Nickie Louise - Tech Startups

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SoftBank makes a $1 billion bet on AI, teams up with Nvidia for chips

Nickie Louise Posted On April 23, 2024

Japanese tech titan SoftBank is stepping up its game to fuel Japan’s AI race. According to a Nikkei report, the company is set to invest nearly $1 billion in the next two years to develop a “world-class” Japanese-specific generative AI […]

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Top 100 U.S. companies with more than $2 billion in annual revenue from China

Nickie Louise Posted On April 22, 2024

The simmering trade war between the U.S. and China takes a surprising turn with a new report from the Wall Street Journal. It reveals over 600 American corporations, each boasting annual revenues exceeding a whopping $2 billion, are heavily invested […]

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Drone delivery startup Zipline reaches 1 million deliveries, eyes restaurant expansion

Nickie Louise Posted On April 22, 2024

It’s been a remarkable two years since our last update on the autonomous delivery drone startup Zipline. Back then, Zipline was using drones to transport life-saving supplies like blood and vaccines to isolated African villages at the height of the […]

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Sam Altman invests $20 million in clean energy startup Exowatt to meet energy demands of AI data centers

Nickie Louise Posted On April 22, 2024

In a strategic move towards a sustainable future for artificial intelligence (AI) infrastructure, OpenAI CEO Sam Altman, alongside venture capital heavyweight Andreessen Horowitz, is backing a $20 million investment in clean energy startup Exowatt, according to a report from The […]

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You can now buy and sell USDt on TON with Ramp Network

Nickie Louise Posted On April 19, 2024

In a move set to shake up the cryptocurrency landscape, Ramp Network (Ramp) has just announced the ability for users to buy and sell USDt on the TON network. This bold step, unveiled on Friday, underscores Ramp Network’s position as […]

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Meta launches Meta.AI to compete with ChatGPT

Nickie Louise Posted On April 19, 2024

Meta has just unveiled Meta.AI, an AI assistant powered by its state-of-the-art Llama 3 technology. This launch is widely interpreted as a direct challenge to the dominance of OpenAI’s ChatGPT, signaling a shift towards a higher standard for AI-mediated communication. […]

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The Rise of Cryptocurrency Casinos: What You Need to Know

Nickie Louise Posted On April 19, 2024

As technology continues to advance, the world of online gambling is evolving. One of the most significant developments in recent years has been the rise of cryptocurrency casinos. In this article, we will explore the ins and outs of crypto casino, […]

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Cisco launches HyperShield, a new AI product that provides unified security for clouds and data centers

Nickie Louise Posted On April 18, 2024

Cisco on Thursday unveiled HyperShield, a new AI security product to secure clouds and data centers in response to addressing the escalating demands placed on IT infrastructure by the AI revolution. HyperShield leverages AI capabilities to safeguard applications, devices, and […]

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Andreessen Horowitz raises $7.2 billion for new venture funds to invest in late-stage tech startups

Nickie Louise Posted On April 17, 2024

In a sign of resurgence in the tech startup scene, renowned venture capital firm Andreessen Horowitz announced Tuesday it has raised $7.2 billion across five diverse funds. The massive capital not only underscores the firm’s bullish stance on the tech […]

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French AI tech startup Mistral AI seeking new funding at $5 billion valuation

Nickie Louise Posted On April 17, 2024

French AI tech startup Mistral AI is in advanced discussions with potential investors to raise several hundred million dollars at a valuation of $5 billion, according to a report from The Information. The news comes hot on the heels of its […]

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Microsoft invests $1.5 billion in UAE AI startup G42 to accelerate AI development and global expansion

Nickie Louise Posted On April 17, 2024

Microsoft has announced a $1.5 billion strategic investment in Abu Dhabi-based AI startup G42, making it Microsoft’s fourth multibillion-dollar investment outside the US. This collaboration aims to spark innovation and deliver cutting-edge AI solutions leveraging Microsoft Azure across the Middle […]

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HubSpot co-founder Dharmesh Shah actually bought Chat.com for $15+ million and resold for an undisclosed sum 2 months later [update]

Nickie Louise Posted On April 16, 2024

In May 2023, we covered the story of Dharmesh Shah, co-founder and CTO of HubSpot, when he acquired the domain name chat.com for over $10 million. It was a big bet on the future of digital conversation that got many […]

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AI startup Rivos raises $250 million in funding to develop RISC-V AI chips for generative AI markets

Nickie Louise Posted On April 16, 2024

AI chip startup Rivos has raised $250 million in funding to address the ongoing chip shortage in generative AI markets. This financial boost, part of an oversubscribed Series A-3 funding round, was led by Matrix Capital Management, with a lineup […]

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Salesforce is reportedly in talks to acquire Informatica for more than $11 billion

Nickie Louise Posted On April 16, 2024

Salesforce is in the final stages of negotiations to acquire cloud data-management firm Informatica, according to The Wall Street Journal, which first reported the news on Friday. The news of the potential acquisition sparked a flurry of market activity. Shares […]

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Google Photos gets AI makeover with free AI-powered editing tools previously limited to Google One subscription

Nickie Louise Posted On April 15, 2024

Google has just rolled out a massive upgrade to its Google Photos platform. The tech giant announced on Wednesday that it is rolling out a suite of cutting-edge AI-powered editing tools for free to all Google Photos users at no […]

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Samsung overtakes Apple as the world’s largest phone maker

Nickie Louise Posted On April 15, 2024

Samsung has once again overtaken Apple as the world’s largest smartphone maker. In a major shakeup in the smartphone market, Samsung has dethroned Apple as the world’s largest smartphone maker, according to the latest report from IDC. Samsung’s ascent to […]

942 Views

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xAI’s Grok 1.5 gets a vision upgrade: Can process images and generate code from a diagram

Nickie Louise Posted On April 15, 2024

Just two weeks after Elon Musk’s AI venture xAI unveiled Grok-1.5, Musk’s persistent push to validate open-source AI’s prowess against the titans of the field receives a fresh boost with Grok’s latest evolution. This time, xAI has released Grok-1.5 Vision, […]

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Tesla lays off over 10% of its global workforce

Nickie Louise Posted On April 15, 2024

Tesla has reportedly laid off “more than 10%” of its global workforce, according to a report from Electrek. Citing an “internal company-wide email,” Electrek claimed that Elon Musk attributed the layoffs to a “duplication of roles and job functions in […]

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Paris-based tech startup HyLight raises $4 million to decarbonize aerial inspection with its hydrogen-powered airship drone

Nickie Louise Posted On April 15, 2024

In a major development that is set to revolutionize aerial photography, HyLight, a trailblazer in aerial inspection utilizing hydrogen airship drones, has secured a fundraising round totaling 3.7 million euros ($4 million) from venture capitalists and business angels. Notable backers […]

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OpenAI fires 2 researchers over leaks of potentially new AI breakthrough called Q*

Nickie Louise Posted On April 12, 2024

OpenAI has terminated two of its researchers, Leopold Aschenbrenner and Pavel Izmailov over alleged information leaks, according to a report from The Information. The saga further underscores ongoing tensions within the company. Aschenbrenner, known for his role in the AI […]

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