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Nickie Louise @ Startups News · 06/11/2024 11:15 EDT

AI startup AlphaSense raises $650M in funding at $4 billion valuation; agrees to buy rival Tegus for $930 million

AI-driven market intelligence startup AlphaSense announced on Tuesday that it has raised $650 million in a new funding round, elevating its valuation to a robust $4 billion. This marks a $1.5 billion increase from its valuation following a $150 million ... Read more

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Startups News
Nickie Louise @ Startups News 3 place · 06/11/2024 08:02 EDT

Here’s everything Apple announced at WWDC 2024

Following months of speculation, Apple on Monday unveiled its much-anticipated AI strategy and a suite of AI-powered features and software enhancements for the iPhone and its other devices at the Worldwide Developers Conference (WWDC) 2024. A Focus on Artificial Intelligence ... Read more

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Startups News
Nickie Louise @ Startups News · 06/10/2024 17:06 EDT

Apple unveils “Apple Intelligence” at WWDC 2024, partners with OpenAI to integrate ChatGPT across iPhone and other devices

Apple finally unveiled its long-awaited AI technology strategy at the Worldwide Developers Conference (WWDC) 2024, launching “Apple Intelligence,” which seamlessly integrated AI across Apple’s suite of apps, including Siri. During the event, Apple also confirmed a partnership with OpenAI to ... Read more

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Startups News
Daniel Levi @ Startups News · 06/10/2024 13:48 EDT

Humane, the hardware startup behind the AI Pin, is in talks with HP and telecoms for potential sale

Humane, the AI startup founded by former Apple designers, is reportedly looking for a potential buyer following the lukewarm reception of its AI Pin wearable, according to CNBC, citing sources familiar with the situation. Sources disclosed to CNBC that Humane ... Read more

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Startups News
Nickie Louise @ Startups News · 06/10/2024 10:20 EDT

Cognizant to acquire acquire digital engineering firm Belcan for $1.3 billion

Cognizant Technologies, a leading information technology services provider, announced on Monday it has reached an agreement to acquire digital engineering firm Belcan for approximately $1.3 billion in a combination of cash and stock. This strategic acquisition will broaden Cognizant’s reach ... Read more

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Startups News
Nickie Louise @ Startups News · 06/10/2024 09:08 EDT

AI startup Harvey in talks to raise $600 million in funding at $2 billion valuation

Harvey, a generative AI startup targeting legal, tax, and finance professionals, is reportedly in talks to raise $600 million in funding. According to an exclusive report by The Information, this new infusion of capital would push the San Francisco-based startup’s ... Read more

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Startups News
Nickie Louise @ Startups News · 06/10/2024 08:10 EDT

The Future of Calls? Nokia CEO Makes World’s First ‘Immersive’ Phone Call

In a landmark achievement, Nokia CEO Pekka Lundmark made the world’s first “immersive audio and video” phone call using a new technology called “immersive audio and video,” the company said in a statement. In an announcement on Monday, Nokia said ... Read more

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Startups News
Daniel Levi @ Startups News · 06/09/2024 18:50 EDT

What Are Garbled Circuits, and Why Are They Important?

Garbled circuits are a privacy-preserving cryptographic technique that was originally theorized as a solution to the hypothetical Millionaire’s Problem, where two millionaires want to see who has the higher net worth – but without actually revealing the dollar amount to ... Read more

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Startups News
Nickie Louise @ Startups News 1 place · 06/07/2024 09:31 EDT

Bitcoin miner Core Scientific rejects $1 Billion buyout offer from CoreWeave, 5 months after emerging from Bankruptcy

In a dramatic turn of events, Bitcoin miner Core Scientific has rejected an “unsolicited” $1 billion buyout offer from Nvidia-backed specialized cloud provider CoreWeave. The all-cash offer came in just five months after the company emerged from Chapter 11 bankruptcy. ... Read more

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Startups News
Nickie Louise @ Startups News 3 place · 06/06/2024 10:31 EDT

Ionic Materials, a tech startup set to revolutionize lithium batteries for EVs, shuts down operations

Ionic Materials, a solid-state EV battery hopeful, has shut down. According to a report from The Information, the Massachusetts-based Ionic Materials has ceased operations. The company has also let go of nearly its entire workforce, marking a significant setback in ... Read more

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Startups News
Nickie Louise @ Startups News · 06/06/2024 10:01 EDT

Amazon’s self-driving startup Zoox to begin testing its robotaxi service in Austin and Miami

Zoox, a self-driving tech startup Amazon acquired in 2020 for $1.2 billion, is preparing to test its autonomous vehicles on the streets of Austin, Texas, and Miami, even as U.S. regulators probe incidents. The announcement coincides with an ongoing investigation ... Read more

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Startups News
Nickie Louise @ Startups News · 06/06/2024 08:19 EDT

Nvidia hits $3.01 trillion market cap, surpasses Apple to become the second most valuable company in the world

Nvidia has become the world’s second most valuable company. The chipmaking giant’s market capitalization reached a staggering $3.01 trillion on Wednesday afternoon, surpassing Apple’s $3 trillion mark and making it the first chip firm to hit $3 trillion in market ... Read more

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