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Microsoft in talks to invest $10 billion for 49% stake in ChatGPT owner, OpenAI
Nickie Louise Posted On January 10, 2023


Unless you’ve been living in a cave, you’ve definitely heard of ChatGPT, the best dialogue-based artificial intelligence chatbot ever released to the general public by OpenAI. However, Microsoft was one of the few companies that saw the potential in OpenAI before it became […]


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Top tech startup news for Monday, January 9, 2023: Ant Group, BlockFi, Microsoft, and Monogram Health
Nickie Louise Posted On January 9, 2023


Good evening! Below are some of the top tech startup news stories for today, Monday, January 9, 2023. Monogram Health closes $375 million in growth funding to support continued expansion Monogram Health, a Brentwood, Tennessee-based health tech startup that provides evidence-based, whole-person, in-home […]


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Microsoft acquires data center chip startup Fungible to power its Azure cloud platform using Fungible DPUs
Nickie Louise Posted On January 9, 2023


Microsoft today announced it has acquired Silicon Valley-based data center chip startup Fungible to bolster its Azure data center infrastructure using the Fungible data processing units (DPUs). However, Blocks and Files reported that the deal was valued at $190 million. Reports about […]


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Wolters Kluwer acquires US-based startup NurseTim to enhance portfolio of nursing education solutions
Nickie Louise Posted On January 9, 2023


Wolters Kluwer is on an acquisition spree. As we reported last week, The Netherlands-based company started the year with the acquisition of London-based tech startup Della AI to shore up its Legal & Regulatory software unit. Today, Wolters Kluwer Health announced it has […]


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Ant Group postpones its $37 billion IPO as founder Jack Ma gives up control in major revamp
Nickie Louise Posted On January 9, 2023


Ant Group, a Chinese fintech giant founded by Alibaba owner Jack Ma, said it does not have a plan for an initial public offering (IPO), Reuters reported, citing an emailed statement from the company. Ant Group’s $37 billion IPO, which would have […]


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Top tech startup news for today, Friday, January 6, 2023: FTX, Mastercard, Mercedes-Benz, Polygon, Stitch Fix
Nickie Louise Posted On January 6, 2023


Good evening and happy Friday! It’s a super light news day so we’re not going to cover much ground today. With that, below are some of the top tech startup news stories for Friday, January 6, 2023. Mastercard launches web3-focused artist […]


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Biotech startup Perceive Bio closes $78M in Series B funding led by Johnson & Johnson to prevent the largest causes of irreversible blindness
Nickie Louise Posted On January 6, 2023


TL;DR Perceive Biotherapeutics, a Silicon Valley biotech tech startup focused on technologies and therapeutics in ophthalmology, has raised $78M in Series B funding led by Johnson & Johnson Innovation. Using decades of academic research, Perceive Biotherapeutics uses novel therapeutics to prevent the largest […]


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Stitch Fix to fire 20% of its employees as CEO steps down
Nickie Louise Posted On January 6, 2023


Tech layoffs continue unabated as a slew of big tech companies — ranging from Facebook’s Meta to Twitter— are letting employees go due to the ongoing recession and global economic slowdown. Stitch Fix is the latest to join the layoff phenomenon after the […]


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Crypto exchange Huobi to lay off 20% of staff as crypto winter worsens
Nickie Louise Posted On January 6, 2023


Just like an angel of death knocking at the door of every crypto company, crypto winter has come for Huobi. The crypto exchange is laying off 20% of its staff, Reuters reported Friday. The layoff is the latest sign of deep […]


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Amazon’s Alexa will soon help EV drivers find and pay for charging, thanks to partnership with EVgo
Daniel Levi Posted On January 5, 2023


TL;DR EVgo,  one of the largest U.S. charging networks, teams up with Amazon to let EV drivers locate and pay for charging with Alexa EV drivers will soon be able to find and navigate to charging stations while on the […]


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Amazon to lay off more than 18,000 employees, a bigger number than initially planned
Nickie Louise Posted On January 5, 2023


Amazon said Wednesday that it will lay off more than 18,000 employees, a bigger number than the retail giant announced back in December when the New York Times reported the company was cutting 10,000 jobs. The news is a further indicator […]


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CatchProbe receives $1M in funding from Applied Value Group to eliminate misinformation in cyber intelligence
Daniel Levi Posted On January 5, 2023


We’re all well aware of misinformation and fake news. But who would have thought of misinformation in cyber intelligence? For decades, cyber-defense systems have been used to automatically ingest Cyber Threat Intelligence (CTI) that contains semi-structured data or text to populate […]


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AAG launches MetaOne Wallet to simplify and streamline the Web3 user experience
Nickie Louise Posted On January 5, 2023


In December, we covered AAG when the fast-growing web3 software company integrated Coinbase Pay into its MetaOne Wallet to improve the fiat on-ramping feature for investors. The integration would make it easier for users, many of whom never previously owned cryptocurrencies, to […]


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Top tech startup news for today, Wednesday, January 4, 2023: ACI, Candy Digital, Coinbase, Fanatics, Gatik, Microsoft, and Salesforce
Nickie Louise Posted On January 4, 2023


Good evening! Below are some of the top tech startup news stories for Wednesday, January 4, 2023. Sports platform Fanatics divests 60% stake in NFT company Candy Digital Fanatics, a sports platform founded by Michael Rubin, is divesting its 60% stake in NFT […]


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Microsoft to invest over $10M in autonomous delivery tech startup Gatik, pushing its valuation to $700 million
Nickie Louise Posted On January 4, 2023


Tech giant Microsoft Corp is in advanced talks to invest in San Francisco, California-based startup Gatik, Reuters reported, citing two people familiar with the discussions. The investment is part of Microsoft’s cloud partnership with autonomous middle-mile logistics startup. According to the report, Microsoft […]


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Top tech startup news for today, Tuesday, January 3, 2023: Apple, ByteDance, FTX, Glip, SpaceX, and Tesla
Nickie Louise Posted On January 3, 2023


Good evening! Below are some of the top tech startup news stories for Tuesday, January 3, 2023. Apple’s market cap falls under $2 trillion for the first time since May 2022 After briefly hitting a $3 trillion valuation in January […]


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TikTok-owner ByteDance cuts hundreds of jobs in China to streamline operations amid global slowdown
Nickie Louise Posted On January 3, 2023


ByteDance, the parent company of the popular video app TikTok, is the latest in a series of companies to announce layoffs amid recession anxiety and global slowdown. ByteDance laid off hundreds of staff in December last year, according to a Tuesday report […]


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Elon Musk’s SpaceX is raising $750 million at a $137 billion valuation, from $127B valuation 6 months ago
Nickie Louise Posted On January 3, 2023


Elon Musk’s space company SpaceX is raising $750 million in a new round of funding that values the company at $137 billion, CNBC reported late Monday. The announcement comes just three days after the SpaceX Falcon team achieved a major milestone […]


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Top tech startup news for today, Monday, January 2, 2023: Amazon, Baidu, Gemini, Tesla, Wickr Me, Zomato
Nickie Louise Posted On January 2, 2023


Happy New Year! It’s been a while since we last covered the top startup news of the day. We listened closely to you and overwhelmingly, a majority of you want us to resume the series. What better time to resume […]


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Indian food delivery startup Zomato’s co-founder Gunjan Patidar resigns, the second co-founder to quit in less than 2 months
Nickie Louise Posted On January 2, 2023


The co-founder and Chief Technology Officer of Indian food delivery startup Zomato Gunjan Patidar has resigned, the latest in a series of top-level executive exits to leave the 12-year-old startup. Patidar’s exit comes just two months after another co-founder, Mohit Gupta, resigned from […]


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