November 29, 2024
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OpenAI and Microsoft sued by Center for Investigative Reporting over copyright infringement
Daniel Levi Posted On June 28, 2024


First, it was the major music labels targeting AI startups for copyright infringement. Now, the news industry has secured a formidable ally in its fight against AI giant OpenAI in a major pushback against AI companies and their alleged exploitative […]


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Fluently, an AI startup founded by YCombinator alum, raises $2M seed round for AI-powered speaking coach for calls
Nickie Louise Posted On June 28, 2024


With 84 million non-native employees working in English-speaking environments, companies spend a staggering $10 billion annually on corporate English training to enhance communication and boost confidence. Now, one tech startup aims to transform how near-native speakers refine their English language […]


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SpaceX soars to record $210 billion valuation, making it the second most valuable private company after ByteDance
Daniel Levi Posted On June 28, 2024


SpaceX is selling insider shares at $112 apiece in a new tender offer, significantly boosting the company’s valuation to nearly $210 billion, according to sources cited by Bloomberg. This new valuation positions SpaceX as the second most valuable private company […]


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Nokia acquires Infinera in $2.3 billion deal to tap into AI-driven data center boom
Nickie Louise Posted On June 28, 2024


Nokia announced on Thursday it has agreed to acquire U.S.-based optical networking gear maker Infinera Corp in a deal valued at $2.3 billion to bolster its optical network business and tap into an AI-fueled data center boom. This strategic acquisition […]


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Fhenix to Host ‘Encryption Day’ as a Side Event at EthCC Brussels on July 9, 2024
Daniel Levi Posted On June 27, 2024


Fhenix, the pioneering Fully Homomorphic Encryption (FHE) Layer 2 blockchain, today announced Encryption Day as a side event alongside EthCC in Brussels. Scheduled for July 9 at Ace Events on Av. d’Auderghem 22, this developer-focused gathering promises deep insights into […]


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Pear Commerce secures $10M in funding to deliver omnichannel shopping experience across platforms and devices
Nickie Louise Posted On June 27, 2024


For years, online retailers have frequently overlooked the consumer experience. The fragmented customer journey has resulted in an inconsistent customer experience leading to frustration and inefficiency. However, modern consumers now expect a seamless shopping experience across all channels including platforms […]


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NASA awards SpaceX nearly $1B contract to decommission the Space Station (ISS) and crash it into the sea
Nickie Louise Posted On June 27, 2024


NASA has awarded SpaceX a nearly $1 billion contract for the planned decommission and removal of the International Space Station (ISS) from orbit at the end of its operational life in 2030, a significant vote of confidence for Elon Musk’s […]


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BioTech  / Energy  / Environment  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Austrian biotech startup Vertus Energy gets €8.75M seed funding to generate renewable energy from waste
Nickie Louise Posted On June 27, 2024


Vertus Energy, an Austrian industrial biotech startup specializing in Waste-to-X solutions, has raised €8.75 million in seed funding to boost biogas production and drive the delivery of the European renewable energy objectives. The round was led by Energy Capital Ventures, with […]


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SoftBank to invest up to $30 million in search engine startup Perplexity AI at a  $3 billion valuation
Nickie Louise Posted On June 27, 2024


Japanese tech giant SoftBank Group Corp’s Vision Fund 2 is set to invest between $10 million and $20 million in U.S.-based search startup Perplexity AI, Bloomberg reported on Thursday. The investment marks Masayoshi Son’s latest strategic move in a sector […]


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Graphene found in China’s Chang’e-5 moon samples contradicts lunar origin theory that the moon was formed by a cosmic collision between Earth and a smaller planet
Daniel Levi Posted On June 26, 2024


For decades, the prevailing theory has been that the moon was formed by a cosmic collision between Earth and a smaller planet. However, a groundbreaking discovery by Chinese scientists may challenge this long-held belief, further raising questions about the lunar […]


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ICQ shuts down: ICQ is shutting down after 28 years of offering instant messaging service
Nickie Louise Posted On June 26, 2024


ICQ, the pioneering instant messaging platform fondly remembered by early internet users as “I Seek You,” has officially ceased operations today, June 26, 2024. The shutdown marks the end of an era that began almost 28 years ago. Launched in […]


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Entegris receives $75M in Chips Act grant to boost US semiconductor manufacturing amid surging demand for AI chips
Nickie Louise Posted On June 26, 2024


The U.S. government has granted up to $75 million in funding to Entegris, an American supplier in chip manufacturing, to support the establishment of a new plant in Colorado. The move is part of the CHIPS Act initiative aimed at […]


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Google ends continuous scrolling on search results; reverts to the classic page-based results
Nickie Louise Posted On June 26, 2024


In December 2022, Google introduced continuous scrolling for desktop search results. However, the change was not well received. Now, the tech giant has decided to reverse that decision, opting instead to return to the classic page-based search results. According to […]


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Blockchain  / Gaming  / Startups  / Tech Startup News  / Tech Startups  / Technology News  / Web3
Transak teams up with Sequence to streamline Web3 gaming payments
Daniel Levi Posted On June 26, 2024


Life just got a whole lot easier for Web3 gamers as Sequence, Unity’s exclusive Web3-enabled SDK, teamed up with Transak to tackle payment complexities and streamline payments for Web3 games. In an announcement today, Transak said it has formed a […]


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Blockchain  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News  / Web3
How ZK Can Collaborate with Other Technologies to Build the Future of Web3
Daniel Levi Posted On June 26, 2024


Zero-Knowledge (ZK) technology has emerged as a powerful tool in the Web3 ecosystem, granting protocols enhanced data security and privacy, not to mention that elusive quality blockchains often lack: scalability. As the decentralized web continues to evolve, the integration of […]


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Coder gets $35M to modernize enterprise development environment & streamline software development
Nickie Louise Posted On June 25, 2024


Austin-based tech startup Coder.com has raised $35 million in Series B2 funding round to enhance its cloud-based development platform. This funding round, led by newcomer Georgian, brings Coder’s total Series B funding to $65 million. Existing investors Uncork Capital, Notable […]


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EvolutionaryScale, an AI for biology startup, raises $142M in funding to revolutionize drug discovery and life sciences
Nickie Louise Posted On June 25, 2024


EvolutionaryScale, an emerging AI startup at the intersection of biology and life sciences, announced on Tuesday that it has secured an impressive $142 million in seed funding. The funding will be used to develop advanced AI models capable of generating […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Etched, an AI chip startup founded by college dropouts, raises $120 million in funding to take on Nvidia
Nickie Louise Posted On June 25, 2024


Nvidia has long been the uncontested leader in the AI GPU market, but a new contender has just emerged. Etched, a two-year-old startup founded by Harvard dropouts, is stepping into the ring to challenge the chipmaking giant’s dominance with substantial […]


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Pioneering the Future of Borderless Real-World Asset Transactions
Nickie Louise Posted On June 25, 2024


Real-world assets (RWAs) have the potential to become a borderless and boundless disruptive technological advancement — but they face global barriers to adoption. These barriers arise in the face of international transactions, regulatory navigation, and verification practices. However, Web3 can […]


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Cybersecurity  / Hacking  / Security  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Hacker group LockBit claims to have hacked the US Federal Reserve; threatens to release 33TB of sensitive data
Daniel Levi Posted On June 24, 2024


The infamous hacker group LockBit announced it breached the United States Federal Reserve. On its Tor data leak site, the group claimed to have exfiltrated a staggering 33 terabytes of sensitive information, which allegedly includes confidential banking details of American […]


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