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Apple launches new iPad Mini featuring advanced AI capabilities

Nickie Louise Posted On October 15, 2024

Apple on Tuesday unveiled its latest iPad mini, featuring AI enhancements like advanced writing tools and an improved Siri assistant, as part of the company’s push to integrate more AI capabilities into its devices. The new iPad mini is powered […]

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New York Times sends cease-and-desist notice to AI startup Perplexity over unauthorized content use

Nickie Louise Posted On October 15, 2024

In recent months, legal actions against AI startups over the unauthorized use of content have been on the rise. The latest is Perplexity, which just received a cease-and-desist notice from the New York Times. According to a report from the […]

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Adyen co-founder’s new tech startup Tebi secures $22 million in funding to expand its global footprint

Nickie Louise Posted On October 15, 2024

Tebi, a new business software startup founded by Adyen co-founder Arnout Schuijff, has raised €20 million ($22 million) in a Series A funding from Index Ventures to fuel its growth and expand beyond the Netherlands. Schuijff, who left Adyen in […]

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Google goes nuclear to power AI data centers

Nickie Louise Posted On October 15, 2024

Google has entered into an agreement with Kairos Power to harness nuclear energy for its AI-driven data centers. The goal is to have the first small nuclear reactor up and running by 2030. With AI demanding ever-greater amounts of energy, […]

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Israeli tech startup Lidwave closes $10M in seed funding to transform machine vision with on-chip 4D LiDAR

Nickie Louise Posted On October 14, 2024

There’s a strong consensus that LiDAR is key for autonomous machines across various sectors, but its true potential remains limited by high costs, complexity, and reliability concerns. Traditional LiDAR systems are intricate, built from a mix of lasers, detectors, and […]

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ServiceNow, CoreWeave, and others to invest $8.2 billion in UK data centers to accelerate AI growth

Nickie Louise Posted On October 14, 2024

Less than a week after securing $650 million in funding from major Wall Street banks, Nvidia-backed AI startup CoreWeave is joining forces with enterprise software giant ServiceNow to make a multi-billion dollar investment in the UK, aimed at speeding up […]

778 Views

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SpaceX catches returning giant Starship rocket booster in mid-air, turning a sci-fi idea into reality

Nickie Louise Posted On October 14, 2024

SpaceX pulled off a groundbreaking engineering feat on Sunday, turning what once seemed like science fiction into reality. In a pivotal moment for the future of space travel, SpaceX’s Super Heavy Starship rocket booster was caught mid-air by a launch […]

843 Views

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Boeing to lay off 17,000 employees, or 10% of its total workforce, as losses deepen during factory strike

Nickie Louise Posted On October 11, 2024

Boeing is set to cut 10% of its workforce, about 17,000 employees, as it faces mounting losses and an ongoing machinist strike that has halted aircraft production for five weeks. The news comes less than a month after the beleaguered […]

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Nvidia-backed AI startup CoreWeave gets $650 million funding boost from top Wall Street banks

Nickie Louise Posted On October 11, 2024

In May 2023, we reported on CoreWeave after the Nvidia-backed AI startup raised $200 million in funding amid the ongoing AI boom. However, as the demand for AI grows, so does the need for GPUs powering AI data centers. Over […]

832 Views

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BlackRock now controls a record $11.5 trillion worth of assets

Nickie Louise Posted On October 11, 2024

BlackRock, the world’s largest asset manager, has reached a new milestone, managing a record $11.5 trillion in assets, driven by significant fourth-quarter inflows into its exchange-traded funds (ETFs). Often referred to as the “fourth branch of government,” BlackRock’s assets under […]

1.3K Views

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23andMe’s Fall: From $6 billion genetic testing company to near collapse; what happens to your DNA data?

Nickie Louise Posted On October 11, 2024

Earlier this year, we covered the dramatic rise and fall of 23andMe, a genetic testing company once valued at $6 billion. A lot has changed since then. On September 17, 2024, the entire board of directors resigned after founder and […]

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Swedish EV battery startup Northvolt in talks to raise 200 million euros in short-term funding

Nickie Louise Posted On October 11, 2024

A year ago, we covered Northvolt after the company secured $1.2 billion in funding from BlackRock and other investors to ramp up its factory operations. Now, the Swedish lithium-ion battery startup, founded by a former Tesla executive, is facing a […]

717 Views

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Climbing The Crest Of Crypto Casinos

Nickie Louise Posted On October 11, 2024

Cryptocurrency has made itself at home in the online casino world, especially in North America and Europe. Online crypto casinos offer players the option of crypto gaming, a new term coined to describe betting with various cryptocurrencies on games, sports, […]

645 Views

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Tesla’s Optimus bot impresses at ‘We, Robot’ event: “Learn to be as human as you guys are”

Nickie Louise Posted On October 11, 2024

After months of anticipation, Tesla finally revealed its Optimus bot at the ‘We, Robot’ event on Thursday, hosted by Warner Bros.The presentation didn’t disappoint the crowd, as Tesla’s humanoid robots took the stage alongside the new Robovan vehicle at the […]

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Fidelity Hacked: Fidelity confirms data breach exposed personal data of 77,000 customers

Nickie Louise Posted On October 10, 2024

Just two days after a massive cyberattack on America’s largest water utility, Fidelity Investments, one of the world’s top asset managers, disclosed that hackers had compromised the personal data of thousands of its customers. The firm confirmed that the breach, […]

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Healthcare startup Suki scores $70 million in funding to develop AI hospital assistants

Nickie Louise Posted On October 10, 2024

Suki, a healthcare tech startup focused on building AI assistants for medical professionals, has raised $70 million in a Series D funding round, the company shared with Reuters. Investors are betting big on the rise of generative AI tools in […]

844 Views

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Grabango, an Amazon cashierless rival that offers checkout-free tech, shuts down after failing to secure funding

Nickie Louise Posted On October 10, 2024

Grabango, the Silicon Valley startup that aimed to challenge Amazon in the cashierless checkout race, has closed its doors after failing to secure the necessary funding. The company joins a growing list of failed startups that have struggled in the […]

818 Views

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AI startup Writer is raising $200M in funding at a $1.9 billion valuation, launches new model to compete with OpenAI

Nickie Louise Posted On October 9, 2024

AI startup Writer is reportedly raising up to $200 million at a $1.9 billion valuation, according to a source who spoke with CNBC. This marks a significant jump from its valuation last September when the company raised $100 million at […]

1.8K Views

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Auger, a new logistics startup founded by former Amazon Consumer chief, raises $100 million in funding

Nickie Louise Posted On October 9, 2024

Dave Clark, the former Amazon Consumer CEO who helped build the company into a logistics powerhouse, is now turning his attention to improving Fortune 500 supply chains. On Tuesday, Clark announced the launch of a supply chain management software startup […]

1.4K Views

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US government says it is considering breaking up Google following antitrust monopoly ruling

Nickie Louise Posted On October 9, 2024

The U.S. government is considering asking a judge to force Google to break up parts of its business—such as its Chrome browser and Android operating system—to address its dominance in online search. This move could significantly alter the structure of […]

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