Telegram is on track to cross one billion active monthly users within a year, Pavel Durov, the billionaire founder of the messaging app, said on Tuesday. In a recent interview with U.S. journalist Tucker Carlson, Durov projected the messaging app’s […]
French AI tech startup Mistral AI is in advanced discussions with potential investors to raise several hundred million dollars at a valuation of $5 billion, according to a report from The Information. The news comes hot on the heels of its […]
In a strategic move poised to reshape the digital landscape, Squadhelp has just announced its transformation into Atom.com. The rebrand arrives hot on the heels of the company’s $10 million funding round led by digital asset brokerage powerhouse Hilco Digital, […]
Microsoft has announced a $1.5 billion strategic investment in Abu Dhabi-based AI startup G42, making it Microsoft’s fourth multibillion-dollar investment outside the US. This collaboration aims to spark innovation and deliver cutting-edge AI solutions leveraging Microsoft Azure across the Middle […]
In May 2023, we covered the story of Dharmesh Shah, co-founder and CTO of HubSpot, when he acquired the domain name chat.com for over $10 million. It was a big bet on the future of digital conversation that got many […]
Rubrik, a cybersecurity startup backed by Microsoft, revealed on Tuesday it is going public at a valuation of up to $5.44 billion in an initial public offering (IPO) in the United States. This move comes when the IPO market is […]
AI chip startup Rivos has raised $250 million in funding to address the ongoing chip shortage in generative AI markets. This financial boost, part of an oversubscribed Series A-3 funding round, was led by Matrix Capital Management, with a lineup […]
Salesforce is in the final stages of negotiations to acquire cloud data-management firm Informatica, according to The Wall Street Journal, which first reported the news on Friday. The news of the potential acquisition sparked a flurry of market activity. Shares […]
Google has just rolled out a massive upgrade to its Google Photos platform. The tech giant announced on Wednesday that it is rolling out a suite of cutting-edge AI-powered editing tools for free to all Google Photos users at no […]
Cameron and Tyler Winklevoss, the billionaire twins known for their legal battles with Mark Zuckerberg over the creation of Facebook, are back in the spotlight. This time, they’re making waves with a new investment in a small British soccer club. […]
Samsung has once again overtaken Apple as the world’s largest smartphone maker. In a major shakeup in the smartphone market, Samsung has dethroned Apple as the world’s largest smartphone maker, according to the latest report from IDC. Samsung’s ascent to […]
Just two weeks after Elon Musk’s AI venture xAI unveiled Grok-1.5, Musk’s persistent push to validate open-source AI’s prowess against the titans of the field receives a fresh boost with Grok’s latest evolution. This time, xAI has released Grok-1.5 Vision, […]
Tesla has reportedly laid off “more than 10%” of its global workforce, according to a report from Electrek. Citing an “internal company-wide email,” Electrek claimed that Elon Musk attributed the layoffs to a “duplication of roles and job functions in […]
In a major development that is set to revolutionize aerial photography, HyLight, a trailblazer in aerial inspection utilizing hydrogen airship drones, has secured a fundraising round totaling 3.7 million euros ($4 million) from venture capitalists and business angels. Notable backers […]
In February, OpenAI made a big splash with the unveiling of Sora, an impressive AI tool that can transform text prompts into engaging videos. With Sora, users can breathe life into their ideas, watching as the AI crafts dynamic 60-second […]
OpenAI has terminated two of its researchers, Leopold Aschenbrenner and Pavel Izmailov over alleged information leaks, according to a report from The Information. The saga further underscores ongoing tensions within the company. Aschenbrenner, known for his role in the AI […]
Since TechStartups launched nearly a decade ago, we’ve had the pleasure of welcoming millions of users from diverse backgrounds. However, we’ve noticed that not everyone is familiar with the terminology used in the startup world. Jumping into the startup scene […]
Decentralized computing network io.net is making headlines again. Following its recent collaboration with the AI-driven design platform KREA to tackle the global GPU shortage and enhance AI capabilities, io.net has teamed up with another major player in the AI industry. […]
Government procurement in the United States presents a significant opportunity for businesses, with approximately 10% of the federal government’s massive $6.5 trillion annual budget allocated for procurement. This amounts to a staggering $665 billion spent annually on goods and services […]
Shiba Inu (SHIB), a leading player in the DeFi space, is making waves by becoming the inaugural Web3 enterprise to team up with the Content Distribution & Security Association (CDSA), marking a significant stride in pioneering blockchain innovations within the […]
