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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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Latvian fintech startup inGain raises EUR 650K in funding to revolutionize lending with no-code SaaS platform
Daniel Levi Posted On April 18, 2024


Latvian fintech startup inGain announced on Thursday it secured EUR 650,000 in funding from a consortium of investors including venture capital firms Trind VC and Fiedler Capital, as well as support from the Latvian Business Angels network and various individual […]


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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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Andreessen Horowitz raises $7.2 billion for new venture funds to invest in late-stage tech startups
Nickie Louise Posted On April 17, 2024


In a sign of resurgence in the tech startup scene, renowned venture capital firm Andreessen Horowitz announced Tuesday it has raised $7.2 billion across five diverse funds. The massive capital not only underscores the firm’s bullish stance on the tech […]


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Telegram to hit one billion users within a year, even as the US pressures the messaging app to spy on its users
Daniel Levi Posted On April 17, 2024


Telegram is on track to cross one billion active monthly users within a year, Pavel Durov, the billionaire founder of the messaging app, said on Tuesday. In a recent interview with U.S. journalist Tucker Carlson, Durov projected the messaging app’s […]


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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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Squadhelp rebrands to Atom just a year after raising $10 million in funding
Daniel Levi Posted On April 17, 2024


In a strategic move poised to reshape the digital landscape, Squadhelp has just announced its transformation into Atom.com. The rebrand arrives hot on the heels of the company’s $10 million funding round led by digital asset brokerage powerhouse Hilco Digital, […]


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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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HubSpot co-founder Dharmesh Shah actually bought Chat.com for $15+ million and resold for an undisclosed sum 2 months later [update]
Nickie Louise Posted On April 16, 2024


In May 2023, we covered the story of Dharmesh Shah, co-founder and CTO of HubSpot, when he acquired the domain name chat.com for over $10 million. It was a big bet on the future of digital conversation that got many […]


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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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Google Photos gets AI makeover with free AI-powered editing tools previously limited to Google One subscription
Nickie Louise Posted On April 15, 2024


Google has just rolled out a massive upgrade to its Google Photos platform. The tech giant announced on Wednesday that it is rolling out a suite of cutting-edge AI-powered editing tools for free to all Google Photos users at no […]


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The Winklevoss twins just invested $4.5 million worth of bitcoin in a tiny British soccer club
Daniel Levi Posted On April 15, 2024


Cameron and Tyler Winklevoss, the billionaire twins known for their legal battles with Mark Zuckerberg over the creation of Facebook, are back in the spotlight. This time, they’re making waves with a new investment in a small British soccer club. […]


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Samsung overtakes Apple as the world’s largest phone maker
Nickie Louise Posted On April 15, 2024


Samsung has once again overtaken Apple as the world’s largest smartphone maker. In a major shakeup in the smartphone market, Samsung has dethroned Apple as the world’s largest smartphone maker, according to the latest report from IDC. Samsung’s ascent to […]


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xAI’s Grok 1.5 gets a vision upgrade: Can process images and generate code from a diagram
Nickie Louise Posted On April 15, 2024


Just two weeks after Elon Musk’s AI venture xAI unveiled Grok-1.5, Musk’s persistent push to validate open-source AI’s prowess against the titans of the field receives a fresh boost with Grok’s latest evolution. This time, xAI has released Grok-1.5 Vision, […]


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Tesla lays off over 10% of its global workforce
Nickie Louise Posted On April 15, 2024


Tesla has reportedly laid off “more than 10%” of its global workforce, according to a report from Electrek. Citing an “internal company-wide email,” Electrek claimed that Elon Musk attributed the layoffs to a “duplication of roles and job functions in […]


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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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VideoPoet: Google looks to challenge OpenAI Sora and Stable Diffusion for dominance in AI video creation
Daniel Levi Posted On April 12, 2024


In February, OpenAI made a big splash with the unveiling of Sora, an impressive AI tool that can transform text prompts into engaging videos. With Sora, users can breathe life into their ideas, watching as the AI crafts dynamic 60-second […]


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OpenAI fires 2 researchers over leaks of potentially new AI breakthrough called Q*
Nickie Louise Posted On April 12, 2024


OpenAI has terminated two of its researchers, Leopold Aschenbrenner and Pavel Izmailov over alleged information leaks, according to a report from The Information. The saga further underscores ongoing tensions within the company. Aschenbrenner, known for his role in the AI […]


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