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Nickie Louise @ Startups News · 11/20/2024 13:52 EDT

Truflation partners with LandX to deliver real-time agricultural commodity pricing for DeFi and TradFi investors

Just a month after teaming up with Scannit to improve data transparency and economic insights, Truflation, a leader in real-world asset indices and real-time economic data, has inked a new partnership. This time, the company is teaming up with LandX, ... Read more ›

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Startups News
Nickie Louise @ Startups News · 11/20/2024 11:05 EDT

Prompt Security secures $18M Series A to address rising enterprise risks from generative AI adoption

The widespread adoption of generative AI has created significant opportunities for businesses, boosting productivity and fostering innovation with tools like coding assistants and AI-driven applications. However, these advancements bring notable security risks, such as unvetted tools, potential data leaks, and ... Read more ›

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Startups News
Nickie Louise @ Startups News · 11/20/2024 09:45 EDT

Fhenix launches Nitrogen testnet to transform Onchain confidentiality with FHE-powered decentralization

Fhenix, an Israeli startup focused on building a privacy-centric blockchain platform, has announced a major upgrade to its testnet, Nitrogen. The update introduces enhanced decryption capabilities and features designed to improve decentralization, usability, and performance. As an Ethereum Layer 2 ... Read more ›

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Startups News
Nickie Louise @ Startups News · 11/20/2024 09:14 EDT

Alphabet’s VC arm and Sequoia back Belgian startup Odoo, boosting SAP rival’s valuation to $5.3 billion

Odoo, a Belgian startup taking on SAP in enterprise software, has raised its valuation to €5 billion ($5.3 billion) following a secondary share sale led by Alphabet’s venture fund, CapitalG, and Sequoia Capital. With more than 5 million users globally, ... Read more ›

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Startups News
Daniel Levi @ Startups News · 11/19/2024 18:20 EDT

SpaceX completes Starship’s sixth test flight, booster splashes down in the ocean instead of tower catch

SpaceX conducted the sixth test flight of its Starship rocket on Tuesday, marking its fourth mission of the year. The uncrewed launch took off from SpaceX’s Starbase facility near Brownsville, Texas, as part of the company’s ongoing efforts to refine ... Read more ›

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Startups News
Daniel Levi @ Startups News · 11/19/2024 13:57 EDT

Google intensifies crackdown on sites publishing ‘parasite SEO’ content

The race to dominate Google’s search results has driven some companies, both large and small, to adopt questionable tactics like Parasite SEO—an unethical practice where websites leverage the authority of reputable domains to rank for competitive keywords. However, Google is ... Read more ›

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Startups News
Daniel Levi @ Startups News · 11/19/2024 12:53 EDT

Enfabrica, AI chip startup founded by Google and Broadcom execs, raises $115M to tackle networking bottlenecks and scale AI model training

Enfabrica, a Silicon Valley startup founded by former executives from Alphabet’s Google and Broadcom, announced on Tuesday that it has raised $115 million in funding. The company plans to launch its newest chip early next year, aiming to solve critical ... Read more ›

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Startups News
Nickie Louise @ Startups News · 11/19/2024 12:30 EDT

Robinhood to acquire TradePMR for $300 million, expanding offerings to $7 trillion RIA market

Robinhood Markets, the parent company of the popular trading app Robinhood, is set to acquire portfolio management platform TradePMR in a cash-and-stock deal valued at approximately $300 million, the companies announced on Tuesday. The acquisition marks Robinhood’s latest move to expand ... Read more ›

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Startups News
Nickie Louise @ Startups News · 11/19/2024 11:58 EDT

Americans Spend $546 Billion to Figure Out Their Taxes as the US Tax Code Grows from 5,000 Words in 1913 to 10 Million Today

It’s 2024, and Americans are spending a staggering $546 billion annually just to navigate the U.S. tax system. Why? The tax code has ballooned into a 10-million-word labyrinth, making it 21 times longer than the entire Lord of the Rings ... Read more ›

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Startups News
Nickie Louise @ Startups News · 11/19/2024 09:33 EDT

Microsoft-backed tech startup d-Matrix launches first AI chip to revolutionize chatbots and video generation

Silicon Valley-based startup d-Matrix announced Tuesday that it has started shipping its first AI chip, designed to support applications like chatbots and video generators. This milestone comes just over a year after the company secured $110 million in funding to ... Read more ›

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27.11.2024 03:49
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