be extremely non-trivial, unfortunately: There’s no public API for readers to access content RSS exists for new content notification, but it only carries the 20 most recent posts and cuts paid ones off at the preview The only Substack MCP is an admin tool for analytics The export exists for authors, but it’s painfully awkward and slow. So I built something to work around that: the Health API Guy MCP. It’s a private MCP server holding the full text of everything I’ve written across Substack and LinkedIn. Add it to Claude or ChatGPT as a connector and you can ask things like: It pairs keyword search (for acronyms and case names, of which we have many) with semantic search. Every post is also labeled by topic, form, and court case, so you can pull a lawsuit’s (or multiple cases’) entire docket across Substack and LinkedIn in one query: Hail, Healthapiguyhydra This is also a bit of me eating my own cooking. I’ve spent the year arguing that headless healthcare is arriving and that developers want primitives over abstractions. Last week in Hail, Benihydra, I watched Salesforce plug its platform into Claude and bet that the records underneath outlive whatever interface sits on top: Salesforce must believe that the Hydra’s immortal head is the records, permissions, and business logic (in that they will survive whatever happens to the interface). It felt a bit hypocritical to keep my own archive behind a Substack search bar. The archive is the body. Substack is one head, and now whatever tool you might use is another. Will the EHRs follow my lead? Probably not imminently, but one can hope! Why Founding Members Only The MCP is available to Founding Member subscribers. A few reasons: It costs money and time to run. Hosting, the database, Clerk usage and AI compute for search and labeling are significant operational costs (that increase with usage). Substack gives me no way to automate access. There’s no API to check whether someone is a paid subscriber, so every user is manual operations for now. It’s a beta. We’ll need to improve things and parts will break. I’d rather they break for a small group of dedicated readers who will tell me about it. The Founding tier deserved a real benefit. Until now it was mostly a generous tip. Now it comes with something. If you’re already a Founding Member, reply to this email with the address you’d like provisioned. If you’re not and want in, upgrade here. Larger teams (such as companies) can get access too: group subscriptions at the Founding tier come with the group discount. The admin for the subscription can reply with the list of addresses to provision. Get 20% off a group subscription Pricing Founding membership is now a flat $200 a year, replacing the old suggested $150 that readers could adjust. Existing Founding Members will have access grandfathered in at their previous rate. Month in Review Articles Published Make Networks Dumb Again (Sep 11): AI is making old analog networks cheaper to use and flooding them with machine traffic in the process. A plea for agent-native rails with the intelligence at the endpoints, and for Washington to drag them to ubiquity. Interoperability, Unbuttoned (Sep 29): Interoperability is a series of workflows in a trenchcoat, and this post finally takes the trenchcoat off. A color-coded map shows which provider workflows went digital, which are fragmented, and which still run on fax. Video Content Antitrust’s System of Record Problem (Sep 3): The FTC’s investigation into Epic prompted a ninety-minute webinar, now posted with chapters and a smoothed transcript. We get into why market definition, missing B2B share data, and the SSNIP test leave antitrust poorly suited to systems of record, plus why information blocking may be doing more than any pending lawsuit. The Information Exchange: Cerner Milking Edition (Sep 18): This was so fucking fun. Ryan Tucker, Ryan Brickner, Brad Thorson, and I try an Around the Horn format, complete with points, penalties, and a mute button. We debate whether Oracle Health is dead, who would actually buy Cerner (IBM enters the chat), p(Doom), and why the front desk still hands you a clipboard. Regulatory Ask Not What Your Network Can Do (Sep 23): CDC’s RFI on public health data intermediaries lists use cases already served, unevenly, by eCR, lab reporting, IZ Gateway, and syndromic surveillance. The real opportunity sits in one question about AI: a network that can handle the next emergency without another interface project. Court cases Particle v. Epic: The Naughty Schoolteacher (Sep 4): After a summer-long vigil, the answer on Epic’s early summary judgment bid is two paragraphs and a remedial assignment. Particle advances to the next grade, and market definition gets another year of discovery. The Epic Discovery Files (Sep 8): Texas’s motions to compel arrive with a 251-page appendix of requests, objections, and meet-and-confer letters with Cravath. Inside: Epic using generative AI for document review, denied interoperability requests in scope, and Noerr-Pennington raised against lobbying discovery. Epic v. Health Gorilla: “Working as Designed” (Sep 9): Epic wants nothing to do with the data breach MDL, and explaining why puts fresh discovery on the public docket. The spiciest allegation: Health Gorilla told GuardDog to scrub its law firm business from its website instead of cutting off access. Veeva v. Epic: Legal Bypass Surgery (Sep 15): Veeva asks the Wisconsin Supreme Court to skip the Court of Appeals, while law professors and three policy groups line up as amici. Meanwhile, Epic’s lawyers apologize for another round of citation errors, including a quote that never existed. Texas v. Epic: Behind the Black Bars (Sep 17): The court portal served up Epic’s unredacted filings, revealing a $5 million document review budget and the AI workflow behind it. Also inside: the 200-plus company names Texas wants searched, and one very expensive Zoom invitation. OpenEvidence v. Doximity: Consequences Will Follow (Sep 25): OpenEvidence tells the court it will not comply with a discovery order, and its own lawyers at Quinn Emanuel say they won’t defend the choice. Add years of Slack reported unrecoverable, and Rule 37 sanctions come into view. Health Tech Keeps Choosing Violence (Sep 28): Doximity moves to end OpenEvidence’s case, Epic asks Texas to show its work, and a sleepy Audacious Inquiry patent fight sprouts antitrust and information blocking counterclaims. The main event is a long-sealed Cognizant v. Infosys ruling that hints where system of record antitrust claims can survive. EHRs One Verb for Oracle Health (Sep 14): Oracle’s earnings call quantifies every data center to the decimal point, while Oracle Health gets a single verb: “accelerate.” Panning the few healthcare mentions turns up an agentic care management system, a research-to-care ledger play, and the question of whether healthcare gets Larry’s patience. Epic’s Forretress Under Siege (Sep 30): Judy Faulkner tells a panel Epic paused hundreds of projects to harden its software and calls it a “shame,” while a spokesperson insists the roadmap hasn’t changed. Project Glasswing, a Pokémon-branded QAN sprint, and a trove of Jodel grievances reconcile the two Epics and preview the Jevons paradox coming for all software. Industry Analysis Scanning for a Network (Sep 1): Scan.com raises $220M to build the imaging network labs never got, speedrunning Zocdoc’s consumer-to-B2B pivot. Its wedge to network density may be the most American one available: personal injury litigation. The Front Desk Wants the Damn Whole Building (Sep 16): Hello Patient buys Converse Health, pushing its AI front desk into referrals, chart work, and prior auth. The copilot categories keep blurring, and your distribution partner is still your final boss. Cross-industry Comparisons A Different Patchwork Quilt (Sep 10): Healthcare loves to envy open banking, but the US version has no mandate, a toll booth at Chase, and data quality problems of its own. The grass isn’t greener; it’s another American patchwork quilt, and perhaps a worse one. Hail, Benihydra (Sep 21): Salesforce brings its platform into Claude, Slack, and its own agent, inviting the interfaces that might replace it. Cut off one head and more grow back, so long as the records underneath stay put. Living on A Trade Secret Prayer (Sep 22): Six credit unions are suing Fiserv, the Epic of core banking, by claiming their own member records as trade secrets. Banking has no Cures Act, so its lawyers reach for legal alchemy that healthcare has already tried. Other News None this month External Media Nabla Accelerate NYC: I kicked off fall conference season at Nabla’s Accelerate event in New York, where Delphine Groll opened by asking the room to picture the company it wants to become and the one it doesn’t. I liked her framework of bureaucracy, fear, and ego as the blockers. I also love vendor conferences/events in general - different vibe than industry biggies. Healthcare 101 with Nikhil Krishnan: I briefly guest lectured Out-Of-Pocket’s Healthcare 101 class. Appreciated Nikhil’s takeaways cover whether AI doctors can query HIEs, why healthcare’s data-liberation rules beat most industries’, and the hi-res graphic is in the comments. HCN: Epic Probed by the FTC: I joined the HCN guys to talk through the FTC’s investigation into Epic. Cedric’s new hairdo was an unexpected plot twist. The episode also covers MFN drug pricing, healthcare M&A and Eli Lilly’s acquisition streak. Fall Conferences: At eHealth Exchange’s Annual Meeting in Austin on Oct 27, I’ll moderate a panel on the tensions between AI, HIEs, and timely patient access with Jean Ross (Primary Record), Therasa Bell (Kno2), Byron Crowe (Doctronic), and Michael Marchant (Freenome). Here’s the rest of my schedule if you want to meet up: CommonWell (Redwood Shores, CA): Oct 13-14 Will be participating in a fun Jeopardy event Open@Epic (Madison, WI): Oct 20-23 Will be enjoying Verona, Willy Street, and other local adventures eHealth Exchange and Sequoia Project (Austin, TX): Oct 27-29 Yeehaw HLTH (Vegas): Nov 15-18 Groundhog Day, Venetian Edition RSNA (Chicago): Nov 30-Dec 2 See me at “Governing AI in Breast Imaging: What Health Systems Are Actually Doing” Digital Health Counsel 2026 AI Summit (Seattle): December 2-3 Will likely be speaking to a bunch of lawyers about information blocking Posts I Liked ChatGPT’s Epic integration: game changer or nothing burger?: Joshua Liu, MD offers five thoughts on OpenAI’s Epic launch, starting from the point that it rides the same open APIs available to anyone. He argues read-only access leaves ordering to Art and the ambient startups, and asks why HCA is piloting it alongside Commure. He’s sorta a must-follow at this point - consistently excellent, thought-provoking takes. Epic, Lilly, and the Discovery pass: Seth Chaney reads Epic’s first major Discovery deal (with Eli Lilly), as well as its revised developer terms on commercial displays, as the pipe finally opening between EHRs and pharma. Life sciences and health continue to collide. Scott Rossignol on EHR payer platforms and ePA fees: Scott argues the top ambulatory EHR vendors are turning the prior auth mandate into a per-member-per-year toll on payers, for an API whose operating cost has nothing to do with covered lives. His fix is two lines of regulatory text: put the CRD/DTR/PAS certification criteria in the Base EHR definition, and bring payer-facing ePA connectivity under § 170.404’s cost-based fee rules. It’s a good solution. Health API Guy is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe

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Oct 1 • 4:36 AM EDT • Health • healthapiguy.substack.com
Clio Acquires Learned Hand, Giving Its New Judiciary Business An Existing Product

Clio today announced that it has acquired Learned Hand, a startup that builds AI exclusively for judges and courts, giving the legal tech company's newly launched judiciary business an existing produc...

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Sep 30 • 2:58 PM EDT • Business • lawnext.com
Billionaire Bill Ackman calls Anthropic 'perhaps the greatest business story I've ever seen'

Billionaire investor Bill Ackman said his hedge fund likely won't invest in AI startup Anthropic (ANTH.PVT) but that it's still an impressive company.

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Sep 30 • 2:37 PM EDT • Business • finance.yahoo.com
Ex-Genentech, Meta, AWS AI leaders launch health AI lab with $500M backing

A new frontier artificial intelligence lab for healthcare launched with a $500 million commitment from Thoreau. | The AI startup, Ortet plans to build a full-stack platform for health, spanning compute and data infrastructure, frontier research and model development and deployment.

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Sep 30 • 11:30 AM EDT • Health • fiercehealthcare.com
Kyzn OS Brings Centralized Business Management to Mission Pitch Competition

Mission’s entrepreneurs came together Sept. 16 for the inaugural Mission Small Business Expo at the Mission Event Center, a free, full-day event organized by the Mission Economic Development Corporation and title-sponsored by Lone Star National Bank

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Sep 29 • 5:21 PM EDT • Business • texasborderbusiness.com
Making gene-edited babies is illegal. This startup says it may be time to reconsider

Origin Genomics aims to prove the potential benefits of its technology for editing disease-causing genes in human embryos outweigh the risks.

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Sep 29 • 1:00 PM EDT • Health • npr.org
High-Signal Publisher
University of Pittsburgh launches health sciences startup incubator in Oakland

Pitt trustees approved the incubator on the same day the university announced a $3 billion fundraising campaign to support university initiatives further.

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Sep 29 • 10:31 AM EDT • Science • yahoo.com
University of Pittsburgh launches health sciences startup incubator in Oakland

Pitt trustees approved the incubator on the same day the university announced a $3 billion fundraising campaign to support university initiatives further.

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Sep 29 • 10:31 AM EDT • Health • yahoo.com