Nickie Louise - Tech Startups

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OpenAI’s revenue skyrockets to $1.6 billion annualized revenue as ChatGPT dominates the generative AI race

Nickie Louise Posted On January 2, 2024

OpenAI, the creator of the popular ChatGPT, experienced explosive revenue growth during the final quarter of 2023. OpenAI’s annualized revenue crossed the $1.6 billion mark, up from $1.3 billion in mid-October, The Information reported, citing two sources familiar with the […]

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World’s Most Valuable Startups of 2023 Revealed

Nickie Louise Posted On December 29, 2023

As we bid farewell to the year 2023, it’s that time to look back on the tech landscape and shine a spotlight on the daring startups that navigated a tumultuous year to reshape and revolutionize various industries. While tech stocks […]

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Google settles $5 billion lawsuit for illegally tracking millions of users in privacy mode

Nickie Louise Posted On December 29, 2023

Alphabet’s Google has settled a consumer lawsuit accusing the company of covertly tracking the internet activities of millions of individuals who believed their browsing was private. This settlement underscores the point that being in privacy mode doesn’t necessarily mean Google […]

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Aircall: An Outstanding Communication Platform for SMEs

Nickie Louise Posted On December 27, 2023

Softphones are invaluable for small and medium-sized enterprises (SMEs) as they provide a solution for a wide variety of communication needs. Softphones are cloud-based communication technologies that allow SMEs to make and receive phone calls without the need for a […]

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Apple Watch import ban temporarily lifted by appeals court

Nickie Louise Posted On December 27, 2023

Apple secured a win in the legal battle over a blood oxygen sensor patent on Wednesday after a U.S. appeals court temporarily lifted the import ban imposed by a government commission on certain Apple smartwatches due to a patent dispute […]

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Venture capital funding slowdown as 38% of VCs pulled back from investing in 2023

Nickie Louise Posted On December 22, 2023

As 2023 wraps up, most startup founders would probably agree—it’s been a tough year for raising funds. The tech world took a hit when Silicon Valley Bank collapsed in March, causing a ripple effect as VC firms became more cautious […]

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Marcelo Claure and Paul Judge team up to lead Open Opportunity Fund, a venture fund for Black and Latino-founded tech startups

Nickie Louise Posted On December 22, 2023

The Open Opportunity Fund, a venture capital initiative dedicated to supporting Black- and Latino-founded tech companies, announced two major moves that signal significant progress within the fund. Marcelo Claure, a Bolivian-American tycoon known for founding and steering the ship of […]

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Google-backed AI startup Anthropic seeking to raise $750M in new funding round led by Menlo Ventures

Nickie Louise Posted On December 21, 2023

OpenAI rival Anthropic is in talks to secure $750 million in a venture round led by Menlo Ventures, valuing the two-year-old AI startup at $15 billion, excluding the investment, according to an exclusive report from The Information. This valuation is […]

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Web3 growth marketing leader Addressable secures $13.5 million in funding boost led by BITKRAFT

Nickie Louise Posted On December 21, 2023

The global Web 3.0 market is expected to reach a staggering $81.5 billion by 2030. This market growth is due in part to rising demand for better user experiences and ongoing improvements in connectivity. Leading the way in this space […]

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SolarDuck takes flight with €15M funding boost to advance offshore floating solar energy development

Nickie Louise Posted On December 21, 2023

Solar Duck, a Dutch-Norwegian cleantech startup, has raised € 15 million in additional funding to propel the development of its offshore floating solar power technology. The funding comes from a mix of existing and new investors, including an international consortium […]

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D3 joins forces with Shiba Inu & Viction to launch top-level Web3 domains

Nickie Louise Posted On December 20, 2023

D3 Global, a next-generation domain name startup, just announced some major partnerships with the Shiba Inu and Viction blockchain ecosystems to secure .shib and .vic Top-Level Domains (TLDs) in the upcoming ICANN application window. The launch follows closely on the […]

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Telegram Goes Crypto: RAMP Launches TON On-Ramp to Transform Telegram into Web3’s Largest Super-App

Nickie Louise Posted On December 20, 2023

Telegram users will soon be able to buy and send TON cryptocurrency directly through the Ramp Network (Ramp), thanks to the new on-ramp integration with The Open Network (TON) blockchain ecosystem. Today, Ramp, a fintech startup building payment rails that […]

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Growing a Greener Future: Microsoft inks carbon removal deal with offsets startup Chestnut

Nickie Louise Posted On December 20, 2023

Microsoft has sealed a deal with the carbon offset startup Chestnut Carbon to acquire credits associated with carbon dioxide removal from the atmosphere, the two companies announced on Wednesday. The move is part of Microsoft’s efforts to achieve its sustainability […]

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Comcast Hacked: Comcast confirms hackers stole data of about 36 million Xfinity customers in a massive security breach

Nickie Louise Posted On December 19, 2023

Comcast confirmed on Monday that the sensitive information of nearly 36 million Xfinity customers was accessed and compromised in a major data breach caused by hackers exploiting a critical security vulnerability in its systems. The breach occurred in October 2023 […]

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TuMeke secures $10 million in Series A funding led by Intel Capital to eliminate work-related muscle injuries

Nickie Louise Posted On December 19, 2023

In 2020, the private sector saw a total of 247,620 workplace injuries or illnesses related to musculoskeletal disorders (MSDs) that led to days away from work, according to a report from the National Safety Council. MSDs, often termed “ergonomic injuries,” […]

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ChatGPT and other AI models unable to analyze SEC Filing, Patronus AI researchers find

Nickie Louise Posted On December 19, 2023

Over the past year, ChatGPT and other large language models (LLMs), including Google Bard and Anthropic, have gained widespread attention for their impressive abilities, ranging from coding, poetry, and songwriting to even devising entire movie plots. They’ve even showcased proficiency […]

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Google hit with $700 million penalty for Play Store monopoly

Nickie Louise Posted On December 19, 2023

Google has agreed to a $700 million settlement with U.S. states and allows for more competition in its Play app store as part of an antitrust deal with U.S. states and consumers. The terms were disclosed in a San Francisco federal […]

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Nikola founder Trevor Milton sentenced to 4 years in prison for defrauding investors

Nickie Louise Posted On December 18, 2023

The disgraced founder of Nikola, Trevor Milton, has been handed a four-year prison sentence following his conviction for defrauding investors in October 2022. In a rather unusual courtroom scene, Milton, in an attempt to avoid the prison term, brought up various […]

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Clean energy startup Octopus Energy raises $800 million in funding to accelerate growth

Nickie Louise Posted On December 18, 2023

UK-based Octopus Energy Group announced on Monday that it has raised $800 million in the latest funding round from existing investors. The new investment values the eight-year-old clean energy company at $7.8 billion (£6.2bn), marking a substantial 60% increase from […]

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Adobe and Figma terminate $20 billion merger deal

Nickie Louise Posted On December 18, 2023

Adobe and Figma announced on Monday they have decided to cancel their planned $20 billion merger due to regulatory obstacles. The companies stated that they see no clear path to obtaining the necessary regulatory approvals from the European Commission and […]

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