Zurich, Switzerland, 15th May 2025, Chainwire
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848 Views
Tallin, Estonia, 15th May 2025, Chainwire
877 Views
FinTech
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AI replaces humans: Klarna replaces 700 employees with AI, slashes workforce by 40%
Klarna isn’t easing into the AI era—it’s sprinting into it with fewer humans on board. Klarna CEO Sebastian Siemiatkowski revealed on Wednesday that the company has cut its workforce by roughly 40%, driven by AI adoption and natural attrition. The […]
2.8K Views
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Voltra emerges from stealth with $1.8M to launch ‘Charge,’ a Stripe-like API for EV chargers and microgrids
Waterloo-based tech startup Voltra has officially launched out of stealth with a $1.8 million pre-seed round led by Contrary, alongside Hanover Capital and Velocity Fund. The company is launching its first product, Charge—a unified API platform built to simplify control […]
3.0K Views
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AI infrastructure startup TensorWave raises $100M to meet soaring demand for AI compute
Las Vegas-based startup TensorWave has secured $100 million in fresh funding as it bets big on the growing demand for AI infrastructure. The new Series A round was led by Magnetar and AMD Ventures. Other investors include existing backers Maverick […]
2.4K Views
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Databricks acquires serverless database startup Neon for $1B to boost AI agent development
Databricks is opening its wallet again. The San Francisco-based data analytics startup announced Wednesday that it’s acquiring Neon, a serverless database startup, in a deal valued at around $1 billion. The move is aimed at making it easier for developers […]
2.9K Views
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All The Steps You Can Take to Make Your Online Betting More Secure
Imagine you’re ready to place a bet online, but first, you need to deposit money. Is the site you’ve picked secure enough? Will it demand more personal details than you’re comfortable giving? These aren’t simple questions; sometimes the trade-offs aren’t […]
3.1K Views
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eToro goes public with $52 IPO, valued at $4.2 billion amid retail and crypto boom
eToro, the retail trading platform known for its stock and crypto services, has finally made its public market debut. The company priced its IPO at $52 per share, slightly above its expected range of $46 to $50, raising about $310 […]
1.3K Views
Willemstad, Curaçao, 14th May 2025, Chainwire
831 Views
Hong Kong, Hong Kong, 14th May 2025, Chainwire
1.2K Views
Cary, North Carolina, 14th May 2025, CyberNewsWire
764 Views
San Francisco, California, 14th May 2025, Chainwire
812 Views
Belize, Belize, 14th May 2025, Chainwire
746 Views
Launch
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Top tech startup funding news for today, May 13, 2025
It’s May 13, 2025, and we’re back with your daily snapshot of the biggest funding moves shaping the global startup scene. From next-gen solid rocket motors to AI finance copilots and EV battery intelligence, today’s funding slate showcases the breadth […]
4.5K Views
London, United Kingdom, 13th May 2025, Chainwire
735 Views
Microsoft has laid off 7,000 employees, impacting roughly 3% of its global workforce across departments, leadership levels, and regions. “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” a company spokesperson […]
1.9K Views
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Madrid-based startup Shakers lands €14M to scale its AI-powered platform for Europe’s tech freelancers
Companies are under growing pressure to stay agile, but hiring top-tier tech talent remains one of their biggest bottlenecks. Traditional outsourcing hasn’t kept up. Long lead times, outdated processes, and rigid contracts make it hard for businesses to experiment, adapt, […]
1.0K Views
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Hinge Health files for $437M IPO, targets $2.4B valuation amid market headwinds
Just last week, we covered how Hinge Health was prepping for a public debut while its digital health rivals stayed on the sidelines. Now the startup is officially making its move. The San Francisco–based company filed an updated prospectus Tuesday, […]
2.2K Views
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AI startup Perplexity surges to $14B valuation amid $500M raise, challenges Google in search war
AI search startup Perplexity is catching serious momentum. The company is closing in on a $500 million funding round that would push its valuation to $14 billion, the Wall Street Journal reported on Monday. That’s a sharp jump from its […]
1.2K Views
