November 15, 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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BlackRock-backed EV startup Jolt launches on-street chargers in UK
Nickie Louise Posted On November 14, 2023


Jolt, an Australian EV charging startup, announced on Tuesday it is rolling out on-street EV chargers in London, England. The move is part of the company’s broader strategy to install 5,000 chargers across the United Kingdom within the next three […]


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Student uses AI to decipher lost text in ancient Greco-Roman scroll, wins $40K Prize
Daniel Levi Posted On November 14, 2023


Luke Farritor, a 21-year-old computer science student from the University of Nebraska-Lincoln, has successfully used an Nvidia GeForce GTX 1070 and artificial intelligence (AI) to decipher texts from the ancient Herculaneum scrolls, winning a $40,000 prize in the Vesuvius Challenge. […]


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Salesforce names veteran Denise Dresser as Slack CEO, replacing Lidiane Jones
Nickie Louise Posted On November 14, 2023


Denise Dresser, a seasoned executive with a long history at Salesforce, has been appointed as the new chief executive officer (CEO) of Slack, Salesforce co-founder and CEO Marc Benioff announced on Monday. Dresser assumes the role of CEO at Slack […]


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Joby Aviation’s electric air taxi soars over New York skyline, launch date set for 2025
Nickie Louise Posted On November 13, 2023


Electric air taxis could soon take New Yorkers from JFK to Manhattan in 7 minutes by 2025, all thanks to Joby Aviation, one of the leading electric vertical takeoff and landing (eVTOL) makers. Over the weekend, Joby Aviation took to […]


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World’s largest bank ICBC pays ransom after LockBit hack disrupted the markets, cybercriminals claim
Nickie Louise Posted On November 13, 2023


China’s largest lender, the Industrial and Commercial Bank of China (ICBC), reportedly paid a ransom to cybercriminals who targeted the bank in a recent hack, according to a statement from a representative of the LockBit ransomware gang to Reuters on […]


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Snapchat parent company lays off product team staff as tech layoffs surge to nearly 250,000
Nickie Louise Posted On November 13, 2023


Snap, the parent company of Snapchat, has laid off nearly 20 employees who held product management titles as part of the company’s effort to reorganize and streamline its operations, Snap announced in a statement last week. According to The Information […]


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Nvidia unveils H200 GPU, the world’s most powerful AI chip for training large language models
Daniel Levi Posted On November 13, 2023


Nvidia On Monday unveiled the H200, its latest graphics processing unit (GPU) designed specifically for training and deploying advanced artificial intelligence models, a crucial component in the current boom of generative AI. This new GPU, which is based on NVIDIA […]


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Ray Therapeutics secures $4M from CIRM to develop optogenetic therapy treatment for geographic atrophy
Nickie Louise Posted On November 13, 2023


Age-related macular degeneration (AMD) is a prevalent cause of vision loss among individuals over the age of 65 globally. Over 18 million people in the United States alone are estimated to have milder forms of AMD, with a substantial portion […]


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Google in talks to invest in AI startup Character.AI
Nickie Louise Posted On November 13, 2023


Google is in discussions to invest hundreds of millions of dollars in Character.AI, according to an exclusive report from Reuters. The details regarding the terms and the overall amount of the investment were not revealed. Character.AI is an AI chatbot […]


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SpaceX’s valuation to reach $500 billion by 2030, billionaire investor Ron Baron says
Nickie Louise Posted On November 10, 2023


Elon Musk’s space company SpaceX is expected to reach a valuation of $500 billion by 2030, billionaire investor Ron Baron said in an interview with CNBC on Friday. Baron, who reportedly holds over $1 billion worth of shares in the rocket […]


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Fintech startup EduFi secures $6.1 million to launch student loans with “Study Now, Pay Later”
Nickie Louise Posted On November 10, 2023


In the past two decades, the average cost of college in the United States has tripled, reaching $35,720 per student annually, showing a yearly growth rate of 6.8%. Despite the availability of scholarships, this upward trend has particularly disadvantaged thousands […]


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Sumo Logic confirms data breach after hackers used stolen credentials to access its AWS account
Nickie Louise Posted On November 10, 2023


Hackers claimed another casualty this week as data analytics and security firm Sumo Logic becomes the latest victim of a data breach. The company confirmed it suffered a security breach and urged users to rotate their API keys after discovering […]


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Humane, an AI startup founded by 2 former Apple designers, launches a $699 Humane AI Pin to replace your smartphone
Nickie Louise Posted On November 10, 2023


Humane AI is an artificial intelligence (AI) startup founded by former Apple designers and married couple Imran Chaudhri and Bethany Bongiorno. After months of hype and speculations, the five-year-old company is now out with its first product, the self-proclaimed “smartphone […]


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Zeekr, a Geely-owned luxury brand EV startup, eyes IPO
Daniel Levi Posted On November 9, 2023


Zeekr, the luxury electric vehicle brand owned by Chinese automaker Geely, is making plans to make a  public debut. The EV startup is set to disclose some details this week regarding its intentions to list shares in New York, according […]


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OpenAI blames targeted DDoS attack for ongoing ChatGPT outages
Nickie Louise Posted On November 9, 2023


OpenAI has been experiencing major outages within the last 24 hours. Now, the maker of the popular ChatGPT is blaming the outage on a targeted distributed denial of service (DDoS) attack for the ongoing ChatGPT outage. In a statement released […]


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Fintech startup Ellia AI secures $1.5M from Eleven Ventures and Fuel Ventures to automate M&A and PE deal workflow
Nickie Louise Posted On November 9, 2023


AI spending in the finance sector has been notably high in recent years, second only to the tech sector. At the same time, mergers and acquisitions (M&A) advisors and investors often face significant time constraints due to the overwhelming volume […]


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SoftBank suffers $5.2 billion loss from WeWork bankruptcy
Nickie Louise Posted On November 9, 2023


SoftBank Group announced a quarterly loss of $5.2 billion on Thursday, marking its fourth consecutive quarter in the negative. The Japanese conglomerate took a hit due to the fallout from the bankruptcy of WeWork, once one of its highest-flying investments. […]


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Baby Shark creator Pinkfong and TinyTap team up to bring early learning and entertainment apps to the digital world
Nickie Louise Posted On November 8, 2023


Fostering creativity and critical thinking is crucial in aiding early childhood development. Studies have also shown the significance of learning and entertainment apps for young children, showing their immense value in enhancing creativity, nurturing critical thinking, and supporting early development. […]


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Meta will start requiring advertisers to disclose the use of AI in political ads
Daniel Levi Posted On November 8, 2023


Political ads generated by artificial intelligence won’t be making their way onto Facebook and Instagram, all thanks to a new policy introduced by Meta Platforms, the parent company of Facebook. Meta announced on Wednesday that starting in 2024, advertisers will […]


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Zeus Living, a real estate startup backed by Airbnb, is shutting down after raising $150M in total funding
Daniel Levi Posted On November 8, 2023


With the well of venture funding running dry due to the global economic downturn, tech startups are battling for their existence. Unfortunately, some buckle under the pressure and eventually have to close their operations and go out of business. One […]


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