November 29, 2024
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Nordic no-code platform startup Lemonado secures $1.4M in funding to accelerate global expansion
Nickie Louise Posted On July 17, 2024


Lemonado, a Stockholm-based AI startup that enables non-developers to create custom business software using natural language commands, has secured $1.4 million in seed funding to drive its global expansion. The funding round was led by Nordic venture capital firm node.vc, […]


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GitLab, a Google-backed cloud developer valued at $8 billion, considers sale as acquisition interest grows
Nickie Louise Posted On July 17, 2024


GitLab, a Google-backed software developer renowned for its popular open-source code collaboration platform, is reportedly exploring a potential sale. According to an exclusive report from Reuters, the software developer is working with investment bankers after attracting interest from several companies, […]


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Elon Musk’s AI startup xAI ends talks on $10 billion server deal with Oracle
Nickie Louise Posted On July 9, 2024


Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have ended their discussion over a potential $10 billion server deal,  The Information reported on Tuesday. Following the news, shares of Oracle saw a significant dip, falling as much as […]


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Cloud storage startup Nasuni valued at $1.2 billion in funding led by Vista
Nickie Louise Posted On July 9, 2024


Cloud storage startup Nasuni has reached a valuation of approximately $1.2 billion after securing a strategic growth investment led by Vista Equity Partners. The Boston-based enterprise data platform startup added that Vista will be joined by TCV and KKR in […]


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Amazon’s AWS invests $230 million in cloud credits for generative AI startups
Nickie Louise Posted On June 13, 2024


Amazon announced on Thursday an investment of $230 million in Amazon Web Services (AWS) cloud credits aimed at supporting generative AI startups. This initiative underscores the intensifying competition among cloud providers to attract AI clients from their inception. The program […]


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AI cloud provider startup CoreWeave gears up for 2025 IPO amidst surging GPU demands
Nickie Louise Posted On May 31, 2024


The AI boom that began with the launch of ChatGPT in November 2022 has led to surging demand for the graphics processing units (GPUs) essential for powering AI data centers. One notable beneficiary of this surge is CoreWeave, an Nvidia-backed […]


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The Hidden Costs of Cloud Services and How to Avoid Them
Daniel Levi Posted On May 30, 2024


In the fast-paced world of technology startups, leveraging cloud services has become a cornerstone of success. The cloud offers flexibility, scalability, and cost-efficiency that traditional IT infrastructures simply cannot match. However, hidden beneath these apparent benefits are costs that can […]


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Microsoft partners with UAE AI startup G42 to invest $1 billion in Kenya data center
Daniel Levi Posted On May 22, 2024


Microsoft is partnering with Abu Dhabi-based AI startup G42 to invest $1 billion in a data center in Kenya as part of the company’s efforts to expand cloud-computing services in East Africa, the two companies announced on Wednesday. This is Microsoft’s […]


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Palo Alto Networks acquires IBM’s QRadar cloud security assets to expand its customer base
Nickie Louise Posted On May 16, 2024


Palo Alto Networks announced on Wednesday that it has reached a deal to acquire IBM’s QRadar cloud software assets as part of the cybersecurity giant’s strategy to expand its customer base and enhance its consultant network. While the terms of […]


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Meta launches its Llama 3 open-source LLM on Amazon AWS
Daniel Levi Posted On April 18, 2024


Following the successful launch of ‘Code Llama 70B’ in January, Meta has now released the latest iteration of its open-source LLM powerhouse Llama 3 on the infrastructure of Amazon AWS. In an email to TechStartups, Amazon revealed that “Meta Llama […]


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Sovereign AI Cloud: Oracle’s Larry Ellison predicts governments will build ‘sovereign’ AI clouds in the future
Nickie Louise Posted On April 8, 2024


Oracle chairman and CTO Larry Ellison grabbed media attention over the weekend with his latest bold prediction regarding the emergence of sovereign AI clouds. During a recent earnings call with Wall Street analysts, Ellison forecast a surge in government-backed cloud […]


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Stellantis unveils “Virtual Cockpit,” a revolutionary tech to cut car development time from months to just a day
Nickie Louise Posted On January 9, 2024


Stellantis, the world’s third-largest automaker by sales, has made a significant breakthrough in the rapid prototyping of car systems. In an announcement on Tuesday, the company revealed the development of a “virtual cockpit” that allows them to create and test […]


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Decoding the Security of Cloud-Hosted Online Casinos
Daniel Levi Posted On November 12, 2023


Nowadays, given the advent of technology and how far it has managed to develop, online casinos are being hosted on the cloud. This is a common way for many websites to be hosted, as it can provide a variety of […]


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Stellar Cyber partners with Oracle Cloud Infrastructure to offer expanded cybersecurity capabilities
Daniel Levi Posted On August 14, 2023


In March, we featured Stellar Cyber when the Open XDR pioneer unveiled its InterSTELLAR Partner Program to accelerate revenue generation for resellers of the innovative Open XDR platform. Since our last story, the Stellar Cyber team has been working behind […]


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Virtual Data Rooms vs. Traditional Data Storage: Which Is Right for Your Business?
Daniel Levi Posted On August 3, 2023


Globalization has shrunk distances in the business world. It has become a whole lot easier to provide services or sell products in different parts of the world. In addition to opportunity, globalization has also tightened competition. Thus, the data which […]


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Bain Capital raises its offer to buy Swiss cloud software company SoftwareOne to $3.7 billion
Nickie Louise Posted On July 20, 2023


Last month we wrote about Bain Capital after the private equity firm offered to buy SoftwareOne in a deal that valued the Switzerland-based software and cloud technology solutions company at 2.9 billion Swiss francs ($3.21 billion). Despite the massive offer, […]


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Web3 startup Impossible Cloud soars with $7.6M in seed funding to revolutionize the decentralized cloud storage
Nickie Louise Posted On March 1, 2023


Tech startups continue to struggle to raise new funds due to rising interest rates and the global economic slowdown. Startups in all industries including the web3 space are beginning to feel the pinch. However, despite funding to web3 startups plummeting […]


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Observability platform Chronosphere raises additional $115M in Series C funding at a $1.6 billion valuation
Daniel Levi Posted On January 10, 2023


One of the biggest IT infrastructure challenges facing organizations as they move their applications to the cloud is knowing the health of the systems and services in operations. These organizations are also under pressure to keep their IT infrastructure and cloud […]


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Developing an App For a Startup? Don’t Procrastinate On Security Assessment — Get DevSecOps Early
Daniel Levi Posted On October 13, 2022


At which stage of the application development is your app as we speak? Have you already made a security assessment? Many don’t consider early security assessments. Traditionally, apps have been built in their entirety before security would give their approval prior […]


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Google partners with Coinbase to accept crypto payments for cloud services and drive Web3 innovation
Daniel Levi Posted On October 11, 2022


Early this year, the Google Cloud division disclosed it was assembling a team of people to help its clients meet their cryptocurrency needs. It now appears the tech giant is making good on its promise. Today, Google announced it has joined […]


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