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Alphabet’s self-driving car startup Waymo secures $5.6 billion funding as robotaxi race heats up

Nickie Louise Posted On October 25, 2024

Alphabet’s autonomous vehicle unit Waymo has just closed a $5.6 billion funding round, marking its biggest capital raise to date. The Series C round was led by Google’s parent company, Alphabet, with participation from major backers like Andreessen Horowitz, Perry […]

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China’s driverless car startup WeRide secures $120M in IPO, adds $320.5M through private placement

Nickie Louise Posted On October 25, 2024

China’s self-driving startup WeRide has raised $440.5 million through its U.S. IPO and a private placement on Friday, marking a promising sign as more Chinese companies head to U.S. markets. The IPO reflects positive investor interest and a shift toward […]

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Bluesky closes $15 million Series A funding as user base surpasses 13 million, plans to roll out subscriptions

Nickie Louise Posted On October 24, 2024

Bluesky CEO Jay Graber [Photo: courtesy of Bluesky]

Decentralized social media startup Bluesky has raised $15 million in a Series A round led by Blockchain Capital, with participation from Alumni Ventures, True Ventures, SevenX, Amir Shevat of Darkmode, Kubernetes co-creator Joe Beda, and others. This funding follows Bluesky’s […]

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Concentric AI raises $45 million in series B funding to autonomously secure business-critical data

Nickie Louise Posted On October 24, 2024

In May 2022, we reported on Concentric AI after the San Jose, California-based startup raised $14.5 million in Series A funding to tackle one of the biggest data security challenges facing enterprises today. A lot has changed since then. In […]

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Former OpenAI researcher says company violated copyright law and destroyed the internet

Nickie Louise Posted On October 24, 2024

In November 2023, Sam Altman was fired as the CEO of OpenAI after the board lost confidence in his leadership. Just days later, reports emerged suggesting the decision was tied to concerns about a potential AI breakthrough that some OpenAI […]

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Tesla to launch paid robotaxis service next year

Nickie Louise Posted On October 24, 2024

At Tesla’s robotaxi event on October 10, Elon Musk introduced the “Cybercab,” a two-seater vehicle without a steering wheel or pedals, fully controlled by cameras and artificial intelligence. Just two weeks later, Musk revealed that Tesla is planning to start […]

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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, […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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