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Versori, a UK-based tech startup, gets $3.5M in funding to grow its AI-powered data infrastructure platform

Nickie Louise Posted On June 28, 2023

Handling data manually is a tedious and demanding process that involves a lot of labor, and resources, and carries a high risk of errors. It can also be quite costly. This applies not only to transforming data but also to […]

634 Views

Apps / Featured / Layoff / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Google is laying off employees at Waze; merges the popular navigation app with its own mapping products

Nickie Louise Posted On June 28, 2023

Google is cutting jobs at its popular navigation app Waze as it continues to merge the unit with its own mapping products, CNBC reported on Tuesday. According to the report, the decision comes as the tech giant plans to integrate Waze […]

514 Views

Blockchain / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

The Next Great Leap in Blockchain Interoperability

Daniel Levi Posted On June 28, 2023

The future of blockchain technology is interoperability. But historically, blockchain interoperability hasn’t come easy. The Bitcoin whitepaper was published in 2008 but it wasn’t until the last few years that the concept even began to emerge in any practical form. […]

520 Views

Blockchain / Launch / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

AI startup HyperCycle launches HyperPG in partnership with Penguin Group to enable Paraguay to utilize its hydropower infrastructure for AI computation

Nickie Louise Posted On June 27, 2023

Since the launch of OpenAI ChatGPT in November, there has been a remarkable surge in interest surrounding artificial intelligence. Businesses across various sectors are now actively seeking ways to incorporate generative AI into their systems. However, this heightened demand underscores the […]

617 Views

Electric Car / Electric Vehicles / Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

EV tech startup Faraday Future raises $90M in funding for the production launch of its FF91 electric SUV

Daniel Levi Posted On June 27, 2023

The ongoing global economic downturn has led to a funding drought, forcing tech startups to lay off some of their employees and freeze hiring while also making it difficult for them to raise new funding. One of the startups feeling […]

552 Views

Featured / Robotics / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Realtime Robotics raises $9.5M in additional funding for its collision-free autonomous motion planning for industrial robots

Daniel Levi Posted On June 27, 2023

While the spotlight remains on generative AI, the funding landscape for automation and robotics startups is also thriving. Investors continue to pour billions into the space as companies like BMW leverage solutions from some of these startups to enhance speed […]

719 Views

Acquisition / Artificial Intelligence / Emerging Technology / Featured / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Databricks scoops up OpenAI competitor MosaicML for $1.3 billion

Nickie Louise Posted On June 27, 2023

Investors continue to pour billions into generative artificial intelligence (AI) as demand for AI applications shows no sign of slowing down. This unrelenting flow of funds also manifests in the increased merger and acquisition activity. The latest is San Francisco-based Databricks. […]

551 Views

Environment / Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

German climate startup 1KOMMA5°raises €430 million in funding to create ‘virtual power plant’ for your home

Daniel Levi Posted On June 26, 2023

The impact of climate change is undeniable, encompassing the entire globe and reaching an unprecedented scale. Extensive research reveals that about 75% of global greenhouse gas emissions, the main contributor to climate change, stem from the combustion of fossil fuels. […]

794 Views

Featured / Hardware / Startup Funding / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Apollo Global leads a $2 billion private funding for chipmaker Wolfspeed

Daniel Levi Posted On June 26, 2023

Chipmaker Wolfspeed announced on Monday it has raised a total of $2 billion in private funding from a group of lenders led by private-equity firm Apollo Global. The debt financing, which includes a $1.25 billion secured note with an accordion […]

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Artificial Intelligence / Emerging Technology / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Amazon invests $100 million in generative AI center as demand for AI applications soars

Nickie Louise Posted On June 26, 2023

The AI boom sparked by the sudden success of OpenAI ChatGPT continues to gain momentum without any signs of slowing down. Since the launch of ChatGpt in November of last year, investors have billions of dollars into generative artificial intelligence […]

800 Views

Acquisition / Featured / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

IBM to acquire Apptio for $4.6 billion to bolster its cloud and automation capabilities

Nickie Louise Posted On June 26, 2023

IBM announced on Monday it will acquire technology spend-management platform Apptio from Vista Equity Partners in a deal valued at $4.6 billion. The acquisition will strengthen IBM’s IT automation and cloud capabilities while providing enterprises with the means to maximize […]

550 Views

Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Autonomous-vehicle startup Kodiak Robotics inks a deal to equip its self-driving software in 800 Loadsmith trucks

Nickie Louise Posted On June 23, 2023

It’s been quite some time since we last covered Kodiak Robotics, an autonomous vehicle startup co-founded by seasoned veteran Otto/Google Veteran Don Burnette and Venture Capitalist Paz Eshel with the goal of revolutionizing the field of long-haul trucking. Back in 2018, […]

665 Views

Startup Spotlight / Technology News

Battle of the billionaires: Musk VS Zuckerberg in a “cage fight”- who would win?

Daniel Levi Posted On June 22, 2023

In what will surely be remembered as the most epic Pay Per View showdown ever, two tech moguls are gearing up to face off against each other. Elon Musk took to Twitter on Wednesday that he would be “up for […]

549 Views

Acquisition / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Eli Lilly acquires biotech firm Dice Therapeutics for $2.4 billion

Nickie Louise Posted On June 22, 2023

The pharmaceutical industry encompasses more than just weight-loss drugs. Eli Lilly, a prominent drug-making company, announced on Tuesday that it has agreed to acquire Dice Therapeutics, a specialized firm that focuses on developing oral treatments for autoimmune diseases. The deal, […]

578 Views

DeFi / Launch / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Struct Finance launches customizable interest rate products to enable DeFi users to earn predictable returns

Daniel Levi Posted On June 21, 2023

While ChatGPT has undeniably dominated news headlines in recent months, it would be remiss to overlook other exciting developments in the tech world, particularly within the realms of blockchain and cryptocurrency. As the economy gradually recovers, there is a renewed […]

540 Views

Startup Funding / Startup Spotlight / Tech Startup News / Tech Startups / Technology News

DexCare raises $75M Series C led by ICONIQ Growth to match patients with the right healthcare provider

Daniel Levi Posted On June 21, 2023

According to the latest estimate, over 100 million Americans currently encounter obstacles when trying to access healthcare, primarily due to factors such as the closure of rural hospitals and shortages of physicians. These challenges have significantly limited individuals’ ability to […]

699 Views

Featured / Launch / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Estonian ride-hailing food delivery startup Bolt partners with Starship to use robots to deliver food in 45 countries

Nickie Louise Posted On June 21, 2023

Back in 2021, we reported on Bolt after the Estonian ride-hailing startup secured a massive $713 million in funding to venture into the rapidly expanding online grocery delivery industry. Early last year, Bolt also raised $709 million to expand its […]

764 Views

Acquisition / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Neptune Retail to buy Coupons.com parent company for $430 million in cash

Nickie Louise Posted On June 20, 2023

Neptune Retail Solutions, a provider of in-store and digital incentive marketing services announced Tuesday it is buying Quotient Technology, the parent company of Coupons.com, in a deal valued at $430 million in cash. The acquisition marks a significant milestone for […]

667 Views

Startup Spotlight / Tech Startup News / Tech Startups / Technology News

Alibaba CEO to step down; to be replaced by Jack Ma’s close confidant, Eddie Yongming Wu

Daniel Levi Posted On June 20, 2023

In a surprise announcement on Tuesday, Alibaba Group said that current CEO Daniel Zhang will be stepping down later this year and be replaced by Jack Ma’s close confidant, Eddie Yongming Wu. The news comes just a month after the […]

535 Views

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