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Nickie Louise @ Startups News · 12/04/2024 23:14 EDT

Bitcoin hits $100,000 for the first time in history. Reaches $103,000 all-time high

The price of Bitcoin has hit an unprecedented $103,000, breaking the $100,000 milestone for the first time in its history. This achievement marks a pivotal moment for the cryptocurrency market, capping off a year of substantial growth and shifting dynamics. ... Read more

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Startups News
Nickie Louise @ Startups News · 12/04/2024 18:03 EDT

OpenAI partners with defense tech startup Anduril for AI-powered anti-drone systems for national security

Just four months after securing $1.5 billion in funding at a $14 billion valuation, defense tech startup Anduril announced a new partnership with OpenAI to bring advanced AI solutions to national security efforts. The collaboration, revealed Wednesday, allows Anduril to ... Read more

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Startups News
Nickie Louise @ Startups News · 12/04/2024 17:14 EDT

OpenAI hits 300 milling weekly users as it eyes 1 billion active users and dominates the generative AI race

OpenAI has reached a major milestone, reporting 300 million weekly active users for ChatGPT. In a post shared on X, the company revealed: “300M weekly active ChatGPT users 1B user messages sent on ChatGPT every day.” This announcement follows a ... Read more

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Startups News
Daniel Levi @ Startups News · 12/04/2024 13:13 EDT

Today in tech history: From $44M Cray supercomputer to smartphones – The astonishing leap in computing power since 1985

On December 4, 1985, the Cray-2 supercomputer debuted as a marvel of its era, representing the pinnacle of computational technology. With a price tag equivalent to $44 million, it achieved 1.9 gigaflops, making it the fastest machine of its time. ... Read more

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Startups News
Nickie Louise @ Startups News · 12/04/2024 12:39 EDT

Celsius founder Alex Mashinsky pleads guilty to multi-billion-dollar fraud, faces up to 30 years in prison

In July 2023, Alex Mashinsky, the founder and former CEO of the bankrupt crypto lending platform Celsius Network, was arrested on fraud charges after an investigation into the fall of the seven-year-old crypto startup. Now, just over a year later, ... Read more

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Startups News
Nickie Louise @ Startups News · 12/04/2024 11:56 EDT

Data brokers selling political and pregnancy information settle with FTC over privacy violations

Two data brokers, Mobilewalla and Gravy Analytics, have reached a settlement with the Federal Trade Commission (FTC) after being accused of selling personal information that tracked individuals’ religious beliefs, political affiliations, and pregnancy status. These companies agreed to stop using ... Read more

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Startups News
Daniel Levi @ Startups News · 12/04/2024 11:04 EDT

HowStuffWorks founder Marshall Brain found dead amid claims of retaliation over NCSU ethics complaints

Marshall Brain, founder of HowStuffWorks.com and a well-known tech educator, was found dead in his office at North Carolina State University (NCSU) just hours after sending a detailed email alleging retaliation for filing ethics complaints. Brain, who also directed NCSU’s ... Read more

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Startups News
Nickie Louise @ Startups News · 12/04/2024 09:49 EDT

Cloud data startup Veeam reaches $15 billion valuation in $2 billion secondary sale ahead of IPO

Veeam Software, a cloud data startup that provides secure data backups on remote servers, has secured a $2 billion investment from a group of top-tier investors through a secondary offering. The funding, announced Tuesday, values the Swiss-based company at $15 ... Read more

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Startups News
Nickie Louise @ Startups News · 12/04/2024 09:16 EDT

Spotify Wrapped 2024 is here: How AI-driven insights highlight the year’s top artists and songs

Spotify’s much-anticipated Wrapped 2024 has officially dropped, giving millions of users a chance to relive their listening habits over the past year. The annual feature offers a personalized breakdown of top songs, artists, and genres while letting users compare their ... Read more

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Startups News
Nickie Louise @ Startups News · 12/03/2024 18:31 EDT

Why vertical AI agents could be 10X bigger than SaaS: Insights from Y Combinator

Since its introduction in the early 2000s, SaaS (Software as a Service) has redefined how businesses access and use software. It replaced cumbersome, on-premise installations with scalable, cloud-based solutions, unlocking a $300 billion market and giving rise to over 300 ... Read more

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Startups News
Daniel Levi @ Startups News · 12/03/2024 13:44 EDT

Microsoft hit with £1 billion UK lawsuit for overcharging rivals’ cloud customers and alleged licensing abuse

Microsoft is facing a £1 billion lawsuit in the UK, accused of unfairly overcharging customers who use rival cloud platforms, including Amazon Web Services (AWS), Google Cloud, and Alibaba Cloud. The case, filed by competition lawyer Maria Luisa Stasi, alleges ... Read more

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Startups News
Nickie Louise @ Startups News · 12/03/2024 13:01 EDT

London-based tech startup Stackfix raises $3 million to change the way businesses buy software

Every year, businesses spend $1 trillion on software, but navigating the maze of options and outdated reviews often leads to poor purchasing decisions. Platforms like G2.com and Capterra rely heavily on user-generated reviews, which are frequently biased, incomplete, or outdated, ... Read more

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Startups News
Daniel Levi @ Startups News · 12/03/2024 12:03 EDT

Italian energy storage startup Reefilla raises €4.5M in funding, launches equity crowdfunding campaign

Reefilla, a Turin, Italy-based energy storage startup that provides mobile power generation using second-life batteries, has secured €4.5 million in funding. The round was led by CDP Venture Capital through its Green Transition-PNRR fund. The new funding will enable Reefilla ... Read more

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Startups News
Nickie Louise @ Startups News · 12/03/2024 10:08 EDT

Software startup ServiceTitan targets up to $5.16 billion valuation in US IPO

Late last month, we reported on ServiceTitan after the software startup filed paperwork for an initial public offering (IPO) in the U.S. Just two weeks later, ServiceTitan is reportedly targeting a valuation of up to $5.16 billion in its IPO. ... Read more

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Startups News
Nickie Louise @ Startups News 1 place · 12/03/2024 08:55 EDT

SpaceX eyes $350 billion valuation, setting the stage for Elon Musk to become the world’s first trillionaire

In November, SpaceX reportedly floated the idea of selling existing shares at $135 each, valuing Elon Musk’s space startup at $250 billion. Just two weeks later, the company is said to be discussing insider share sales that could push its ... Read more

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