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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 […]

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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 […]

494 Views

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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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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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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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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 […]

984 Views

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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 […]

614 Views

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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 […]

737 Views

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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 […]

494 Views

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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 […]

801 Views

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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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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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Celsius founder Alex Mashinsky pleads guilty to multi-billion-dollar fraud, faces up to 30 years in prison

Nickie Louise Posted On December 4, 2024

In July 2023, Alex Mashinsky, the founder and former CEO of the bankrupt crypto lending platform Celsius Network, was arrested on fraud charges after an investigation into the fall of the seven-year-old crypto startup. Now, just over a year later, […]

536 Views

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Data brokers selling political and pregnancy information settle with FTC over privacy violations

Nickie Louise Posted On December 4, 2024

Two data brokers, Mobilewalla and Gravy Analytics, have reached a settlement with the Federal Trade Commission (FTC) after being accused of selling personal information that tracked individuals’ religious beliefs, political affiliations, and pregnancy status. These companies agreed to stop using […]

498 Views

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Cloud data startup Veeam reaches $15 billion valuation in $2 billion secondary sale ahead of IPO

Nickie Louise Posted On December 4, 2024

Veeam Software, a cloud data startup that provides secure data backups on remote servers, has secured a $2 billion investment from a group of top-tier investors through a secondary offering. The funding, announced Tuesday, values the Swiss-based company at $15 […]

772 Views

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Spotify Wrapped 2024 is here: How AI-driven insights highlight the year’s top artists and songs

Nickie Louise Posted On December 4, 2024

Spotify’s much-anticipated Wrapped 2024 has officially dropped, giving millions of users a chance to relive their listening habits over the past year. The annual feature offers a personalized breakdown of top songs, artists, and genres while letting users compare their […]

565 Views

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Why vertical AI agents could be 10X bigger than SaaS: Insights from Y Combinator

Nickie Louise Posted On December 3, 2024

Since its introduction in the early 2000s, SaaS (Software as a Service) has redefined how businesses access and use software. It replaced cumbersome, on-premise installations with scalable, cloud-based solutions, unlocking a $300 billion market and giving rise to over 300 […]

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London-based tech startup Stackfix raises $3 million to change the way businesses buy software

Nickie Louise Posted On December 3, 2024

Every year, businesses spend $1 trillion on software, but navigating the maze of options and outdated reviews often leads to poor purchasing decisions. Platforms like G2.com and Capterra rely heavily on user-generated reviews, which are frequently biased, incomplete, or outdated, […]

629 Views

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Software startup ServiceTitan targets $5.16 billion valuation in US IPO

Nickie Louise Posted On December 3, 2024

Late last month, we reported on ServiceTitan after the software startup filed paperwork for an initial public offering (IPO) in the U.S. Just two weeks later, ServiceTitan is reportedly targeting a valuation of up to $5.16 billion in its IPO. […]

910 Views

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HyperRing Unveils 2nd Gen Smart Payment Ring, Revolutionizing Contactless Payments with Global Reach

Nickie Louise Posted On December 3, 2024

Imagine making payments with a simple tap of your finger—no wallet, phone, or hassle. HyperRing is turning that vision into reality with the launch of its second-generation HyperRing.This wearable device, the first of its kind available in the U.S., brings […]

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