Elon Musk’s SpaceX-owned internet venture, Starlink, has achieved a significant milestone, surpassing 2 million active users in over 60 countries across all seven continents. What’s so remarkable about this achievement is that, in just four months, Starlink grew from 500,000 […]
The global issue of plastic pollution is an alarming crisis that impacts both humans and wildlife across the planet. Every year, more than 400 million tons of plastic are produced with a large portion thrown into the oceans, posing a […]
The venture capital funding drought is not over yet but one of Europe’s largest venture capital funds dedicated to B2B software is bucking the trend with the announcement of millions in funding to invest in promising early-stage tech startups. Dawn […]
Just a month after raising $100 million from South Korea’s SK Telecom to take on ChatGPT, Anthropic, an AI startup backed by Google, has attracted the attention of Amazon.com with blockbuster investment. Amazon announced on Monday that it is investing up […]
Rumble, a conservative video streaming platform with backing from billionaire Peter Thiel, announced it has rejected a request from the British Parliament to remove comedian Russell Brand from its platform. The news comes just a day after the British Parliament […]
In the ever-evolving sphere of technology and innovation, few phenomena have wielded a more profound influence than blockchain. But beyond this disruption, blockchain has become a fertile ground for tech startups, illuminating the path toward an innovative future. In recent […]
In a clear illustration of the growing consolidation of wealth within a handful of major tech corporations, a recent chart published by Bloomberg highlights the fact that the top five big tech companies now collectively account for approximately a quarter […]
Apple workers in France began a nationwide strike on the day the iPhone 15 was released to demand better pay and working conditions. The Apple French employees are demanding a 7% wage increase and an end to the hiring freeze […]
Singapore-based food delivery startup Foodpanda confirmed on Friday that it is conducting a new round of layoffs as part of the company’s effort to cut costs and stay competitive. The company did not disclose the number of affected employees or […]
In a significant legal development about the growing concern of AI using copyrighted works without permission, a trade association representing U.S. authors has filed a lawsuit against OpenAI in the federal court of Manhattan over copyright infringement. The suit, representing […]
Mesh, a crypto startup facilitating the transfer of digital assets and the acceptance of cryptocurrency payments, has successfully closed a Series A funding round, securing a total of $22 million in investments. This funding marks a pivotal step for Mesh […]
ChatGPT Plus users can now bring vivid and lifelike images to life directly from text prompts using a new text-to-image AI generator. On Wednesday, OpenAI released DALL-E 3, its latest text-to-image generator that harnesses the capabilities of its wildly popular […]
In a strategic move aimed at bolstering its software division and tapping into the growing demand for artificial intelligence, Cisco Systems announced Thursday it has agreed to buy cybersecurity firm Splunk in an all-cash deal valued at $28 billion, Reuters […]
Roblox has acquired Y Combinator-backed voice tech startup Speechly to bolster its platform with voice chat moderation features. The news of the acquisition just two years after the gaming giant announced it was integrating voice chat on its Roblox platform. […]
Marketing automation startup Klaviyo finally made its US market debut on Wednesday. The Boston, MA-based startup successfully completed its initial public offering (IPO) with a valuation of $9.2 billion, surpassing its originally indicated price range. The company announced the pricing of […]
German autonomous vehicle startup Fernride has secured $50 million in Series A funding to further enhance the deployment of its “human-assisted” self-driving freight trucks within customer logistics yards, the company announced on Wednesday. Originally, the Munich-based startup had closed its […]
In 2022, we featured a story about ZERØ, a California-based legal AI startup that streamlines labor-intensive tasks for lawyers. This innovative company was founded, in part, due to the work of one co-founder in the realm of cancer image detection […]
Last December, we dedicated an article to reflect upon the startups that didn’t make it through 2022. The previous year posed unique challenges for technology companies, particularly startups. As we’ve consistently highlighted, the startup landscape is notorious for its high […]
Are you ready to pay to use X (formerly Twitter)? The popular social media platform is planning to introduce a monthly fee for all users. Elon Musk said yesterday that all X’s users will soon have to pay “a small […]
Global Frontier Technology Ventures (GFT), a deep technology venture capital firm based in Palo Alto, California, has raised $140 million for its first fund, Fund I. The inaugural fund will focus on supporting early-stage startups in the fields of Artificial […]
