NASA has awarded SpaceX a nearly $1 billion contract for the planned decommission and removal of the International Space Station (ISS) from orbit at the end of its operational life in 2030, a significant vote of confidence for Elon Musk’s […]
Vertus Energy, an Austrian industrial biotech startup specializing in Waste-to-X solutions, has raised €8.75 million in seed funding to boost biogas production and drive the delivery of the European renewable energy objectives. The round was led by Energy Capital Ventures, with […]
Japanese tech giant SoftBank Group Corp’s Vision Fund 2 is set to invest between $10 million and $20 million in U.S.-based search startup Perplexity AI, Bloomberg reported on Thursday. The investment marks Masayoshi Son’s latest strategic move in a sector […]
ICQ, the pioneering instant messaging platform fondly remembered by early internet users as “I Seek You,” has officially ceased operations today, June 26, 2024. The shutdown marks the end of an era that began almost 28 years ago. Launched in […]
The U.S. government has granted up to $75 million in funding to Entegris, an American supplier in chip manufacturing, to support the establishment of a new plant in Colorado. The move is part of the CHIPS Act initiative aimed at […]
In December 2022, Google introduced continuous scrolling for desktop search results. However, the change was not well received. Now, the tech giant has decided to reverse that decision, opting instead to return to the classic page-based search results. According to […]
CData Software, a provider of data connectivity solutions startup, has raised close to $350 million in growth equity financing. The funding round was led by U.S. private equity giant Warburg Pincus, with significant participation from Accel. This capital infusion comes […]
Austin-based tech startup Coder.com has raised $35 million in Series B2 funding round to enhance its cloud-based development platform. This funding round, led by newcomer Georgian, brings Coder’s total Series B funding to $65 million. Existing investors Uncork Capital, Notable […]
EvolutionaryScale, an emerging AI startup at the intersection of biology and life sciences, announced on Tuesday that it has secured an impressive $142 million in seed funding. The funding will be used to develop advanced AI models capable of generating […]
Nvidia has long been the uncontested leader in the AI GPU market, but a new contender has just emerged. Etched, a two-year-old startup founded by Harvard dropouts, is stepping into the ring to challenge the chipmaking giant’s dominance with substantial […]
Real-world assets (RWAs) have the potential to become a borderless and boundless disruptive technological advancement — but they face global barriers to adoption. These barriers arise in the face of international transactions, regulatory navigation, and verification practices. However, Web3 can […]
Less than a week following its acquisition of enterprise data startup Rockset, OpenAI has reportedly added another tech startup to its portfolio: Multi. This news was first reported on Hacker News, with no major news outlets confirming the acquisition, except […]
In a major legal challenge that could have widespread implications across the AI industry, major record labels Sony Music, Universal Music Group (UMG), and Warner Records have filed lawsuits on Monday against generative AI startups Suno and Udio. The lawsuits, […]
Paris-based space startup Skynopy has raised $3.1 million in a swift funding round to bring simple and seamless mobile phone connectivity to low earth orbit (LEO) satellites. Impressively, the funding was secured in just three weeks, just a few months […]
While Apple and OpenAI have just made their partnership official, other tech giants are eagerly vying for a spot on the Apple Intelligence bandwagon — including some of Apple’s fiercest rivals. The latest is Meta. According to an exclusive report […]
In April, we wrote about Synthesia after the Nvidia-backed AI startup unveiled new emotion-reading AI avatars. Dubbed “Expressive Avatars,” Synthesia’s AI Avatars are designed to bridge the gap between the virtual and real worlds by conveying human emotions through text […]
OpenAI has acquired enterprise analytics startup Rockset to leverage data more effectively across its suite of products and “power our retrieval infrastructure across products,” the company said in a blog post on Friday. The announcement comes just a day after […]
Elon Musk, the visionary billionaire behind Tesla and Neuralink, is setting his sights on a new industry: financial services. Now, Musk’s X (formerly Twitter) wants to be your new bank he eyes the expansion of the social network platform into […]
Exaion, a subsidiary of France’s state-owned energy giant EDF (Électricité de France), has partnered with Cronos to become a validator on its blockchain network as part of the effort to boost security. The collaboration will enable Cronos to enhance its […]
Pomerium, a security startup and a provider of access-first security platform, today announced it has secured $13.75 million in a Series A funding round led by Benchmark. Returning investors Bain Capital, Haystack, SNR, and Oleg Rogynskyy, founder of People.AI, also […]