Former Amazon CEO and Blue Origin founder Jeff Bezos on Monday offered to cover up to $2 billion of NASA costs in exchange for a contract to build a lunar lander to land astronauts on the moon. The announcement comes just […]
Softbank is again opening its wallet to promising tech startups after the Japanese giant reported a blockbuster profit of $36.99 billion in the last quarter. In the last two months alone, Softbank has invested at least $100 million in ten technology […]
Last month, language learning app and the world’s most popular language-learning platform Duolingo announced its plan to go public. Duolingo started out in 2009 as a free app to help people of all backgrounds learn new languages. In an IPO prospectus filing with the […]
Google’s parent company Alphabet is making a new bet in robotics with the launch of Intrinsic, a new robotics company that is developing software tools to make industrial robots easier to use, cheaper, and more flexible. Intrinsic comes out of X, Alphabet’s “moonshots” […]
Late last year, we wrote about Clearview, a controversial facial recognition tech startup that uses AI to automatically scrape and collect publicly billions of photos of faces across social media and other websites to build out its biometric database. Clearview later sells access […]
In the early days of the coronavirus, we were told that vaccines will prevent us from getting the virus. Then as millions of people received the vaccines, the narrative changed to “vaccines will stop people from getting sick, but they […]
Paystone, an Ontario, Canada-based fintech startup that provides software and payment processing for businesses, announced Friday it has closed a $30 million investment from Crédit Mutuel Equity to accelerate growth and further expand its electronic payments and customer engagement technology platform. The new investment […]
Outbrain’s highly-anticipated public offering is finally here. The New York-based digital ad platform tech startup makes its Wall Street debut today opening at its initial public offering (IPO) price of $20 per share. At the close of the market yesterday, Outbrain […]
Last month, data from Public Health England showed that more vaccinated people actually died of the Delta variant in the UK than the unvaccinated. The death rate is 8.45 times higher for the vaccinated than the unvaccinated. Now, a new study […]
Zomato is an Indian restaurant aggregator and food ordering and delivery platform that enables users to order meals from restaurants and have them delivered. Zomato filed to go public back in April. Yesterday, Zomato made history to become the first Indian unicorn to go public. […]
Advancement in artificial intelligence has led to the development of a new generation of specialized silicon chips that incorporate AI technology and are used for machine learning. Unlike the traditional chips, AI chips (also called AI hardware or AI accelerator) are specially […]
One of the great things about technology is inclusivity and diversity and the ability to unite us together regardless of our religious and ideological differences. Last month, we wrote about Watergen, an Israeli tech startup that makes safe drinking water […]
Uber Technologies Inc announced Thursday that its trucking unit is buying transportation logistics company Transplace for about $2.25 billion from private equity firm TPG Capital. The acquisition includes up to $750 million in Uber common stock and the remainder in cash, […]
Just less than a month after Visa buys Swedish fintech startup Tink for $2.1 billion, the payment giant makes another big bet on fintech, buying UK payments startup Currencycloud. Visa announced Thursday that it has agreed to buy British payments startup […]
Microsoft announced Wednesday that it’s acquiring CloudKnox, a California-based cloud security tech startup to protect enterprises’ critical cloud infrastructure from accidents and malicious insiders. The terms of the deal were not disclosed. The acquisition is part of Microsoft’s effort to shore up its security […]
Tesla CEO Elon Musk said Tuesday that the company to open its network of superchargers to other electric vehicles later this year. Known as the Tesla Supercharger, it is a network of DC fast-charging stations for its electric vehicles. First introduced on […]
Back in May, we wrote about crypto mining startup Core Scientific after its CEO suddenly resigned from the company. Kevin Turner resigned from his role as the CEO after nearly three years running the Bellevue, Washington-based blockchain and artificial intelligence startup. […]
For many decades, the chemicals used in air conditioning, freezers, and refrigeration have been known to hurt the environment by destroying the ozone layer and polluting water sources. Now one startup wants to upend a century of antiquated compressor technology […]
Imagine if you could download more than 50,000 movies in just a second. Unfortunately, millions of people here in the U.S. are still paying hundreds of dollars per month only to get one of the slowest internet connections in the […]
Last month, we wrote about Japan’s SCMaglev (superconducting maglev), the world’s fastest train with a speed as high as 600 km per hour. The train was developed by Central Japan Railway Company (JR Central) and the Railway Technical Research Institute. Now, we have […]
