Cary, North Carolina, 30th August 2024, CyberNewsWire
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Crypto.com expands worldwide with the launch of global retail services backed by Standard Chartered
Crypto.com is expanding its reach, making cryptocurrency purchases more accessible across a wider array of countries. The company has unveiled its global retail services, now offering seamless deposit and withdrawal options for millions of Crypto.com App users in over 90 […]
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Transportation
Uber invests in SoftBank-backed self-driving tech startup Wayve
Earlier this year, Wayve drew major attention when the British self-driving tech startup raised $1.05 billion in Series C funding. The investment was set to boost the development of autonomous mobility and the rollout of production-ready vehicles featuring its Embodied […]
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FLock partners with Io.net to launch “Proof of AI” to secure and verify decentralized networks
One of the biggest challenges we face online is verifying the authenticity and quality of the content we consume, whether it’s news, videos, images, or social media posts. With so much information out there, it’s challenging to separate fact from […]
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OpenAI eyes $100 billion+ valuation in new funding round
OpenAI is reportedly in talks to raise funds at a valuation of more than $100 billion, significantly higher than its previous $86 billion valuation, the Wall Street Journal said on Wednesday. Investors include venture capital firm Thrive Capital and Microsoft, […]
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OpenAI and Anthropic partner with the US government to share their models for AI research
AI startups OpenAI and Anthropic have signed agreements with the U.S. government to advance research, testing, and evaluation of their artificial intelligence models, the U.S. Artificial Intelligence Safety Institute said on Thursday. These landmark agreements come at a time when […]
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B2B tech startup Pylon raises $17M in Series A funding led by Andreessen Horowitz
Pylon, a B2B customer service platform, has raised $17 million in Series A funding to bring together all customer communication tools used by teams into a single platform. This latest round, which brings the company’s total funding to just over $20 […]
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This MIT spinoff startup reaches unicorn status with $225M funding for water recycling to combat drought
In 2022, droughts impacted over 100 million people, and according to the United Nations Convention to Combat Desertification (UNCCD), nearly 1.84 billion people were living under drought conditions in 2022 and 2023. This amounts to almost a quarter of the […]
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Web3
Lemniscap raises $70 million in funding to invest in early-stage Web3 startups
Investment firm Lemniscap has raised $70 million in funding to support early-stage Web3 projects and pioneering startup founders in the space. The firm is honing in on areas such as zero-knowledge infrastructure, consumer applications, and decentralized physical infrastructure (DePIN). Leading the funding round […]
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Apple cuts 100 jobs in digital services as tech layoffs reach 134,000 in 2024
Apple has cut around 100 jobs in its digital services group, primarily impacting the team behind its Apple Books app and Bookstore, according to Bloomberg News. The layoffs, which include some engineering positions, also affect other service teams, including the […]
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Grand Cayman, Cayman Islands, 28th August 2024, Chainwire
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Echelon raises $3.5 million in seed funding to advance DeFi lending on Move-based blockchains
Echelon, a decentralized lending protocol, has raised $3.5 million in seed funding to advance DeFi lending on Move-based blockchains. The funding round was led by Amber Group, with participation from Laser Digital, Saison Capital, Selini Capital, Interop Ventures, and Re7. […]
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Enterprise data startup Cribl raises $319 million in Series E funding at $3.5 billion valuation
Data infrastructure startup Cribl has secured $319 million in growth funding to growth funding to transform the enterprise data market. The funding is a significant amount in today’s challenging fundraising environment, especially for a company not solely focused on AI. […]
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HR startup Tilt raises $15 million in Series B funding to expand technology footprint
HR startup Tilt has secured $15 million in Series B funding to further develop its platform that streamlines the leave process for companies and their employees. The funding round was led by Bramalea Partners, with participation from HearstLab, Firework Ventures, Origin […]
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Zuckerberg admits FBI disinformation warning, now proven to be false, led to Meta content censorship
“I believe the government pressure was wrong, and I regret we were not more outspoken about it. I also think we made some choices that, with the benefit of hindsight and new information, we wouldn’t make today,” Mark Zuckerberg. Mark […]
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ConvertKit rebrands to Kit to ‘build the operating system for the creator economy’
ConvertKit, the creator marketing platform launched 11 years ago by Nathan Barry, has officially rebranded to Kit. Today, ConvertKit announced it is rebranding to Kit to equip and empower creators with the sustainable growth tools they need to thrive in […]
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Meta taps clean energy startup Sage Geosystems to power its data centers with geothermal energy
Facebook’s parent company Meta Platforms has struck a deal to purchase up to 150 MW of geothermal energy from clean energy startup Sage Geosystems for its data centers. The move is part of Meta’s effort to enhance infrastructure to support […]
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Boeing ‘humiliated’ as upstart rival SpaceX steps in to rescue stranded NASA astronauts stuck in space
NASA’s decision to bring back two astronauts from the International Space Station aboard a SpaceX vehicle has left Boeing employees feeling humiliated. The astronauts, who initially traveled to the ISS in June on Boeing’s troubled Starliner capsule, will now return […]
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Crypto casinos are now a thing among crypto lovers and avid players alike and are making their mark on the online gambling niche, although they aren’t mainstream yet. According to a report by CasinoRix researchers, the crypto gambling market now […]
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Defense startup Ares Industries emerges from stealth with funding led by Y Combinator
Ares Industries, a defense startup founded by a Navy combat veteran, has secured new funding led by Y Combinator to develop a new class of anti-ship cruise missiles designed to integrate seamlessly with existing launch systems. This marks the first […]
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