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Nickie Louise @ Startups News · 06/17/2024 17:04 EDT

ChatGPT is down again, second outage in about two weeks

After a major outage left millions without access, OpenAI’s ChatGPT appears to be down again for the second outage in about two weeks. OpenAI’s ChatGPT is experiencing a significant outage, lasting around four hours. As we deal with these disruptions ... Read more â€ș

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Startups News
Daniel Levi @ Startups News · 06/17/2024 11:24 EDT

Microsoft-owned GitHub lays off 80% of its employees in India

Even offshored jobs are feeling the heat as companies increasingly turn to artificial intelligence (AI) to streamline operations and trim their workforce. The latest instance is Microsoft-owned GitHub, which is laying off a significant portion of its Indian employees. According ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 06/17/2024 09:52 EDT

OpenAI considers becoming a for-profit company, paving the way for IPO

OpenAI CEO Sam Altman privately told some shareholders that the company is considering a potential change in its governance structure to a for-profit business independent of its nonprofit board, The Information reported on Friday. One proposed scenario is transforming OpenAI ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 06/17/2024 09:00 EDT

Naver’s Webtoon Entertainment targets up to $2.67 billion valuation in US IPO

Webtoon Entertainment, the online comics platform owned by South Korean tech giant Naver, announced on Monday its plans to seek a valuation of up to $2.67 billion in its upcoming U.S. initial public offering. The company, which is majority-owned by ... Read more â€ș

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Startups News
Daniel Levi @ Startups News 1 place · 06/15/2024 16:56 EDT

Bill Gates: “Cows have a digestion system that emits methane. We need to change cows and work towards artificial meat”

“Cows have a digestion system that emits methane. We need to change cows and work towards artificial meat” ~ Bill Gates. In May 2021, Bill Gates officially stepped down from the board of Microsoft, the tech giant he co-founded nearly ... Read more â€ș

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Startups News
Nickie Louise @ Startups News 1 place · 06/14/2024 12:02 EDT

Dublin-based fintech startup CleverCards raises $8.6 million to help businesses issue prepaid cards and prevent misuse

CleverCards, a Dublin-based fintech startup that helps businesses stop employees from abusing corporate expenses, has secured €8 million ($8.6 million) in new funding. The investment is a remarkable show of confidence in the 5-year-old startup amidst a broader fintech funding ... Read more â€ș

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Startups News
Nickie Louise @ Startups News 3 place · 06/14/2024 09:57 EDT

Tempus AI makes IPO debut, valuing the precision medicine startup at $6 billion

After years of anticipation, AI-driven precision medicine startup Tempus AI is finally making its debut on the U.S. market. Backed by heavyweights like Google and SoftBank Group, Tempus AI has set the price of its initial public offering (IPO) at ... Read more â€ș

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Startups News
Daniel Levi @ Startups News · 06/13/2024 16:48 EDT

Transform Your Business with Professional UI/UX Design Services for Maximum Impact

Apps that download for more than 5 seconds simply do not survive. Quick information entry, transaction optimization, and all platform accessibility—this is just a short list of the required features. But where can you get all of this? In this ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 06/13/2024 10:09 EDT

Amazon’s AWS invests $230 million in cloud credits for generative AI startups

Amazon announced on Thursday an investment of $230 million in Amazon Web Services (AWS) cloud credits aimed at supporting generative AI startups. This initiative underscores the intensifying competition among cloud providers to attract AI clients from their inception. The program ... Read more â€ș

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Startups News
Daniel Levi @ Startups News · 06/13/2024 09:40 EDT

From Bridge to Bridgeless Tech – The Innovation of Cross-Chain Infrastructure for dApps

In recent years, the burgeoning Web3 ecosystem has continued to witness a paradigm shift in the operation of decentralized applications (dApps), swiftly moving from a bridge-dependent infrastructure to a bridgeless one. Imagine a future where developers can create a dApp ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 06/12/2024 19:33 EDT

Pixelverse secures $5.5M in funding to fuel growth and accelerate mass adoption of Web3 gaming

Web3 gaming continues to dominate even as traditional gaming giants struggle to keep up. Now, Pixelverse, an emerging entertainment studio and game ecosystem, just ignited the scene with a multi-million dollar investment that promises to accelerate the mass adoption of ... Read more â€ș

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Startups News
Daniel Levi @ Startups News · 06/12/2024 17:18 EDT

WeWork exits Bankruptcy with new leadership, names John Santora as new CEO

WeWork, once a $47 billion shared office space giant, has emerged from bankruptcy and is setting a new course for its future. The company exited bankruptcy on Tuesday after reducing its debt and appointed John Santora, a veteran from Cushman ... Read more â€ș

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Startups News
Daniel Levi @ Startups News · 06/12/2024 16:51 EDT

Apple surpasses Microsoft as world’s most valuable company

Apple has once again surpassed Microsoft to become the most valuable company in the world, following its push into artificial intelligence during its Worldwide Developers Conference (WWDC) 2024 on Monday. The iPhone maker edged out Microsoft in Wednesday morning trading, ... Read more â€ș

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Startups News
Nickie Louise @ Startups News 1 place · 06/12/2024 10:49 EDT

French AI startup Mistral AI raises $650 million to ‘push the frontier of AI,’ tripling its valuation to $6 billion

French AI startup Mistral AI has raised 600 million euros ($643.7 million) in a Series B funding round led by existing investor General Catalyst, almost tripling its valuation to 5.8 billion euros, a big increase from its 2 billion euros ... Read more â€ș

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Startups News
Nickie Louise @ Startups News 1 place · 06/12/2024 09:48 EDT

German AI startup Black Semiconductor raises $274 million in funding to launch next-generation chips

Germany’s AI startup Black Semiconductor has raised €254 million ($273 million) in funding to develop next-generation chip technology using a carbon material called graphene, the company announced on Wednesday. The funding includes €229 million in public grants from the German ... Read more â€ș

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