November 29, 2024
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Apple in talks with Meta on major AI partnership
Nickie Louise Posted On June 24, 2024


While Apple and OpenAI have just made their partnership official, other tech giants are eagerly vying for a spot on the Apple Intelligence bandwagon — including some of Apple’s fiercest rivals. The latest is Meta. According to an exclusive report […]


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Nvidia-backed AI startup Synthesia now lets you create multilingual presentations from your phone
Nickie Louise Posted On June 24, 2024


In April, we wrote about Synthesia after the Nvidia-backed AI startup unveiled new emotion-reading AI avatars. Dubbed “Expressive Avatars,” Synthesia’s AI Avatars are designed to bridge the gap between the virtual and real worlds by conveying human emotions through text […]


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OpenAI acquires enterprise data startup Rockset to bolster real-time analytics
Nickie Louise Posted On June 21, 2024


OpenAI has acquired enterprise analytics startup Rockset to leverage data more effectively across its suite of products and  “power our retrieval infrastructure across products,” the company said in a blog post on Friday. The announcement comes just a day after […]


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Would you trust Elon Musk’s X to be your new bank?
Nickie Louise Posted On June 21, 2024


Elon Musk, the visionary billionaire behind Tesla and Neuralink, is setting his sights on a new industry: financial services. Now, Musk’s X (formerly Twitter) wants to be your new bank he eyes the expansion of the social network platform into […]


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Energy giant EDF subsidiary Exaion joins Cronos as a blockchain validator to bolsters security
Nickie Louise Posted On June 20, 2024


Exaion, a subsidiary of France’s state-owned energy giant EDF (Électricité de France), has partnered with Cronos to become a validator on its blockchain network as part of the effort to boost security. The collaboration will enable Cronos to enhance its […]


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Security startup Pomerium raises $13.75M in Series A funding led by Benchmark
Nickie Louise Posted On June 20, 2024


Pomerium, a security startup and a provider of access-first security platform, today announced it has secured $13.75 million in a Series A funding round led by Benchmark. Returning investors Bain Capital, Haystack, SNR, and Oleg Rogynskyy, founder of People.AI, also […]


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Anthropic launches Claude 3.5 Sonnet, a new AI model that is 3 times faster than previous models released 3 months ago
Daniel Levi Posted On June 20, 2024


AI startup Anthropic on Thursday announced the release of its latest artificial intelligence model, Claude 3.5 Sonnet, along with a new user-friendly layout aimed at enhancing productivity. This launch is the latest in a series of rapid advancements in the AI […]


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OpenAI co-founder Ilya Sutskever launches new AI startup, Safe Superintelligence (SSI)
Nickie Louise Posted On June 20, 2024


Just a month after his departure from OpenAI, former chief scientist and ChatGPT-4 creator Ilya Sutskever announced on Wednesday the launch of his new AI startup, Safe Superintelligence (SSI), focused exclusively on developing safe and powerful superintelligent AI. SSI is […]


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Top venture funding news for today, June 19, 2024: Entro Security, Talkiatry, MeetRecord, Marigold, and Tandem AI
Daniel Levi Posted On June 19, 2024


Good evening! Today’s news is lighter due to the Juneteenth holiday, a federal holiday in the United States commemorating the end of slavery. So, here are the top venture funding stories for June 19, 2024: Zilch raises $125M in debt […]


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London-based fintech startup Zilch raises $125M in debt financing ahead of potential IPO
Daniel Levi Posted On June 19, 2024


Zilch, a London-based buy-now-pay-later (BNPL) startup, has secured £100 million ($125 million) in securitized debt financing from Deutsche Bank ahead of the highly anticipated public listing. Valued at $2 billion (£1.65 billion) as of last October, Zilch plans to use […]


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Microsoft to buy 8 million carbon credits from BTG Pactual in a largest carbon removal deal ever
Nickie Louise Posted On June 19, 2024


Microsoft has secured millions of carbon credits from Brazilian investment bank BTG Pactual, marking the largest carbon removal transaction on record. In an announcement on Wednesday, BTG Pactual’s forestry division said it has reached an agreement to sell 8 million […]


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Nvidia is now the world’s most valuable company, surpassing Microsoft
Nickie Louise Posted On June 19, 2024


In a stunning turn of events, Nvidia has unseated Microsoft to become the world’s most valuable company. This milestone comes just two weeks after Nvidia surpassed Apple to secure the second-most valuable company position. On Tuesday, Nvidia’s shares surged by […]


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Sonic secures $12 million in Series A funding to boost gaming on Solana
Nickie Louise Posted On June 18, 2024


Sonic, the first gaming-focused layer-2 blockchain to launch on Solana, has secured $12 million in Series A funding. The round was led by BITKRAFT Ventures, with additional investments from Galaxy Interactive, Big Brain Holdings, and other notable firms. This latest […]


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Top venture funding news for today, June 18, 2024: Maxim AI, Huntress, Companion, Ramify, Hark, & Echion
Daniel Levi Posted On June 18, 2024


Good evening! It’s been over a year since our last edition of the Top Startup News of the Day, and we’ve been hard at work behind the scenes to introduce a new feature: the Startup Directory. This tool allows you […]


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Amazon generated $140 billion in revenue from seller fees in 2023, putting small businesses on edge
Daniel Levi Posted On June 18, 2024


In 2023, Amazon’s revenue from seller fees skyrocketed to a staggering $140 billion, marking a significant 25% of its total revenue. This surge in fees has placed immense pressure on small businesses, with 33% now on high alert due to […]


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AI startup You.com is raising $50M in funding to pivot from AI-powered search engine to AI assistant market
Daniel Levi Posted On June 18, 2024


In 2021, we reported on You.com, an AI startup that raised $20 million in funding to take on Google with a more customizable search engine that summarizes web content. Three years later, You.com appears to be pivoting towards the AI […]


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Cybersecurity startup Huntress raises $150M in Series D funding; doubles its valuation to over $1.5 billion
Nickie Louise Posted On June 18, 2024


Cybersecurity startup Huntress has secured $150 million in Series D funding to secure IT infrastructure and bolster security for small businesses and the service providers that support them. The round, led by Kleiner Perkins, Meritech Capital, and existing investor Sapphire […]


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AI startup Decagon emerges from stealth with $35M in funding to revolutionize customer service with AI
Nickie Louise Posted On June 18, 2024


The gold rush for artificial intelligence shows no signs of slowing down as investors and VC firms pour billions into innovative generative AI startups. One of the latest beneficiaries of this funding wave is Decagon, a tech startup specializing in […]


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ChatGPT is down again, second outage in about two weeks
Nickie Louise Posted On June 17, 2024


After a major outage left millions without access, OpenAI’s ChatGPT appears to be down again for the second outage in about two weeks. OpenAI’s ChatGPT is experiencing a significant outage, lasting around four hours. As we deal with these disruptions […]


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Microsoft-owned GitHub lays off 80% of its employees in India
Daniel Levi Posted On June 17, 2024


Even offshored jobs are feeling the heat as companies increasingly turn to artificial intelligence (AI) to streamline operations and trim their workforce. The latest instance is Microsoft-owned GitHub, which is laying off a significant portion of its Indian employees. According […]


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