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Israeli tech startup Zenity lands $38M Series B funding to safeguard AI copilots against cyber threats

Nickie Louise Posted On October 29, 2024

Zenity, an Israeli security governance platform Zenity for securing low-code/no-code applications, has raised a $38 million Series B funding round to protect AI copilots against cyber threats. The round was co-led by Third Point Ventures and DTCP, with continued support from […]

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Nigerian fintech startup Moniepoint secures $110M from Google and others to expand digital banking across Africa

Nickie Louise Posted On October 29, 2024

Nigeria has emerged as Africa’s fastest-growing fintech market, fueled by its population of over 200 million, with a significant portion still underserved by traditional financial services. In 2015, Moniepoint, a Nigeria-based fintech startup, set out to bridge this gap by […]

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Bitcoin surges past $70,000, its highest level since June

Nickie Louise Posted On October 29, 2024

Bitcoin’s price has hit a new high, breaking past the $70,000 barrier in a burst of volatile trading. As of this writing, Bitcoin sits at around $71,205, up 2.5%, according to Coin Metrics. Despite this spike, it remains just shy […]

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Bret Taylor’s AI startup Sierra secures $175 million at a $4.5 billion valuation

Nickie Louise Posted On October 28, 2024

Sierra, a customer service AI startup led by former Salesforce co-CEO Bret Taylor, has just secured $175 million in new funding from Greenoaks Capital, quadrupling its valuation to a remarkable $4.5 billion. This funding comes shortly after its January fundraise, […]

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Meta develops AI search engine to compete with Google and Bing, reducing reliance on rivals

Nickie Louise Posted On October 28, 2024

Less than six months after unveiling Meta.ai to compete with ChatGPT, Meta Platforms is setting its sights on a new challenge: taking on search giants Alphabet’s Google and Microsoft’s Bing. According to The Information, Meta is preparing to launch an […]

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AI chip startup Untether launches energy-efficient AI chip for autonomous vehicles and edge tech; eyes $102B market by 2027

Nickie Louise Posted On October 28, 2024

Three years have passed since we last featured Untether AI, a Toronto startup advancing ultra-efficient, high-performance AI chips to unlock new possibilities in AI applications. Since then, the Untether team has spent years refining chips that bring AI capabilities to […]

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Cybersecurity startup Filigran raises $35M to empower global companies with proactive threat intelligence tools

Nickie Louise Posted On October 28, 2024

Global organizations today face an escalating volume and sophistication of cyber threats that strain security teams and leave critical infrastructures vulnerable. Many lack the resources or tools to anticipate potential threats, leaving gaps in preparedness and response. Now, one cybersecurity […]

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Nvidia overtakes Apple to become the world’s most valuable company

Nickie Louise Posted On October 28, 2024

Nvidia surpassed Apple on Friday to claim the top spot as the world’s most valuable company, riding high on soaring demand for its AI-focused chips. This news comes only four months after Nvidia briefly overtook Microsoft and Apple before Apple […]

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Alphabet’s self-driving car startup Waymo secures $5.6 billion funding as robotaxi race heats up

Nickie Louise Posted On October 25, 2024

Alphabet’s autonomous vehicle unit Waymo has just closed a $5.6 billion funding round, marking its biggest capital raise to date. The Series C round was led by Google’s parent company, Alphabet, with participation from major backers like Andreessen Horowitz, Perry […]

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China’s driverless car startup WeRide secures $120M in IPO, adds $320.5M through private placement

Nickie Louise Posted On October 25, 2024

China’s self-driving startup WeRide has raised $440.5 million through its U.S. IPO and a private placement on Friday, marking a promising sign as more Chinese companies head to U.S. markets. The IPO reflects positive investor interest and a shift toward […]

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Bluesky closes $15 million Series A funding as user base surpasses 13 million, plans to roll out subscriptions

Nickie Louise Posted On October 24, 2024

Bluesky CEO Jay Graber [Photo: courtesy of Bluesky]

Decentralized social media startup Bluesky has raised $15 million in a Series A round led by Blockchain Capital, with participation from Alumni Ventures, True Ventures, SevenX, Amir Shevat of Darkmode, Kubernetes co-creator Joe Beda, and others. This funding follows Bluesky’s […]

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Concentric AI raises $45 million in series B funding to autonomously secure business-critical data

Nickie Louise Posted On October 24, 2024

In May 2022, we reported on Concentric AI after the San Jose, California-based startup raised $14.5 million in Series A funding to tackle one of the biggest data security challenges facing enterprises today. A lot has changed since then. In […]

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Former OpenAI researcher says company violated copyright law and destroyed the internet

Nickie Louise Posted On October 24, 2024

In November 2023, Sam Altman was fired as the CEO of OpenAI after the board lost confidence in his leadership. Just days later, reports emerged suggesting the decision was tied to concerns about a potential AI breakthrough that some OpenAI […]

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Tesla to launch paid robotaxis service next year

Nickie Louise Posted On October 24, 2024

At Tesla’s robotaxi event on October 10, Elon Musk introduced the “Cybercab,” a two-seater vehicle without a steering wheel or pedals, fully controlled by cameras and artificial intelligence. Just two weeks later, Musk revealed that Tesla is planning to start […]

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Teen commits suicide after intense emotional bond with Character.AI chatbot

Nickie Louise Posted On October 23, 2024

In just two years, AI has moved from a distant, futuristic concept to mainstream adoption, largely driven by the popularity of tools like ChatGPT and Google Gemini. From enhancing productivity to providing quick answers, people have incorporated AI into their […]

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Data Quality Co-Op secures $1.25M in funding to transform how businesses handle and evaluate data quality

Nickie Louise Posted On October 23, 2024

The global first-party data market is expected to surpass $140 billion by 2025, according to ESOMAR. However, as businesses increasingly depend on first-party data, challenges related to fraud, inconsistent quality, and transparency are becoming more pressing. Seeing these challenges firsthand, […]

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Apple and Goldman Sachs fined over $89 million for misleading Apple Card customers; agree to pay the fine

Nickie Louise Posted On October 23, 2024

Goldman Sachs and Apple have agreed to pay $89 million in fines and refunds after violating consumer protection laws through their joint Apple Card business. The U.S. Consumer Financial Protection Bureau (CFPB) announced the settlement on Wednesday, citing the impact […]

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Archy secures $15 million in series A funding to transform dental practices with AI

Nickie Louise Posted On October 23, 2024

Dental practices in the U.S. have been facing several significant challenges, including a staffing shortage that has reduced capacity by an estimated 10%. This issue could worsen as more than 30% of dental assistants and hygienists plan to retire in […]

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Lilium, the ‘air taxi’ startup once valued at $3.3 billion, now on the brink of insolvency

Nickie Louise Posted On October 23, 2024

Lilium, a German flying taxi startup, has been on our radar since it first captured our attention in 2019 with its vision of transforming urban travel through unmanned air taxis. Fast forward nearly a decade, and the company now faces […]

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Robotics AI startup Physical Intelligence is seeking to raise $300 million at a $2 billion valuation

Nickie Louise Posted On October 22, 2024

Just months after securing $70 million in seed funding from Greenoaks and five other investors, robotics AI startup Physical Intelligence is reportedly gearing up to raise hundreds of millions more as it pushes forward with plans to connect AI and […]

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