Torrance, United States / California, 8th July 2024, CyberNewsWire
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1.3K Views
PRConnect, a leading provider of digital content marketing services, has announced a strategic partnership with MediaFuse, an innovative vertical newswire service and the publisher of Chainwire, FinanceWire, CyberNewsWire, and GamingWire. This collaboration significantly extends PRConnect’s global distribution network, enabling both […]
1.4K Views
Artificial Intelligence
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Hacking
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Security
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OpenAI Hacked: Hacker stole OpenAI’s internal AI secrets in a data breach, NYT reports
In a major security breach last year, a hacker infiltrated the internal messaging systems at OpenAI, stealing sensitive details about the company’s artificial intelligence technologies, the New York Times reported on Thursday. The breach also exposed internal conversations among researchers […]
2.0K Views
Tokyo, Japan, 5th July 2024, Chainwire
1.6K Views
Singapore, Singapore, 4th July 2024, Chainwire
1.7K Views
Featured
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FinTech
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Startup Spotlight
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Startups
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Technology News
Jeff Bezos to sell $5 billion of Amazon shares after stock hits record high
In a move that may raise eyebrows across the financial markets, Amazon founder and executive chair Jeff Bezos plans to sell almost $5 billion worth of shares in the e-commerce behemoth, according to a recent regulatory filing. This announcement follows […]
2.4K Views
Apps
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Amazon is launching a new discount marketplace to compete with Temu; direct shipping from China
Amazon is gearing up to launch a new shopping section designed to directly compete with emerging e-commerce giants Temu and Shein, according to a report from The Information. This new section, or possibly an app, will offer a range of […]
3.7K Views
Artificial Intelligence
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Emerging Technology
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AI coding startup Magic seeks to raise $200 million at a $1.5 billion valuation
Magic, a generative AI startup developing artificial intelligence models to write software, is in advanced discussions to raise over $200 million in a new funding round, which would value the company at $1.5 billion, according to an exclusive report from […]
2.4K Views
Bengaluru, India, 3rd July 2024, Chainwire
1.8K Views
Frankfurt, Germany, 2nd July 2024, Chainwire
1.4K Views
Apps
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Industry Ventures secures $900 million hybrid fund to invest in early-stage tech startups
Industry Ventures, a pioneer investment firm specializing in private technology companies, has closed a $900 million fund for its latest fund, Industry Ventures Partnership Holdings VII (Fund VII). This news comes as a boon for non-generative AI startups that are […]
3.0K Views
Champaign, Illinois, United States, 2nd July 2024, Chainwire
1.5K Views
Bitcoin
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Cryptocurrency
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NFT
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Startups
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Why Institutions Are Buying Bitcoin
The rise of Bitcoin is monumental as it grew from its early days to a decentralized payment system that surprised the world with its huge market capitalization. Bitcoin was made in its decentralized nature to give power to the people. […]
3.0K Views
Brussels, Belgium, 2nd July 2024, Chainwire
1.5K Views
Featured
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FinTech
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UK fintech startup Revolut seeks $40 billion valuation following a $553.81 million profit
British digital banking startup Revolut announced on Tuesday a record pretax profit of £438 million ($553.81 million) for 2023, driven by robust user growth and a significant rise in interest-related income. This marks a significant milestone as the company aims […]
1.9K Views
Roadtown, British Virgin Islands, 2nd July 2024, Chainwire
981 Views
Hanoi, Vietnam, 2nd July 2024, Chainwire
841 Views
Electric Car
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Electric Vehicles
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Startup Spotlight
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Startups
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Electric car maker Fisker files for bankruptcy, leaving thousands of EV owners with uncertain future
Electric vehicle startup Fisker filed for Chapter 11 bankruptcy protection in June 2024. The news ends months of speculation over the future of the company and marks a critical point in the company’s tumultuous journey. Fisker is now focused on […]
1.6K Views
Miami, United States, 1st July 2024, CyberNewsWire
1.5K Views
Acquisition
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Artificial Intelligence
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Emerging Technology
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Featured
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Startup Spotlight
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Startups
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Tech Startups
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Technology News
Amazon hires founders of AI startup Adept to lead its push into AI-powered work automation
Amazon has hired the co-founders of AI agent startup Adept in a move to bolster its artificial intelligence capabilities and enhance its AI-powered work automation efforts. Adept co-founder and CEO David Luan will join Amazon, along with Adept co-founders Augustus […]
2.5K Views