Nickie Louise - Tech Startups

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GM exits robotaxi market after spending $10 billion on Cruise, shifting operations in-house

Nickie Louise Posted On December 10, 2024

After pouring more than $10 billion into its robotaxi venture, General Motors (GM) has decided to cut its losses and abandon its driverless ride-hailing service, Cruise. According to a recent Bloomberg report, GM will cease funding its Cruise division’s robotaxi development […]

2.2K Views

E-Commerce / Social Media / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Amazon’s ‘Thank My Driver’: Give Your Driver a $5 Tip in Seconds at No Cost to You

Nickie Louise Posted On December 10, 2024

The holiday season is the perfect time to show appreciation, especially for those who work behind the scenes to make our lives easier. Delivery drivers, who often work long hours in low-paying jobs, help ensure our packages arrive on time. […]

2.8K Views

Acquisition / Cybersecurity / FinTech / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Gen Digital to acquire fintech firm MoneyLion for $1 billion to expand its financial wellness offerings

Nickie Louise Posted On December 10, 2024

Gen Digital, the company behind Norton and Avast, is stepping into the fintech world with its $1 billion acquisition of MoneyLion. The move highlights the growing intersection of cybersecurity and financial technology as businesses look to deliver more comprehensive consumer […]

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Gadgets / Gaming / Hardware / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News / VR / Wearables

Why is the Meta Quest Failing to Deliver Massive Mainstream Gaming Experiences?

Nickie Louise Posted On December 10, 2024

There was a time when virtual reality (VR) was thought of as the next big thing in gaming, the next platform for never-before-seen levels of immersion and creativity. If your name is Mark Zuckerberg, you probably still think it is. […]

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Google backs $800M funding round for clean energy startup Intersect Power to fuel sustainable AI data centers

Nickie Louise Posted On December 10, 2024

The mainstream adoption of generative AI is driving a surge in demand for AI-focused data centers, pushing companies and investors to look for sustainable solutions. One of the key players in this space is Intersect Power, a clean energy startup […]

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Launch / Quantum Computing / Semiconductor / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Google unveils Willow: Breakthrough quantum chip that solves 10 septillion-year (10^25-year) problem in under 5 minutes

Nickie Louise Posted On December 9, 2024

Google has unveiled Willow, its latest quantum chip, marking a significant leap in quantum computing. This breakthrough chip addresses one of the field’s biggest hurdles: reducing errors as systems scale up. With Willow, Google claims to have solved a 30-year […]

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

OpenAI officially launches Sora, ushering in a new era of AI video creation

Nickie Louise Posted On December 9, 2024

Ten months after first teasing Sora, OpenAI’s innovative video-generation model, the company has officially launched it. OpenAI CEO Sam Altman announced the launch of Sora, stating that the platform is now available alongside a new product designed to complement it. In […]

1.2K Views

Privacy / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Huge Win for Tech Startups: Judge Suspends Enforcement of FinCEN Reporting Requirement That Would Have Cost $22.7 Billion in Compliance

Nickie Louise Posted On December 9, 2024

Back in the summer, we covered the looming FinCEN reporting requirements mandating all U.S. businesses to disclose details about their beneficial owners. This directive, set to take effect on January 1, 2025, stems from the Corporate Transparency Act (CTA) of […]

759 Views

Featured / Launch / Space / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Ex SpaceX engineer’s startup General Matter seeks to produce US-made HALEU nuclear fuel to reduce dependence on Russia

Nickie Louise Posted On December 9, 2024

Russia holds about 8% of the world’s uranium resources, yet it mines only around 5% of the global supply, as of 2021. Despite its smaller production scale, Russia dominates more critical stages of the nuclear fuel cycle. Currently, it stands […]

5.2K Views

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Ant Group names Cyril Han as CEO as it looks to recover from Beijing’s tech crackdown

Nickie Louise Posted On December 9, 2024

Ant Group has named its president and finance chief Cyril Han as its next CEO. The leadership change reflects the company’s efforts to rebuild momentum and reignite growth after years of regulatory challenges in China. Han will officially take over […]

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

OpenAI seeks to remove “AGI clause” in Microsoft deal to go full-for-profit

Nickie Louise Posted On December 6, 2024

OpenAI is reportedly in talks to amend its agreement with Microsoft, potentially removing a clause that limits Microsoft’s access to OpenAI’s most advanced AI models if artificial general intelligence (AGI) is developed, according to a report from the Financial Times. […]

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Cryptocurrency / Featured / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News / Venture Capital

Venture capitalist David Sacks named AI and crypto czar in Trump’s second administration

Nickie Louise Posted On December 6, 2024

Venture capitalist and tech investor David Sacks has been appointed as the “White House A.I. & Crypto Czar,” President-elect Donald Trump announced Thursday. “David will focus on making America the clear global leader in both areas,” Trump wrote in a […]

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

OpenAI unveils O1: the smartest AI model yet, plus ChatGPT Pro for power users at $200/month

Nickie Louise Posted On December 5, 2024

Just three months after rolling out a new line of AI models designed to process information more thoughtfully, OpenAI has introduced O1. Described as “the smartest model in the world,” O1 is not only faster but also packed with new […]

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Augmented Reality / Featured / Gadgets / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News / VR / Wearables

Chinese wearable startup Xreal launches new One Series AR glasses with advanced chip to take on Meta and Snap

Nickie Louise Posted On December 5, 2024

Xreal on Wednesday unveiled its latest generation of augmented reality (AR) glasses, stepping up its game with advanced chips to compete against major players like Apple, Meta, and Snap. This launch follows last year’s release of the Air 2 AR […]

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Cloud / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

io.net partners with Matchain to democratize decentralized AI infrastructure with affordable GPU access

Nickie Louise Posted On December 5, 2024

io.net, the decentralized GPU network, is solidifying its position as a leader in decentralized computing. Just weeks after joining forces with GAIB to enhance GPU access for AI computing, io.net has announced a strategic partnership with Matchain, a blockchain platform […]

871 Views

Cryptocurrency / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Hawk Tuah Girl faces backlash as her $HAWK memecoin crashes from $500M to $60M in minutes

Nickie Louise Posted On December 5, 2024

Haliey Welch, better known as the “Hawk Tuah Girl,” is under fire after the spectacular rise and fall of her memecoin, $HAWK. The cryptocurrency soared to a $500 million market cap shortly after its launch but crashed below $60 million […]

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FinTech / IPO / Startups / Tech Startup News / Tech Startups / Technology News

What It Means for Investors When Tech Companies Leave the London Stock Exchange

Nickie Louise Posted On December 5, 2024

Argent Biopharma’s move to delist from the London Stock Exchange (LSE) has brought attention to a pattern that has been more widespread in recent years. Companies looking for access to finance and the prestige of being publicly listed have traditionally […]

742 Views

Bitcoin / Cryptocurrency / Startups / Tech Startup News / Tech Startups / Technology News

Bitcoin hits $100,000 for the first time in history. Surges to all-time high price of $103,000

Nickie Louise Posted On December 4, 2024

The price of Bitcoin reached an all-time high of $103,000 on Wednesday, breaking the $100,000 milestone for the first time in its history. This achievement marks a pivotal moment for the cryptocurrency market, capping off a year of substantial growth […]

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

OpenAI partners with defense tech startup Anduril for AI-powered anti-drone systems for national security

Nickie Louise Posted On December 4, 2024

Just four months after securing $1.5 billion in funding at a $14 billion valuation, defense tech startup Anduril announced a new partnership with OpenAI to bring advanced AI solutions to national security efforts. The collaboration, revealed Wednesday, allows Anduril to […]

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

OpenAI hits 300 million weekly users, eyes 1 billion active users as it leads the generative AI race

Nickie Louise Posted On December 4, 2024

OpenAI has reached a major milestone, reporting 300 million weekly active users for ChatGPT. In a post shared on X, the company revealed: “300M weekly active ChatGPT users 1B user messages sent on ChatGPT every day.” This announcement follows a […]

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