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Nickie Louise @ Startups News · 11/05/2024 09:01 EDT

Robotics AI startup Physical Intelligence raises $400M from Jeff Bezos and OpenAI, now at $2.4 billion valuation

Robotics AI startup Physical Intelligence has raised $400 million in new funding from high-profile investors including Jeff Bezos, OpenAI, Thrive Capital, and Lux Capital, the company confirmed on Monday This latest round pushes the San Francisco-based company’s valuation to $2.4 ... Read more ›

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Startups News
Nickie Louise @ Startups News · 11/04/2024 19:33 EDT

NVIDIA in talks to invest in Elon Musk’s AI startup, xAI

Elon Musk’s AI startup xAI is reportedly in discussions with NVIDIA to secure a major investment aimed at accelerating the development of its large language model, Grok, according to a report from the New York Post. Sources told the Post ... Read more ›

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Startups News
Nickie Louise @ Startups News · 11/04/2024 10:35 EDT

Miro, a unicorn startup once valued at $17.5 billion, cuts 18% of its workforce amid competitive pressures

Miro, a productivity software startup valued at $17.5 billion, is laying off around 275 employees—approximately 18% of its workforce—as it faces intense competition in the crowded productivity software market, The Information reports. This marks Miro’s second round of layoffs in ... Read more ›

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Startups News
Nickie Louise @ Startups News · 11/04/2024 08:41 EDT

Self-driving startup DeepRoute.ai raises $100M to fuel mass adoption of autonomous driving and outpace Tesla in China

Chinese self-driving startup DeepRoute.ai has secured $100 million in new funding from an automaker, aiming to expand its self-driving systems across China and challenge Tesla in the competitive market, the company announced on Monday. The latest funding arrives three years ... Read more ›

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Startups News
Daniel Levi @ Startups News · 11/04/2024 07:14 EDT

Funding Trends in the Online Poker Industry and What Startups Can Learn

With the online poker industry maintaining its relevance in today’s world, it seems logical to understand what funding trends are responsible for it and what startups can learn to propel their brand. Although a classic, poker has managed to maintain ... Read more ›

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Startups News
Nickie Louise @ Startups News 1 place · 11/01/2024 13:30 EDT

Apple acquires Pixelmator, bringing Lithuanian-founded photo editing platform startup in-house

Apple has acquired Pixelmator, a tech startup company best known for its photo-editing software, primarily on macOS and iOS. In a post on its website, Pixelmator announced its plans to join Apple. The terms and the acquisition cost were not ... Read more ›

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Startups News
Nickie Louise @ Startups News 3 place · 11/01/2024 10:00 EDT

OpenAI challenges Google’s dominance with real-time ChatGPT web search

Back in May, OpenAI stirred interest when it first announced its plan to launch a search tool powered by AI to take on Google’s long-standing dominance in search. Fast forward just five months later, the company has unveiled ChatGPT web ... Read more ›

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Startups News
Daniel Levi @ Startups News · 10/31/2024 20:40 EDT

London-based enterprise SaaS startup Kuberno raises £9.5M Series A co-led by Barclays and Nasdaq Ventures

Kuberno, a global SaaS provider specializing in legal entity management for enterprises, has raised an additional £6 million in financing from Nasdaq Ventures and Barclays, finalizing its Series A round with £9.5 million ($12.25 million) in total funding. Following its ... Read more ›

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Startups News
Nickie Louise @ Startups News · 10/31/2024 19:38 EDT

Buddy.ai, first AI tutor for kids under 12, closes $11 million in seed funding

To achieve the fourth Sustainable Development Goal of universal basic education, the world faces the challenge of addressing a critical shortage of 40 million primary and secondary teachers by 2030. Limited personnel and funding resources make this a daunting goal, ... Read more ›

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Startups News
Nickie Louise @ Startups News · 10/31/2024 13:27 EDT

Nexo rebrands as digital asset wealth platform to focus on wealth management

As digital assets move from niche investments to essential wealth-building tools, Nexo, a leader in crypto finance, has just launched a major rebrand and platform redesign that sets a new bar for digital wealth management. Announced on Bitcoin Whitepaper Day, ... Read more ›

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