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Building Radar secures $7.2M in funding to revolutionize construction industry sales with AI

Nickie Louise Posted On October 7, 2024

The construction industry is one of the largest in the world but still lacks modern IT infrastructure. Even in 2024, it continues to rely on outdated, person-to-person sales networks. This challenge prompted Munich-based tech startup Building Radar to step in […]

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Sphinx teams up with Truflation to revolutionize perpetuals for real-world assets (RWAs)

Nickie Louise Posted On October 4, 2024

Did you know that you can bet on the price movements of assets without actually owning them? Thanks to perpetual swaps, traders can speculate indefinitely, and now, this once-niche financial tool is gaining traction in real-world markets. In a bold […]

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Experian acquires Brazilian cybersecurity firm ClearSale for $350 million to expand its footprint in Latin America

Nickie Louise Posted On October 4, 2024

Experian has acquired Brazilian cybersecurity firm ClearSale in a $350 million deal, in a move to boost its presence in Latin America’s largest economy. In a statement on Friday, Experian CEO Brian Cassin emphasized that the addition of ClearSale’s expertise […]

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Mark Zuckerberg overtakes Jeff Bezos to become the world’s second-richest person just a year after laying off 21,000 workers

Nickie Louise Posted On October 4, 2024

Mark Zuckerberg’s decision to lay off 21,000 employees has paid off—at least from Wall Street’s perspective. Meta’s aggressive cost-cutting moves sent its stock soaring. This move not only pushed Meta’s value upward but also helped Zuckerberg surpass Jeff Bezos to become […]

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Cybersecurity firm Proofpoint eyes pre-IPO funding as it plans a public comeback

Nickie Louise Posted On October 3, 2024

Back in April 2021, we covered ProofPoint after the cybersecurity firm was acquired by private equity giant Thoma Bravo for $12.3 billion. At the time, it was the largest private equity deal in software history. Fast forward three years later, […]

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EVgo gets $1 billion funding boost to expand public EV-charging infrastructure across the US

Nickie Louise Posted On October 3, 2024

EVgo, one of the EV fast-charging network operators in the U.S., has just secured a significant funding boost to expand its EV-charging infrastructure nationwide. The U.S. government on Thursday announced a conditional loan guarantee of up to $1.05 billion to […]

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Blockchain Communication Apps – The Future of Messaging or Mere Hype?

Nickie Louise Posted On October 3, 2024

Blockchain, the technology behind Bitcoin, is now being used for much more than just digital money. One exciting new use is in messaging apps. These blockchain-based apps promise to make our chats more secure and private, giving users more control […]

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OpenAI secures $6.6 billion in funding from Microsoft and Nvidia, now valued at $157 billion

Nickie Louise Posted On October 2, 2024

After weeks of anticipation, OpenAI has successfully raised an impressive $6.6 billion in funding, a move that could push its valuation to $157 billion, solidifying its status as one of the most valuable private companies globally. The funding round attracted […]

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Toyota invests another $500M in electric air taxi startup Joby Aviation

Nickie Louise Posted On October 2, 2024

Just four years after making its first big bet on electric air taxis with $394 million in the California-based startup Joby Aviation, Toyota is ramping up its commitment with an additional $500 million investment. Toyota announced on Wednesday that it […]

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Lithuania-based RegTech startup AMLYZE raises €2.35M in seed funding to fight financial crimes

Nickie Louise Posted On October 2, 2024

Fighting financial crime is a massive challenge for governments and businesses worldwide. With an estimated $3.1 trillion in illicit funds circulating through the global financial system in 2023, the impact on economies, societies, and individuals is immense. It was this […]

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Goldman-backed digital banking startup Starling Bank fined $38.5 million for failing to prevent financial crimes

Nickie Louise Posted On October 2, 2024

It’s been three years since we last featured Starling Bank, a Goldman Sachs-backed mobile banking platform based in the U.K. that provides personal, joint, and business accounts. During that time, Starling has grown significantly, reaching 4.2 million customers, up from […]

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OpenAI partners with Italy’s CDP to boost AI innovation among Italian startups

Nickie Louise Posted On October 2, 2024

OpenAI and Italy’s state lender CDP have teamed up to boost artificial intelligence (AI) adoption among Italian startups and innovative companies. In a joint statement on Wednesday, the two announced that OpenAI would invest in startups focused on AI-based products […]

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OpenAI launches new tools to accelerate AI model development for developers

Nickie Louise Posted On October 1, 2024

Less than a month after launching its o1 preview, a new series of AI models designed to think more critically before responding, OpenAI introduced a range of tools on Tuesday aimed at speeding up AI model development for developers. The […]

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Robinhood rival Freetrade acquires UK arm of Australian investing platform Stake

Nickie Louise Posted On October 1, 2024

British investment app startup Freetrade has agreed to acquire the UK arm of Australian platform Stake, according to an exclusive report from CNBC. The financial details of the deal remain undisclosed by both companies, including the value of Stake’s UK […]

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Top 10 companies hiring for artificial intelligence (AI) jobs

Nickie Louise Posted On October 1, 2024

The growing adoption of artificial intelligence (AI) across industries has sparked a significant demand for AI talent, as companies race to stay ahead in an increasingly competitive landscape. From financial services to telecommunications, organizations are pouring resources into hiring professionals […]

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Generative AI startup Resolve AI secures $35M in seed funding to become your go-to AI production engineer

Nickie Louise Posted On October 1, 2024

Resolve AI, a new generative AI startup focused on automating software operations with AI, has secured $35 million in seed funding, led by Greylock. This investment marks the largest check written by the Silicon Valley firm this year, which previously […]

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SpaceX Dragon safely docks at Space Station to rescue stranded Boeing Astronauts after engine failure

Nickie Louise Posted On September 30, 2024

After what was initially planned as a weeklong mission turned into months, two Boeing Starliner astronauts are now set to return home thanks to SpaceX. Yesterday, SpaceX’s Crew Dragon safely arrived at the International Space Station (ISS) to eventually ferry […]

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Klarna partners with fintech startup Adyen to bring ‘buy now, pay later’ to physical retail stores

Nickie Louise Posted On September 30, 2024

With rising financial pressures, millions of shoppers are turning to buy now, pay later (BNPL) services to manage their purchases. Adobe’s latest forecast predicts that consumers will spend a record-breaking $18.5 billion through BNPL this holiday season. While BNPL services […]

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Epic Games is suing Google — again — and now Samsung is caught in the crossfire

Nickie Louise Posted On September 30, 2024

Earlier this year, Epic Games scored a significant win against Apple, three years after filing lawsuits against both Apple and Google, accusing them of monopolizing their app stores. Now, Epic is back in court, and this time, Samsung is caught […]

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