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Alphabet merges Google Brain & DeepMind teams into one AI group called Google DeepMind
Nickie Louise Posted On April 20, 2023


As the AI race enters a new phase, Google’s Alphabet announced today the consolidation of its AI research divisions to better position itself in its battle with Microsoft. In a blog post on Thursday, Alphabet said that DeepMind and the […]


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DeFi startup Gluwa eyes partnership with Federal Government of Nigeria on Crypto Legalization
Nickie Louise Posted On April 20, 2023


In just a little over a decade, cryptocurrencies have evolved from a niche digital currency used by a small group of enthusiasts to becoming a significant player in the modern financial landscape. As of last year, at least ten countries […]


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Singapore-based startup Accredify raises $7 million for its digital verification platform
Nickie Louise Posted On April 20, 2023


We live in an era dominated by fake news. But reading fake news is one thing, relying on untrustworthy information to make business decisions can have disastrous consequences. It was this realization that prompted Quah Zheng, a chartered accountant, to […]


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Coinbase gets Bermuda license, plans to launch offshore derivatives exchange next week
Nickie Louise Posted On April 19, 2023


Coinbase has obtained a license to operate in the offshore jurisdiction of Bermuda. The move indicates that the company is doubling down its efforts to expand its global operations, particularly at a time when the U.S. regulatory agencies have become […]


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AI startup EdgeQ raises $75M to fuse AI compute and 5G within a single chip
Nickie Louise Posted On April 19, 2023


The present-day framework for connectivity and computation relies on outdated networks that are predominantly self-contained and monolithic. As more advanced and new devices such as drones, autonomous vehicles, and robotics are integrated into the network, it becomes increasingly important to […]


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Elon Musk threatens to sue Microsoft for “illegally using Twitter data” to train its AI
Nickie Louise Posted On April 19, 2023


Earlier today, Microsoft announced it is dropping Twitter from its advertising platform after the tech giant refused to pay Twitter’s API fees. Microsoft’s decision came a few days just before Twitter moves to its new high-priced API, which starts at […]


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AI tech startup Lexion raises $20M Series B to expand its AI-powered contract management solution offerings
Nickie Louise Posted On April 19, 2023


It’s been a while since we last featured artificial intelligence startup Lexion. The last time we wrote about the Seattle, Washington-based company was back in 2021 when it raised an $11 million Series A round led by Khosla Ventures, with […]


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Construction startup EquipmentShare lands $290M in funding to provide contractors access to equipment and tech
Nickie Louise Posted On April 19, 2023


The construction business has not undergone significant change throughout the years despite all the technological developments in other fields. In the past 60 to 70 years, the industry hasn’t undergone any significant changes in terms of production or safety. It’s […]


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Crypto companies scramble to find banking partners after the collapse of three major crypto lenders
Nickie Louise Posted On April 19, 2023


Just last week, we wrote about Binance.US after a report that the U.S. arm of crypto exchange Binance was having problems finding a new banking partner following the collapse of Signature Bank that roiled the crypto market in March. Now, […]


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Top tech startup news for Tuesday, April 18, 2023: Coinbase, Cure Hydration, Meta, NodeRun, and Rally
Nickie Louise Posted On April 18, 2023


Good evening! Below are some of the top tech startup news stories for Tuesday, April 18, 2023. Meta is reportedly planning another round of mass layoffs this week Facebook’s parent company Meta is planning another round of mass layoffs Wednesday, […]


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Rally raises $12M in funding to grow its composable checkout platform for e-commerce merchants
Nickie Louise Posted On April 18, 2023


One of the biggest challenges of e-commerce checkout is cart abandonment. The problems are due to a lot of factors including bad user experience and clunky checkout which leads to lost sales for merchants. It’s for this reason that e-commerce […]


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FoodTech startup Cure Hydration bags $5.6M in Series A funding to fuel expansion into major retailers
Nickie Louise Posted On April 18, 2023


Cure Hydration, a plant-based hydration brand, has secured $2.6 million in Series A funding as it embarks on a new growth phase that includes expanding its retail presence almost fourfold from two years ago. The latest round was led by […]


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Elon Musk says he’s working on ‘TruthGPT,’ a ‘maximum truth-seeking AI’ to challenge ChatGPT and counter AI ‘bias’
Nickie Louise Posted On April 17, 2023


In February, Elon Musk said he was exploring the development of an alternative to ChatGPT. The billionaire revealed he had contacted AI researchers to start work on the project. To spearhead the effort, The Information reported that Musk has been recruiting Igor […]


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Danish startup Wedio raises €1.25M to grow its camera-sharing community for ambitious content creators
Daniel Levi Posted On April 17, 2023


With brands seeking to grow their reach and competing to attract the same customer segment, some have turned to visual storytelling to create original and authentic content using visual means such as photographs, videos, illustrations, and other forms of visual […]


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SpaceX Starship’s first integrated flight test launch postponed to tomorrow
Daniel Levi Posted On April 17, 2023


SpaceX is set to launch the most powerful rocket ever today. Less than an hour from now, Elon Musk’s rocket company will conduct its first integrated test flight for Starship today. The launch was originally scheduled to take off at […]


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Google CEO Sundar Pichai warns: Society is not prepared for the impact and rapid advancement of AI
Nickie Louise Posted On April 17, 2023


On March 30, a group of technology leaders including dozens of academics called for an immediate pause on training training “experiments” connected to large language models that were “more powerful than GPT-4.” In an open letter signed by Tesla CEO Elon […]


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Sega to acquire Angry Birds maker Rovio for $776 million
Nickie Louise Posted On April 17, 2023


Japanese gaming giant Sega announced Monday it planned to acquire the maker of the Angry Birds puzzle game, Finland’s Rovio Entertainment Oyj, for 706 million euros ($776 million) to bolster its mobile gaming business. The announcement comes three months after […]


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Renewable energy fintech startup Crux Climate launches with $4.6M in funding to provide a marketplace for IRA tax credits
Nickie Louise Posted On April 14, 2023


Unknown to most Americans, the Inflation Reduction Act (IRA) passed last year is packed with several tax incentives to stimulate the climate economy and reduce renewable energy costs for organizations. The tax credits cover various clean business activities such as […]


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Digital media conglomerate Starboard acquires free-speech social app Parler; to roll out a revamped version
Nickie Louise Posted On April 14, 2023


Digital media conglomerate Starboard announced on Friday it has acquired the free-speech social app Parler for an undisclosed amount. The firm also said that it will temporarily shut down the social media app popular among conservatives in the United States […]


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Otterize emerges from stealth with $11.5M in funding to help developers securely connect software services
Nickie Louise Posted On April 13, 2023


With most organizations moving to the cloud, building software applications has become increasingly complex as applications have to interconnect with other third-party components and different software development tools, which may potentially make the applications more vulnerable. One of the challenges […]


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