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Vice Media nears a $400 million deal to sell itself out of bankruptcy, report
Nickie Louise Posted On May 5, 2023


On Tuesday, we wrote about Vice Media after multiple reports that the media outlet was preparing to file for bankruptcy, two weeks after Buzzfeed News shuttered. Now, The Wall Street Journal (WSJ) reported Friday that Vice Media is close to […]


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Top tech startup news for Thursday, May 4, 2023: Captura, Impact Nano, Microsoft, OpenAI, and Shopify
Nickie Louise Posted On May 4, 2023


Good evening! Below are some of the top tech startup news stories for Thursday, May 4, 2023.   Carbon removal startup Captura raises funding from fossil fuel giants to take CO2 out of the ocean Climate change is one of […]


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OpenAI is trying to trademark GPT: OpenAI issues warning that “GPT” cannot be used for product or site names
Daniel Levi Posted On May 4, 2023


“If your project uses GPT-3, GPT-4, or ChatGPT you may choose to say in the Product description (not in the Product/Site name) that it is “Powered by GPT-3” or “Powered by GPT-4” or “Powered by ChatGPT” and/or “Powered by DALL-E” […]


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Microsoft opens up its ChatGPT-powered Bing search engine to the general public; the waiting list is over
Nickie Louise Posted On May 4, 2023


The waiting list is finally over. Microsoft finally removes the waiting list for its ChatGPT-powered Bing search engine. The new version of its Bing search engine, which features a chatbot powered in part by an OpenAI large language model, is […]


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Venom achieves a major milestone in its first public testnet launch with 223,446 wallets created
Daniel Levi Posted On May 4, 2023


Last week, we wrote about Venom after the Abu Dhabi-based Layer-1 blockchain organization launched its long-anticipated public testnet following many years of development. The launch marks a significant accomplishment in Venom’s roadmap as it prepares to launch on mainnet. Now, […]


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Chip materials startup Impact Nano raises $32M in funding from Goldman Sachs, Intel, and others
Nickie Louise Posted On May 4, 2023


The semiconductor industry is facing significant supply chain issues as a few foreign producers are responsible for providing chips, solar cells, and battery materials. This leaves companies vulnerable to supply chain disruptions. That’s why Massachusetts-based chip materials startup Impact Nano is […]


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Shopify to lay off more than 2,000 employees, or 20% of its workforce
Nickie Louise Posted On May 4, 2023


Canadian e-commerce company Spotify becomes the latest tech company to announce job cuts amid the ongoing economic slowdown and geopolitical uncertainties. Shopify announced Wednesday that it’s laying off more than 2,000 people, or 20% of its workforce. In addition, the […]


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Top tech startup news for Wednesday, May 3, 2023: Advance Intelligence, Meta, Pando, TIDAL, and Unity
Nickie Louise Posted On May 3, 2023


Good evening! Below are some of the top tech startup news stories for Tuesday, May 3, 2023.   FTC says Facebook misled parents and failed to guard kids’ privacy; proposes ban on Meta profiting from minors’ data The U.S. Federal […]


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Databricks acquires AI-centric data governance platform startup Okera
Nickie Louise Posted On May 3, 2023


San Francisco-based Databricks announced today that it has acquired Okera, the world’s first AI-centric data governance platform. The two companies did not disclose the terms of the acquisition. A spokesperson for Databricks said the completion of the acquisition is “imminent.” Databricks […]


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Pando raises $30M in funding to grow its AI-powered supply chain platform
Nickie Louise Posted On May 3, 2023


Supply chain disruptions have reached their peak in recent years, hindering business growth and limiting consumers’ access to quality products. In addition, siloed logistics software has also hampered business operations. In a recent survey conducted by Deloitte, over 70% of […]


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Music streaming platform TIDAL relaunches TIDAL RISING with funding for emerging artists
Nickie Louise Posted On May 3, 2023


TIDAL, a global music streaming platform owned by Jack Dorsey’s Block and musician Jay-Z, today announced the relaunch of  TIDAL RISING, a program that levels the playing field for all artists. Originally launched in 2015, TIDAL RISING was designed to […]


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Video game developer Unity Software to lay off 600 employees, or 8% of its workforce
Nickie Louise Posted On May 3, 2023


Video game developer Unity Software becomes the latest tech company to announce job cuts as the tech layoff trend continues without signs of slowing down. On Tuesday, Unity said it will lay off 600 employees, equivalent to 8% of its […]


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Hackers target users with ChatGPT malware: ChatGPT scams are now the new crypto scams, Meta says
Daniel Levi Posted On May 3, 2023


ChatGPT has soared in popularity in recent months. In just two months after its launch, ChatGPT went from an obscure AI tool to reaching 100 million monthly active users in January, making it the fastest-growing consumer application in history. But […]


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Singapore-based unicorn startup Advance Intelligence raises $80 million in funding
Nickie Louise Posted On May 3, 2023


While the rest of the startup space may be experiencing a funding drought, investments in artificial intelligence have increased more than sixfold since 2016, according to data from research firm Statista. Since the debut of ChatGPT in November of the […]


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Top tech startup news for Tuesday, May 2, 2023: Alibaba, Aligned, Chegg, Gigascale, Gigs, Inflection AI, and Simpplr
Nickie Louise Posted On May 2, 2023


Good evening! Below are some of the top tech startup news stories for Tuesday, May 2, 2023.   Chegg lost 40% of its value after the company says ChatGPT is killing its online education business Just last month experts warned that […]


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Inflection AI, an AI startup founded by LinkedIn and DeepMind co-founders, launches ChatGPT-like chatbot
Daniel Levi Posted On May 2, 2023


Move over, ChatGPT! Inflection AI, the artificial intelligence startup founded by LinkedIn co-founder Reid Hoffman and Google DeepMind co-founder Mustafa Suleyman, today released its first AI chatbot product called Pi similar to OpenAI’s ChatGPT. Inflection said that Pi uses generative […]


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Aligned lands $5.8 million to streamline sales process for B2B buyers and sellers
Nickie Louise Posted On May 2, 2023


While the business-to-consumer (B2C) sector has undergone significant changes over the years, the way buyers and sellers in the business-to-business (B2B) space collaborate has remained mostly unchanged, with communication still relying heavily on email threads, attachments, and spreadsheet links. The […]


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Simpplr raises $70M in funding to grow its AI-powered employee experience platform
Nickie Louise Posted On May 2, 2023


About 8 years ago, entrepreneur Dhiraj Sharma was approached by HR tech company Workday to create an intranet app to enhance the employee onboarding experience. This opportunity came at a perfect time for Sharma, as his interests in purpose and […]


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Gigs launches with $2.7M in funding to connect companies to job seekers looking for hourly jobs in their neighborhoods
Nickie Louise Posted On May 2, 2023


The United States continues to experience a persistent labor shortage exacerbated following the COVID-19 pandemic. According to the Society for Human Resource Management, 76.1 million workers aged 16 and older – representing more than half of all wage and salary […]


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Former Facebook CTO Mike Schroepfer launches Gigascale Capital, a VC firm that invests in climate-focused startups
Nickie Louise Posted On May 2, 2023


Climate change is one of the most significant challenges of our time. From drought and extreme weather events to rising sea levels that heighten the possibility of catastrophic flooding, the impacts of climate change are global in scope and cannot […]


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