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Nickie Louise @ Startups News · 03/18/2025 11:56 EDT

GrubMarket raises $50M Series G at $3.5B valuation to expand AI-driven supply chain solutions

GrubMarket, a food tech startup and AI-driven supply chain management provider, has secured $50 million in a Series G round, pushing its valuation past $3.5 billion. The funding comes from Liberty Street Funds, 3Spoke Capital, ROC Venture Group, Portfolia, Pegasus ... Read more ›

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Startups News
Nickie Louise @ Startups News · 03/18/2025 10:39 EDT

Amazon challenges Nvidia: Slashes AI chip prices to undercut H100 dominance

Amazon Web Services (AWS) has slashed the prices of its Trainium AI chips in a direct challenge to Nvidia, The Information reported. By offering similar performance at just 25% of the cost of Nvidia’s H100 chips, AWS is making a ... Read more ›

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Startups News
Nickie Louise @ Startups News · 03/18/2025 09:20 EDT

Google acquires cloud security startup Wiz for $32 billion in an all-cash deal

Google is making its biggest acquisition yet, striking a $32 billion all-cash deal to acquire New Yrok-based cloud security startup Wiz. Announced Tuesday, the agreement is aimed at strengthening Google’s cloud business as AI-driven security threats become more sophisticated. This ... Read more ›

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Startups News
Nickie Louise @ Startups News 1 place · 03/17/2025 15:24 EDT

Amazon to lay off 14,000 managerial positions to save $3.5 billion annually

Amazon is set to cut around 14,000 managerial positions by early 2025, aiming to save between $2.1 billion and $3.6 billion annually. This reduction marks a 13% drop in Amazon’s global management workforce, shrinking the number of managers from 105,770 ... Read more ›

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Startups News
Nickie Louise @ Startups News · 03/17/2025 13:39 EDT

Will AI agents replace SaaS? Why the future is more complex than you think

Late last year, Microsoft CEO Satya Nadella made bold predictions about how AI agents will shape SaaS solutions. Nadella ignited a firestorm when he suggested that the very “notion that business applications exist” could “collapse” in the agentic AI era. ... Read more ›

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Startups News
Nickie Louise @ Startups News · 03/17/2025 11:04 EDT

PepsiCo acquires healthy prebiotic soda startup Poppi for $1.95 billion

PepsiCo has acquired Poppi, the prebiotic soda startup known for its healthier beverage options, in a deal valued at $1.95 billion. The net purchase price is $1.65 billion after factoring in $300 million in expected cash tax benefits. This move ... Read more ›

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Startups News
Nickie Louise @ Startups News · 03/17/2025 10:39 EDT

Google partners with MediaTek to build cheaper AI chips, joining tech giants moving to reduce their reliance on Nvidia

Google is partnering with Taiwan’s MediaTek to develop the next version of its AI chips, Tensor Processing Units (TPUs), set for production next year, according to a report from The Information, citing three sources familiar with the matter. Despite this ... Read more ›

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Startups News
Nickie Louise @ Startups News · 03/17/2025 10:03 EDT

Buy now, pay later startup Klarna files for U.S. IPO as valuation rebounds to $15 billion

Four months after it confidentially submitted IPO documents to the Securities and Exchange Commission (SEC), Swedish fintech startup Klarna has officially filed to go public on the New York Stock Exchange under the ticker symbol KLAR. Klarna, known for its ... Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 03/17/2025 09:36 EDT

NASA astronauts stranded for 9 months on ISS set to return to earth tomorrow on SpaceX’s Crew Dragon

After spending an unexpected nine months aboard the International Space Station (ISS), NASA astronauts Butch Wilmore and Suni Williams are finally coming back to Earth on Tuesday, March 18, 2025. Their return follows the successful docking of SpaceX’s Dragon spacecraft, ... Read more ›

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Startups News
Daniel Levi @ Startups News 1 place · 03/14/2025 18:00 EDT

NYSERDA announces $5 million is now available to support innovative building solutions in New York

The New York State Energy Research and Development Authority (NYSERDA) today announced $5 million is now available to support innovative building solutions in New York that can be demonstrated in existing single-family, multifamily, and small to medium commercial buildings. Today’s ... Read more ›

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