Zopa, a UK-based digital banking startup that started as a peer-to-peer lender, has raised 75 million pounds ($92.40 million) as the company pivots to becoming a digital bank. The round was backed by existing investors excluding major backer Softbank. In […]
Good evening! Below are some of the top tech startup news stories for today, Wednesday, February 1, 2023. Tinder parent company to lay off 8% of its staff as growth slows Match Group announced on Wednesday that it is laying […]
“The damage done to the credibility of AI by ChatGPT engineers building in political bias is irreparable.” ChatGPT is the fastest-growing consumer application in history, that is according to a study conducted by the preeminent Swiss bank UBS. The bank […]
ChatGPT took the internet by storm late last year as the dialogue-based AI chatbot crossed one million users just five days after its launch. Now ChatGPT creator OpenAI announced on Wednesday it is launching ChatGPT Plus, a $20 per month […]
Today, many in the West viewed the rise of China as a threat to the US hegemony and dominance as a global power. Others also see Chinese companies as linked to the Chinese government’s power and its techno-authoritarianism government. For […]
While tech startups in the United States and Europe are still struggling to raise new funding due to the ongoing economic slowdown, fintech startups in the Middle East and North Africa (MENA) region continue to thrive as they empower and […]
AppDirect, a San Francisco-based subscription commerce platform for monetizing and managing digital customer relationships, announced today it has acquired TBI, one of the leading technology service aggregators in North America. The total amount of the deal was not disclosed. Uniting […]
Learn from the best collective experiences and insights from some of the world’s most successful blockchain companies on navigating the evolving web3 space Israel’s most successful web3 businesses have come together to organize the first annual ETHTLV, which will run […]
Climate change is one of the biggest challenges of our times. According to various estimates, losses due to weather-related events have increased nearly ten-fold over the last four decades, from a ten-year global average of $12 billion in 1980 to […]
Michigan-based battery startup Our Next Energy (ONE) has raised $300 million in Series B funding. The latest round now puts the company at a valuation of $1.2 billion, making the three-year-old startup a member of the highly-coveted unicorn club. The […]
Japan’s largest company, Toyota, is making big moves dabbling into Blockchain by sponsoring its first-ever global Web3 Hackathon. The multinational automotive manufacturer has chosen Astar Network, the smart contract platform for multichain, to make Web3 use cases for Toyota’s employees. According […]
Good evening! Below are some of the top tech startup news stories for today, Tuesday, the last day of January 2023. Workday lays off about 525 employees or about 3% of its workforce Cloud provider Workday has laid off 3% […]
OpenAI, the creator of the popular chatbot ChatGTP, has released a free tool that the AI company says is meant to “distinguish between text written by a human and text written by AIs.” However, OpenAI also warned that the tool […]
PayPal announced Tuesday that it will be eliminating 7% of its workforce or 2,000 employees as tech layoffs mount. The payments giant becomes the latest in a list of fintech firms to be hit by the global economic slowdown. PayPal […]
The mass adoption of electric vehicles has accelerated in recent years. Thanks to Tesla, more and more people are now embracing electric cars as the world moves away from internal combustion engine cars to combat global warming. Today, lithium is […]
The slowdown in venture capital investments over the past years has forced some startups to turn to private credit, including debt capital, as a way to keep their operations afloat and weather the recession storm. Today, private credit is a […]
Since the launch of ChatGPT in November of last year, artificial intelligence (AI) startups have seen a has seen a resurgence in funding as investors and VC firms pour billion into the AI space hoping to find the next OpenAI. […]
A lot has been written about quantum computers. But what is getting less attention is its simpler cousin technology—quantum sensing. Unlike quantum computing, quantum Sensing is an advanced sensor technology that uses the smallest amounts of energy and matter to […]
Investments in blockchain and cryptocurrency have slowed down in recent months due to the global economic slowdown. But a recession is also a great time to invest in the next-generation digital technologies and long-term trends including Web3, dApps, payments, asset management, and […]
Steel is the backbone of today’s industrialized world. An average of 1.9 billion tonnes of steel are produced every year to build infrastructure including bridges and rails, skyscrapers, and infrastructure. The steel industry also brings in a revenue of about […]
