December 4, 2024
Author

Nickie Louise

Nickie is a writer and editor for TechStartups.com. Nickie loves writing about early-stage startups, new technologies, cryptocurrencies, gaming, and gadgets. When not writing about technology, Nickie enjoys crafts, spending time with family, hiking, and exploring God's majestic creation.


Cloud  / Featured  / Layoff  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Dropbox lays off 20% of its total workforce, cutting more than 500 jobs
Nickie Louise Posted On October 30, 2024


Dropbox has announced a 20% reduction in its workforce, impacting 528 employees, as part of its efforts to fuel revenue growth and reduce expenses. CEO Drew Houston described the move as necessary for navigating a “transitional period,” aiming to streamline […]


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Artificial Intelligence  / Emerging Technology  / Featured  / IPO  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Sam Altman’s stake in Reddit surpasses $1 billion after earnings boost
Nickie Louise Posted On October 30, 2024


Reddit shares surged 22% in extended trading on Tuesday, hitting $100 for the first time after the company posted third-quarter earnings that exceeded analyst expectations and issued an optimistic outlook. This rally has made OpenAI CEO Sam Altman one of […]


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Artificial Intelligence  / Editor Choices  / Emerging Technology  / Featured  / Startup Funding  / Startups  / Tech Startup News  / Tech Startups  / Technology News
AI investments make up 33% of total U.S. venture capital funding in 2024
Nickie Louise Posted On October 30, 2024


AI continues to dominate in 2024, capturing investor interest as the field’s rapid growth fuels mainstream adoption. The rise of ChatGPT two years ago set off a surge in AI investment, driving billions toward promising generative AI startups across industries. […]


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Blockchain  / Launch  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Microsoft-backed Space and Time launches SXT Chain Testnet at Chainlink SmartCon after $20 million Series A raise
Nickie Louise Posted On October 30, 2024


Just months after closing a $20 million Series A, Microsoft-backed AI blockchain startup Space and Time Labs has launched the SXT Chain Testnet at Chainlink SmartCon. The SXT Chain, designed to bring zero-knowledge (ZK)-proven data directly to smart contracts, is […]


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Apps  / Security  / Software  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Israeli tech startup Zenity lands $38M Series B funding to safeguard AI copilots against cyber threats
Nickie Louise Posted On October 29, 2024


Zenity, an Israeli security governance platform Zenity for securing low-code/no-code applications, has raised a $38 million Series B funding round to protect AI copilots against cyber threats. The round was co-led by Third Point Ventures and DTCP, with continued support from […]


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Featured  / FinTech  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Nigerian fintech startup Moniepoint secures $110M from Google and others to expand digital banking across Africa
Nickie Louise Posted On October 29, 2024


Nigeria has emerged as Africa’s fastest-growing fintech market, fueled by its population of over 200 million, with a significant portion still underserved by traditional financial services. In 2015, Moniepoint, a Nigeria-based fintech startup, set out to bridge this gap by […]


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Featured
Bitcoin surges past $70,000, its highest level since June
Nickie Louise Posted On October 29, 2024


Bitcoin’s price has hit a new high, breaking past the $70,000 barrier in a burst of volatile trading. As of this writing, Bitcoin sits at around $71,205, up 2.5%, according to Coin Metrics. Despite this spike, it remains just shy […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Bret Taylor’s AI startup Sierra secures $175 million at a $4.5 billion valuation
Nickie Louise Posted On October 28, 2024


Sierra, a customer service AI startup led by former Salesforce co-CEO Bret Taylor, has just secured $175 million in new funding from Greenoaks Capital, quadrupling its valuation to a remarkable $4.5 billion. This funding comes shortly after its January fundraise, […]


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Artificial Intelligence  / Emerging Technology  / Launch  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Meta develops AI search engine to compete with Google and Bing, reducing reliance on rivals
Nickie Louise Posted On October 28, 2024


Less than six months after unveiling Meta.ai to compete with ChatGPT, Meta Platforms is setting its sights on a new challenge: taking on search giants Alphabet’s Google and Microsoft’s Bing. According to The Information, Meta is preparing to launch an […]


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Artificial Intelligence  / Energy  / Launch  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
AI chip startup Untether launches energy-efficient AI chip for autonomous vehicles and edge tech; eyes $102B market by 2027
Nickie Louise Posted On October 28, 2024


Three years have passed since we last featured Untether AI, a Toronto startup advancing ultra-efficient, high-performance AI chips to unlock new possibilities in AI applications. Since then, the Untether team has spent years refining chips that bring AI capabilities to […]


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Cybersecurity  / Featured  / Security  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Cybersecurity startup Filigran raises $35M to empower global companies with proactive threat intelligence tools
Nickie Louise Posted On October 28, 2024


Global organizations today face an escalating volume and sophistication of cyber threats that strain security teams and leave critical infrastructures vulnerable. Many lack the resources or tools to anticipate potential threats, leaving gaps in preparedness and response. Now, one cybersecurity […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Nvidia overtakes Apple to become the world’s most valuable company
Nickie Louise Posted On October 28, 2024


Nvidia surpassed Apple on Friday to claim the top spot as the world’s most valuable company, riding high on soaring demand for its AI-focused chips. This news comes only four months after Nvidia briefly overtook Microsoft and Apple before Apple […]


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Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Alphabet’s self-driving car startup Waymo secures $5.6 billion funding as robotaxi race heats up
Nickie Louise Posted On October 25, 2024


Alphabet’s autonomous vehicle unit Waymo has just closed a $5.6 billion funding round, marking its biggest capital raise to date. The Series C round was led by Google’s parent company, Alphabet, with participation from major backers like Andreessen Horowitz, Perry […]


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Featured  / IPO  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
China’s driverless car startup WeRide secures $120M in IPO, adds $320.5M through private placement
Nickie Louise Posted On October 25, 2024


China’s self-driving startup WeRide has raised $440.5 million through its U.S. IPO and a private placement on Friday, marking a promising sign as more Chinese companies head to U.S. markets. The IPO reflects positive investor interest and a shift toward […]


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Social Media  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Bluesky closes $15 million Series A funding as user base surpasses 13 million, plans to roll out subscriptions
Nickie Louise Posted On October 24, 2024

Bluesky CEO Jay Graber [Photo: courtesy of Bluesky]

Decentralized social media startup Bluesky has raised $15 million in a Series A round led by Blockchain Capital, with participation from Alumni Ventures, True Ventures, SevenX, Amir Shevat of Darkmode, Kubernetes co-creator Joe Beda, and others. This funding follows Bluesky’s […]


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Artificial Intelligence  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Concentric AI raises $45 million in series B funding to autonomously secure business-critical data
Nickie Louise Posted On October 24, 2024


In May 2022, we reported on Concentric AI after the San Jose, California-based startup raised $14.5 million in Series A funding to tackle one of the biggest data security challenges facing enterprises today. A lot has changed since then. In […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Legal  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Former OpenAI researcher says company violated copyright law and destroyed the internet
Nickie Louise Posted On October 24, 2024


In November 2023, Sam Altman was fired as the CEO of OpenAI after the board lost confidence in his leadership. Just days later, reports emerged suggesting the decision was tied to concerns about a potential AI breakthrough that some OpenAI […]


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Electric Car  / Electric Vehicles  / Featured  / Launch  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Tesla to launch paid robotaxis service next year
Nickie Louise Posted On October 24, 2024


At Tesla’s robotaxi event on October 10, Elon Musk introduced the “Cybercab,” a two-seater vehicle without a steering wheel or pedals, fully controlled by cameras and artificial intelligence. Just two weeks later, Musk revealed that Tesla is planning to start […]


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Apps  / Artificial Intelligence  / Emerging Technology  / Gaming  / Privacy  / Social Media  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Teen commits suicide after intense emotional bond with Character.AI chatbot
Nickie Louise Posted On October 23, 2024


In just two years, AI has moved from a distant, futuristic concept to mainstream adoption, largely driven by the popularity of tools like ChatGPT and Google Gemini. From enhancing productivity to providing quick answers, people have incorporated AI into their […]


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Data  / Launch  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Data Quality Co-Op secures $1.25M in funding to transform how businesses handle and evaluate data quality
Nickie Louise Posted On October 23, 2024


The global first-party data market is expected to surpass $140 billion by 2025, according to ESOMAR. However, as businesses increasingly depend on first-party data, challenges related to fraud, inconsistent quality, and transparency are becoming more pressing. Seeing these challenges firsthand, […]


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