2025 - Tech Startups

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Softbank to invest $40 billion in OpenAI at $260 billion valuation, reports

Nickie Louise Posted On February 7, 2025

Just days after SoftBank and OpenAI revealed a $3 billion AI partnership in Japan, CNBC reports that SoftBank is close to finalizing a massive $40 billion primary investment in OpenAI. This would place OpenAI’s value at a staggering $260 billion […]

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Deepseek overtakes Google Gemini to become the second most popular AI chatbot with 614% traffic surge

Nickie Louise Posted On February 6, 2025

Just two months after its successful debut, Chinese AI startup DeepSeek has skyrocketed to become the world’s second most popular AI chatbot. According to website tracking firm SimilarWeb, DeepSeek.com now sees more daily visits than Google’s Gemini and Character.AI. This comes […]

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TrueFoundry raises $19M in Series A funding led by Intel Capital to simplify AI infrastructure

Nickie Louise Posted On February 6, 2025

With the surge of generative AI, moving machine learning models from development to production has become a bigger challenge. Enterprises face issues like governance, data privacy, and rising infrastructure costs—especially with GPU orchestration and scaling models—which slow down innovation. Now, […]

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OpenAI Co-founder John Schulman leaves Anthropic less than a year after joining the AI startup

Nickie Louise Posted On February 6, 2025

John Schulman, a co-founder of OpenAI, has left Anthropic less than a year after joining the artificial intelligence startup. The company confirmed his departure late Wednesday. “We are sad to see John go but fully support his decision to pursue […]

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Teladoc Health to acquire Catapult Health for $65M to expand preventative care offerings

Nickie Louise Posted On February 5, 2025

Teladoc Health is acquiring Catapult Health in an all-cash deal worth $65 million to strengthen its early detection capabilities for health conditions. The virtual care provider announced the acquisition on Wednesday, with the deal expected to close in the first […]

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Cherry Ventures raises $500 million fund to invest in European startups

Nickie Louise Posted On February 5, 2025

Cherry Ventures, a Berlin-based venture capital firm, has secured a $500 million fund to invest in early and late-stage European startups. The firm announced the new capital on Wednesday, noting that the funds will be split between its flagship early-stage […]

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ByteDance launches OmniHuman-1: AI that transforms photos into lifelike human videos

Nickie Louise Posted On February 5, 2025

ByteDance, the parent company of TikTok, has introduced OmniHuman-1, an AI model capable of transforming a single image and an audio clip into stunningly lifelike human videos. The level of realism is so precise that distinguishing its output from actual […]

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Cruise lays off 50% of its workforce after GM cuts funding to robotaxi operations

Nickie Louise Posted On February 5, 2025

General Motors is cutting about half of the remaining staff at its now-defunct Cruise robotaxi division. The decision follows GM’s announcement two months ago that it would stop funding Cruise after investing more than $10 billion since acquiring it in […]

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Apple launches ‘Apple Invites’ app for event planning with RSVP tracking, taking on Partiful

Nickie Louise Posted On February 4, 2025

Apple has launched Apple Invites, a new iPhone app for creating and managing event invitations. The app makes it easy to organize gatherings, track RSVPs, and share photo albums and music with guests. Apple Invites is the newest addition to […]

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Cybersecurity / Hacking / Security / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Grubhub hacked: Customer data and merchant details exposed in major security breach

Daniel Levi Posted On February 4, 2025

Grubhub has confirmed a data breach that exposed user and merchant information after attackers gained access through a third-party service provider. The company hasn’t disclosed how many people were affected but acknowledged that personal details were compromised. “Our investigation found […]

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UK startup Shopblocks raises £2M in funding, rebrands as Symphony Commerce to expand B2B e-commerce

Nickie Louise Posted On February 4, 2025

Shopblocks, a UK-based digital commerce startup, has secured £2 million in fresh funding as it rebrands to Symphony Commerce. The investment comes from NPIF II – Mercia Equity Finance, managed by Mercia Ventures, as part of the Northern Powerhouse Investment […]

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Canada’s StackAdapt raises $235M in funding to expand its programmatic advertising platform

Nickie Louise Posted On February 4, 2025

StackAdapt, a Canadian startup specializing in native advertising, has landed $235 million in equity funding. The round was led by Teachers’ Venture Growth (TVG), the late-stage venture arm of Ontario Teachers’ Pension Plan (OTTP), with participation from Intrepid Growth Partners […]

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Cybersecurity firm SailPoint targets $11.5B valuation in US IPO, returns to public markets after Thoma Bravo buyout

Nickie Louise Posted On February 4, 2025

SailPoint, a cybersecurity firm specializing in identity and access management, is gearing up for a return to the public market with an IPO that could value the company at $11.5 billion. This move comes nearly three years after Thoma Bravo […]

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Deel, a payroll startup accused of money laundering, prepares for IPO amid legal battle

Nickie Louise Posted On February 4, 2025

Deel, a payroll and human resources startup founded by MIT alumni Alex Bouaziz and Shuo Wang, is preparing for a potential IPO as early as next year, according to CNBC. This follows a 70% revenue surge in December, pushing its […]

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Sam Altman: OpenAI has been on the ‘wrong side of history’ post-DeepSeek and ‘needs to figure out a different open source strategy’

Nickie Louise Posted On February 3, 2025

Chinese AI startup DeepSeek has shaken up the industry. Its open-source model, DeepSeek-V3, is outperforming leading U.S. models—all while using less advanced chips and consuming less energy. This success is forcing OpenAI to reconsider its stance on open-source AI. OpenAI’s […]

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SoftBank strikes $3B AI joint venture deal with OpenAI in Japan, eyes $25B investment

Nickie Louise Posted On February 3, 2025

SoftBank CEO Masayoshi Son is partnering with OpenAI’s Sam Altman to launch a joint venture in Japan. Announced Monday, the initiative, named SB OpenAI Japan, will offer AI services to corporate clients. This follows last week’s reports that SoftBank was […]

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Did OpenAI steal Deepseek’s code? O3-Mini reasoning in Chinese sparks AI theft controversy

Nickie Louise Posted On February 3, 2025

OpenAI’s latest model, O3-mini, has raised eyebrows after users reportedly discovered it was generating responses in Chinese, even when prompted in English. This unexpected behavior, highlighted by X (formerly Twitter) user Vikhyat Rana, has fueled speculation that OpenAI may have […]

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OpenAI to develop AI-powered device aimed at replacing smartphones

Nickie Louise Posted On February 3, 2025

OpenAI is planning to develop a dedicated AI-powered device designed to replace smartphones. CEO Sam Altman confirmed in an interview on Sunday that the company is working on AI-specific hardware that could redefine how we interact with technology. “OpenAI is […]

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