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Celsius founder and CEO Alex Mashinsky arrested and charged with fraud; sued by the SEC
Nickie Louise Posted On July 13, 2023


Alex Mashinsky, the founder and former CEO of the now-bankrupt crypto lending startup Celsius Network, was arrested and charged with fraud on Thursday morning by US authorities following a probe into the company’s collapse, Bloomberg reported. In another report confirmed […]


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Elon Musk launches xAI, a new AI startup company to ‘understand the true nature of the universe’
Nickie Louise Posted On July 12, 2023


Elon Musk, the owner of Twitter, and Tesla and SpaceX CEO, today announced the launch of a new AI company called xAI with the goal of understanding the depths and the fundamental nature of the universe. According to the xAI […]


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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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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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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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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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Hashed Emergent To Launch The First Ever “India Blockchain Week (IBW)” Conference
Daniel Levi Posted On July 6, 2023


Hashed Emergent is thrilled to announce the upcoming flagship event in its week-long series of web3-focused conferences in Bangalore, the vibrant hub of India’s thriving tech and startup ecosystem. Often referred to as the “Silicon Valley of the East,” Bangalore […]


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World Mobile Appoints Ex-SoftBank India Head Manoj Kohli as Advisor
Nickie Louise Posted On July 6, 2023


World Mobile, a decentralized wireless network operator, announced today the appointment of Manoj Kohli as an advisor. Manoj brings with him an extensive background in the telecommunications industry, with over four decades of experience. He has held prestigious positions such […]


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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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How Elon Musk rate limit on Twitter exposes massive AI data scraping by the Censorship Industrial Complex
Daniel Levi Posted On July 3, 2023


Over the weekend, Twitter owner Elon Musk imposed limits on the number of posts that users could read in what he described as a temporary move that targets “extreme levels of data scraping and system manipulation” by other companies and […]


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Amsterdam-based tech startup Aito bags €6M to bring its finger sensing and haptic touch solutions to market
Daniel Levi Posted On June 30, 2023


Amsterdam-based tech startup Aito has secured a new round of funding backed by existing investors KBC Focus Fund, FORWARD.One and Innovation Industries as well as individual high net worth investors. The latest round, which brings the company’s total funding to […]


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