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Startups News
Nickie Louise @ Startups News · 10/15/2024 09:05 EDT

Adyen co-founder’s new tech startup Tebi secures $22 million in funding to expand its global footprint

Tebi, a new business software startup founded by Adyen co-founder Arnout Schuijff, has raised €20 million ($22 million) in funding from Index Ventures to fuel its growth and expand beyond the Netherlands. Schuijff, who left Adyen in 2020, originally created ... Read more

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Startups News
Nickie Louise @ Startups News · 10/15/2024 08:08 EDT

Google goes nuclear to power AI data centers

Google has entered into an agreement with Kairos Power to harness nuclear energy for its AI-driven data centers. The goal is to have the first small nuclear reactor up and running by 2030. With AI demanding ever-greater amounts of energy, ... Read more

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Startups News
Nickie Louise @ Startups News · 10/14/2024 12:10 EDT

Israeli tech startup Lidwave closes $10M in seed funding to transform machine vision with on-chip 4D LiDAR

There’s a strong consensus that LiDAR is key for autonomous machines across various sectors, but its true potential remains limited by high costs, complexity, and reliability concerns. Traditional LiDAR systems are intricate, built from a mix of lasers, detectors, and ... Read more

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Startups News
Nickie Louise @ Startups News · 10/14/2024 09:53 EDT

ServiceNow, CoreWeave, and others to invest $8.2 billion in UK data centers to accelerate AI growth

Less than a week after securing $650 million in funding from major Wall Street banks, Nvidia-backed AI startup CoreWeave is joining forces with enterprise software giant ServiceNow to make a multi-billion dollar investment in the UK, aimed at speeding up ... Read more

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Startups News
Nickie Louise @ Startups News · 10/14/2024 08:42 EDT

SpaceX catches returning Starship rocket booster in mid-air, turning a sci-fi idea into reality

SpaceX pulled off a groundbreaking engineering feat on Sunday, turning what once seemed like science fiction into reality. In a pivotal moment for the future of space travel, SpaceX’s Super Heavy rocket booster was caught mid-air by a launch tower ... Read more

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Startups News
Nickie Louise @ Startups News 1 place · 10/11/2024 17:07 EDT

Boeing to lay off 17,000 employees, or 10% of its total workforce, as losses deepen during factory strike

Boeing is set to cut 10% of its workforce, about 17,000 employees, as it faces mounting losses and an ongoing machinist strike that has halted aircraft production for five weeks. The news comes less than a month after the beleaguered ... Read more

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Startups News
Nickie Louise @ Startups News 2 place · 10/11/2024 13:43 EDT

Nvidia-backed AI startup CoreWeave gets $650 million funding boost from top Wall Street banks

In May 2023, we reported on CoreWeave after the Nvidia-backed AI startup raised $200 million in funding amid the ongoing AI boom. However, as the demand for AI grows, so does the need for GPUs powering AI data centers. Over ... Read more

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Startups News
Nickie Louise @ Startups News 3 place · 10/11/2024 13:12 EDT

BlackRock now controls a record $11.5 trillion worth of assets

BlackRock, the world’s largest asset manager, has reached a new milestone, managing a record $11.5 trillion in assets, driven by significant fourth-quarter inflows into its exchange-traded funds (ETFs). Often referred to as the “fourth branch of government,” BlackRock’s assets under ... Read more

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Startups News
Nickie Louise @ Startups News · 10/11/2024 12:20 EDT

23andMe’s Fall: From $6 billion genetic testing company to near collapse; What happens to your DNA data?

Earlier this year, we covered the dramatic rise and fall of 23andMe, a genetic testing company once valued at $6 billion. A lot has changed since then. On September 17, 2024, the entire board of directors resigned after founder and ... Read more

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Startups News
Nickie Louise @ Startups News · 10/11/2024 10:06 EDT

Swedish EV battery startup Northvolt in talks to raise 200 million euros in short-term funding

A year ago, we covered Northvolt after the company secured $1.2 billion in funding from BlackRock and other investors to ramp up its factory operations. Now, the Swedish lithium-ion battery startup, founded by a former Tesla executive, is facing a ... Read more

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Startups News
Nickie Louise @ Startups News · 10/11/2024 09:04 EDT

Climbing The Crest Of Crypto Casinos

Cryptocurrency has made itself at home in the online casino world, especially in North America and Europe. Online crypto casinos offer players the option of crypto gaming, a new term coined to describe betting with various cryptocurrencies on games, sports, ... Read more

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Startups News
Daniel Levi @ Startups News · 10/11/2024 08:53 EDT

How Startups Promote Innovation in the Gaming Industry

Not too long ago, game development was something that only big companies like Nintendo or Sega could explore. Those who wanted to play complex electronic games would have nothing but video games to kill the craving. However, the gaming world ... Read more

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Startups News
Nickie Louise @ Startups News · 10/11/2024 08:35 EDT

Tesla’s Optimus bot impresses at ‘We, Robot’ event: “Trying to be as human as you guys are”

After months of anticipation, Tesla finally revealed its Optimus bot at the ‘We, Robot’ event on Thursday, hosted by Warner Bros.The presentation didn’t disappoint the crowd, as Tesla’s humanoid robots took the stage alongside the new Robovan vehicle at the ... Read more

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Startups News
Daniel Levi @ Startups News · 10/10/2024 13:42 EDT

AMD launches Instinct MI325X, a new AI chip to take on Nvidia’s GPUs

AMD has just launched its latest AI chip, the MI325X, with its sights set on competing directly with Nvidia’s dominance in the data center GPU market. Unveiled at an event in San Francisco, the chip is set to enter mass ... Read more

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Startups News
Nickie Louise @ Startups News · 10/10/2024 12:13 EDT

Fidelity Hacked: Fidelity confirms data breach exposed personal data of 77,000 customers

Just two days after a massive cyberattack on America’s largest water utility, Fidelity Investments, one of the world’s top asset managers, disclosed that hackers had compromised the personal data of thousands of its customers. The firm confirmed that the breach, ... Read more

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Startups News
Daniel Levi @ Startups News · 10/10/2024 11:38 EDT

The end of .IO domains? Why tech companies using .IO domains should prepare for possible disruptions

The .IO domain has become the go-to extension for many tech companies, particularly among startups and developers. Over the years, it has gained significant popularity, with both emerging and established companies— including Google—choosing .io for their online presence. Originally assigned ... Read more

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27.11.2024 17:33
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