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London-based AI recycling startup Sorted raises £1.65M in funding to solve material sorting gap
Nickie Louise Posted On April 23, 2024


Amidst growing global concerns over environmental sustainability, London-based recycling tech startup Sorted has emerged as a beacon of hope to combat the global waste crisis. Sorted announced today it has secured £1.65 million in seed funding to lead the charge […]


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SoftBank makes a $1 billion bet on AI, teams up with Nvidia for chips
Nickie Louise Posted On April 23, 2024


Japanese tech titan SoftBank is stepping up its game to fuel Japan’s AI race. According to a Nikkei report, the company is set to invest nearly $1 billion in the next two years to develop a “world-class” Japanese-specific generative AI […]


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Sam Altman invests $20 million in clean energy startup Exowatt to meet energy demands of AI data centers
Nickie Louise Posted On April 22, 2024


In a strategic move towards a sustainable future for artificial intelligence (AI) infrastructure, OpenAI CEO Sam Altman, alongside venture capital heavyweight Andreessen Horowitz, is backing a $20 million investment in clean energy startup Exowatt, according to a report from The […]


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Cisco launches HyperShield, a new AI product that provides unified security for clouds and data centers
Nickie Louise Posted On April 18, 2024


Cisco on Thursday unveiled HyperShield, a new AI security product to secure clouds and data centers in response to addressing the escalating demands placed on IT infrastructure by the AI revolution. HyperShield leverages AI capabilities to safeguard applications, devices, and […]


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French AI tech startup Mistral AI seeking new funding at $5 billion valuation
Nickie Louise Posted On April 17, 2024


French AI tech startup Mistral AI is in advanced discussions with potential investors to raise several hundred million dollars at a valuation of $5 billion, according to a report from The Information. The news comes hot on the heels of its […]


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Microsoft invests $1.5 billion in UAE AI startup G42 to accelerate AI development and global expansion
Nickie Louise Posted On April 17, 2024


Microsoft has announced a $1.5 billion strategic investment in Abu Dhabi-based AI startup G42, making it Microsoft’s fourth multibillion-dollar investment outside the US. This collaboration aims to spark innovation and deliver cutting-edge AI solutions leveraging Microsoft Azure across the Middle […]


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Microsoft-backed cybersecurity startup Rubrik targets up to $5.4 billion valuation in US IPO
Daniel Levi Posted On April 16, 2024


Rubrik, a cybersecurity startup backed by Microsoft, revealed on Tuesday it is going public at a valuation of up to $5.44 billion in an initial public offering (IPO) in the United States. This move comes when the IPO market is […]


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AI startup Rivos raises $250 million in funding to develop RISC-V AI chips for generative AI markets
Nickie Louise Posted On April 16, 2024


AI chip startup Rivos has raised $250 million in funding to address the ongoing chip shortage in generative AI markets. This financial boost, part of an oversubscribed Series A-3 funding round, was led by Matrix Capital Management, with a lineup […]


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Salesforce is reportedly in talks to acquire Informatica for more than $11 billion
Nickie Louise Posted On April 16, 2024


Salesforce is in the final stages of negotiations to acquire cloud data-management firm Informatica, according to The Wall Street Journal, which first reported the news on Friday. The news of the potential acquisition sparked a flurry of market activity. Shares […]


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Paris-based tech startup HyLight raises $4 million to decarbonize aerial inspection with its hydrogen-powered airship drone
Nickie Louise Posted On April 15, 2024


In a major development that is set to revolutionize aerial photography, HyLight, a trailblazer in aerial inspection utilizing hydrogen airship drones, has secured a fundraising round totaling 3.7 million euros ($4 million) from venture capitalists and business angels. Notable backers […]


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AI startup Procurement Sciences AI lands $10M to speed up government contracting
Nickie Louise Posted On April 11, 2024


Government procurement in the United States presents a significant opportunity for businesses, with approximately 10% of the federal government’s massive $6.5 trillion annual budget allocated for procurement. This amounts to a staggering $665 billion spent annually on goods and services […]


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Microsoft to invest $2.9 billion to boost AI and cloud infrastructure in Japan
Daniel Levi Posted On April 10, 2024


In a move set to turbocharge Japan’s tech landscape, Microsoft has announced a staggering $2.9 billion investment over the next two years to bolster the country’s AI and cloud infrastructure. This marks the tech giant’s largest investment in its 46-year […]


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Israel cybersecurity startup Claroty targets 2025 US IPO at $3.5 billion valuation
Nickie Louise Posted On April 9, 2024


It’s been a whirlwind six years since Israel’s Industrial cybersecurity startup  Claroty last graced our pages here at TechStartups. Back then, this industrial cybersecurity juggernaut was celebrating a $60 million Series B funding round, attracting a star-studded lineup of investors from […]


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YouTube trick shots channel Dude Perfect lands over $100 million investment
Nickie Louise Posted On April 9, 2024


Dude Perfect, the popular YouTube sensation famed for their jaw-dropping basketball trick shots, has just landed a major investment from private investment firm Highmount Capital. The investment is reported to be in the range of $100 million to $300 million, […]


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AI startup SiMa.ai raises $70 million in funding to introduce new AI chip for generative edge computing
Nickie Louise Posted On April 8, 2024


SiMa.ai, a Silicon Valley-based AI chip startup that makes ‘purpose-built’ AI chips for edge computing, has secured an additional $70 million in funding to launch its second-generation chipset, designed specifically for processing multimodal generative AI. This funding round follows a […]


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Sam Altmann and Jony Ive are reportedly in talks to raise $1 billion in funding for secretive AI device startup
Nickie Louise Posted On April 8, 2024


OpenAI CEO Sam Altman and former Apple designer Jony Ive are reportedly in funding talks with high-profile investors to raise $1 billion for their secretive AI-powered personal device company, according to a report from The Information. Among the potential backers […]


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Generative AI startup Scale AI in talks to raise hundreds of millions in funding at near $13 billion valuation
Daniel Levi Posted On April 4, 2024


Generative AI startup Scale AI is reportedly in discussions with investors to secure a funding round that could nearly double its valuation, according to a report from The The Information. Citing insider sources, The Information said venture capital powerhouse Accel, […]


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Coalesce raises $50M in funding to revolutionize data transformation for data teams
Nickie Louise Posted On April 4, 2024


With over 300 million terabytes of data created each day, data has become the lifeblood of modern enterprises, driving critical decision-making processes and powering innovative solutions. However, the raw data generated by various sources is often fragmented, inconsistent, and unstructured, […]


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BYD to launch first electric pickup truck to challenge Tesla and Ford as EV truck war rages on
Nickie Louise Posted On April 4, 2024


The race for dominance in the electric vehicle (EV) truck market has officially kicked into high gear as China’s electric car giant BYD entered the electric pickup truck race. Just two months after BYD dethroned Tesla as the world’s largest […]


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Israel’s AI chipmaker startup Hailo raises $120 million in funding at $1.2 billion valuation
Nickie Louise Posted On April 2, 2024


Israeli AI chipmaker Hailo is making waves again, securing a hefty $120 million in fresh funding. This latest round pushes the company’s valuation to $1.2 billion, reaffirming its position as a formidable player in the tech landscape. Alongside the funding, […]


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