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Wix Acquires Base44 and Robinhood Co-Founder Ventures into Space Lasers
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1 year ago

Wix Acquires Base44 and Robinhood Co-Founder Ventures into Space Lasers

Global

News Summary

Wix has acquired Base44, a six-month-old startup, for $80 million in cash. Base44, a no-code AI tool for web app development, quickly gained traction under its single founder and had already achieved profitability. Meanwhile, Baiju Bhatt, co-founder of Robinhood, is launching a new venture, Aetherflux, which aims to develop space lasers to beam solar power from orbit. The startup has raised $60 million, with support from the Department of Defense. These developments highlight significant advancements in technology and startup innovation.

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