March 4, 2025
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.


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Space startup Orbex secures $25M from the UK government to take on SpaceX
Nickie Louise Posted On January 29, 2025


The UK government is investing £20 million ($24.8 million) in Orbex Space, a Scottish space startup aiming to compete with Elon Musk’s SpaceX. The funding, part of a larger round Orbex is raising, was announced at the European Space Conference […]


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OpenAI accuses DeepSeek of stealing its proprietary AI models to train its open-source AI using ‘distillation’ technique
Nickie Louise Posted On January 29, 2025


OpenAI says it has found proof that DeepSeek illegally used its proprietary models to train an open-source competitor, according to a report from the Financial Times. The maker of ChatGPT claims DeepSeek used a method called “distillation,” which allows a […]


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X launches ‘X Money’ with Visa to offer direct payments in a push for Musk’s ‘everything app’
Nickie Louise Posted On January 28, 2025


Elon Musk’s X has teamed up with Visa to roll out ‘X Money,’ a financial service designed to provide direct payment options and digital wallet integration for the platform’s users. According to a report from Reuters, this marks another step […]


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OpenAI launches ChatGPT Gov for U.S. government agencies
Nickie Louise Posted On January 28, 2025


OpenAI has unveiled ChatGPT Gov, its biggest product launch since the enterprise rollout, targeting U.S. government agencies. The announcement comes amid growing buzz around DeepSeek’s AI breakthrough. The new platform, announced Tuesday, marks OpenAI’s biggest product launch since rolling out […]


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OpenAI CEO Sam Altman finally breaks silence on DeepSeek’s AI breakthrough—Here’s what he said
Nickie Louise Posted On January 28, 2025


Chinese AI startup DeepSeek sent shockwaves through global markets on Monday, wiping out over $1 trillion in value after its AI chatbot took the number 1 spot Apple App Store, surpassing OpenAI. Dubbed an “AI Sputnik” moment, the launch of […]


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TravelPerk raises $200M at $2.7B valuation, acquires Swiss spend management platform Yokoy
Nickie Louise Posted On January 28, 2025


Barcelona-based corporate travel platform TravelPerk has secured $200 million in fresh funding, pushing its valuation to $2.7 billion, according to a report from CNBC. The investment round included participation from Atomico, EQT, and Noteus Partners, along with existing backers such […]


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Microsoft in talks to buy TikTok, reports
Nickie Louise Posted On January 28, 2025


Microsoft is reportedly in discussions to acquire TikTok amid security concerns. U.S. President Donald Trump confirmed on Monday that Microsoft is exploring a potential acquisition of TikTok, Reuters reported. This follows growing national security concerns surrounding the app’s Chinese ownership. […]


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Analog raises $5M in funding to drive web3 interoperability, hits $300M valuation
Nickie Louise Posted On January 27, 2025


It’s been two years since we last covered Analog, the tech startup behind the blockchain interoperability Proof of Time protocol, which simplifies collaboration across blockchains while ensuring scalability and security. Since 2022, the company has expanded its team to further […]


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DeepSeek, a Chinese AI Startup with a $150M valuation, triggers over $1 trillion in U.S. tech market crash
Nickie Louise Posted On January 27, 2025


U.S. stocks erased over $1 trillion in market value on Monday, driven by a DeepSeek-triggered sell-off. The major shake-up hit global markets on Monday as Chinese AI startup DeepSeek unleashed its R1 model, sending shockwaves through Silicon Valley and wiping out […]


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Nvidia calls DeepSeek R1 model ‘an excellent AI advancement’ despite losing $600 billion in market cap
Nickie Louise Posted On January 27, 2025


Nvidia praised Chinese AI startup DeepSeek’s new R1 model on Monday, even as Nvidia faced its largest single-day loss in history, losing nearly $600 billion in market value. The launch of R1 triggered a wave of uncertainty among investors, raising […]


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EA Sports Faces Soccer Setback While FIFA Eyes Fresh Start With Mythical Games
Nickie Louise Posted On January 27, 2025


Electronic Arts (EA), the video game giant whose soccer simulations have long dominated the genre, has hit an unexpected rough patch. The company’s largest gaming franchise, which rebranded from FIFA to EA Sports FC last year, is experiencing slower-than-anticipated sales […]


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Nvidia loses $600 billion in just 2 hours as DeepSeek’s success raises questions about AI chip spending
Nickie Louise Posted On January 27, 2025


Nvidia saw a sharp 17.55% drop on Monday, leading a global tech sell-off. This massive plunge hit other U.S. tech stocks as well, with companies like Micron, Arm Holdings, Broadcom, and Advanced Micro Devices all feeling the heat. Nvidia’s market […]


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DeepSeek surpasses ChatGPT on App Store as Chinese AI startup sends shockwaves through tech stocks
Nickie Louise Posted On January 27, 2025


Chinese AI startup DeepSeek has overtaken ChatGPT to become the highest-rated free app on Apple’s App Store in the U.S. This achievement comes just weeks after its January 10 launch, fueled by the growing popularity of the DeepSeek-R1 AI model. […]


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From DeepSeek to ByteDance: American Tech CEOs Sound Alarm on China’s AI Breakthroughs
Nickie Louise Posted On January 24, 2025


Earlier today, we reported that Meta AI has gone into panic mode following the meteoric rise of free open-source DeepSeek, a Chinese AI model that has taken the industry by storm. DeepSeek outperformed leading AI systems, including Meta’s Llama 3.1, […]


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Founder of $80 million AI chatbot startup GameOn indicted for fraud in San Francisco
Nickie Louise Posted On January 24, 2025


Fraud allegations have once again sent shockwaves through the startup world, this time centering on GameOn, a San Francisco-based AI chatbot startup recently valued at $80 million. Federal prosecutors revealed Thursday that Alexander Beckman, the 41-year-old founder and CEO of […]


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Meta AI in panic mode as free open-source DeepSeek gains traction and outperforms for far less
Nickie Louise Posted On January 24, 2025


Late last year, we reported on a Chinese AI startup that surprised the industry with the launch of DeepSeek, an open-source AI model boasting 685 billion parameters. What made headlines wasn’t just its scale but its performance—it outpaced OpenAI and […]


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This week in AI: Top 10 AI news stories you need to know
Nickie Louise Posted On January 23, 2025


AI had a busy week, with announcements ranging from OpenAI’s new task-performing agent to Tencent’s advances in 3D design. The pace of innovation in artificial intelligence shows no signs of slowing down, and this week was no exception. Major players like […]


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OpenAI launches Operator AI agent, expands free ChatGPT features with o3-Mini model
Nickie Louise Posted On January 23, 2025


OpenAI on Thursday rolled out two significant updates: ‘Operator’, an AI agent that can perform web-based tasks like buying groceries or managing expense reports, and the o3-mini model, which will now be available to ChatGPT’s free-tier users. In a post […]


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Stripe lays off 300 employees, or 3.5% of its global workforce, amid major restructuring efforts
Nickie Louise Posted On January 23, 2025


Stripe has laid off 300 employees, representing 3.5% of its workforce, with the majority of the cuts affecting roles in key departments including product, engineering, and operations, CNBC reported. Despite the layoffs, the payments giant—valued at around $70 billion in […]


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Everstone acquires bootstrapped Indian SaaS startup Wingify in $200 million deal
Nickie Louise Posted On January 23, 2025


Private equity firm Everstone has secured a majority stake in Indian SaaS startup Wingify in a deal valued at approximately $200 million, TechCrunch reported, citing three sources familiar with the transaction. The acquisition, finalized earlier this week, highlights Wingify’s remarkable […]


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