Elevate Ventures already looking ahead to next year’s Rally conference
But the Indiana Economic Development Corp., which provided $1.5 million for this year’s conference, hasn’t yet decided whether to invest in a 2024 event.
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Rally conference pitch contest selects five startup winners
The five winners—three startups from California and one each from Kentucky and Massachusetts—are now eligible for up to $1 million in investment funding, provided they commit to establishing a presence in Indiana for at least a year.
Entrepreneur Scott Dorsey, Purdue chief Mung Chiang talk leadership, more at Rally conference
Their conversation touched on topics ranging from leadership advice to Indiana’s entrepreneurial climate to Purdue University’s plans to expand its Indianapolis presence.
Podcaster Guy Raz offers business insights at Rally
Media personality Guy Raz, host of the podcast “How I Built This,” addressed a range of topics on Wednesday as a keynote speaker at the Rally innovation conference in downtown Indianapolis.
Biz founders: Indiana’s collaborative spirit helps spur innovation
A panel of business owners shared their thoughts on launching a company in the state at the Indiana Technology and Innovation Association event held in conjunction with the Rally innovation conference.
Panel: Indiana must do more to nurture tech talent, innovation
During a panel discussion held in conjunction with Elevate Ventures’ Rally innovation conference, panelists emphasized the need to invest in the people and innovation necessary to advance Indiana’s economy.
OpenAI unveils ChatGPT for businesses, stepping up revenue push
The rollout of ChatGPT Enterprise is a move forward in OpenAI’s plans to make money from its ubiquitous chatbot.
Local software firm ConverSight.ai lands $9M in venture funding
Indianapolis-based software firm ConverSight.ai helps clients analyze their data and make business decisions. The company has raised a total of $15 million since its founding in 2017.
Indianapolis startup Stellar helps customers use AI
Indianapolis-based Stellar is a tech services firm that helps companies implement artificial intelligence and other technologies into their operations. The startup launched earlier this year and emerged from stealth mode this week.
T-Mobile to lay off 5,000 employees, or about 7% of its workforce
CEO Michael Sievert said the layoffs would come over the next five weeks and affect T-Mobile workers across the country.
Indianapolis coding school Kenzie Academy to close
Kenzie Academy, launched in 2017, stopped enrolling new students on Tuesday and has eliminated the jobs of more than 100 employees.
Indianapolis food-tech firm True Essence lands $27.6M growth investment
True Essence Foods, whose original product was an artisanal chocolate called SoChatti, has secured 15 patents for its technologies, with another 70 patent applications in process.
Traffic on Meta’s Threads is declining as company adds features
Although Threads attracted more than 100 million sign-ups less than a week after it was unveiled, it has struggled to maintain its early momentum, according to third-party analytics firms.
Indiana leaders submit application for federal tech hub designation
Indiana is competing with its Midwestern neighbors to land up to $75 million to create one of three tech hubs in the region.
Software developers say AI technology helps them work faster—sometimes
Local tech firms that have started to use the technology say, with the caveat that it’s difficult to make long-term predictions about ever-changing technology, that they view generative AI as a tool rather than a job killer.
Upcoming Rally conference sparking additional downtown gatherings
At least seven other events are taking place in and around downtown Indianapolis Aug. 28-30, all designed to capitalize on the momentum organizers hope Rally will generate.
Coinbase gets approval to offer crypto futures to eligible U.S. customers
Coinbase said Wednesday that it had secured regulatory approval from the National Futures Association to operate as a futures commission merchant.
Elon Musk’s X throttling traffic to websites he dislikes, tests show
The delayed websites included X’s online rivals Facebook, Instagram, Bluesky and Substack, as well as the Reuters wire service and the Times. All of them have previously been singled out by Musk for ridicule or attack.
More than 744k Hoosiers on Medicaid affected in software breach
Their names, addresses, case numbers and Medicaid numbers were exposed in a contractor’s late May security breach, Indiana’s Family and Social Services Administration announced.
Indianapolis consulting startup Stitch lands $3.3M in state incentives
Stitch, a marketing tech consulting firm, can earn up to $3.3 million in state economic incentives if it hires at least 100 Hoosiers by the end of 2027. The company launched last year out of Indianapolis venture studio High Alpha.