November 17, 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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Nvidia invests $50 million in biotech startup Recursion to train AI models for drug discovery
Nickie Louise Posted On July 12, 2023


Back in June, we wrote about Nvidia after the chipmaker, along with other tech giants poured $1.3 billion into Inflection, an AI startup founded by LinkedIn and DeepMind co-founders. Now, with Nvidia boasting a staggering market capitalization exceeding one trillion […]


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How to improve your startup’s cybersecurity with ChatGPT
Daniel Levi Posted On July 12, 2023


The Artificial Intelligence hype might be at its peak, but this technology has been widely used in cyber security for years. It’s integral for streamlining processes that have to be automated. The technology is also the key to extensive data analysis […]


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Sapphire Ventures to invest over $1 billion in enterprise AI startups as AI boom picks up steam
Nickie Louise Posted On July 11, 2023


The AI boom sparked by the sudden success of OpenAI ChatGPT shows no signs of fading. Since the launch of ChatGpt in November of last year, investors have billions of dollars into generative AI startups. The latest is Sapphire Ventures, […]


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Microsoft confirms it’s laying off more workers in addition to the 10,000 job cuts announced in January
Nickie Louise Posted On July 11, 2023


While the tech stocks have had a great year so far, the same cannot be said about tech employees as they face more job cuts. In a surprised announcement on Monday, Microsoft confirmed that it is eliminating additional jobs in […]


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Top Generative AI Startups of 2023
Daniel Levi Posted On July 10, 2023


The recent AI boom, sparked by the unprecedented success of OpenAI’s ChatGPT, has ushered in a revolutionary era in the field of artificial intelligence (AI). This transformative wave is comparable to the inception of AI itself back in 1951 when […]


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TPG to buy Forcepoint’s government cyber unit in a deal valued at $2.45 billion
Nickie Louise Posted On July 10, 2023


Private equity firm TPG is set to acquire the government cybersecurity business of Forcepoint, a software company owned by Francisco Partners, in a deal worth $2.45 billion, the company said on Monday. While the specific terms of the agreement have […]


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500 Views


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Alibaba launches Tongyi Wanxiang, an AI image-generation tool to compete with OpenAI’s DALL-E & Midjourney
Nickie Louise Posted On July 10, 2023


Chinese tech giant Alibaba on Friday announced the launch of its latest artificial intelligence (AI) tool called Tongyi Wanxiang. The tool is designed to generate images based on text prompts, putting it in direct competition with OpenAI’s DALL-E and Midjourney […]


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Meta’s Twitter rival Threads explodes to 100 million signups; privacy concerns emerged over collection of users’ health & fitness’ and financial info’
Daniel Levi Posted On July 10, 2023


Meta’s new Twitter competitor Threads exploded in growth since its public debut on Wednesday night, thanks in large part to the massive Instagram user base. The news comes just a few days after Elon Musk imposed rate limits on users in […]


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Israel’s consumer tech startup Oddity eyes $1.7 billion U.S. IPO
Nickie Louise Posted On July 10, 2023


Oddity Tech, an Israel consumer-tech startup that helps in the development and expansion of digital-first brands, is working with bankers to put together a plan for its initial public offering (IPO) in the United States. In an announcement made on Monday, […]


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The Best Twitter Alternatives of 2023
Daniel Levi Posted On July 8, 2023


Twitter is one of the oldest social media networks. The microblogging platform currently has over 450 million monthly active users. Since Elon Musk acquired Twitter for $44 billion in October 2022, some users have raised concerns about the changes to […]


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EU and Belgium invest $1.6 billion in ‘brains-on-chips’ technology firm Imec
Nickie Louise Posted On July 7, 2023


Imec, a Belgian chip technology firm that is creating human-specific living brain models, has received a fresh capital infusion from the European Union and Belgium’s regional Flemish government to support its research in nanoelectronics and nanotechnology. The European Union and […]


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Twitter competitor Bluesky raises $8M; launches paid custom domains in a bid to remain sustainable
Nickie Louise Posted On July 6, 2023


Jack Dorsey’s backed Twitter competitor Bluesky said on Wednesday that it has raised $8 million in seed funding. The news of the funding follows its conversion from a public benefit LLC to a public benefit C Corp “in order to […]


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Meta’s Threads is already censoring users just a few hours after launch
Daniel Levi Posted On July 6, 2023


While the launch of Meta’s direct challenge to Twitter has received widespread media attention and celebration, it didn’t take long before Threads started to censor anyone with unapproved thoughts, raising new concerns about the platform’s censorship practices. A Twitter user, […]


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Meta launches Twitter rival Threads; gaining 30 million users in just one day
Nickie Louise Posted On July 6, 2023


After weeks of speculations, Meta finally launched its highly-anticipated Twitter rival called Threads on Thursday. The launch proved to be an instant hit, attracting over 10 million users within a matter of seven hours. The impressive user base accounts for […]


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Low-cost eCommerce startup Temu expands to Japan following a successful launch in Europe
Nickie Louise Posted On July 6, 2023


Back in April, we wrote about Temu after the ultra-low-cost e-commerce platform startup owned by Pinduoduo made its debut in Europe following a successful U.S. launch. The move was part of Temu’s push to make inroads into the overseas market […]


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Thermo Fisher Scientific acquires data intelligence company CorEvitas for $912.5 million in cash
Nickie Louise Posted On July 6, 2023


Thermo Fisher Scientific, a global company specializing in medical equipment and analytical instruments, announced Thursday that it is acquiring data intelligence company CorEvitas from Audax Private Equity in a cash transaction worth $912.5 million. The Massachusetts-based CorEvitas provides data and […]


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645 Views


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Gooten raises $11M in funding to provide on-demand manufacturing to e-commerce brands and retailers
Daniel Levi Posted On July 5, 2023


Gooten, a New York-based tech startup that provides automated fulfillment to e-commerce brands and retailers, today announced it has raised $11 million in Series A funding to fuel the growing demand for its on-demand manufacturing solutions. The round was led by […]


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668 Views


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Threads, Meta’s new Twitter competitor, to launch on Thursday, July 6th: Here’s to get access now
Nickie Louise Posted On July 5, 2023


Meta will release its new text-based microblogging app called Threads on Thursday, July 6th, positioning it as a competitor to Twitter. The app is currently available for pre-order on the Apple App Store in the US and will be linked […]


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576 Views


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Chinese AI startup Fourth Paradigm to go public in Hong Kong after receiving regulatory approval in China
Nickie Louise Posted On July 5, 2023


Chinese AI startup Beijing Fourth Paradigm has received regulatory approval for its initial public offering (IPO) listing in Hong Kong, according to a July 3 filing on the China Securities Regulatory Commission (CSRC) website. With this approval, Fourth Paradigm now […]


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ChatGPT Lawsuit: OpenAI sued for scraping and stealing private data from millions of people without their consent
Daniel Levi Posted On July 3, 2023


OpenAI, the maker of the popular ChatGPT, has found itself in hot water again for allegedly scraping “300 billion words from the internet, including books, articles, websites, posts,” and personal information of people without consent. The lawsuit was filed in […]


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