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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Reddit finally files to go public; reveals $90.8 million in losses
Nickie Louise Posted On February 23, 2024


Popular social aggregation platform Reddit has officially filed for its long-anticipated initial public offering (IPO), submitting its S-1 filing to the Securities and Exchange Commission (SEC) following years of anticipation. The company intends to trade on the New York Stock […]


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Google suspends image generation in Gemini AI due to inaccuracies in historical image depictions 
Nickie Louise Posted On February 22, 2024


Google’s latest venture into artificial intelligence, with its Gemini AI tool, has grabbed headlines. However, just days after unveiling its much-anticipated image generation feature, the tech giant is already facing backlash from angry users. In response to mounting criticism, Alphabet’s […]


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AI startup Jasper acquires image generator Clipdrop from Stability AI for text & image creation
Nickie Louise Posted On February 22, 2024


AI writing assistant startup Jasper announced on Thursday it has acquired the AI-powered photo application Clipdrop from Stability AI. This bold move signifies Jasper’s transition from solely focusing on text editing to embracing image creation and photo editing. The terms […]


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How to grow and scale your startup in 2024 by leveraging the power of white label products and services
Daniel Levi Posted On February 22, 2024


Startup founders are renowned for their ability to craft MVPs, minimum viable products that draw in early adopter customers with just enough features. The goal? Validate a product idea swiftly in the development cycle to steer clear of investing excessive […]


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Reddit strikes a $60 million AI content licensing deal with Google
Nickie Louise Posted On February 22, 2024


Only three days following initial reports of social media platform Reddit’s $60-million AI content licensing deal with an undisclosed AI company, Reuters has now disclosed the identity of the AI firm. In an exclusive report last night, Reuters revealed that […]


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Binance Charity teams up with Superhumans Foundation, donates $150,000 to help Ukrainian citizens impacted by war
Nickie Louise Posted On February 22, 2024


February 24th marks two years of the Russian-Ukrainia war. In the last two years, millions of Ukrainians have been displaced from their homes, and businesses have been forced to close their doors. In light of these challenges, Binance Charity. the […]


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Loora raises $12M in Series A funding to expand its generative AI English tutoring platform
Nickie Louise Posted On February 21, 2024


The worldwide market for learning English is forecasted to exceed $70 billion by 2030. This growth is being fueled by a continued desire among people to improve their English skills, opening up better job prospects and social opportunities. Additionally, the […]


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Google releases ‘open’ AI model Gemma, joining Meta in the open-source AI race
Nickie Louise Posted On February 21, 2024


In a move that mirrors Meta’s earlier release, Google has ventured into the world of open-source AI, unveiling new AI models that are available for anyone keen on experimenting and innovating. On Wednesday, Google released Gemma, a new set of […]


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Getty-backed AI startup BRIA raises $24M in Series A funding for ‘responsible’ AI image generation
Nickie Louise Posted On February 21, 2024


Israel-based generative AI startup BRIA has secured $24 million in Series A funding to expand its responsible and ethical visual generative AI platform. The round was led by GFT Ventures, Intel Capital, and Entree Capital, along with support from notable […]


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EdTech startup Mindgrasp AI scales from zero to 500,000 users in 12 months. Here’s how
Daniel Levi Posted On February 20, 2024


In 2021, Mindgrasp AI emerged from the vibrant corridors of the Maryland Innovation Center with a lofty goal – to serve as an artificial intelligence learning assistant for both students and professionals. Little did this EdTech startup from Maryland know […]


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Walmart acquires TV maker Vizio for $2.3 billion to boost its ad business
Nickie Louise Posted On February 20, 2024


Walmart said on Tuesday that it has agreed to acquire TV manufacturer Vizio for $2.3 billion in a strategic move aimed at boosting its lucrative advertising business. As part of the deal, Walmart will acquire Vizio at $11.50 per share, […]


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Microsoft invests $2.1 billion to boost Spain’s AI industry 
Nickie Louise Posted On February 20, 2024


Just days after Microsoft made a massive €3.2 billion investment in AI in Germany, the tech giant is now directing billions toward Spain. Microsoft revealed plans on Monday to inject $2.1 billion into expanding its artificial intelligence (AI) and cloud […]


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Brain Breakthrough: First Neuralink patient controls mouse with thoughts, Musk says
Nickie Louise Posted On February 20, 2024


Less than a month after the first human received a brain implant from Neuralink, company founder and CEO Elon Musk revealed on Tuesday that the recipient can now manipulate a computer mouse solely through their thoughts. During a live session on […]


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Disney star turned CEO: Bridgit Mendler rockets into space tech with the launch of satellite startup Northwood Space
Nickie Louise Posted On February 20, 2024


Bridgit Mendler, best known for her roles in “Good Luck Charlie” and “Wizards of Waverly Place,” has made a surprising career shift from Hollywood to space technology. Having reached millions through her various roles, she is now on a mission […]


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Lynex integrates ZK Proofs after partnering with Web3 security firm Salus
Nickie Louise Posted On February 19, 2024


Linea-based DEX and on-chain liquidity marketplace Lynex will receive a shot in the arm in the security stakes, after confirming a collaboration with blockchain security company Salus. The partnership will see the DeFi platform integrate Zero-Knowledge (ZK) technology for the […]


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Reddit strikes a deal to sell user content to large AI company for $60 million a year
Daniel Levi Posted On February 19, 2024


Over the past two decades, Reddit users have created a trove of content, sharing thoughts, ideas, memes, and other creations without financial reward. Now, this valuable data has reportedly been licensed for AI training, sparking backlash and a wave of […]


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SoftBank founder seeking to raise $100B for AI chip initiative to challenge Nvidia’s AI chip dominance
Nickie Louise Posted On February 19, 2024


SoftBank founder and CEO is reportedly seeking to raise a staggering $100 billion for a new AI chip venture that could potentially challenge Nvidia’s dominance in the industry, Bloomberg reported, citing sources close to the matter. The project, codenamed “Project […]


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427 Views


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OpenAI soars to $80 billion valuation in latest deal
Nickie Louise Posted On February 19, 2024


OpenAI has closed a deal that values the Microsoft-backed company at a staggering $80 billion or even more, nearly tripling its valuation in less than 10 months, according to an exclusive report from the New York Times. This marks a significant […]


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Micro SaaS Ideas to Build in 2024: Top 50 Micro SaaS Examples Generating $1000s in MRR
Daniel Levi Posted On February 17, 2024


In 2024, the landscape for building micro SaaS (Software as a Service) products has never been more promising. Since our last update on Best 50 Micro SaaS Ideas and Side Projects in October 2023, significant shifts have occurred in the tech […]


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Toast Layoffs: Restaurant software giant cuts 10% of its workforce amid increasing competition and slow growth
Nickie Louise Posted On February 16, 2024


Restaurant software giant Toast announced on Thursday that it plans to lay off 550 employees, or about 10% of its workforce. The company cited increasing competition and slowing growth as the main reasons for the restructuring. Toast now joins a […]


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