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Instacart lays off 250 employees, or 7% of its workforce, less than 6 months after going public
Nickie Louise Posted On February 14, 2024


Instacart said on Tuesday that it plans to lay off 250 employees, or about 7% of its workforce. The restructuring is aimed at directing the company’s focus towards what they consider to be promising initiatives. The announcement comes just five […]


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Digital banking startup Revolut launches eSIMs for data abroad without roaming fees
Nickie Louise Posted On February 13, 2024


In a rare move for a fintech company, UK-based digital banking startup Revolut revealed on Tuesday its plans to introduce travel eSIM plans in the United Kingdom. This initiative is aimed at providing users with access to data while abroad, […]


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AI testing startup Antithesis nabs $47M seed funding to use AI to catch software bugs; now valued at $215M
Daniel Levi Posted On February 13, 2024


Antithesis, a software testing startup that uses AI to catch bugs, has secured $47 million in seed funding, valuing the company at an impressive $215 million. The massive investment underscores the robust confidence that investors have in Antithesis’ capabilities and […]


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Nvidia briefly surpasses Amazon in market value as AI boom rages on
Nickie Louise Posted On February 13, 2024


Nvidia reached a significant milestone on Monday, briefly surpassing Amazon.com in market value and becoming the fourth most valuable company in the United States. The latest surge in value, driven by excitement surrounding artificial intelligence, propelled Nvidia to a market […]


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AI startup Quilter secures $10M funding led by Benchmark to revolutionize circuit board design with AI
Nickie Louise Posted On February 13, 2024


Circuit board design startup Quilter announced on Tuesday it raised $10 million in funding to advance a revolutionary approach to circuit board design using artificial intelligence (AI). The funding marks a significant step forward for Quilter, positioning it alongside tech […]


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OpenAI’s Sam Altman seeking to raise up to $7 trillion from UAE, others for AI chip fabrication
Daniel Levi Posted On February 12, 2024


OpenAI CEO Sam Altman is reportedly planning to raise up to $7 trillion in new funding following a $5 billion investment in R&D to advance semiconductor technologies made in the USA, the Wall Street Journal reported on Thursday. The unprecedented […]


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Jeff Bezos sells about $2 billion of Amazon shares as tech stocks rally
Nickie Louise Posted On February 12, 2024


Amazon founder Jeff Bezos has sold roughly $2 billion worth of the e-commerce giant following the stock rally that started late last year. Bezos made headlines as he offloaded close to 12 million shares of Amazon soon after he unveiled […]


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Crypto.com launches Prime, an uncapped 1% deposit bonus for high-net-worth investors
Nickie Louise Posted On February 12, 2024


As cryptocurrency continues its journey toward widespread adoption, crypto giant Crypto.com is taking steps to empower investors in their quest to establish long-lasting financial legacies. In line with this objective, Crypto.com announced the launch of Prime, an exclusive program available […]


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Bugcrowd raises $102 million in Series E funding to grow its crowdsourced cybersecurity platform
Nickie Louise Posted On February 12, 2024


Bugcrowd, a 12-year-old crowdsourced security startup that helps companies enhance their security measures through its bug bounty program, has secured $102 million in Series E funding. The round was led by General Catalyst, with participation from existing investors Rally Ventures […]


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OpenAI hits $2 billion revenue milestone as demand for generative AI skyrockets
Nickie Louise Posted On February 9, 2024


OpenAI achieved a significant milestone, reaching a $2 billion revenue in December as demand for generative AI skyrockets. The Microsoft-backed OpenAI also surpassed $2 billion on an annualized basis, the Financial Times reported on Friday, citing two sources familiar with […]


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Google rebrands Bard AI to Gemini, launches a new app and subscription
Daniel Levi Posted On February 8, 2024


Google on Thursday announced a major rebranding of Bard, its artificial intelligence chatbot and assistant, along with the introduction of a new app and subscription options. Formerly known as Bard and a key competitor to OpenAI’s ChatGPT, the AI chatbot […]


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Disney invests $1.5 billion in Epic Games to create new “Games & Entertainment Universe”
Nickie Louise Posted On February 8, 2024


Entertainment giant Disney announced on Wednesday that it is investing $1.5 billion in Fortnite maker Epic Games, making it the company’s largest-ever investment in gaming.  As part of the deal, the two companies will join forces to develop a new […]


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Transak expands into Hong Kong to accelerate APAC’s emerging digital asset market and fuel Web3 revolution
Nickie Louise Posted On February 8, 2024


The Asia Pacific (APAC) region is gaining prominence in the global digital asset landscape, with regulatory changes drawing interest from diverse stakeholders. Hong Kong, renowned as a key financial center, is capitalizing on its status to attract companies looking to […]


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USPTO rejects OpenAI’s “GPT” trademark application
Nickie Louise Posted On February 7, 2024


OpenAI, the organization behind the ChatGPT platform, has hit a roadblock in its efforts to trademark “GPT” as the company faces challenges over its claims of “GPT” ownership. GPT is an acronym for “Generative Pre-trained Transformer,” representing their family of […]


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Microsoft to train 2 million people in India’s small cities with AI skills
Nickie Louise Posted On February 7, 2024


The rapid advancements in AI, including the introduction of large language models (LLM), are reshaping how people work and altering broader business models. That’s why Microsoft has unveiled ambitious plans aimed at upskilling 2 million individuals in India’s smaller cities, […]


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Patientory Wallet launches telehealth service for GLP-1, raises additional funding
Nickie Louise Posted On February 7, 2024


Over the past decade, the United States has been actively contending with obesity rates, with almost 40% of US adults being obese and a further 31.5% being overweight. To combat rising rates and promote healthier lifestyles, Patientory – a telehealth […]


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Robot delivery startup Starship Technologies raises $90 million to deliver groceries to your doorstep
Nickie Louise Posted On February 7, 2024


Estonian robot delivery startup Starship Technologies has successfully secured $90 million in funding, marking a significant achievement after the company surpassed 11 million miles and completed over six million autonomous deliveries worldwide. The investment round was co-led by existing backers […]


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London-based RegTech startup docStribute secures $1M in pre-Series A funding to accelerate growth
Nickie Louise Posted On February 7, 2024


London-based startup called docStribute has recently secured $1 million (£820k) in Pre-Series A funding from financial service angels. The latest funding brings the total investment in the company to £1.7 million, marking a significant milestone for the company. With this […]


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Founder Stories  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Founder Story: Interview with Fred Hsu, co-founder and CEO of D3 on Web3 domains
Daniel Levi Posted On February 6, 2024


Welcome to the first edition of our Founder Stories series! Launched last month, Founder Stories showcases interviews with real founders and entrepreneurs, as well as discussions with executives shaping the future of technology and making global impacts. Today, we have […]


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Is Machine Learning Demand Starting to Outpace Moore’s Law?
Nickie Louise Posted On February 6, 2024


Muhammad Ali had been world heavyweight champion for just one year when Gordon Moore, co-founder and CEO of Intel, made a postulation that came to be known as Moore’s Law. Namely, the number of transistors on an integrated circuit (IC) […]


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