Startups Weekly: Tech and the law

This Week in Startups: Lawsuits, Acquisitions, and Major Funding Rounds
Photo: TechCrunch

This Week in Startups: Lawsuits, Acquisitions, and Major Funding Rounds

This week’s startup news highlights a mix of legal challenges, mergers, acquisitions, and major funding rounds. Notable stories include Rubrik’s acquisition of Predibase, a move to speed up AI agent adoption. In another development, the German startup Kadmos, specializing in salary payments for seafaring workers, was acquired by NYK Line to expand its fintech offerings. AI music startup Suno also disclosed the acquisition of WavTool amidst ongoing copyright lawsuits. Meanwhile, Getty Images dropped its lawsuit against Stability AI, though other legal battles continue for the AI image generator company. Additionally, the startup world saw significant investments with Harvey AI, Abridge, and Kalshi securing large funding rounds. Despite these challenges, companies like Airloom Energy, backed by Bill Gates, are pressing forward with projects like a wind power plant in Wyoming. Venture capital continues to flow, with startups across sectors, including AI, blockchain, and fintech, attracting substantial funding.

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