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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 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, […]

552 Views

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Apple and Goldman Sachs fined over $89 million for misleading Apple Card customers; agree to pay the fine

Nickie Louise Posted On October 23, 2024

Goldman Sachs and Apple have agreed to pay $89 million in fines and refunds after violating consumer protection laws through their joint Apple Card business. The U.S. Consumer Financial Protection Bureau (CFPB) announced the settlement on Wednesday, citing the impact […]

565 Views

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Archy secures $15 million in series A funding to transform dental practices with AI

Nickie Louise Posted On October 23, 2024

Dental practices in the U.S. have been facing several significant challenges, including a staffing shortage that has reduced capacity by an estimated 10%. This issue could worsen as more than 30% of dental assistants and hygienists plan to retire in […]

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Lilium, the ‘air taxi’ startup once valued at $3.3 billion, now on the brink of insolvency

Nickie Louise Posted On October 23, 2024

Lilium, a German flying taxi startup, has been on our radar since it first captured our attention in 2019 with its vision of transforming urban travel through unmanned air taxis. Fast forward nearly a decade, and the company now faces […]

700 Views

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Robotics AI startup Physical Intelligence is seeking to raise $300 million at a $2 billion valuation

Nickie Louise Posted On October 22, 2024

Just months after securing $70 million in seed funding from Greenoaks and five other investors, robotics AI startup Physical Intelligence is reportedly gearing up to raise hundreds of millions more as it pushes forward with plans to connect AI and […]

1.5K Views

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Interface.ai raises $30M to bring AI-powered customer automation to banks and financial institutions

Nickie Louise Posted On October 22, 2024

Interface.ai, a tech startup that provides AI-driven customer automation platforms for banks and credit unions, has raised $30 million in its first round of outside funding led by Avataar Venture Partners. The round included $20 million in equity and $10 […]

637 Views

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TikTok parent ByteDance fires intern for planting malicious code in AI models, denies sabotage claims

Nickie Louise Posted On October 22, 2024

Artificial intelligence (AI) has gained widespread adoption since the launch of ChatGPT two years ago, revolutionizing areas like personalized recommendations and automated decision-making. However, without adequate safeguards, even small disruptions can distort AI outputs, leading to inaccurate or harmful responses. […]

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Horizon Robotics raises $696 million in biggest Hong Kong IPO of 2024

Nickie Louise Posted On October 22, 2024

Last week, Horizon Robotics was in the spotlight with reports hinting at an upcoming IPO in Hong Kong. Now, that IPO has arrived. According to a term sheet seen by Reuters, the nine-year-old autonomous driving startup has priced its shares […]

524 Views

Blockchain / Editor Choices / Startups / Tech Startup News / Tech Startups / Technology News

5 Proven Ways Blockchain Startups Can Drive User Adoption Quickly

Nickie Louise Posted On October 22, 2024

Driving user adoption is a defining challenge for blockchain startups today. You may have a groundbreaking decentralized application, but you risk fading into obscurity without active daily users. Ultimately, user adoption separates blockchain innovations with temporary hype from those making […]

1.3K Views

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

Nebius, AI Spin-Off from Russia’s Yandex, Surges 5.6% in IPO Debut

Nickie Louise Posted On October 21, 2024

Nebius Group, an Amsterdam-based startup that spun out from the breakup of Russian tech giant Yandex, made its much-anticipated debut on Wall Street with an initial public offering (IPO). After some early turbulence, the company’s shares bounced back, closing 5.6% higher […]

1.5K Views

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Former OpenAI CTO Mira Murati to raise $100 million for new AI startup

Nickie Louise Posted On October 21, 2024

Mira Murati, former Chief Technology Officer at OpenAI, is reportedly in talks to raise funds for her new AI startup, according to sources cited by Reuters on Friday. Although we’ve been following Murati’s career closely, this funding news managed to […]

637 Views

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AI startup Perplexity AI in funding talks to more than double its valuation to $8 billion

Nickie Louise Posted On October 21, 2024

Perplexity has begun fundraising talks, aiming to more than double its valuation to over $8 billion, the Wall Street Journal said in an exclusive report on Sunday. Sources told the Journal that Perplexity AI is looking to secure around $500 […]

593 Views

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Stripe acquires stablecoin platform Bridge for $1.1 billion in crypto’s largest acquisition

Nickie Louise Posted On October 21, 2024

Fintech giant Stripe has just completed its biggest deal ever, acquiring stablecoin platform Bridge for a staggering $1.1 billion, according to a post on X by TechCrunch founder Michael Arrington. Founded in 2022 by former Square and Coinbase executives Zach […]

679 Views

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Truflation teams up with Scannit to revolutionize data transparency and economic insights

Nickie Louise Posted On October 18, 2024

As data continues to shape decisions across various industries, the need for transparency and ethical sourcing has become increasingly critical. To address this, Truflation, known for delivering real-time economic insights, has teamed up with Scannit, a leader in user-controlled data […]

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Gaming / Tech Startup News / Tech Startups / Technology News

How can iGaming industries thrive?

Nickie Louise Posted On October 18, 2024

With the presence of modern technology and a renewed interest in gaming activities, it’s not surprising that the iGaming industry is growing exponentially. IGaming was once considered to be a niche market but is now hailed as a global success, […]

566 Views

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Indian EdTech startup Eruditus raises $150 million in funding at a $3 billion valuation

Nickie Louise Posted On October 18, 2024

Indian ed-tech startup Eruditus announced on Friday that it has secured $150 million in Series F funding, led by private equity firm TPG. This investment brings the company’s valuation to $3 billion and includes backing from SoftBank, Leeds Illuminate, Accel, […]

664 Views

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io.net partners with ParallelAI to boost decentralized GPU computing for generative AI

Nickie Louise Posted On October 17, 2024

Just a few weeks after teaming up with Phala Network to drive secure computation and decentralized AI, GPU cloud network io.net has secured another major collaboration, this time with ParallelAI, a leader in parallel processing optimization for AI developers. Today, […]

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Toyota-backed Chinese self-driving startup Pony AI files for US IPO

Nickie Louise Posted On October 17, 2024

Pony AI, a Toyota-backed Chinese self-driving tech startup, is preparing to go public after eight years in the game. The company just filed for an initial public offering (IPO) in the U.S., marking a significant step for both Pony AI […]

837 Views

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Bain & Company, OpenAI expands partnership to sell ChatGPT to consulting clients

Nickie Louise Posted On October 17, 2024

Bain & Company is deepening its partnership with OpenAI to offer AI tools, including ChatGPT, to its consulting clients, according to a report from the Wall Street Journal. In addition, Bain is investing in an OpenAI Center of Excellence, which […]

924 Views