Nickie Louise - Tech Startups

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Northvolt co-founder, Swedish funds may inject $9.5M as struggling EV battery startup seeks urgent funding

Nickie Louise Posted On October 17, 2024

Last week, we covered Northvolt’s ongoing efforts to secure 200 million euros in short-term funding as the Swedish EV battery startup faces financial struggles. While there’s still uncertainty about whether the funding will come through, it looks like the company […]

1.1K Views

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GraFun Labs launches growth program for the next memecoins

Nickie Louise Posted On October 17, 2024

Less than a month after teaming up with DWF Labs to improve liquidity and bring more transparency to the meme coin space, GraFun has unveiled GraFun Labs, a new initiative to accelerate promising memecoin projects that could redefine the market. […]

2.0K Views

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Amazon goes nuclear, to invest over $500 million to build small modular reactors amid AI boom

Nickie Louise Posted On October 16, 2024

Just yesterday, we reported on Google’s plans to tap nuclear power for its AI data centers. Now, Amazon is making its own move with a $500 million investment in small modular reactors (SMRs) to support its power-hungry data centers. Amazon […]

986 Views

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Photonic startup Lightmatter secures $400 million amid AI data center boom, now valued at $4.4 billion

Nickie Louise Posted On October 16, 2024

The rise of artificial intelligence continues to fuel a growing demand for infrastructure like AI chips and data centers. This trend has led to a massive influx of capital, with venture firms betting big on AI startups. One of the […]

2.3K Views

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Generative AI startups secure 40% of $79.2 billion in cloud venture funding for 2024

Nickie Louise Posted On October 16, 2024

The rise of ChatGPT two years ago ignited a wave of AI adoption across industries, pushing artificial intelligence into the mainstream. Along with this rise came an influx of billions in investment, primarily benefiting generative AI startups—those leveraging AI to […]

2.7K Views

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Horizon Robotics, a Chinese rival to Nvidia, eyes $696 million in Hong Kong’s biggest IPO of 2024

Nickie Louise Posted On October 16, 2024

Chinese autonomous driving startup Horizon Robotics is gearing up to raise up to $696 million through an initial public offering (IPO) in Hong Kong. After nearly two years of quiet on the city’s listings scene, activity is picking up again, with […]

1.6K Views

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Apple launches new iPad Mini featuring advanced AI capabilities

Nickie Louise Posted On October 15, 2024

Apple on Tuesday unveiled its latest iPad mini, featuring AI enhancements like advanced writing tools and an improved Siri assistant, as part of the company’s push to integrate more AI capabilities into its devices. The new iPad mini is powered […]

1.0K Views

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New York Times sends cease-and-desist notice to AI startup Perplexity over unauthorized content use

Nickie Louise Posted On October 15, 2024

In recent months, legal actions against AI startups over the unauthorized use of content have been on the rise. The latest is Perplexity, which just received a cease-and-desist notice from the New York Times. According to a report from the […]

820 Views

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Adyen co-founder’s new tech startup Tebi secures $22 million in funding to expand its global footprint

Nickie Louise Posted On October 15, 2024

Tebi, a new business software startup founded by Adyen co-founder Arnout Schuijff, has raised €20 million ($22 million) in a Series A funding from Index Ventures to fuel its growth and expand beyond the Netherlands. Schuijff, who left Adyen in […]

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Google goes nuclear to power AI data centers

Nickie Louise Posted On October 15, 2024

Google has entered into an agreement with Kairos Power to harness nuclear energy for its AI-driven data centers. The goal is to have the first small nuclear reactor up and running by 2030. With AI demanding ever-greater amounts of energy, […]

939 Views

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Israeli tech startup Lidwave closes $10M in seed funding to transform machine vision with on-chip 4D LiDAR

Nickie Louise Posted On October 14, 2024

There’s a strong consensus that LiDAR is key for autonomous machines across various sectors, but its true potential remains limited by high costs, complexity, and reliability concerns. Traditional LiDAR systems are intricate, built from a mix of lasers, detectors, and […]

1.3K Views

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ServiceNow, CoreWeave, and others to invest $8.2 billion in UK data centers to accelerate AI growth

Nickie Louise Posted On October 14, 2024

Less than a week after securing $650 million in funding from major Wall Street banks, Nvidia-backed AI startup CoreWeave is joining forces with enterprise software giant ServiceNow to make a multi-billion dollar investment in the UK, aimed at speeding up […]

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SpaceX catches returning giant Starship rocket booster in mid-air, turning a sci-fi idea into reality

Nickie Louise Posted On October 14, 2024

SpaceX pulled off a groundbreaking engineering feat on Sunday, turning what once seemed like science fiction into reality. In a pivotal moment for the future of space travel, SpaceX’s Super Heavy Starship rocket booster was caught mid-air by a launch […]

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Boeing to lay off 17,000 employees, or 10% of its total workforce, as losses deepen during factory strike

Nickie Louise Posted On October 11, 2024

Boeing is set to cut 10% of its workforce, about 17,000 employees, as it faces mounting losses and an ongoing machinist strike that has halted aircraft production for five weeks. The news comes less than a month after the beleaguered […]

932 Views

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Nvidia-backed AI startup CoreWeave gets $650 million funding boost from top Wall Street banks

Nickie Louise Posted On October 11, 2024

In May 2023, we reported on CoreWeave after the Nvidia-backed AI startup raised $200 million in funding amid the ongoing AI boom. However, as the demand for AI grows, so does the need for GPUs powering AI data centers. Over […]

1.1K Views

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BlackRock now controls a record $11.5 trillion worth of assets

Nickie Louise Posted On October 11, 2024

BlackRock, the world’s largest asset manager, has reached a new milestone, managing a record $11.5 trillion in assets, driven by significant fourth-quarter inflows into its exchange-traded funds (ETFs). Often referred to as the “fourth branch of government,” BlackRock’s assets under […]

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23andMe’s Fall: From $6 billion genetic testing company to near collapse; what happens to your DNA data?

Nickie Louise Posted On October 11, 2024

Earlier this year, we covered the dramatic rise and fall of 23andMe, a genetic testing company once valued at $6 billion. A lot has changed since then. On September 17, 2024, the entire board of directors resigned after founder and […]

2.5K Views

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Swedish EV battery startup Northvolt in talks to raise 200 million euros in short-term funding

Nickie Louise Posted On October 11, 2024

A year ago, we covered Northvolt after the company secured $1.2 billion in funding from BlackRock and other investors to ramp up its factory operations. Now, the Swedish lithium-ion battery startup, founded by a former Tesla executive, is facing a […]

977 Views

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Climbing The Crest Of Crypto Casinos

Nickie Louise Posted On October 11, 2024

Cryptocurrency has made itself at home in the online casino world, especially in North America and Europe. Online crypto casinos offer players the option of crypto gaming, a new term coined to describe betting with various cryptocurrencies on games, sports, […]

932 Views

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Tesla’s Optimus bot impresses at ‘We, Robot’ event: “Learn to be as human as you guys are”

Nickie Louise Posted On October 11, 2024

After months of anticipation, Tesla finally revealed its Optimus bot at the ‘We, Robot’ event on Thursday, hosted by Warner Bros.The presentation didn’t disappoint the crowd, as Tesla’s humanoid robots took the stage alongside the new Robovan vehicle at the […]

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