In December, Binance ‘temporarily paused’ withdrawals following the outflow of $1.9 billion from the world’s largest crypto exchange. Immediately after the withdrawal, Binance CEO Changpeng Zhao (CZ) took to social media to calm down investors that the outflow was not […]
Good evening! Below are some of the top tech startup news stories for today Tuesday, February 28, 2023. Chinese startup Realme launches its $649 GT3 smartphone it says can be fully charged in just 9.5 minutes Realme, a Chinese smartphone […]
Fresh off its recent rebranding in November, metaverse-focused blockchain startup MultiversX today announced the launch of xPortal, a “super app,” that combines powerful elements of digital finance, artificial intelligence (AI) avatars, and chat functionality into a compact mobile interface to […]
Over the past few years, over 20 million people quit their jobs in what the experts described as the Great Resignation. The number was one of the highest “quit rates” ever recorded since the US government started keeping track two […]
Bitwise Industries, a tech service provider that trains workers in underrepresented communities, has raised $80 million in new funding led by existing investors Kapor Center and Motley Fool, with participation from the Growth Equity business within Goldman Sachs Asset Management […]
Crypto payment startup FLUUS has closed a $600,000 pre-seed round to further develop these products and roll out FLUUS’ services, bringing crypto-fiat payments to a global audience. The round, which comes ahead of its beta launch, was backed by FHS Capital, […]
Non-fungible tokens (NFTs) have surged in popularity in recent years. In just two years, Non-fungible tokens (NFTs) have grown from under $100 million in 2020 to a whopping $40 billion in 2021. Unfortunately, the NFT boom has also attracted a […]
Since the collapse of stablecoin terraUSD last spring, at least eight crypto companies including FTX filed for bankruptcy in 2022. As the crisis roils the crypto industry, global payments companies are now rethinking their partnerships with crypto companies. U.S. payment […]
“The damage done to the credibility of AI by ChatGPT engineers building in political bias is irreparable.” Elon Musk has contacted AI researchers to explore the development of an alternative to ChatGPT, the Information reported on Monday, citing two people […]
Good evening! Below are some of the top tech startup news stories for today Monday, February 27, 2023. Elon Musk recruits team to develop OpenAI’s ChatGPT rival to fight ‘Woke AI’ Elon Musk has approached AI researchers in recent weeks […]
It’s almost two years ago today when we wrote about Skydio after the San Francisco-based AI-powered autonomous drone startup raised $170 million in funding led by Silicon Valley heavyweight Andreessen Horowitz. With drones becoming increasingly popular and automated, Skydio has […]
The real estate market is the largest asset class in the United States with investments reaching $43 trillion. The market is expected to grow over the next two decades. Despite the market size, real estate and PropTech startups still struggle to […]
The sudden popularity of ChatGPT has sparked a new AI revolution as it dominates the headlines with no sign of slowing down. The world’s obsession with the OpenAI chatbot reaches a new level waves garnering over 100 million users in […]
Real or Fake Text? We Can Learn to Spot the Difference The most recent generation of chatbots has surfaced longstanding concerns about the growing sophistication and accessibility of artificial intelligence. Fears about the integrity of the job market — from […]
In June 2021, Chinese smartphone giant Xiaomi overtook Apple and Samsung to become the world’s largest smartphone maker. Xiaomi has since slipped to third place a year later due to a very rough year that saw its smartphone shipments declining 26% year-on-year. […]
Despite the ongoing funding lull, AI and cybersecurity startups continue to raise a massive amount of funding. Investors have been pouring billions of dollars into AI as they look for the next ChatGPT. In addition, the rise in cyberattacks has […]
Elon Musk’s Twitter has laid off another 200 people in its latest round of job cuts, the New York Times reported late on Sunday. The current layoff, which represents 10% of the current workforce, reduced headcount to less than 2,000 vs. […]
We’ve come a long way from the earliest crypto wallets, with their difficult user interface, barebones features, and not-so-great security. In terms of sheer numbers, there are countless wallets ranging from hot and cold, standalone vs. platform integrated, minimalist to […]
Good evening! Below are some of the top tech startup news stories for today Friday, February 24, 2023. Elon Musk’s Twitter sued by at least six companies for failing to pay bills Twitter has been sued by at least six […]
Fintech giant Stripe is very close to raising $4 billion in fresh funding that will push the company’s valuation to about $55 billion, Reuters reported, citing people familiar with the matter. The new valuation will still be about $40 billion […]
