Nickie Louise - Tech Startups

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The Future of Calls? Nokia CEO Makes World’s First ‘Immersive’ Phone Call

Nickie Louise Posted On June 10, 2024

In a landmark achievement, Nokia CEO Pekka Lundmark made the world’s first “immersive audio and video” phone call using a new technology called “immersive audio and video,” the company said in a statement. In an announcement on Monday, Nokia said […]

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Bitcoin miner Core Scientific rejects $1 Billion buyout offer from CoreWeave, 5 months after emerging from Bankruptcy

Nickie Louise Posted On June 7, 2024

In a dramatic turn of events, Bitcoin miner Core Scientific has rejected an “unsolicited” $1 billion buyout offer from Nvidia-backed specialized cloud provider CoreWeave. The all-cash offer came in just five months after the company emerged from Chapter 11 bankruptcy. […]

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Ionic Materials, a tech startup set to revolutionize lithium batteries for EVs, shuts down operations

Nickie Louise Posted On June 6, 2024

Ionic Materials, a solid-state EV battery hopeful, has shut down. According to a report from The Information, the Massachusetts-based Ionic Materials has ceased operations. The company has also let go of nearly its entire workforce, marking a significant setback in […]

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Amazon’s self-driving startup Zoox to begin testing its robotaxi service in Austin and Miami

Nickie Louise Posted On June 6, 2024

Zoox, a self-driving tech startup Amazon acquired in 2020 for $1.2 billion, is preparing to test its autonomous vehicles on the streets of Austin, Texas, and Miami, even as U.S. regulators probe incidents. The announcement coincides with an ongoing investigation […]

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Nvidia hits $3.01 trillion market cap, surpasses Apple to become the second most valuable company in the world

Nickie Louise Posted On June 6, 2024

Nvidia has become the world’s second most valuable company. The chipmaking giant’s market capitalization reached a staggering $3.01 trillion on Wednesday afternoon, surpassing Apple’s $3 trillion mark and making it the first chip firm to hit $3 trillion in market […]

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Boeing found guilty of stealing technology from electric airplane startup Zunum; fined $81 million

Nickie Louise Posted On June 5, 2024

In a legal blow to aerospace giant Boeing, a federal court jury in Seattle ruled in favor of electric airplane startup Zunum Aero after Boeing was found guilty of stealing Zunum technology. The jury also awarded the fledgling startup $81 […]

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Qualcomm-backed AI startup Kneron launches next generation AI chips to challenge Nvidia and AMD

Nickie Louise Posted On June 5, 2024

Artificial intelligence chip startup Kneron on Wednesday unveiled its next-generation products, targeting the growing demand for AI from businesses and presenting a robust alternative to industry giants like Nvidia and AMD. The Taiwan-based startup, backed by industry heavyweights Qualcomm and […]

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SAP acquires digital adoption startup WalkMe for $1.5 billion

Nickie Louise Posted On June 5, 2024

German software giant SAP announced on Wednesday it has agreed to acquire digital adoption startup WalkMe for a cash transaction valued at $1.5 billion. This offer represents a significant 45% premium over WalkMe’s closing share price from the previous night. […]

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Fhenix, a privacy-focused Ethereum Layer 2 startup, raises $15M Series A round for confidential blockchain

Nickie Louise Posted On June 4, 2024

Fhenix, an Israeli tech startup building a confidential blockchain platform, has scored big with a $15 million Seriea A round led by Hack VC. Other backers include Dao5, Amber Group, Primitive Ventures, GSR, Collider Ventures, and Stake Capital. This latest […]

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Irish tech startup Overcast HQ raises $1.2M in funding to tackle video content overload for brands and broadcasters

Nickie Louise Posted On June 4, 2024

Terabytes of footage are churned out daily, creating a management nightmare and causing broadcasters and brands to drown in a sea of video content. Now, one startup is throwing them a life preserver powered by artificial intelligence (AI) to address […]

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Microsoft cuts hundreds of jobs at Azure Cloud as tech layoffs continue

Nickie Louise Posted On June 4, 2024

Microsoft is reported cutting hundreds of jobs in its Azure cloud unit, Business Insider reported Monday, adding to a series of job cuts witnessed across the technology and media sectors this year. According to sources familiar with the matter who […]

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Polkadot Blockchain Academy Launches Fifth Cohort in Singapore to Train New Generation of Blockchain Developers

Nickie Louise Posted On June 4, 2024

In March, the Polkadot Blockchain Academy (PBA) captivated Singapore with its comprehensive, multi-week hybrid blockchain training program. Now, just two months later, PBA is returning to Singapore with the launch of its highly anticipated fifth cohort, beginning on May 20, […]

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UK digital bank startup Monzo turns profitable for the first time after 9 years of operation

Nickie Louise Posted On June 3, 2024

British digital bank startup Monzo posted its first-ever annual profit after nine years in business. In an announcement on Monday, Monzo revealed that its pre-tax profits for the fiscal year 2023-2024 totaled £15.4 million ($19.6 million), a significant turnaround from […]

875 Views

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Microsoft to invest $3.2 billion in Swedish AI and cloud to bolster its European footprint

Nickie Louise Posted On June 3, 2024

As part of the effort to bolster its presence in Europe, Microsoft announced on Monday that it is investing 33.7 billion Swedish crowns ($3.2 billion) to enhance its cloud and artificial intelligence infrastructure in Sweden over the next two years. […]

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Swedish climate fintech startup Doconomy raises $36.9M in Series B funding co-led by UBS and CommerzVentures

Nickie Louise Posted On May 31, 2024

Doconomy, a Swedish climate-focused fintech startup, has raised €34 million ($36.9 million) in funding from leading European banks, including UBS and CommerzVentures, the venture arm of Commerzbank. The Series B financing round was co-led by UBS Next and CommerzVentures, with […]

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AI cloud provider startup CoreWeave gears up for 2025 IPO amidst surging GPU demands

Nickie Louise Posted On May 31, 2024

The AI boom that began with the launch of ChatGPT in November 2022 has led to surging demand for the graphics processing units (GPUs) essential for powering AI data centers. One notable beneficiary of this surge is CoreWeave, an Nvidia-backed […]

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AI startup EthonAI raises $16M in funding led by Index Ventures to boost factory efficiency with AI

Nickie Louise Posted On May 30, 2024

Since the meteoric rise of ChatGPT two years ago, AI startups have largely focused on leveraging AI chatbots to boost office productivity and improve efficiency. However, one AI startup has its sights on revitalizing the struggling manufacturing sector. Enter EthonAI, […]

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Google, AR startup Magic Leap partners to build immersive experiences that merge physical and digital worlds

Nickie Louise Posted On May 30, 2024

Alphabet’s Google and augmented reality startup Magic Leap are joining forces in a strategic technology partnership to develop immersive experiences that seamlessly blend the physical and digital worlds. According to an exclusive report from Reuters, this collaboration aims to leverage […]

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Blockchain / Startup Spotlight / Tech Startup News / Tech Startups / Technology News / Web3

Addressable Outperforms Twitter (X) for Web3 Reach, Polkadot Case Study Shows

Nickie Louise Posted On May 29, 2024

Ever wondered how you can better reach Web3 users on X (formerly Twitter)? The secret to game-changing Web3 marketing has just been released by Polkadot, one of the largest blockchains, which recently reduced the costs of advertising on X by […]

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Google launches Fitbit Ace LTE, a new connected smartwatch that lets kids call, chat, and play

Nickie Louise Posted On May 29, 2024

As Google grapples with backlash from the hasty rollout of its AI Overview, the tech behemoth is forging ahead with notable advancements in the wearable tech sector. On Wednesday, Google debuted the Fitbit Ace LTE, a pioneering connected smartwatch designed […]

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