November 29, 2024
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Israeli AI tech startup CytoReason raises $80M led by Nvidia and Pfizer to grow its AI drug discovery platform
Nickie Louise Posted On July 17, 2024


CytoReason, an Israeli tech startup that uses AI to develop disease models, announced on Wednesday that it has secured $80 million in a private funding round to expand its AI drug discovery platform. The round was led by industry giants […]


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Nordic no-code platform startup Lemonado secures $1.4M in funding to accelerate global expansion
Nickie Louise Posted On July 17, 2024


Lemonado, a Stockholm-based AI startup that enables non-developers to create custom business software using natural language commands, has secured $1.4 million in seed funding to drive its global expansion. The funding round was led by Nordic venture capital firm node.vc, […]


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GitLab, a Google-backed cloud developer valued at $8 billion, considers sale as acquisition interest grows
Nickie Louise Posted On July 17, 2024


GitLab, a Google-backed software developer renowned for its popular open-source code collaboration platform, is reportedly exploring a potential sale. According to an exclusive report from Reuters, the software developer is working with investment bankers after attracting interest from several companies, […]


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Ozy Media and CEO Carlos Watson convicted of fraud after staged calls with Goldman Sachs
Daniel Levi Posted On July 16, 2024


In a stunning conclusion to a high-profile case, Ozy Media and its CEO, Carlos Watson, have been found guilty of defrauding investors about the financial health of his once-promising premium and digital media startup. The charges included allegations that Watson […]


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Elon Musk is moving SpaceX and X headquarters to Texas, citing new CA trans student privacy law
Daniel Levi Posted On July 16, 2024


In a decisive move spurred by recent legislative changes, SpaceX CEO and X owner Elon Musk said Tuesday that he will move the headquarters of both companies from California to Texas. This decision to relocate the headquarters of the two […]


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OpenAI founding member, Tesla engineer Andrej Karpathy launches AI education startup, Eureka Labs
Nickie Louise Posted On July 16, 2024


OpenAI founding member and former Tesla engineer Andrej Karpathy announced the launch of Eureka Labs, an AI-integrated education platform startup. This news comes just five months after Karpathy left OpenAI to “work on personal projects.” Drawing on his extensive experience […]


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Profitable AI startup SymphonyAI eyes late 2025 IPO after strong growth of $500 million revenue run rate
Nickie Louise Posted On July 16, 2024


Profitable AI startup SymphonyAI is gearing up for a public listing in the second half of next year, CEO Sanjay Dhawan said in a recent interview. The decision follows the company achieving a $500 million revenue run rate last year […]


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KKR-backed enterprise software startup OneStream eyes $4.38 billion valuation in US IPO
Daniel Levi Posted On July 15, 2024


OneStream Software, an enterprise software startup backed by private equity giant KKR, is targeting a valuation of about $4.38 billion in its upcoming U.S. initial public offering (IPO). The news comes a month after the company confidentially filed for the […]


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Google nears a deal to acquire Israeli cybersecurity startup Wiz for $23 billion, its largest-ever deal
Nickie Louise Posted On July 15, 2024


Google is reportedly near a deal to acquire Israeli cybersecurity startup Wiz for $23 billion, the Wall Street Journal (WSJ) reported on Sunday, citing sources familiar with the ongoing negotiations. The deal, which would be Google’s largest acquisition ever, could […]


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These 3 companies control 88% of the largest corporations in America
Daniel Levi Posted On July 12, 2024


The United States has long been admired for its vibrant marketplace, a breeding ground for innovation and independent businesses. However, a recent study by Cambridge University Press reveals a concerning trend of corporate consolidation that threatens the very essence of […]


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AT&T Hacked: AT&T confirms hackers stole records of 109 million US customers in a massive data breach
Daniel Levi Posted On July 12, 2024


AT&T revealed on Friday that it had fallen victim to a massive hacking incident. The telecom giant confirmed today that it suffered a significant data breach in April, resulting in the unauthorized download of records from approximately 109 million customer […]


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SpaceX Falcon 9 rocket suffers first major malfunction in 7 years; imperils Starlink satellite mission
Daniel Levi Posted On July 12, 2024


In a rare misstep, SpaceX’s Falcon 9 rocket experienced a malfunction with its second-stage engine during a Starlink mission on Thursday night, endangering its payload of Starlink satellites. This incident marks the first failure in over seven years for a […]


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Pixelverse raises additional $2 million from leading Web3 VCs, hits $7.5 million funding goal
Nickie Louise Posted On July 12, 2024


Just a month after securing $5.5 million to fuel its rapid growth and accelerate the mass adoption of Web3 gaming, metaverse upstart Pixelverse announced Friday that it raised an additional $2 million in private funding. Recognizing the company’s rapid momentum […]


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Bixby gets AI boost: Samsung to launch upgraded assistant with AI for smarter voice control
Daniel Levi Posted On July 11, 2024


In 2017, Samsung made its foray into the smart speaker market with the launch of Samsung’s Bixby-powered smart device, aimed to rival Google Home, Amazon Echo, and Apple HomePod. Fast forward five years later, Samsung is now gearing up to […]


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Israeli tech startup Buildots secures $15M investment led by Intel Capital to revolutionize construction with AI
Nickie Louise Posted On July 11, 2024


Israeli construction tech startup Buildots has secured a $15 million investment led by Intel Capital, with participation from OG Tech Partners and existing investors. This marks Intel Capital’s first foray into the construction tech sector. The venture capital arm of […]


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Deep learning startup Chorology launches AI-powered data governance platform after $9M funding round
Nickie Louise Posted On July 10, 2024


Chorology, a new player in the data governance space, has officially launched its AI-driven data governance platform, designed to transform how enterprises manage their data. The startup recently emerged from stealth with a $9 million Series A investment and a […]


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Google abandons plans to buy HubSpot
Nickie Louise Posted On July 10, 2024


In a surprising turn of events, Google parent Alphabet has decided to walk away from its planned acquisition of online marketing software company HubSpot, according to a Bloomberg report that cites sources familiar with the matter. This news comes just […]


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AMD to acquire Finnish AI startup Silo AI for $665 million as AI race heats up
Nickie Louise Posted On July 10, 2024


Advanced Micro Devices (AMD) announced on Wednesday it has reached an agreement to acquire Finnish artificial intelligence startup Silo AI for approximately $665 million in cash. This strategic acquisition is aimed at bolstering the company’s AI chip capabilities to better […]


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TurboTax-parent Intuit to lay off about 1,800 jobs, or 10% of the workforce, as the company shifts focus to AI
Nickie Louise Posted On July 10, 2024


TurboTax parent company Intuit announced on Wednesday it’s laying off about 1,800 employees, or 10% of its workforce. This move comes as the company aims to reallocate resources to other critical areas including artificial intelligence. In recent years, Intuit has […]


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Elon Musk’s AI startup xAI ends talks on $10 billion server deal with Oracle
Nickie Louise Posted On July 9, 2024


Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have ended their discussion over a potential $10 billion server deal,  The Information reported on Tuesday. Following the news, shares of Oracle saw a significant dip, falling as much as […]


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