July 16, 2025 - Tech Startups

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Top Startup and Tech Funding News – July 16, 2025

Nickie Louise Posted On July 16, 2025

It’s Wednesday, July 16, 2025, and the venture capital faucet is wide open. Today’s tech funding news slate spans everything from AI-driven utilities and autonomous bulldozers to crypto stablecoins and battlefield power systems. We’re running a little behind today—but trust […]

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Artificial Intelligence / Featured / Layoff / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Scale AI lays off 200 staff, cuts 500 contractors after $14.3B Meta deal and CEO departure

Daniel Levi Posted On July 16, 2025

Just one month after Meta invested $14.3 billion in the startup and hired away its founder and CEO, Alexandr Wang, Scale AI is laying off a significant chunk of its workforce and cutting ties with hundreds of contractors. The San […]

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Artificial Intelligence / Cloud / Infrastructure / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

OpenAI says it will use Google Cloud to power ChatGPT, marking a major shift beyond Microsoft

Nickie Louise Posted On July 16, 2025

In a major shift that signals how competitive the AI infrastructure race has become, OpenAI said Wednesday it will begin using Google Cloud to help run ChatGPT, CNBC reported. The move breaks from its previous dependence on Microsoft’s Azure and […]

2.7K Views

Artificial Intelligence / Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

AI startup Quandri raises $12M to scale automation for insurance agencies and brokers across North America

Nickie Louise Posted On July 16, 2025

Insurance agencies have been drowning in repetitive servicing work for years. Vancouver-based Quandri saw the mess and built a platform that lets brokers automate it, starting with renewals. That simple but high-impact idea has now caught the attention of serious […]

878 Views

Artificial Intelligence / Featured / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Companies are canceling their ChatGPT subscriptions, Here’s why

Nickie Louise Posted On July 16, 2025

ChatGPT has long held the crown as the go-to AI assistant, especially in the workplace. But lately, some companies are starting to rethink whether that $20 or $200 per month is really worth it. With plenty of cheaper or completely […]

1.1K Views

Cryptocurrency / Press Release

Aster Launches 24/7 Stock Perpetual Contracts Trading with Exposure to U.S. Equities

Chainwire Posted On July 16, 2025

Mahé, Seychelles, 16th July 2025, Chainwire

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Bitcoin / Cryptocurrency / Ethereum / Featured / Stablecoins / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Peter Thiel acquires 9.1% Stake in Bitmine to become largest shareholder; stock surges 15% amid crypto boom

Nickie Louise Posted On July 16, 2025

Peter Thiel is betting big on crypto again—and this time, it’s with a public stake. Shares of Bitmine Immersion Technologies jumped nearly 15% in early trading Wednesday after Thiel disclosed a 9.1% stake in the crypto mining company. The move […]

2.0K Views

Cryptocurrency / Press Release