Miami, Florida, 25th October 2024, Chainwire
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China’s driverless car startup WeRide secures $120M in IPO, adds $320.5M through private placement
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
![Bluesky CEO Jay Graber [Photo: courtesy of Bluesky]](https://techstartups.com/wp-content/uploads/2024/10/BlueSky-CEO.jpg)
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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Blockchain Security Galloping into the Future – 5 Innovations in 2025
Blockchain continues to solidify its position in countless industries, primarily due to the built-in security features based on transparency that build trust. In 2025, we can expect extensive innovation in this field particularly surrounding the enhancement of security mechanisms to […]
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Concentric AI raises $45 million in series B funding to autonomously secure business-critical data
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
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
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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Vilnius, Lithuanian, 24th October 2024, Chainwire
688 Views
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Teen commits suicide after intense emotional bond with Character.AI chatbot
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
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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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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Saying that cryptocurrency markets are volatile would be an understatement. This is why we often see them experiencing rapid changes to their prices, causing investors to panic when their assets’ value starts depreciating. However, if investors know what to do […]
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Amazon plans $20 sofa price cap in aggressive move to challenge Temu
Back in July, we reported on Amazon’s plans to take on emerging e-commerce giants like Temu and Shein. Fast forward four months later, and it looks like the retail giant is getting ready to launch a new low-price storefront to […]
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Archy secures $15 million in series A funding to transform dental practices with AI
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
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
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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London, United Kingdom, 22nd October 2024, Chainwire
699 Views
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Interface.ai raises $30M to bring AI-powered customer automation to banks and financial institutions
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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Boeing faces yet another setback as the Intelsat-33e satellite, which it built for Intelsat, broke apart in geostationary orbit, leaving dozens of fragments behind, according to the U.S. Space Force. The satellite’s collapse on October 19 adds to Boeing’s growing […]
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Cary, NC, 22nd October 2024, CyberNewsWire
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