Nickie Louise - Tech Startups

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Musk’s xAI offers free access to Grok-2 chatbot for all X users

Nickie Louise Posted On December 16, 2024

Elon Musk’s artificial intelligence startup xAI announced on Saturday that the latest version of its Grok-2 chatbot is now available at no cost to all users of the social media platform X. “Over the past few weeks we have been quietly testing […]

1.4K Views

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Bitcoin surges to new record high above $106,000 as investors predict $120,000 by year-end

Nickie Louise Posted On December 16, 2024

Bitcoin has hit a new all-time high, continuing a rally that has seen its value climb over 50% since the U.S. presidential election on November 5. On Sunday, the world’s most popular cryptocurrency briefly surpassed $106,000 before pulling back as […]

532 Views

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OpenAI whistleblower and former researcher Suchir Balaji found dead in San Francisco apartment

Nickie Louise Posted On December 13, 2024

Suchir Balaji, a 25-year-old former researcher at OpenAI, was found dead in his San Francisco apartment late last month. Authorities, including the San Francisco Police Department and the Office of the Chief Medical Examiner, have ruled his death a suicide. […]

946 Views

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Generative AI startup Liquid AI closes $250 million in early stage funding led by AMD

Nickie Louise Posted On December 13, 2024

Generative AI startup Liquid AI announced on Friday that it has raised $250 million in early-stage funding, led by Advanced Micro Devices (AMD), which is also joining as a strategic collaborator. The funding aims to speed up the development and […]

752 Views

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Zest AI secures $200M growth funding from Insight Partners to advance AI-driven lending solutions

Nickie Louise Posted On December 13, 2024

Zest AI, a fintech startup revolutionizing lending with AI-driven solutions, announced today it has raised a $200 million growth investment from Insight Partners. This funding will support Zest AI’s continued efforts to improve underwriting, fraud protection, and generative AI capabilities, […]

904 Views

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Software startup ServiceTitan valued at $8.97 billion as stock pops 42% in IPO debut on Nasdaq

Nickie Louise Posted On December 12, 2024

Shares of ServiceTitan surged 42% during its U.S. market debut on Thursday, boosting the company’s valuation to $8.97 billion—over $3 billion higher than its targeted valuation of $5.16 billion just a week ago. The stock opened at $101 on Nasdaq, […]

635 Views

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Gigs secures $73 million in funding to help tech companies launch their own mobile services

Nickie Louise Posted On December 12, 2024

The telecom industry has long been closed off to new players, with high entry barriers keeping innovators at bay. For years, new entrants had to endure lengthy commercial negotiations with carriers and commit significant engineering resources to untangle a fragmented […]

725 Views

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Crusoe raises $600 million in Series D funding to power the AI cloud, now valued at $2.8 billion

Nickie Louise Posted On December 12, 2024

Crusoe, an AI startup and provider of vertically integrated AI infrastructure, has raised $600 million in a Series D funding round led by Founders Fund, with participation from Fidelity, Long Journey Ventures, Mubadala, NVIDIA, Ribbit Capital, and Valor Equity Partners. […]

1.1K Views

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OpenAI restores ChatGPT after 4 hours of downtime as weekly users surge to 300 million

Nickie Louise Posted On December 12, 2024

OpenAI announced early Thursday on X that its services, including the ChatGPT assistant, Sora video generator, and its programming interface for developers, were back online after experiencing several hours of downtime. OpenAI reported the outage at around 7 PM EST, […]

963 Views

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Spotter, a creator startup that provides upfront financing to YouTubers, lays off staff after partnering with Amazon

Nickie Louise Posted On December 11, 2024

Spotter, a startup that underwrites creators and offers AI-driven tools, has laid off staff following its partnership with Amazon, according to The Information. The layoffs occurred in early November and affected various parts of the Los Angeles-based company, marking a […]

1.1K Views

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Cloud database startup SkySQL raises $6.6M in funding to bring conversational AI to databases

Nickie Louise Posted On December 11, 2024

With AI gaining mainstream adoption, most companies are exploring generative AI applications powered by operational data, but delivering reliable and accurate results presents significant challenges. Today’s databases are often not optimized for AI, leading to issues like hallucinations, low accuracy, […]

1.0K Views

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Microsoft and Acadia Infrastructure Capital lead a $9 billion investment in U.S. renewable energy projects

Nickie Louise Posted On December 11, 2024

U.S. investor Acadia Infrastructure Capital, alongside Microsoft and other companies, is driving efforts to develop a $9 billion pipeline of renewable energy projects across the country. The initiative, led by Acadia Vice President Brian O’Callaghan, marks the launch of the […]

702 Views

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Apple unveils ChatGPT-powered Siri in latest iOS 18.2 update

Nickie Louise Posted On December 11, 2024

Six months after unveiling “Apple Intelligence” at the Worldwide Developers Conference (WWDC) 2024, Apple has rolled out updates for its iPhone, iPad, and Mac software. These updates include a highly anticipated feature: ChatGPT integration with Siri. This integration comes into […]

829 Views

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GM exits robotaxi market after spending $10 billion on Cruise, shifting operations in-house

Nickie Louise Posted On December 10, 2024

After pouring more than $10 billion into its robotaxi venture, General Motors (GM) has decided to cut its losses and abandon its driverless ride-hailing service, Cruise. According to a recent Bloomberg report, GM will cease funding its Cruise division’s robotaxi development […]

651 Views

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Amazon’s ‘Thank My Driver’: Give Your Driver a $5 Tip in Seconds at No Cost to You

Nickie Louise Posted On December 10, 2024

The holiday season is the perfect time to show appreciation, especially for those who work behind the scenes to make our lives easier. Delivery drivers, who often work long hours in low-paying jobs, help ensure our packages arrive on time. […]

732 Views

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Gen Digital to acquire fintech firm MoneyLion for $1 billion to expand its financial wellness offerings

Nickie Louise Posted On December 10, 2024

Gen Digital, the company behind Norton and Avast, is stepping into the fintech world with its $1 billion acquisition of MoneyLion. The move highlights the growing intersection of cybersecurity and financial technology as businesses look to deliver more comprehensive consumer […]

1.1K Views

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Why is the Meta Quest Failing to Deliver Massive Mainstream Gaming Experiences?

Nickie Louise Posted On December 10, 2024

There was a time when virtual reality (VR) was thought of as the next big thing in gaming, the next platform for never-before-seen levels of immersion and creativity. If your name is Mark Zuckerberg, you probably still think it is. […]

619 Views

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Google backs $800M funding round for clean energy startup Intersect Power to fuel sustainable AI data centers

Nickie Louise Posted On December 10, 2024

The mainstream adoption of generative AI is driving a surge in demand for AI-focused data centers, pushing companies and investors to look for sustainable solutions. One of the key players in this space is Intersect Power, a clean energy startup […]

834 Views

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Google unveils Willow: Breakthrough quantum chip that solves 10 septillion-year (10^25-year) problem in under 5 minutes

Nickie Louise Posted On December 9, 2024

Google has unveiled Willow, its latest quantum chip, marking a significant leap in quantum computing. This breakthrough chip addresses one of the field’s biggest hurdles: reducing errors as systems scale up. With Willow, Google claims to have solved a 30-year […]

3.9K Views

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OpenAI officially launches Sora, ushering in a new era of AI video creation

Nickie Louise Posted On December 9, 2024

Ten months after first teasing Sora, OpenAI’s innovative video-generation model, the company has officially launched it. OpenAI CEO Sam Altman announced the launch of Sora, stating that the platform is now available alongside a new product designed to complement it. In […]

961 Views