Google is making cuts in its workforce while shifting focus to AI. Employees in its People Operations (HR) and cloud divisions were informed this week about job reductions as part of internal restructuring, CNBC reports. A memo from HR chief […]
Bitcoin’s price has slipped below $80,000, extending a sell-off that has wiped out $1 trillion from the cryptocurrency market. The downturn has sparked concerns about further declines. The world’s largest cryptocurrency has fallen about 25% from its all-time high of […]
Microsoft is officially shutting down Skype in May 2025, ending a service that once defined internet calling. The company, which bought Skype for $8.5 billion in 2011, is shifting users to Microsoft Teams, a platform built with business collaboration in […]
Kingstown, St. Vincent and the Grenadines, 28th February 2025, Chainwire
Every week, we covered hundreds of tech startups raising millions in funding, only for about 90% of them to fail miserably. The truth is, some of the most successful startups today aren’t selling products or services. They’re making millions just […]
Dubai, UAE, 27th February 2025, Chainwire
Skylo, an IoT startup providing direct-to-device (D2D) satellite connectivity, has secured $30 million in an oversubscribed funding round. The investment was led by NGP Capital, with participation from Westly Group, Intel Capital, BMW i Ventures, Samsung Catalyst Fund, Next47, and […]
OpenAI’s former CTO Mira Murati has officially launched Thinking Machines Lab, an AI research company focused on making AI systems “more widely understood, customizable, and generally capable.” The startup came out of stealth last week and is already drawing serious […]
Four years after its launch, Meta is reportedly considering spinning off Instagram Reels into its own standalone app, according to a report from The Information. The report, citing an anonymous source, said Instagram head Adam Mosseri discussed the project, code-named […]
Stripe announced a new tender offer on Thursday, valuing the company at $91.5 billion, a move that could push back its long-anticipated IPO. This offer gives employees and early investors another chance to sell shares, bringing the fintech giant closer […]
Charlestown, Saint Kitts and Nevis, 27th February 2025, Chainwire
Amazon just revealed its first quantum computing chip, Ocelot, marking a step forward in its push to develop large-scale quantum systems. Developed by the AWS Center for Quantum Computing in Pasadena, California, the chip marks a key move in Amazon’s […]
Santa Clara, California, 27th February 2025, Chainwire
Seoul, Korea, 27th February 2025, Chainwire
AI startups continue to attract a wave of investment, with $10.4 billion pouring in during the first quarter of 2025 alone. The latest to benefit from this AI funding wave is Bridgetown Research, a Seattle-based startup that’s catching investors’ attention […]
Following the success of its R1 model, DeepSeek is turning up the heat on AI pricing. The Chinese AI startup announced on Wednesday new off-peak discounts that slash API costs by as much as 75%, a move that could push […]
Dubai, United Arab Emirates, 26th February 2025, Chainwire
Quantum Machines, the Tel Aviv-based startup focused on quantum control hardware and software, has raised $170 million in Series C funding. This latest round brings its total funding to $280 million. The investment, led by PSG Equity with backing from […]
Vayu, an Israeli tech startup reshaping billing and revenue management for B2B tech companies, has secured $7 million in seed funding. Flint Capital and The Garage co-led the round, with participation from Fresh.Fund, Secret Chord Ventures, and angel investors, including […]
Perplexity AI, the tech startup behind a fast-growing AI search engine, is close to securing $50 million for a venture fund aimed at early-stage AI startups, CNBC reported, citing the company’s filing with the U.S. Securities and Exchange Commission (SEC). […]
