Nickie Louise

Artificial Intelligence / Emerging Technology / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Uncharted Labs, an AI startup founded by three Google Deepmind researchers, raises $8.5 million in funding

Nickie Louise Posted On January 31, 2024

As OpenAI and Google continue to advance in developing artificial intelligence for conversational chatbots like ChatGPT, a new wave of startups is emerging to take the lead in the burgeoning realm of AI agents. In this space, these agents employ […]

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FinTech / Software / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Harness Backtesting for Optimal Risk Management in Forex

Nickie Louise Posted On January 31, 2024

The concept of risk management in the forex trading market is broad. Over the years, we’ve seen experts in the field introduce several ways it can be achieved, like using stop loss, leverage, and maximizing demo accounts. However, it surely […]

395 Views

Layoff / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

PayPal lays off 2,500 employees, or about 9% of its global workforce

Nickie Louise Posted On January 31, 2024

PayPal is laying off 2,500 employees, or about 7% of its workforce, amidst a surge in tech layoffs. The move by the payments giant reflects the broader impact of the global economic slowdown on fintech companies. The news comes exactly […]

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Artificial Intelligence / Emerging Technology / Launch / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Volkswagen launches new AI lab to accelerate product Innovation, in talks with potential partners for AI-powered prototypes

Nickie Louise Posted On January 31, 2024

Volkswagen announced on Wednesday that it’s in talks with various global tech firms to team up and innovate on new digital products and features using artificial intelligence (AI). To generate innovative product ideas and develop early-stage digital prototypes using artificial […]

373 Views

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UPS to lay off 12,000 employees as it turns to AI for efficiency

Nickie Louise Posted On January 30, 2024

Parcel delivery giant UPS announced on Tuesday that it plans to cut 12,000 jobs, representing approximately 2.5% of its global workforce. The company said the layoff is due to economic challenges and labor disputes that drove away some customers. UPS […]

657 Views

Acquisition / E-Commerce / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Food delivery startup Delivery Hero sells stake in rival Deliveroo, but pays the price in market value

Nickie Louise Posted On January 30, 2024

German food delivery giant Delivery Hero on Monday ditched rival Deliveroo but now paying the price in market value. Shares of Delivery Hero took a nosedive to an all-time low on Tuesday following its decision to offload its minority stake […]

682 Views

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Green Exit: Buyout giant KKR, Taeyoung to sell South Korea’s JV Ecorbit in over $2 billion deal

Nickie Louise Posted On January 30, 2024

KKR & Co, a global buyout firm, and South Korea’s Taeyoung Group are planning to sell their joint venture Ecorbit in a deal that may value the environmental company at over $2 billion, Reuters reported, citing two individuals familiar with […]

772 Views

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First Human Receives Brain Implant From Neuralink, Elon Musk Says

Nickie Louise Posted On January 29, 2024

Elon Musk’s brain-chip startup Neuralink just achieved a groundbreaking milestone by becoming the first company to successfully implant its device into a human brain. Musk shared the news on X, formerly known as Twitter, saying that the first human patient […]

438 Views

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Scotland-based tech startup Carcinotech raises £4.2M to advance cancer treatment with 3D-printed tumors

Nickie Louise Posted On January 29, 2024

Carcinotech, an Edinburgh-based startup Carcinotech specializing in 3D printed micro-tumors, has secured £4.2 million in funding to expand operations, intensify research and development efforts, and facilitate the company’s entry into the US market later this year. The round was led […]

708 Views

Acquisition / Featured / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Amazon walks away from $1.7 billion deal to buy Roomba maker iRobot

Nickie Louise Posted On January 29, 2024

Amazon and Roomba-maker iRobot have called off their $1.4 billion deal due to uncertainties surrounding regulatory approval, the two companies announced on Monday. Amazon withdrew from the agreement after iRobot said that the deal has “no path to regulatory approval […]

408 Views

Featured / FinTech / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Fintech startup Brex is hemorrhaging $17 million a month, sparking concerns about future growth

Nickie Louise Posted On January 29, 2024

Brex, a fintech startup known for offering corporate credit cards to startups, is facing some challenges. The news comes at a time when startups are struggling to raise funding due to the worsening global economic conditions and high interest rates. […]

658 Views

Artificial Intelligence / Emerging Technology / Featured / Privacy / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

ChatGPT Privacy Concerns: Italian watchdog finds OpenAI’s ChatGPT in violation of privacy regulations

Nickie Louise Posted On January 29, 2024

OpenAI is under fire again after the Italian watchdog accused the maker of the popular AI tool ChatGPT of breaking privacy laws in Italy. Italy’s data protection authority said on Monday that it has informed OpenAI that its ChatGPT artificial […]

410 Views

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Salesforce cuts 700 jobs, or about 1% of its global workforce as tech layoffs top 25,000 in 2004

Nickie Louise Posted On January 26, 2024

Salesforce is laying off around 700 employees, or approximately 1% of its global workforce, as major U.S. tech companies started 2024 with fresh plans to reduce their headcount, the Wall Street Journal reported on Friday. Despite the layoffs, the report […]

456 Views

Artificial Intelligence / Emerging Technology / Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Musk’s AI startup X.AI to raise $6 billion in funding at a proposed valuation of $20 billion

Nickie Louise Posted On January 26, 2024

Elon Musk’s AI startup, xAI, is reportedly in discussions to secure up to $6 billion in funding, with a proposed valuation of $20 billion, as Musk seeks to rival OpenAI, the Financial Times reported on Friday. If successful, this funding […]

577 Views

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Microsoft lays off 1,900 employees across its gaming division just a day after reaching $3 trillion valuation

Nickie Louise Posted On January 25, 2024

Microsoft said Thursday it plans to lay off 1,900 employees across its gaming divisions, including Xbox and Activision Blizzard, which the tech giant acquired last year for a whopping $69 billion, The Verge reported. The news comes just a day […]

435 Views

Artificial Intelligence / Emerging Technology / Featured / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Publicis invests €300 million in AI to reshape advertising and predict impact

Nickie Louise Posted On January 25, 2024

Publicis Groupe, the world’s largest advertising group in terms of market value, said on Thursday it plans to invest 300 million euros ($326.94 million) in artificial intelligence (AI) over the next three years. This investment is part of the Paris-based […]

640 Views

Featured / Robotics / Startup Funding / Startup Spotlight / Tech Startups / Technology News

Robotic kitchen startup Aniai secures $12 million in funding to bring its burger-cooking robot to restaurants

Nickie Louise Posted On January 24, 2024

Aniai, a New York-based robotic kitchen startup, announced today it has raised $12 million in pre-Series A funding for its hamburger-grilling robot, Alpha Grill. The funding round, led by InterVest, a prominent venture capital firm in South Korea, brings Aniai’s […]

484 Views

Featured / Startup Spotlight / Technology News

Microsoft hits $3 trillion market valuation for the first time ever

Nickie Louise Posted On January 24, 2024

Microsoft on Wednesday made history surpassing the $3 trillion in market valuation for the first time, solidifying its position as the second most valuable company globally, just trailing behind Apple, the maker of iPhones. The news comes a year after […]

507 Views

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eBay to cut 1000 jobs as tech companies laid off thousands in 2024

Nickie Louise Posted On January 24, 2024

eBay announced on Tuesday it will cut about 1,000 jobs, or an estimated 9% of its current workforce, as the e-commerce retailer joins a growing list of tech companies downsizing in January. Alongside the job cuts, the company said it […]

401 Views

Startup Funding / Startups / Tech Startup News / Tech Startups / Technology News / Venture Capital

Plural, a venture firm launched by Wise and Skype founders, secures $436 million for new fund targeting European tech startups

Nickie Louise Posted On January 23, 2024

For over a decade now, Europe has been trailing behind the United States in terms of startup funding. However, there’s a promising shift on the horizon, as a team of seasoned entrepreneurs, the brains behind Wise and Skype, is gearing […]

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