Less than a week after unveiling a new AI office “Copilot” for Microsoft 365, Microsoft Microsoft and its Nuance Communications subsidiary today announced the launch of Dragon Ambient eXperience (DAX) Express, a clinical notes application for healthcare workers that is […]
Investors are turning to Bitcoin after the realization that the US Federal Reserve Bank (Fed) just printed $300 billion out of thin air last week to bail out the banks. Bitcoin topped $28,380 on Sunday and jumped 5.19%, adding $1,400 […]
In December 2021, we wrote about Elon Musk after a report that the world’s richest man (until recently), was about to pay over $15,000,000,000 in taxes in 2021, the largest in American history. Fast forward more than a year later, […]
Did you know that about half of all daily newspapers in the country are owned by private equity firms or hedge funds? You’ve probably heard of private equity (PE) and have no idea what it is and why they’re the […]
Indian fintech platform PhonePe has raised $200 million in primary capital from its majority owner Walmart even as other startups struggle to raise new funding amid fallout from Silicon Valley Bank. In this funding round, PhonePe has raised $650 million […]
On February 24, we wrote about Stripe after the fintech giant announced it was close to raising $4 billion in fresh funding that will push the company’s valuation to about $55 billion, a massive discount from its record valuation of […]
Good evening! Below are some of the top tech startup news stories for Thursday, March 16, 2023. Microsoft unveils new AI office “Copilot” for Microsoft 365 in a race with Google On Tuesday, we wrote about Google after the search […]
While everyone was busy talking about the collapse of Silicon Valley Bank, the popularity of non-fungible tokens (NFTs) as the NFT market climbed to more than $40 billion in value in March, according to a report from Forbes. The future […]
Climate change is one of the biggest threats of our time. According to some estimates, losses due to weather-related events have increased nearly ten-fold over the last four decades, from a ten-year global average of $12 billion in 1980 to […]
In days leading up to the collapse of Silicon Valley Bank (SVB), venture capital firms and tech startups scrambled to withdraw their deposits. But the fallout was widespread. Stablecoin USDC also lost its peg, falling as low as $0.88 on […]
Good evening! Below are some of the top tech startup news stories for Wednesday, March 15, 2023. Federal Reserve to launch a new instant payments system called “FedNow” in July The rumors about central bank full-reserve digital currency or Central […]
Open XDR innovator Stellar Cyber today announced the launch of its InterSTELLAR Partner Program to accelerate revenue for resellers of its Open XDR platform. Stellar Cyber was recently named one of the 10 Hot XDR Security Companies You Should Watch […]
Actor Ryan Reynolds has achieved yet another major success with the sale of his budget wireless provider Mint Mobile to T-Mobile US Inc. for over a billion dollars. On Tuesday, T-Mobile announced that it has entered into a definitive agreement […]
While venture capital firms and tech startups are relieved that the U.S. government stepped in to fully protect their deposits at Silicon Valley Bank (SVB), the collapse will have far-reaching implications on U.S. venture-backed startups and the broader tech ecosystem […]
Abu Dhabi-based artificial intelligence company G42 has acquired a $100 million-plus stake in Tiktok-parent ByteDance, valuing the company at $220 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter. Founded in 2018, G42 specializes in artificial intelligence […]
Adept, an AI tech startup co-founded by a former OpenAI engineer, has raised $350 million in Series B funding led by General Catalyst and Spark Capital, with participation from existing investors, new financial partners, and some of the most “iconic […]
Good evening! Below are some of the top tech startup news stories for Tuesday, March 14, 2023. Google brings AI-powered features to Gmail and Docs as AI race heats up With the soaring popularity of OpenAI ChatGPT, Alphabet’s Google is […]
Just last week, we wrote about Anthropic after the Alphabet-backed AI startup announced it was close to raising $300 million from investors at around a $5 billion valuation. Co-founded by former OpenAI employees, Anthropic came into the spotlight following the […]
Flat6Labs, a Middle East and North Africa (MENA) region’s leading seed and early-stage venture capital firm, today announced the launch of a new $95 million venture capital fund to expand its footprint and impact in Africa. Flat6Labs said it will […]
Facebook-parent company Meta announced on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000 employees, making the social giant the first Big Tech company to announce a second round of mass layoffs. In a message […]