Nickie Louise - Tech Startups

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SoftwareOne abandons sale to Bain Capital as founding shareholders end agreement

Nickie Louise Posted On March 4, 2024

In a surprising turn of events, the founding shareholders of SoftwareOne announced the termination of their agreement with U.S. investor Bain Capital for the acquisition of the Swiss IT services company. Daniel von Stockar, B. Curti Holding AG, and René […]

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20 Best Online Startup Communities for Founders

Nickie Louise Posted On March 1, 2024

As any seasoned entrepreneur knows all too well, the path to building a startup is often a lonely one. Entrepreneurs frequently grapple with feelings of isolation and burnout as they navigate the ups and downs of building a startup. That’s […]

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Elon Musk sues OpenAI and Sam Altman for “breach of contract” and abandonment of original mission

Nickie Louise Posted On March 1, 2024

In a dramatic escalation of tensions, Elon Musk has launched a lawsuit against OpenAI, the organization he helped found, alleging a departure from its original altruistic mission. Musk’s legal action, filed late Thursday, targets not only OpenAI but also its […]

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No More Texting? Yolk.fm raises $1.25M for text-free social app to make messaging fun and engaging

Nickie Louise Posted On February 29, 2024

Ever since Friedhelm Hillebrand invented short message service (SMS) four decades ago, text messages have become essential parts of our everyday lives, with people habitually checking their mobile phones frequently and almost immediately. Globally, about 23 billion text messages are […]

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AI replaces 700 customer service reps at fintech startup Klarna

Nickie Louise Posted On February 29, 2024

In a clear sign of things to come with the rise of AI, Klarna, Europe’s most valuable fintech startup, just released a post highlighting the success of its OpenAI-powered customer service chatbot. According to Klarna, the chatbot managed an impressive […]

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Duolingo jumps on online learning boom and AI push, set to add $1.68 billion to its market value

Nickie Louise Posted On February 29, 2024

Duolingo, fueled by the AI boom started by ChatGPT, is poised for a remarkable resurgence following the disclosure of a data breach compromising the private information of over 2.6 million users last August. In a premarket surge on Thursday, Duolingo’s […]

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Io.net launches its rewards program ahead of April token launch, boosting GPU power supply on Solana Blockchain

Nickie Louise Posted On February 28, 2024

Io.net, the world’s largest GPU decentralized physical infrastructure network (DePIN), has just unveiled its rewards program named “Ignition” ahead of its highly anticipated token launch in April. The Ignition rewards program, kicking off on March 1 and concluding on April […]

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OpenAI accuses New York Times of ‘hacking’ AI models in a counterclaim lawsuit over copyright infringement

Nickie Louise Posted On February 28, 2024

OpenAI has requested a dismissal of the New York Times (NYT’s) copyright lawsuit filed in December, alleging manipulation of AI its systems through “hacking” to fabricate misleading evidence against the company. In a legal maneuver that adds another twist to […]

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Disney and Reliance merge in $8.5 billion deal, forming new India media powerhouse

Nickie Louise Posted On February 28, 2024

In a strategic move set to reshape India’s entertainment landscape, Reliance Industries, India’s leading conglomerate, and Walt Disney, the global entertainment giant, have announced the merger of their Indian TV and streaming media assets. The collaboration, unveiled on Wednesday, creates […]

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Thrasio, an e-commerce startup that buys Amazon businesses, files for bankruptcy after raising $3.4 billion in funding

Nickie Louise Posted On February 28, 2024

Thrasio, the Medfield, Massachusetts-based tech startup renowned for its Amazon business acquisitions, has filed for bankruptcy protection under Chapter 11 in a New Jersey court. The move, as reported by CNBC, comes as a significant twist in the journey of […]

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Apple abandons its electric car ambitions after a decade, doubles down on AI

Nickie Louise Posted On February 28, 2024

Apple has pulled the plug on its long-anticipated electric car venture, internally dubbed “Project Titan,” marking the end of nearly a decade of development, reports Reuters, citing a source in the know. While the exact reasons for this cancellation remain […]

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Bitcoin soars above $60,000, reaching new high since November 2021

Nickie Louise Posted On February 28, 2024

Bitcoin, the world’s largest cryptocurrency, made a dramatic comeback this week, soaring for a fifth consecutive day shooting above the $60,000 mark. This surge represents its most significant monthly rally since late 2021. The impressive rise in February, nearly 40%, […]

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Validation Cloud raises $5.8M in funding to prepare Web3 for global enterprise adoption

Nickie Louise Posted On February 27, 2024

Web3 infrastructure startup Validation Cloud has secured its first external funding round totaling $5.8 million. The oversubscribed round was led by Cadenza Ventures, a San Francisco-based investment firm. Other global backers include Blockchain Founders Fund, Bloccelerate, Blockwall, Side Door Ventures, […]

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French AI startup Mistral AI releases new large language model and companion chatbot to rival GPT-4 and Claude 2

Nickie Louise Posted On February 27, 2024

French AI startup Mistral AI has released a new language model called Mistral Large aimed at directly challenging prominent models such as GPT-4 and Claude 2. Mistral Large is specifically designed to compete in various areas including text generation, translation, […]

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Enkrypt AI secures $2.35M in funding to build visibility and security infrastructure for Generative AI

Nickie Louise Posted On February 27, 2024

In just a span of two years, artificial intelligence (AI) has evolved from a mere futuristic idea embraced by select tech companies to a game-changing force set to reshape our world in years to come. The surge in popularity of […]

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Google to relaunch its controversial image tool ‘Gemini’ in a few weeks after ‘woke’ AI disaster

Nickie Louise Posted On February 27, 2024

In a move to address mounting criticism, Google is gearing up for the relaunch of its AI image generation tool, Gemini, which faced backlash for inaccuracies in historical depictions. The tech giant temporarily halted the tool after users reported issues, […]

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KKR buys Broadcom’s remote access unit in $4 billion deal

Nickie Louise Posted On February 26, 2024

In a strategic move to streamline its portfolio after the monumental $69 billion acquisition of VMware last year, chipmaker Broadcom has agreed to sell its end-user computing (EUC) unit to private equity firm KKR in a deal valued at $4 […]

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OpenAI is launching “Feather,” a new AI platform shrouded in secrecy

Nickie Louise Posted On February 26, 2024

OpenAI once again is sparking curiosity with a mysterious new AI tool called “Feather.” Speculation has been rife lately as the online community stumbled upon an OpenAI landing page titled ‘Feather,’ accompanied by a patent filing detailing its role in […]

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io.net partners with Ritual Network to boost the AI computing landscape

Nickie Louise Posted On February 26, 2024

io.net partners with the AI network, Ritual. The strategic collaboration aims to disrupt the AI-compute sector. Decentralized GPU network, io.net announces a strategic partnership with Ritual, an artificial intelligence (AI) network that simplifies the integration of AI models in applications, […]

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First private moon lander Odysseus makes historic touchdown on the lunar surface after 52 years

Nickie Louise Posted On February 26, 2024

Odysseus successfully landed on the Moon, making it the first private lunar lander to land on the lunar surface. In a monumental achievement, the privately developed spacecraft Odysseus achieved a historic lunar touchdown on February 22, 2024. Developed by Houston-based […]

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