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Daniel Levi @ Startups News · 09/05/2024 10:53 EDT

Verizon acquires Frontier Communications for $20 billion to expand its fiber network

Verizon Communications has announced a $20 billion acquisition of Frontier Communications Parent Inc., the largest fiber internet provider in the US. This news follows a report from The Wall Street Journal earlier this week that indicated Verizon was close to ... Read more ›

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Startups News
Nickie Louise @ Startups News · 09/05/2024 10:22 EDT

Eli Lilly signs a $409 million research deal with AI-powered drug discovery startup Genetic Leap

Global pharmaceutical leader Eli Lilly has struck a research agreement with AI-driven drug discovery startup Genetic Leap. The deal is worth $409 million, according to an announcement by Genetic Leap on Thursday. As part of the deal, Genetic Leap will ... Read more ›

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Startups News
Nickie Louise @ Startups News 1 place · 09/05/2024 08:59 EDT

Tesla to launch full self-driving in Europe and China by early 2025

Tesla announced on Thursday that it will launch its “Full Self Driving” (FSD) driver assistance feature in Europe and China by early next year. This paid add-on is expected to roll out in the first quarter of 2025, contingent on regulatory ... Read more ›

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Startups News
Daniel Levi @ Startups News · 09/04/2024 20:39 EDT

Amazon Alexa talks politics: Alexa sparks controversy after suggesting that U.S. voters vote for Kamala Harris

Amazon faced a crisis earlier this week when its AI-powered virtual assistant, Alexa, gave inconsistent responses about voting preferences between Vice President Kamala Harris and former President Donald Trump. The discrepancies came to light as major news outlets and social ... Read more ›

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Startups News
Nickie Louise @ Startups News · 09/04/2024 13:52 EDT

OpenAI co-founder Ilya Sutskever raises $1 billion for his new AI startup Safe Superintelligence (SSI)

Less than three months after leaving OpenAI, Ilya Sutskever, the former chief scientist and creator of ChatGPT-4, has secured $1 billion for his new AI venture, Safe Superintelligence (SSI). In a post on X, the company revealed that top investors, ... Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 09/04/2024 10:45 EDT

Israel’s in-game ad startup Odeeo closes $5 million in funding to accelerate global expansion

Israeli tech startup Odeeo has secured $5 million in strategic funding to fuel the global growth of its in-game audio advertising platform. The funding round includes support from both returning and new investors, with Atinum Investments, one of Korea’s top ... Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 09/04/2024 08:51 EDT

Social media startup Bluesky attracts 2 million new users in Brazil after judge bans Musk’s X

Brazil’s recent ban on Elon Musk’s social media platform, X, has driven users toward smaller alternatives like Bluesky, which has seen a surge in popularity as people search for new ways to express themselves online. Bluesky announced on Monday that ... Read more ›

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Startups News
Nickie Louise @ Startups News 1 place · 09/04/2024 08:05 EDT

Nvidia’s market cap plummets by $279 billion in a single day amid DOJ antitrust probes

Nvidia experienced a staggering $279 billion loss in market value on Tuesday, marking the largest single-day decline in U.S. history. This sharp drop came as Wall Street and investors reevaluated their enthusiasm for AI amid broader market concerns and tepid ... Read more ›

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Startups News
Daniel Levi @ Startups News · 09/03/2024 15:04 EDT

Elon Musk refutes claims of shutting down starlink during Ukraine’s planned attack on Russian fleet

Elon Musk has pushed back against claims made in a recent Wired article, which suggested that SpaceX intentionally disabled its Starlink service to prevent Ukraine from using it in an attack on the Russian fleet. In a post on X ... Read more ›

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Startups News
Nickie Louise @ Startups News · 09/03/2024 11:17 EDT

Bain Capital offers to buy Japanese software developer Fuji Soft for $4.1 billion, surpassing rival KKR’s bid

Bain Capital has offered to acquire Japanese software developer Fuji Soft, valuing the deal at around 600 billion yen ($4.1 billion). This bid surpasses a previous offer from KKR, another equity fund. In its announcement on Tuesday, Bain revealed that ... Read more ›

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Startups News
Nickie Louise @ Startups News 3 place · 09/03/2024 09:57 EDT

Cyprus-based real estate startup Placy raises €1M in pre-seed funding to accelerate growth

Cyprus-based tech startup Placy has secured $1.1 million (€1 million) in pre-seed funding to advance its AI-powered tool, which automates key tasks in the real estate industry, including property valuations, research, viewing schedules, and agreement drafting. Zubr Capital, a European ... Read more ›

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28.11.2024 01:43
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