November 10, 2024
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OpenAI considers becoming a for-profit company, paving way for IPO
Nickie Louise Posted On June 17, 2024


OpenAI CEO Sam Altman privately told some shareholders that the company is considering a potential change in its governance structure to a for-profit business independent of its nonprofit board, The Information reported on Friday. One proposed scenario is transforming OpenAI […]


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Naver’s Webtoon Entertainment targets up to $2.67 billion valuation in US IPO
Nickie Louise Posted On June 17, 2024


Webtoon Entertainment, the online comics platform owned by South Korean tech giant Naver, announced on Monday its plans to seek a valuation of up to $2.67 billion in its upcoming U.S. initial public offering. The platform originally debuted in South […]


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Bill Gates: “Cows have a digestion system that emits methane. We need to change cows and work towards artificial meat”
Daniel Levi Posted On June 15, 2024


“Cows have a digestion system that emits methane. We need to change cows and work towards artificial meat” ~ Bill Gates. In May 2021, Bill Gates officially stepped down from the board of Microsoft, the tech giant he co-founded nearly […]


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Dublin-based fintech startup CleverCards raises $8.6M in funding to help businesses issue prepaid cards and prevent abuse
Nickie Louise Posted On June 14, 2024


CleverCards, a Dublin-based fintech startup that helps businesses stop employees from abusing corporate expenses, has secured €8 million ($8.6 million) in new funding. The investment is a remarkable show of confidence in the 5-year-old startup amidst a broader fintech funding […]


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Tempus AI makes IPO debut, valuing the precision medicine startup at $6 billion
Nickie Louise Posted On June 14, 2024


After years of anticipation, AI-driven precision medicine startup Tempus AI is finally making its debut on the U.S. market. Backed by heavyweights like Google and SoftBank Group, Tempus AI has set the price of its initial public offering (IPO) at […]


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Transform Your Business with Professional UI/UX Design Services for Maximum Impact
Daniel Levi Posted On June 13, 2024


Apps that download for more than 5 seconds simply do not survive. Quick information entry, transaction optimization, and all platform accessibility—this is just a short list of the required features. But where can you get all of this? In this […]


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Amazon’s AWS invests $230 million in cloud credits for generative AI startups
Nickie Louise Posted On June 13, 2024


Amazon announced on Thursday an investment of $230 million in Amazon Web Services (AWS) cloud credits aimed at supporting generative AI startups. This initiative underscores the intensifying competition among cloud providers to attract AI clients from their inception. The program […]


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From Bridge to Bridgeless Tech – The Innovation of Cross-Chain Infrastructure for dApps
Daniel Levi Posted On June 13, 2024


In recent years, the burgeoning Web3 ecosystem has continued to witness a paradigm shift in the operation of decentralized applications (dApps), swiftly moving from a bridge-dependent infrastructure to a bridgeless one. Imagine a future where developers can create a dApp […]


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Pixelverse secures $5.5M in funding to fuel growth and accelerate mass adoption of Web3 gaming
Nickie Louise Posted On June 12, 2024


Web3 gaming continues to dominate even as traditional gaming giants struggle to keep up. Now, Pixelverse, an emerging entertainment studio and game ecosystem, just ignited the scene with a multi-million dollar investment that promises to accelerate the mass adoption of […]


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WeWork exits Bankruptcy with new leadership, names John Santora as new CEO
Daniel Levi Posted On June 12, 2024


WeWork, once a $47 billion shared office space giant, has emerged from bankruptcy and is setting a new course for its future. The company exited bankruptcy on Tuesday after reducing its debt and appointed John Santora, a veteran from Cushman […]


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French AI startup Mistral AI raises $650 million to ‘push the frontier of AI,’ tripling its valuation to $6 billion
Nickie Louise Posted On June 12, 2024


French AI startup Mistral AI has raised 600 million euros ($643.7 million) in a Series B funding round led by existing investor General Catalyst, almost tripling its valuation to 5.8 billion euros, a big increase from its 2 billion euros […]


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German AI startup Black Semiconductor raises $274M in funding to launch next-generation chips based on graphene
Nickie Louise Posted On June 12, 2024


Germany’s AI startup Black Semiconductor has raised €254 million ($273 million) in funding to develop next-generation chip technology using a carbon material called graphene, the company announced on Wednesday. The funding includes €229 million in public grants from the German […]


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AI startup AlphaSense raises $650M in funding at $4 billion valuation; agrees to buy rival Tegus for $930 million
Nickie Louise Posted On June 11, 2024


AI-driven market intelligence startup AlphaSense announced on Tuesday that it has raised $650 million in a new funding round, elevating its valuation to a robust $4 billion. This marks a $1.5 billion increase from its valuation following a $150 million […]


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Here’s everything Apple announced at WWDC 2024
Nickie Louise Posted On June 11, 2024


Following months of speculation, Apple on Monday unveiled its much-anticipated AI strategy and a suite of AI-powered features and software enhancements for the iPhone and its other devices at the Worldwide Developers Conference (WWDC) 2024. A Focus on Artificial Intelligence […]


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Apple unveils “Apple Intelligence” at WWDC 2024, partners with OpenAI to integrate ChatGPT across iPhone and other devices
Nickie Louise Posted On June 10, 2024


Apple finally unveiled its long-awaited AI technology strategy at the Worldwide Developers Conference (WWDC) 2024, launching “Apple Intelligence,” which seamlessly integrated AI across Apple’s suite of apps, including Siri. During the event, Apple also confirmed a partnership with OpenAI to […]


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Humane, the hardware startup behind the AI Pin, in talks with HP and telecoms for potential sale
Daniel Levi Posted On June 10, 2024


Humane, the AI startup founded by former Apple designers, is reportedly looking for a potential buyer following the lukewarm reception of its AI Pin wearable, according to CNBC, citing sources familiar with the situation. Sources disclosed to CNBC that Humane […]


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Cognizant to acquire acquire digital engineering firm Belcan for $1.3 billion
Nickie Louise Posted On June 10, 2024


Cognizant Technologies, a leading information technology services provider, announced on Monday it has reached an agreement to acquire digital engineering firm Belcan for approximately $1.3 billion in a combination of cash and stock. This strategic acquisition will broaden Cognizant’s reach […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
AI startup Harvey in talks to raise $600 million in funding at $2 billion valuation
Nickie Louise Posted On June 10, 2024


Harvey, a generative AI startup targeting legal, tax, and finance professionals, is reportedly in talks to raise $600 million in funding. According to an exclusive report by The Information, this new infusion of capital would push the San Francisco-based startup’s […]


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The Future of Calls? Nokia CEO Makes World’s First ‘Immersive’ Phone Call
Nickie Louise Posted On June 10, 2024


In a landmark achievement, Nokia CEO Pekka Lundmark made the world’s first “immersive audio and video” phone call using a new technology called “immersive audio and video,” the company said in a statement. In an announcement on Monday, Nokia said […]


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What Are Garbled Circuits, and Why Are They Important?
Daniel Levi Posted On June 9, 2024


Garbled circuits are a privacy-preserving cryptographic technique that was originally theorized as a solution to the hypothetical Millionaire’s Problem, where two millionaires want to see who has the higher net worth – but without actually revealing the dollar amount to […]


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