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xAI closes $6 billion in Series C funding from A16Z, Blackrock, Sequoia, NVIDIA, and others

Nickie Louise Posted On December 23, 2024

After weeks of speculation, Elon Musk’s AI startup xAI has closed a massive $6 billion Series C funding round. This latest investment includes high-profile names like A16Z, Blackrock, and Fidelity Management & Research Company. Other notable backers include Kingdom Holdings, […]

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Userway faces class action lawsuit over alleged false accessibility and ADA compliance claims

Nickie Louise Posted On December 23, 2024

Userway is facing a class action lawsuit filed by Bloomsybox.com, LLC, accusing the company of making misleading claims about its accessibility widget. The lawsuit, filed at Delaware District Court, alleges that Userway promoted its product as a simple, foolproof solution […]

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Apple nears $4 trillion valuation, surpassing Nvidia amid AI boost and iPhone surge

Nickie Louise Posted On December 23, 2024

Apple is on the verge of reaching an unprecedented $4 trillion market valuation, buoyed by investor excitement over its recent AI-driven initiatives aimed at reviving sluggish iPhone sales. The news comes just over a month ago after Nvidia claimed the title […]

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Fiserv to acquire Canada’s Payfare in $140M deal to expand payment solutions for gig workers

Nickie Louise Posted On December 23, 2024

U.S.-based fintech giant Fiserv is set to acquire Canadian payments platform Payfare in a deal valued at C$201.5 million ($140 million). Announced Monday, the acquisition positions Fiserv to deepen its offerings for gig economy workers, a rapidly growing segment that […]

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OpenAI unveils o3, a next-gen reasoning model that approaches AGI

Nickie Louise Posted On December 20, 2024

OpenAI has announced its latest AI reasoning models, o3 and o3-mini, which aim to tackle complex problems with greater precision and efficiency. These models represent a significant leap in AI capabilities, building on the foundation set by the o1 series […]

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Marc Andreessen on Elon Musk: The hands-on CEO who inspires loyalty by solving problems side-by-side with frontline engineers

Nickie Louise Posted On December 20, 2024

Elon Musk’s track record of success is undeniable, with achievements spanning industries like electric vehicles, space exploration, and renewable energy. From his six rules for insane productivity to 120-hour workweeks, what truly sets Musk apart isn’t just the scale of […]

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OpenAI fined €15 million for using personal data to train ChatGPT without consent

Nickie Louise Posted On December 20, 2024

Since its launch over two years ago, OpenAI’s ChatGPT has attracted over 100 million users, with 300 million engaging weekly. But as its popularity grows, so do concerns about how personal data is used. Recent findings reveal that OpenAI trained […]

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TikTok’s survival hopes rise as U.S. Supreme Court steps in to hear case against looming ban

Nickie Louise Posted On December 19, 2024

TikTok’s hope of survival rose on Thursday as the U.S. Supreme Court agreed to hear its bid to block the looming ban. The U.S. Supreme Court announced Wednesday it will review TikTok’s appeal against a law set to force the app’s […]

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io.net joins Dell Technologies partner program as authorized partner and cloud service provider

Nickie Louise Posted On December 19, 2024

io.net, the decentralized GPU network, is redefining how businesses access computing power. Earlier this month, io.net teamed up with Matchain to broaden access to decentralized AI infrastructure with affordable GPU solutions. Now, the company has announced its latest partnership with […]

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1-800 ChatGPT: OpenAI launches 1-800-CHATGPT with landline dial-in access and WhatsApp integration

Nickie Louise Posted On December 19, 2024

OpenAI has introduced a new way to access ChatGPT, blending retro charm with modern convenience. With the launch of 1-800-CHATGPT, users can now dial in from a landline or smartphone to interact with the AI assistant, opening up accessibility to […]

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Cloud startup Nuon exits stealth with $16.5M in funding to bring BYOC to the masses

Nickie Louise Posted On December 18, 2024

Much of what we know about cloud software today comes from early innovators like Facebook, Google, and Netflix. While these companies helped shape the consumer cloud, modern B2B software faces an entirely different set of challenges. Traditional SaaS models often […]

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Healthcare AI startup Suki teams up with Google Cloud to revolutionize clinical support after $70M funding round

Nickie Louise Posted On December 18, 2024

Suki, a healthcare startup founded seven years ago by former Google and Flipkart executive Punit Soni, recently announced a major partnership with Google Cloud to broaden its AI-powered tools for clinicians. This comes shortly after Suki raised $70 million in […]

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Cybersecurity startup Bureau raises $30M from Sorenson Capital, PayPal, to combat identity fraud and expand globally

Nickie Louise Posted On December 18, 2024

Bureau, a cybersecurity startup focused on user identity fraud prevention, has secured $30 million in a Series B funding round led by Sorenson Capital. The round also included participation from PayPal Ventures, Commerce Ventures, GMO Venture Partners, Village Global, Quona […]

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NVIDIA launches Jetson Orin Nano Super for robotics and AI: Capable of 70 trillion operations per second for just $249

Nickie Louise Posted On December 17, 2024

NVIDIA on Tuesday unveiled the Jetson Orin Nano Super, a compact AI and robotics processor that delivers impressive performance in a small package. Dubbed “the world’s most affordable generative AI computer,” the processor has the ability to handle 70 trillion […]

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London-based AI hardware startup TG0 raises £4.5M to transform human-machine interfaces

Nickie Louise Posted On December 17, 2024

London-based tech startup TG0 has raised £4.5M in Series B funding to push its AI-driven physical products to new markets. The round was led by AI-focused investor NetMind.AI, with additional backing from WP Health. The new funding will help TG0 […]

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Databricks raises $10 billion in late-stage funding round at a $62 billion valuation

Nickie Louise Posted On December 17, 2024

Databricks announced on Tuesday that it has hit a $62 billion valuation following a $10 billion Series J funding round. Thrive Capital led the round, with Andreessen Horowitz, DST Global, GIC, Insight Partners, and WCM Investment Management joining as co-leads. […]

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China’s AI models challenge U.S. dominance, outperforming U.S. rivals as global AI race heats up

Nickie Louise Posted On December 17, 2024

In August 2023, Alibaba entered into the global AI race with the launch of two large language models (LLMs): Qwen-VL and Qwen-VL-Chat. These models stood out for their ability to process images and engage in advanced conversations. By offering them […]

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SoftBank CEO Masayoshi Son commits to invest $200 billion in the US after Trump’s on-the-spot request

Nickie Louise Posted On December 16, 2024

SoftBank founder and CEO Masayoshi Son agreed on Monday to double the company’s planned $100 billion investment in the United States to $200 billion. The decision came during an unexpected exchange with President-elect Donald Trump, showcasing Son’s willingness to respond […]

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Industrial AI startup Haber raises $44M in funding to bring AI-driven manufacturing to North America

Nickie Louise Posted On December 16, 2024

Industrial AI startup Haber has raised $44 million in its Series C funding round, with $38 million in equity and $6 million in debt. The round included participation from Creaegis, BEENEXT, and Accel, reflecting strong investor confidence in the company’s […]

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Scale AI, a unicorn tech startup worth $13.8 billion, accused of widespread wage theft

Nickie Louise Posted On December 16, 2024

Scale AI is a San Francisco unicorn AI startup that provides training data to major AI companies including OpenAI and Meta. In May, we reported on Scale AI after it secured $1 billion in growth funding from Accel, with support […]

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