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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Sora: OpenAI unveils video AI model Sora that will let you create videos from text prompts
Nickie Louise Posted On February 15, 2024


OpenAI on Thursday unveiled its latest creation, Sora, boasting its capability to craft convincing and imaginative 60-second videos based on brief text prompts. In a blog post, the creator of the popular ChatGPT said the Sora is capable of translating textual […]


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Founder Story: Interview with Alex Alioto, co-founder and Head of Growth at Whimstay
Nickie Louise Posted On February 15, 2024


Welcome to another installment of our Founder Stories series, where we delve into insightful interviews with startup founders and entrepreneurs. In addition, we engage in discussions with executives who are at the forefront of shaping the future of technology and […]


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OpenAI vs Google: OpenAI is reportedly developing a web search engine to challenge Google’s dominance
Nickie Louise Posted On February 15, 2024


In a potential game-changing move that could impact billions of Internet users, OpenAI is said to be in the process of developing a web search product. This initiative would position the creator of the widely used ChatGPT in direct competition […]


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US Military Cloud Data Breach: Pentagon Notifies 20,600 People Impacted by Email Data Breach
Daniel Levi Posted On February 15, 2024


The US Department of Defense (DOD) has recently alerted over 20,000 present and past employees, job applicants, and collaborators regarding a data breach that occurred earlier in 2023, according to a story first reported by DefenseScoop. The breach notification, sent […]


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Bending Spoons raises $155M in funding, valuing the Italian app development startup at $2.55 billion
Daniel Levi Posted On February 15, 2024


Italian mobile app developer Bending Spoons said on Thursday that it has secured $155 million in its latest capital increase, thereby elevating the company’s valuation to a substantial $2.55 billion. The latest funding boost brings the company’s overall valuation now […]


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Microsoft makes €3.2 billion AI bet on Germany, its largest investment in Germany in 40 years
Nickie Louise Posted On February 15, 2024


In a move to bolster Germany’s economy amid its steepest decline in two decades, Microsoft has announced a significant investment of 3.2 billion euros ($3.44 billion) over the next two years. This marks Microsoft’s largest investment in Germany over the […]


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Top 5 Best Crypto Wallets that Make Seed Phrases a Thing of the Past
Nickie Louise Posted On February 15, 2024


The seed phrase, the default means by which non-custodial crypto wallets are accessed, is a beautiful thing. It allows anyone to control their digital assets while ensuring that no other party can access the funds. But the seed phrase is […]


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Should I start my own business? Here are the top 10 things to consider before starting your own business in 2024
Daniel Levi Posted On February 14, 2024


Embarking on the path of entrepreneurship is a journey filled with both excitement and uncertainty. The prospect of being your own boss, and shaping your destiny is undeniably alluring, but it’s essential to recognize that success doesn’t come without its […]


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Microsoft and OpenAI say hackers are using ChatGPT to improve cyberattacks and hone their craft
Daniel Levi Posted On February 14, 2024


Microsoft and OpenAI disclosed today that state-sponsored hackers are using advanced language models such as ChatGPT to enhance their cyberattacks. The joint research revealed instances of Russian, North Korean, Iranian, and Chinese-backed groups utilizing tools like ChatGPT for target research, […]


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The rise and fall of 23andMe: How DNA testing startup 23andMe went from $6 billion valuation to penny stock
Daniel Levi Posted On February 14, 2024


23andMe, a genetic testing company that was once riding high with a valuation, is now fighting for its survival. Only a short while back, 23andMe stood out as one of Silicon Valley’s most promising startups. However, the DNA testing firm […]


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OpenAI founding member Andrej Karpathy departs to ‘work on personal projects’
Nickie Louise Posted On February 14, 2024


Andrej Karpathy, an AI researcher and one of the founding members of OpenAI, announced on Tuesday his departure from the company via a post on X (formerly Twitter). Karpathy said he’s leaving the company to start a new chapter and […]


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Instacart lays off 250 employees, or 7% of its workforce, less than 6 months after going public
Nickie Louise Posted On February 14, 2024


Instacart said on Tuesday that it plans to lay off 250 employees, or about 7% of its workforce. The restructuring is aimed at directing the company’s focus towards what they consider to be promising initiatives. The announcement comes just five […]


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Digital banking startup Revolut launches eSIMs for data abroad without roaming fees
Nickie Louise Posted On February 13, 2024


In a rare move for a fintech company, UK-based digital banking startup Revolut revealed on Tuesday its plans to introduce travel eSIM plans in the United Kingdom. This initiative is aimed at providing users with access to data while abroad, […]


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AI testing startup Antithesis nabs $47M seed funding to use AI to catch software bugs; now valued at $215M
Daniel Levi Posted On February 13, 2024


Antithesis, a software testing startup that uses AI to catch bugs, has secured $47 million in seed funding, valuing the company at an impressive $215 million. The massive investment underscores the robust confidence that investors have in Antithesis’ capabilities and […]


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Nvidia briefly surpasses Amazon in market value as AI boom rages on
Nickie Louise Posted On February 13, 2024


Nvidia reached a significant milestone on Monday, briefly surpassing Amazon.com in market value and becoming the fourth most valuable company in the United States. The latest surge in value, driven by excitement surrounding artificial intelligence, propelled Nvidia to a market […]


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AI startup Quilter secures $10M funding led by Benchmark to revolutionize circuit board design with AI
Nickie Louise Posted On February 13, 2024


Circuit board design startup Quilter announced on Tuesday it raised $10 million in funding to advance a revolutionary approach to circuit board design using artificial intelligence (AI). The funding marks a significant step forward for Quilter, positioning it alongside tech […]


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OpenAI’s Sam Altman seeking to raise up to $7 trillion from UAE, others for AI chip fabrication
Daniel Levi Posted On February 12, 2024


OpenAI CEO Sam Altman is reportedly planning to raise up to $7 trillion in new funding following a $5 billion investment in R&D to advance semiconductor technologies made in the USA, the Wall Street Journal reported on Thursday. The unprecedented […]


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Jeff Bezos sells about $2 billion of Amazon shares as tech stocks rally
Nickie Louise Posted On February 12, 2024


Amazon founder Jeff Bezos has sold roughly $2 billion worth of the e-commerce giant following the stock rally that started late last year. Bezos made headlines as he offloaded close to 12 million shares of Amazon soon after he unveiled […]


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Crypto.com launches Prime, an uncapped 1% deposit bonus for high-net-worth investors
Nickie Louise Posted On February 12, 2024


As cryptocurrency continues its journey toward widespread adoption, crypto giant Crypto.com is taking steps to empower investors in their quest to establish long-lasting financial legacies. In line with this objective, Crypto.com announced the launch of Prime, an exclusive program available […]


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Bugcrowd raises $102 million in Series E funding to grow its crowdsourced cybersecurity platform
Nickie Louise Posted On February 12, 2024


Bugcrowd, a 12-year-old crowdsourced security startup that helps companies enhance their security measures through its bug bounty program, has secured $102 million in Series E funding. The round was led by General Catalyst, with participation from existing investors Rally Ventures […]


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