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Nickie Louise @ Startups News 1 place · 11/13/2024 08:55 EDT

OpenAI co-founder Greg Brockman returns to AI startup

OpenAI co-founder Greg Brockman has returned to the company three months after stepping away as president. On Tuesday, he shared on X that his “longest vacation” was over and that he was “back to building OpenAI.” Back in August, Brockman ... Read more â€ș

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

VinFast, Vietnam’s struggling EV startup, secures additional $3.4B in funding from founder and parent company

Just a year after going public via a SPAC merger, Vietnam’s ambitious EV startup VinFast finds itself in turbulent waters, grappling with mounting losses and operational setbacks that are complicating its global expansion. Now, the Nasdaq-listed EV maker is looking ... Read more â€ș

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Startups News
Daniel Levi @ Startups News · 11/12/2024 11:30 EDT

Juniper Networks backs a $102M investment in AI Startup Recogni to build an AI inference system for data centers

In August, AI startup Recogni revealed a computing breakthrough aimed at reducing energy consumption and enhancing the efficiency of AI training and inference chips. This innovation, which makes AI hardware smaller, faster, and more affordable, quickly drew the attention of ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 11/12/2024 10:51 EDT

Space startup Firefly raises $175 million in Series D funding at over $2 billion valuation

Firefly Aerospace has closed a $175 million Series D funding round led by RPM Ventures, with participation from both current backers and newcomers like GiantLeap Capital and Human Element. This latest round now brings the Texas-based space startup’s valuation at ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 11/12/2024 09:50 EDT

Bitcoin $100,000: Bitcoin pushes toward $100,000 as investors ride the ongoing rally sparked by Trump’s victory

The momentum in Bitcoin’s price that kicked off with Donald Trump’s election victory shows no sign of cooling. Yesterday, Bitcoin surged to a fresh high near $85,000 as investors celebrated the arrival of what many are calling the ‘crypto president.’ But ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 11/12/2024 08:44 EDT

SoftBank delivers blowout quarter as Vision Fund gains $3.96 billion amid bold AI pivot and high-stakes tech bets

Earlier this year, SoftBank made a $1 billion bet on artificial intelligence (AI). The Japanese powerhouse also teamed up with Nvidia to secure specialized chips needed for training large, complex AI models. Fast forward a few months, and this investment ... Read more â€ș

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

Godspeed Capital secures $675 million Fund III to invest in defense & government-focused tech startups

While artificial intelligence continues to dominate the headlines, billions of dollars are quietly flowing into other essential sectors, particularly defense and government. As optimism grows around a potential resolution to the Ukraine conflict under the new U.S. administration, the spotlight ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 11/11/2024 09:29 EDT

OpenAI’s Sam Altman predicts AGI by 2025

OpenAI CEO Sam Altman expects artificial general intelligence (AGI) by next year despite slow progress in GPT and large language models (LLMs). Altman predicted that the company would still be able to achieve AGI in 2025 amid the slowdown in ... Read more â€ș

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Startups News
Nickie Louise @ Startups News 1 place · 11/11/2024 08:22 EDT

Bitcoin surges to new record-high of $82,000 as crypto euphoria over Trump’s election victory continues

Bitcoin reached a new milestone on Monday as the cryptocurrency rally picked up steam following Donald Trump’s presidential election victory. This surge comes just after Bitcoin broke the $80,000 mark on Sunday, setting a fresh all-time high. By 6:58 a.m. ... Read more â€ș

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Startups News
Daniel Levi @ Startups News · 11/10/2024 19:41 EDT

6 Proven Ways Startups Can Shield Against Rising Cyber Attacks

Cyber attacks can seem like distant threats that only happen to major corporations – the ones making headlines after seven-figure breaches. However, while the media spotlights behemoth targets like Twitter, Uber, and Equifax falling victim – 40% of small businesses ... Read more â€ș

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Startups News
Nickie Louise @ Startups News 1 place · 11/08/2024 11:27 EDT

Marslink: SpaceX unveils ‘Marslink’ proposal to bring high-speed internet connectivity to Mars

In a move that feels straight out of sci-fi, SpaceX has unveiled a groundbreaking proposal to NASA: “Marslink,” an adaptation of its Starlink satellite network, to deliver internet connectivity on Mars. Presented to NASA, Marslink aims to establish a high-speed ... Read more â€ș

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Startups News
Nickie Louise @ Startups News 3 place · 11/08/2024 08:44 EDT

Indian food delivery startup Swiggy’s $1.4 billion IPO soars ahead of market debut next week

In August, we covered Swiggy’s ambitious plans for an initial public offering (IPO) with a target valuation of approximately $15 billion. Now, just three months later, Swiggy’s long-awaited offering has arrived. Swiggy’s $1.4 billion IPO saw strong demand on Friday, with ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 11/08/2024 07:19 EDT

Has the Global Financial Market Finally Embraced Crypto?

The first cryptocurrency, Bitcoin, was created in 2009 and since then, we have witnessed the introduction of hundreds of different cryptocurrencies. For those who do not have a deep understanding of cryptocurrency, there has been some concern regarding its place ... Read more â€ș

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