Nickie Louise - Tech Startups

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Personal insurance shopper startup Jerry raises $110M in funding, doubles its AI-powered AllCar app services

Nickie Louise Posted On August 3, 2023

It’s been two years since we last covered Jerry, a Palo Alto, California-based InsurTech startup that uses AI to revolutionize how car owners manage all things car. Using its AI- and machine-learning-based car insurance comparison engine, Jerry saves customers time […]

2.7K Views

Artificial Intelligence / Emerging Technology / Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Canadian AI chip tech startup Tenstorrent raises $100 million in funding from Hyundai and Samsung

Nickie Louise Posted On August 3, 2023

The artificial intelligence (AI) frenzy that kicked off with the release of ChatGPT late last year doesn’t seem to be losing steam as investors continue to pour billions of dollars into regenerative AI startups. In the first half of 2023, […]

1.1K Views

Artificial Intelligence / Emerging Technology / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Elon Musk buys AI.com from OpenAI, just 4 months after ChatGPT creator acquired the domain for $11 million

Nickie Louise Posted On August 2, 2023

Back in March, we wrote OpenAI after the creator of ChatGPT bought AI.com for a whopping $11 million, making it one of the most expensive domain purchases in history. The redirect of AI.com to OpenAI’s ChatGPT page only fueled the […]

11.8K Views

Featured / Health / HealthTech / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News / Venture Capital

Chicago HealthTech startup AMOpportunies closes $2M in funding to expand its network of U.S. hospitals and clinical partners

Nickie Louise Posted On August 2, 2023

In the past few months, headlines have been buzzing with news about artificial intelligence startups securing significant funding, fueled by the success of ventures like ChatGPT. However, this doesn’t mean that investors have shifted their focus entirely. Investors and venture capital […]

1.8K Views

Featured / IPO / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

SoftBank-owned British chip design startup Arm eyes September IPO valued at around $70 billion

Nickie Louise Posted On August 2, 2023

In March, there were reports that Arm Ltd, a British chip design firm owned by SoftBank, was considering raising prices for its chip designs. The aim was to increase revenue before their planned initial public offering (IPO) in New York. […]

1.1K Views

Failed Startups / Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Startups shutting down in 2023: Tech startups that closed up shops in Q2 as venture market cools

Nickie Louise Posted On August 1, 2023

It is undeniable that 2023 has been a challenging year for tech startups across the globe. The initial optimism that started at the beginning of this year quickly gave way to a daunting combination of banking defaults and Federal Reserve […]

4.6K Views

Bitcoin / Cryptocurrency / Ethereum / Featured / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Cryptocurrencies are considered securities regardless of how they are sold, federal judge says

Nickie Louise Posted On August 1, 2023

Just last month, Ripple Labs won its case against the U.S. Securities and Exchange Commission (SEC) after a court ruling that Ripple’s XRP sales were not securities under the law. The U.S. judge ruled that the company “did not violate […]

837 Views

InsurTech / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

InsurTech startup Converge raises $15M in Series A funding to redefine cyber insurance

Nickie Louise Posted On August 1, 2023

Over the past two decades, the surge in cyber-attacks has been nothing short of alarming, making cyber insurance no longer a luxury but an absolute necessity. In the current digital landscape, cybersecurity has emerged as one of the most pressing […]

2.3K Views

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Amazon to invest $7.2 billion in Israel tech sector, launches AWS cloud region

Nickie Louise Posted On August 1, 2023

Israel, famous for its thriving startup culture, has been grappling with a worsening slowdown in its technology sector this past year, mainly attributed to the political unrest in the country. Now, there’s some positive news as the retail giant Amazon […]

849 Views

Acquisition / Featured / Software / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

New Relic to go private in a $6.5 billion all-cash deal

Nickie Louise Posted On July 31, 2023

Observability software provider New Relic has reached an agreement led by a consortium led by Francisco Partners and private equity group TPG to go private in a $6.5 billion deal. The news comes at a time of intense competition in […]

973 Views

Blockchain / Press Release / Technology News

Fleek Network releases new whitepaper for decentralized edge platform

Nickie Louise Posted On July 31, 2023

Fleek Network, a network optimized to facilitate the deployment and running of geo-aware decentralized web and edge services, has released a new whitepaper unveiling its decentralized edge platform. This major milestone is accompanied by the launch of an open-source GitHub […]

876 Views

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DealShare co-founder & CEO Vineet Rao steps down as the social commerce startup faces growth challenges

Nickie Louise Posted On July 31, 2023

India’s social e-commerce DealShare co-founder and CEO Vineet Rao has stepped down from his role effective immediately, the Tiger Global and Alpha Wave Global-backed unicorn startup announced in a statement on Monday. Rao will collaborate with the DealShare board in […]

982 Views

Acquisition / E-Commerce / Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Walmart pays $1.4 billion to buy out Tiger Global’s stake in Indian e-commerce startup Flipkart

Nickie Louise Posted On July 31, 2023

Walmart has paid $1.4 billion to buy out hedge fund Tiger Global’s remaining stake in its Indian e-commerce startup Flipkart. In addition, the retail giant also acquired private equity firm Accel’s remaining 1% stake in the company, according to multiple […]

871 Views

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Twitter X hits a new high after rebrand, while Meta’s Threads daily active users plummeted by 70%, from 100 million to 13 million

Nickie Louise Posted On July 28, 2023

Earlier this week, Elon Musk rebranded Twitter to ‘X’ to reflect his vision of creating what he described as the “everything app.” As part of the major rebranding effort, Musk replaced the iconic Twitter bird logo with the letter “X.” […]

1.1K Views

Press Release / Startups / Tech Startup News / Tech Startups / Technology News

SmartWorks Technology, BlinkNow Foundation join forces to prepare rural Nepalese students for technology careers

Nickie Louise Posted On July 28, 2023

In a truly inspiring partnership to bring hope and promise to underserved students in rural Nepalese, BlinkNow, a global nonprofit committed to transforming lives, has teamed up with SmartWorks Technology Partners, a provider of software development and developer staffing services […]

1.2K Views

Crowdfunding Campaigns / Launch / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Abode, a satirically named startup, raises $235K in crowdfunding campaign from 3,000 artists to take on Adobe

Nickie Louise Posted On July 28, 2023

The immense power of tech giants like Amazon, Apple, Google (now Alphabet), Meta, and Microsoft is massive. Over the last two decades, these companies have asserted their dominance in various market segments all across the globe. They wield power over […]

2.7K Views

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Helpful launches with $7.5M in funding to simplify caregiving and ease administrative burdens for loved ones

Nickie Louise Posted On July 27, 2023

Nearly every developed country is witnessing a significant and rapid increase in the aging population. Along with this demographic shift, the expenses associated with caring for the elderly are rising at an approximate rate of five percent annually. This places a […]

1.4K Views

Artificial Intelligence / Emerging Technology / Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Protect AI raises $35M in funding to help organizations build safer AI and secure their AI & ML systems

Nickie Louise Posted On July 27, 2023

As artificial intelligence (AI) continues to gain mainstream adoption and more companies integrate AI into their organization ecosystems, there is a growing chorus of voices emphasizing the importance of AI safety once again. Just yesterday, we saw the launch of […]

1.3K Views

Artificial Intelligence / Emerging Technology / Featured / Launch / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

OpenAI, Google, others launch Frontier Model Forum, a new AI industry group to promote safe and responsible AI

Nickie Louise Posted On July 26, 2023

Last Friday, seven leading artificial intelligence (AI) companies including OpenAI, Google’s Alphabet, and Meta pledged to take measures to enhance AI safety. The move was part of the effort to ensure greater accountability and reliability in the use of AI-generated […]

1.9K Views

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Haveli, General Atlantic acquire business software startup Certinia for nearly $1 billion

Nickie Louise Posted On July 26, 2023

While startup funding has slowed down in recent months. Merger and acquisition (M&A) activity continues to trend upward as private equity firms discovered great deals and opportunities. The latest is software vendor Certinia. Today, private equity firms Haveli Investments and […]

1.6K Views