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Nickie Louise @ Startups News 1 place · 08/30/2024 12:41 EDT

German food delivery giant Delivery Hero eyes IPO of Middle East unit Talabat

German online food delivery giant Delivery Hero announced it plans to spin off its Middle East business, Talabat, to list it on the Dubai stock exchange later this year. In an announcement on Thursday, Delivery Hero confirmed it is preparing ... Read more â€ș

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Startups News
Nickie Louise @ Startups News 2 place · 08/30/2024 10:10 EDT

Character.AI lays off at least 5% of its workforce as the chatbot startup refocuses on personalized AI

Chatbot startup Character.AI has laid off at least 5% of its workforce has laid off around 5% of its workforce, according to a report from The Information. This decision is part of a broader effort by the company to streamline operations ... Read more â€ș

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Startups News
Nickie Louise @ Startups News 1 place · 08/29/2024 13:41 EDT

Crypto.com expands worldwide with the launch of global retail services backed by Standard Chartered

Crypto.com is expanding its reach, making cryptocurrency purchases more accessible across a wider array of countries. The company has unveiled its global retail services, now offering seamless deposit and withdrawal options for millions of Crypto.com App users in over 90 ... Read more â€ș

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Startups News
Daniel Levi @ Startups News · 08/29/2024 12:44 EDT

Uber invests in SoftBank-backed self-driving tech startup Wayve

Earlier this year, Wayve drew major attention when the British self-driving tech startup raised $1.05 billion in Series C funding. The investment was set to boost the development of autonomous mobility and the rollout of production-ready vehicles featuring its Embodied ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 08/29/2024 11:27 EDT

FLock partners with Io.net to launch “Proof of AI” to secure and verify decentralized networks

One of the biggest challenges we face online is verifying the authenticity and quality of the content we consume, whether it’s news, videos, images, or social media posts. With so much information out there, it’s challenging to separate fact from ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 08/29/2024 10:39 EDT

OpenAI eyes $100 billion+ valuation in new funding round

OpenAI is reportedly in talks to raise funds at a valuation exceeding $100 billion, significantly higher than its previous $86 billion valuation, the Wall Street Journal said on Wednesday. Investors include venture capital firm Thrive Capital and Microsoft, marking OpenAI’s ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 08/29/2024 09:33 EDT

OpenAI and Anthropic partner with US government on AI research

AI startups OpenAI and Anthropic have signed agreements with the U.S. government to advance research, testing, and evaluation of their artificial intelligence models, the U.S. Artificial Intelligence Safety Institute said on Thursday. These landmark agreements come at a time when ... Read more â€ș

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Startups News
Nickie Louise @ Startups News 2 place · 08/28/2024 15:57 EDT

B2B tech startup Pylon raises $17M in Series A funding led by Andreessen Horowitz

Pylon, a B2B customer service platform, has raised $17 million in Series A funding to bring together all customer communication tools used by teams into a single platform. This latest round, which brings the company’s total funding to just over $20 ... Read more â€ș

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Startups News
Daniel Levi @ Startups News 2 place · 08/28/2024 12:32 EDT

This MIT spinoff startup reaches unicorn status with $225M funding for water recycling to combat drought

In 2022, droughts impacted over 100 million people, and according to the United Nations Convention to Combat Desertification (UNCCD), nearly 1.84 billion people were living under drought conditions in 2022 and 2023. This amounts to almost a quarter of the ... Read more â€ș

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Startups News
Nickie Louise @ Startups News 2 place · 08/28/2024 11:10 EDT

Lemniscap raises $70 million in funding to invest in early-stage Web3 startups

Investment firm Lemniscap has raised $70 million in funding to support early-stage Web3 projects and pioneering startup founders in the space. The firm is honing in on areas such as zero-knowledge infrastructure, consumer applications, and decentralized physical infrastructure (DePIN). Leading the funding round ... Read more â€ș

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Startups News
Nickie Louise @ Startups News 2 place · 08/28/2024 10:11 EDT

Apple cuts 100 jobs in digital services as tech layoffs reach 134,000 in 2024

Apple has cut around 100 jobs in its digital services group, primarily impacting the team behind its Apple Books app and Bookstore, according to Bloomberg News. The layoffs, which include some engineering positions, also affect other service teams, including the ... Read more â€ș

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Startups News
Daniel Levi @ Startups News · 08/27/2024 18:32 EDT

Echelon raises $3.5 million in seed funding to advance DeFi lending on Move-based blockchains

Echelon, a decentralized lending protocol, has raised $3.5 million in seed funding to advance DeFi lending on Move-based blockchains. The funding round was led by Amber Group, with participation from Laser Digital, Saison Capital, Selini Capital, Interop Ventures, and Re7. ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 08/27/2024 14:43 EDT

Enterprise data startup Cribl raises $319 million in Series E funding at $3.5 billion valuation

Data infrastructure startup Cribl has secured $319 million in Series E funding, a significant amount in today’s challenging fundraising environment, especially for a company not solely focused on AI. This round, which includes both primary and secondary transactions, raises Cribl’s ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 08/27/2024 11:48 EDT

HR startup Tilt raises $15 million in Series B funding to expand technology footprint

HR startup Tilt has secured $15 million in Series B funding to further develop its platform that streamlines the leave process for companies and their employees. The funding round was led by Bramalea Partners, with participation from HearstLab, Firework Ventures, Origin ... Read more â€ș

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Startups News
Daniel Levi @ Startups News 1 place · 08/27/2024 09:56 EDT

Zuckerberg admits FBI disinformation warning, now proven to be false, led to Meta content censorship

“I believe the government pressure was wrong, and I regret we were not more outspoken about it. I also think we made some choices that, with the benefit of hindsight and new information, we wouldn’t make today,” Mark Zuckerberg. Mark ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 08/26/2024 15:15 EDT

ConvertKit rebrands to Kit to ‘build the operating system for the creator economy’

ConvertKit, the creator marketing platform launched 11 years ago by Nathan Barry, has officially rebranded to Kit. Today, ConvertKit announced it is rebranding to Kit to equip and empower creators with the sustainable growth tools they need to thrive in ... Read more â€ș

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Startups News
Nickie Louise @ Startups News 2 place · 08/26/2024 13:53 EDT

Meta taps clean energy startup Sage Geosystems to power its data centers with geothermal energy

Meta Platforms, Facebook’s parent company, has reached an agreement to purchase up to 150 MW of geothermal energy from Sage Geosystems for its data centers. This move is part of Meta’s effort to enhance infrastructure to support its expanding artificial ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 08/26/2024 12:26 EDT

Boeing ‘humiliated’ as upstart rival SpaceX steps in to rescue stranded NASA astronauts stuck in space

NASA’s decision to bring back two astronauts from the International Space Station aboard a SpaceX vehicle has left Boeing employees feeling humiliated. The astronauts, who initially traveled to the ISS in June on Boeing’s troubled Starliner capsule, will now return ... Read more â€ș

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