November 14, 2024
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Startup Spotlight


Startup Spotlight profiles emerging tech startup companies around the world. Do you run a standout startup? Email us at Info@techstartups.com

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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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Electric Car  / Electric Vehicles  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
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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Amazon lays off hundreds of employees in its AWS cloud computing unit
Nickie Louise Posted On April 3, 2024


Amazon has laid off staff in its Amazon’s cloud computing unit, AWS.  In an announcement on Wednesday, the company confirmed the job cuts affected several hundred employees from its physical stores technology and sales and marketing departments. The retail giant […]


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JPMorgan Chase launches digital ad platform to connect brands with its 80 million customers
Nickie Louise Posted On April 3, 2024


In a strategic move aimed at leveraging its massive customer base, JPMorgan Chase launched a new targeted digital ad platform called Chase Media on Wednesday. This digital media business platform will enable advertisers to target the bank’s 80 million customers […]


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Yahoo acquires AI news app Artifact from Instagram co-founders a year after shutdown
Nickie Louise Posted On April 3, 2024


In a strategic move aimed at bolstering its news aggregation capabilities, Yahoo has snapped up Artifact, an AI news app founded by Instagram co-founders Mike Krieger and Kevin Systrom. The acquisition, announced jointly by the two companies, signals Yahoo’s intent […]


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375 Views


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Binance Inscription Marketplace now supports ARC-20 tokens
Nickie Louise Posted On April 3, 2024


Binance, the world’s largest crypto exchange with a massive user base of over 185 million, today announced that its Binance Inscription Marketplace now fully supports ARC-20 tokens. Unlike other token types, ARC-20 tokens operate on the ARC-20 protocol, enabling users […]


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Top 100 AI Companies of 2024
Nickie Louise Posted On April 2, 2024


The AI revolution is happening right before our eyes, and leading the charge are the companies that dare to push the limits of what we once thought was possible. Last year, we featured leading AI startups dominating the landscape of […]


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Free AI tools for startups: Amazon offers credits for startups to use top AI models including Anthropic
Daniel Levi Posted On April 2, 2024


Amazon Web Services (AWS) announced on Tuesday the expansion of its free credits program to encompass the expenses associated with utilizing major AI models in a strategic move aimed at fortifying its foothold in the startup ecosystem. The news comes […]


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707 Views


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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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GOMBLE gets $10M to fuel Web3 gaming push
Nickie Louise Posted On April 2, 2024


In a move that signals a new era in gaming, Gomble Games, a spinoff of the renowned game studio ‘111%’, has secured a $10 million in cumulative investment to advance its vision for Web3 gaming. The initial round in 2023 […]


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Apple’s new AI model ReALM outperforms GPT-4
Nickie Louise Posted On April 2, 2024


Apple has once again set the tech world abuzz with its latest foray into artificial intelligence. In the wake of its MM1 multimodal large language models (LLMs) launched in March, which drew comparisons to the likes of GPT-4V and Gemini, […]


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515 Views


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Reddit stock crashes nearly 25% a week after IPO debut
Daniel Levi Posted On April 1, 2024


It seems like the euphoria surrounding Reddit’s stock market debut has come crashing down. The social aggregation giant, Reddit, set the stage for its Initial Public Offering (IPO) on March 21st, with shares initially skyrocketing as high as 70% in […]


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598 Views


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Microsoft splits Teams from Office Suite after EU pressure
Nickie Louise Posted On April 1, 2024


In response to mounting antitrust scrutiny, Microsoft announced on Monday that it plans to decouple its chat and video app, Teams, from its Office suite globally. This move comes six months after a similar unbundling effort in Europe aimed at […]


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OpenAI’s $100 Billion Supercomputer: Microsoft to build ‘Stargate’ to power OpenAI’s next generation of AI systems
Nickie Louise Posted On April 1, 2024


In an ambitious move set to reshape the landscape of artificial intelligence (AI), Microsoft is reportedly gearing up to build a colossal $100 billion supercomputer dubbed “Stargate,” according to a report from The Information. Stargate is reportedly the fifth and […]


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Elon Musk’s AI startup xAI unveils Grok-1.5, the next-gen AI chatbot
Nickie Louise Posted On March 29, 2024


Elon Musk’s pioneering artificial intelligence startup xAI has unveiled its latest Grok-1.5 chatbot. The enhanced version, which will soon be rolling out to users on the X platform (formerly Twitter), boasts improved reasoning capabilities. In an announcement on his social […]


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Google.org launches generative AI accelerator program with $20 million in funding for 21 nonprofits
Nickie Louise Posted On March 28, 2024


Google.org, the philanthropic arm of Google, today announced the launch of the Google.org Accelerator: Generative AI, a dynamic six-month program designed to bolster nonprofits engaged in pioneering applications of generative AI. The initiative comes hand in hand with a substantial […]


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725 Views


Cryptocurrency  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
FTX founder Sam Bankman-Fried sentenced to 25 years in prison for crypto fraud; to forfeit more than $11 billion
Nickie Louise Posted On March 28, 2024


“I’m sorry about that. I’m sorry about what happened at every stage.” In a dramatic turn of events, Sam Bankman-Fried, the once-revered entrepreneur behind the bankrupt FTX cryptocurrency exchange, has been sentenced to 25 years in prison by Judge Lewis […]


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756 Views


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Amazon invests another $2.75 billion in AI startup Anthropic, its largest venture investment to date
Nickie Louise Posted On March 28, 2024


In a strategic move aimed at maintaining its dominance in the rapidly evolving landscape of artificial intelligence (AI), Amazon announced it is investing an additional $2.75 billion into AI startup Anthropic. This fresh injection of capital supplements Amazon’s initial $1.25 […]


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Sam Bankman-Fried to be sentenced today for $8 billion FTX fraud; faces 110 years in prison
Nickie Louise Posted On March 28, 2024


Former crypto billionaire Sam Bankman-Fried is bracing for his sentencing on Thursday following his conviction for stealing $8 billion from customers of the now-defunct FTX exchange, a company he founded five years ago. At 32, Bankman-Fried stares down the possibility […]


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