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Female-led UK tech startup Qflow raises $9.1 million to decarbonize the construction industry
Nickie Louise Posted On May 30, 2023


Construction reportedly accounts for 11 percent of global carbon emissions, making it the world’s most carbon-intensive industry. Of this number, the materials used in the construction of buildings also account for around nine percent of overall energy-related CO2 emissions, according […]


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Plant-based food startup Neat Burger lands $18 million in Series B funding to expand its global reach
Nickie Louise Posted On May 30, 2023


The growing concerns surrounding climate change and carbon emissions have spurred the need to transition from traditional animal-based meats to plant-based alternatives that are sustainable and more environmentally friendly. With the world’s population projected to hit 10 billion people by […]


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Nvidia set to become the world’s first $1 trillion chipmaker as the AI boom rages on
Nickie Louise Posted On May 30, 2023


Nvidia is poised to become the world’s first chipmaker company with a $1 trillion market capitalization, joining the exclusive trillion-dollar club of Alphabet, Amazon, Apple, and Microsoft. Nvidia was on track on Tuesday to breach the $1 trillion market cap […]


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‘Everyone is a programmer’ with generative A.I., Nvidia CEO says
Nickie Louise Posted On May 29, 2023


The advancement in the field of generative artificial intelligence (AI) has revolutionized the way we interact with computers, thanks in part to tools like ChatGPT. Nvidia CEO Jensen Huang said on Monday that the era of artificial intelligence has opened […]


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World Mobile launches commercial telecom network in Zanzibar to bridge the digital divide in Africa
Nickie Louise Posted On May 26, 2023


World Mobile, a mobile network that has been instrumental in narrowing the digital divide in Africa, today announced the successful launch of its commercial telecom network in Zanzibar. This network is not only providing accessible mobile data services to those […]


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FDA approves Neuralink’s first-in-human clinical trial of brain-implant
Nickie Louise Posted On May 26, 2023


The US Food and Drug Administration (FDA) has given its approval to Elon Musk’s company Neuralink to start testing its brain implant on humans. In an announcement on Thursday, Neuralink said the FDA had given the green light to its […]


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OpenAI’s Sam Altman raises $115M for Worldcoin, a startup that scans people’s eyes in exchange for free cryptocurrency
Nickie Louise Posted On May 25, 2023


OpenAI founder and CEO Sam Altman has raised $115 million in a Series C funding round for Worldcoin, a startup he co-founded with theoretical physics student Alex Blania and Max Novendstern, a former investment associate at Bridgewater Associates. The round […]


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Virgin falls out of Orbit, shuts down following liquidation sale
Daniel Levi Posted On May 25, 2023


Branson, we have a problem. Richard Branson’s Virgin Orbit is finally shutting down after six years of operations. In an announcement yesterday, the bankrupt Virgin Orbit announced it was shutting down after the liquidation of most of its assets. Stratolaunch and […]


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AI startup Figure raises $70M to build autonomous humanoid robots; now valued at $400 million
Nickie Louise Posted On May 24, 2023


Figure, an AI Robotics startup building general-purpose humanoid robots, has raised $70 million in Series A funding to accelerate the development and accelerate the development and manufacturing of the first-of-its-kind AI autonomous humanoid called Figure 01. The round was led […]


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Israeli cybersecurity startup Memcyco secures $10M to protect brands and businesses from brandjacking fraud
Nickie Louise Posted On May 24, 2023


Cybercrime is on the rise, with attacks becoming increasingly common and sophisticated with damages predicted to reach $10.5 trillion annually by 2025. To date, ordinary internet users who browse websites and communicate online are becoming victims of traps and scams, […]


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JPMorgan to invest over $200 million in emerging carbon removal technologies
Nickie Louise Posted On May 23, 2023


As part of its effort to further accelerate its operational sustainability goals, JPMorgan Chase joined a group of tech companies including Autodesk, H&M Group, and Workday in buying $1 billion worth of carbon dioxide removal. At the time, the five […]


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Facebook’s Meta sells Giphy to Shutterstock for $53 million, just 3 years after acquiring it for $400 million
Nickie Louise Posted On May 23, 2023


Facebook’s parent company Meta has sold Giphy to Shutterstock as part of the company’s effort to comply with a UK regulator’s order, Reuters reported. In an announcement on Tuesday, Shutterstock said it has reached an agreement to buy the popular […]


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Facebook’s Meta fined a record $1.3 billion for transferring EU users’ data to the US
Nickie Louise Posted On May 22, 2023


Meta, the parent company of Facebook, has received a historic fine of 1.2 billion euros ($1.3 billion) from the European Union privacy regulator. This decision was made by the Data Protection Commissioner (DPC) in Ireland, giving Meta a five-month deadline […]


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Jeff Bezos’ Blue Origin wins NASA contract to build astronaut lunar lander
Nickie Louise Posted On May 19, 2023


Jeff Bezos’ space company, Blue Origin, has won the highly-coveted NASA contract to build a spacecraft that will send astronauts to and from the moon’s surface. In an announcement on Friday, NASA’s chief said that a team led by Blue […]


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Chinese EV maker Nio invests $142 million in nuclear fusion startup Neo Fusion
Nickie Louise Posted On May 19, 2023


Despite billions of dollars being poured into generative AI startups following the recent success of ChatGPT, investors are slowly warming up to nuclear fusion startups as the technology shows increasing promise. Last week, we wrote about Helion after Microsoft agreed […]


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OpenAI launches ChatGPT app for iOS that accepts voice prompts, Android coming soon
Nickie Louise Posted On May 18, 2023


OpenAI, the company behind the ChatGPT chatbot, has launched a ChatGPT app for Apple’s iOS. In an announcement on Thursday, OpenAI s CTO Mira Murati said that an Android version is coming soon. The new iPhone app, which is the […]


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SoftBank to invest $150M in Black and Latino startups; rebrands its second fund to Open Opportunity Fund
Nickie Louise Posted On May 18, 2023


In June 2020 we wrote about SoftBank Group after the Japanese conglomerate launched a $100 million fund called the “Opportunity Growth Fund” to invest in Black and Latino-led startups. The fund was part of the firm’s effort to improve diversity […]


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JPMorgan and Barclays back a $110M investment in German InsurTech startup Wefox at $4.5 billion valuation
Nickie Louise Posted On May 18, 2023


Wefox, a Berlin, Germany-based insure tech startup, has closed $110 million in a new round of funding from existing investors including JPMorgan and Barclays. In an announcement on Wednesday, Wefox said that $55 million of the total amount raised came […]


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Disgraced Theranos founder Elizabeth Holmes to arrive at prison on May 30 to begin her 11-year sentence
Nickie Louise Posted On May 18, 2023


Disgraced founder and former Theranos CEO Elizabeth Holmes is finally heading to prison after her unsuccessful attempt to avoid incarceration. The U.S. District Judge ruled that must report to prison on May 30. Holmes was convicted of running a years-long […]


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Ripple acquires Switzerland-based crypto custody startup Metaco for $250 million
Nickie Louise Posted On May 17, 2023


Ripple, a crypto startup best known for its cryptocurrency XRP, has acquired Switzerland-based crypto custody startup Metaco in a deal valued at $250 million, making it the company’s first major acquisition. In an announcement on Tuesday, Ripple said that the […]


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