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Nickie Louise @ Startups News · 06/09/2026 11:20 EDT

Nuvei in Advanced Talks to Acquire Payoneer for $2.7 Billion in Major Cross-Border Payments Push

The race to dominate global payments is entering a new phase. Canadian fintech company Nuvei is in advanced discussions to acquire cross-border payments provider Payoneer Global in a deal valued at roughly $2.7 billion, according to a Reuters report citing ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/09/2026 10:00 EDT

Databricks in talks to raise new funding round at up to $175B valuation as AI boom fuels IPO momentum

Just four months after securing one of the largest private funding rounds in tech history, Databricks is already discussing another raise that could push its valuation close to $175 billion. The data and AI software company has held conversations about ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/09/2026 09:22 EDT

China unveils $295 billion plan to build a nationwide AI data center network and reduce reliance on U.S. chips

The race to build artificial intelligence is no longer just about models, software, or talent. It is becoming a contest over who controls the computing infrastructure that will run the next generation of AI. China is preparing one of the ... Read more ›

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Startups News
Nickie Louise @ Startups News · 06/09/2026 08:35 EDT

Top Tech News Today, June 9, 2026

It’s Tuesday, June 9, 2026, and today’s tech story is bigger than another AI product launch. The AI boom has moved into IPO filings, satellite networks, data centers, power grids, water supplies, defense systems, and Wall Street’s trillion-dollar imagination. The ... Read more ›

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Startups News
Nickie Louise @ Startups News · 06/09/2026 07:24 EDT

OpenAI confidentially files for IPO at $852 billion valuation as AI race with Anthropic and SpaceX heats up

Just weeks ago, Anthropic quietly filed paperwork to go public. SpaceX is already on the road pitching investors. Now OpenAI has entered the race. The company behind ChatGPT announced Monday that it has confidentially filed for an initial public offering ... Read more ›

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Startups News
Nickie Louise @ Startups News · 06/08/2026 19:05 EDT

Venture Capital & Startup Funding Roundup, June 9, 2026

It’s Wednesday, June 3, 2026, and venture investors are doubling down on AI and domain-specific innovation. Today’s biggest rounds reveal money flowing into startups that apply AI to industrial and enterprise problems – from hardware design and cloud cost management ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/08/2026 17:49 EDT

Proposed Utah AI data center could generate heat equivalent to 23 Hiroshima bombs per day, physicist warns

The race to build artificial intelligence is no longer confined to chips, models, and software. It is increasingly becoming a battle for land, electricity, water, and energy generation. Tech companies are expected to spend hundreds of billions of dollars on ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/08/2026 13:51 EDT

Sam Bankman-Fried seeks presidential pardon from Trump as convicted FTX founder serves 25-year prison sentence

The convicted FTX founder Sam Bankman-Fried is making a long-shot bid for freedom. Bankman-Fried has formally submitted a request for a presidential pardon to President Donald Trump, according to records listed on the U.S. Department of Justice Office of the ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/08/2026 11:54 EDT

Uber’s Delivery Hero takeover faces new threat as Saudi unicorn Ninja eyes HungerStation

Just when Uber appeared to be gaining momentum in its pursuit of Delivery Hero, a Saudi startup founded by the man who created HungerStation has entered the picture. Riyadh-based quick-commerce unicorn Ninja is reportedly considering a bid for parts of ... Read more ›

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Startups News
Nickie Louise @ Startups News · 06/08/2026 10:59 EDT

Bending Spoons Files for U.S. IPO After Revenue Doubles to $601M as Acquisition Strategy Pays Off

Bending Spoons, the Milan-based software consolidator behind Evernote, Vimeo, WeTransfer, and AOL, is heading to Wall Street after growing revenue 132% and completing more than 50 acquisitions. The company has filed for a U.S. IPO that could value the serial ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/08/2026 08:56 EDT

Hunter Point Capital raises $4.3 billion for private markets financing funds

Private equity firms are looking for new ways to unlock capital without selling assets, and investors are paying attention. Hunter Point Capital (HPC), an investment firm focused on providing capital solutions to alternative asset managers, announced Monday that it has ... Read more ›

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Startups News
Nickie Louise @ Startups News · 06/08/2026 08:38 EDT

Top Tech News Today, June 8, 2026

It’s Monday, June 8, 2026, and today’s tech story is bigger than another AI product launch. The race has moved into factories, cars, chips, batteries, phones, and national infrastructure. Nvidia is tightening its grip on the AI supply chain in ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/08/2026 07:44 EDT

Quantum Space to go public in $1.2 billion SPAC deal as space sector heats up

Quantum Space, a space infrastructure startup led by former NASA Administrator Jim Bridenstine, announced Monday that it plans to go public through a merger with special purpose acquisition company Inflection Point Acquisition Corp. The transaction values the combined company at ... Read more ›

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Startups News
Daniel Levi @ Startups News 1 place · 06/06/2026 21:08 EDT

Google shrinks AI memory from 31GB to 4GB with TurboVec, beating FAISS on speed

AI has a memory problem. Every chatbot, AI agent, and retrieval system depends on vector databases to store and search information. As those systems grow, so do the infrastructure costs behind them. A vector index containing 10 million documents can ... Read more ›

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Startups News
Daniel Levi @ Startups News 1 place · 06/05/2026 18:08 EDT

OpenAI in talks to give U.S. government an equity stake in $850 billion AI startup as IPO nears

Just a day after Senator Bernie Sanders proposed that Americans should share directly in the wealth created by artificial intelligence, OpenAI is reportedly discussing an unprecedented idea with the Trump administration: giving the U.S. government an ownership stake in the ... Read more ›

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Startups News
Daniel Levi @ Startups News 2 place · 06/05/2026 17:35 EDT

Bitcoin crashes to $59,000 as worst week since 2022 sparks fears of deeper crypto selloff

Yesterday, Bitcoin fell below $61,500 as roughly $3 billion in liquidations ripped through the crypto market and traders braced for more pain. Today, those fears became reality. The world’s largest cryptocurrency extended its slide on Friday, plunging to an intraday ... Read more ›

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Startups News
Nickie Louise @ Startups News · 06/05/2026 11:44 EDT

Anthropic engineers embedded at NSA to deploy Mythos for cyberattacks despite ongoing Pentagon dispute, FT reports

In February, Anthropic was at odds with the Pentagon over how its AI technology should be used. Now, the Financial Times reports that the company is helping the National Security Agency deploy Mythos, a powerful AI model built to identify software ... Read more ›

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Startups News
Daniel Levi @ Startups News · 06/05/2026 11:05 EDT

Switch in talks to raise funding at $50 billion-plus valuation as AI data center demand surges

The AI boom has created a new class of winners. They are not building chatbots or training large language models. They are building the infrastructure that makes those technologies possible. Switch, one of the largest data center operators in the ... Read more ›

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