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Daniel Levi @ Startups News · 11/29/2023 13:22 EDT

AI startup Together raises $102.5M to grow its cloud platform for training open-source generative AI models

Now that the OpenAI drama is in the rearview mirror, investors are making a comeback with billions in investment to support promising generative AI startups. The latest to receive this funding windfall is Together, an AI startup offering a cloud ... Read more

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Startups News
Nickie Louise @ Startups News · 11/29/2023 11:52 EDT

Binance Labs invests $3.15M in Open Campus to revolutionize Web3 education

Over the past three years, Web3 has been in the spotlight for its potential to revolutionize the internet. Its decentralized approach comes with immense benefits, particularly the ability to reshape the education landscape by democratizing access, enhancing personalization, promoting lifelong ... Read more

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Startups News
Daniel Levi @ Startups News · 11/29/2023 10:46 EDT

Prosus cuts India’s EdTech startup Byju’s valuation by 86%, from $22 billion a year ago  to under $3 billion

Byju’s has just undergone an expensive haircut after its valuation was slashed by over 80 percent. In a significant setback for Indian education tech startup, investment giant Prosus NV announced on Wednesday it was valuing Byju’s at under $3 billion, ... Read more

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Startups News
Nickie Louise @ Startups News · 11/29/2023 09:14 EDT

Apple to end credit card partnership with Goldman Sachs, only 4 years after launch

In a surprise move, Apple said it is ending its credit card partnership with Goldman Sachs, dealing a significant blow to the Wall Street bank’s foray into consumer lending, the Wall Street Journal reported on Tuesday. According to the report, ... Read more

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Startups News
Nickie Louise @ Startups News · 11/29/2023 08:13 EDT

Okta says hackers stole data for all customer support users in cyber breach

After two months, more details are emerging about the Okta data breach. On Tuesday, Okta disclosed that hackers had compromised information for all users of its customer support system during a network breach that took place in September. The San ... Read more

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Startups News
Nickie Louise @ Startups News · 11/28/2023 13:17 EDT

Shein files for U.S. IPO as it gears up for global fashion domination

Shein has reportedly filed confidential paperwork with U.S. regulators to go public in the United States. The Chinese-founded fast-fashion giant, known for its affordable and trendy offerings, has recently been valued at $64 billion. However, it is rumored to be ... Read more

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Startups News
Nickie Louise @ Startups News · 11/28/2023 11:49 EDT

UK regulator halts Adobe’s $20 billion acquisition of online design startup Figma

In September 2022, Adobe made headlines with its $20 billion agreement to acquire the online design startup Figma. However, more than a year later, the deal is facing uncertainty due to a significant setback triggered by concerns raised by the ... Read more

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Startups News
Daniel Levi @ Startups News · 11/28/2023 10:46 EDT

Popular Science discontinues print magazine after 151 years, marking the end of an era

After an incredible 151-year journey, Popular Science, the iconic science and technology magazine, is bidding farewell to its print edition and embracing a fully digital future. The decision marks the end of an era for the magazine, which has been ... Read more

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Startups News
Nickie Louise @ Startups News · 11/28/2023 10:18 EDT

Chinese payments giant Alipay divests stake in Indian food delivery startup Zomato for $400 million

Chinese payments giant Alipay is planning to sell its 3.4% stake in the Indian food delivery giant, Zomato, for nearly $400 million through block deals on Indian stock exchanges, according to an exclusive report from Reuters, citing three sources familiar ... Read more

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Startups News
Cyberwire @ Startups News · 11/28/2023 09:02 EDT

Design Flaw in Domain-Wide Delegation Could Leave Google Workspace Vulnerable for Takeover, Says Cybersecurity Company Hunters

Boston, Massachusetts, November 28th, 2023, Cyberwire A severe design flaw in Google Workspace’s domain-wide delegation feature discovered by threat hunting experts from Hunters’ Team Axon, can allow attackers to misuse existing delegations, enabling privilege escalation and unauthorized access to Workspace ... Read more

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Startups News
Nickie Louise @ Startups News · 11/28/2023 08:59 EDT

Cradle raises $24M Series A funding for Generative AI biotech platform

Cradle, a Netherlands-based biotech startup, has raised $24 million in a Series A funding round, the company announced on Tuesday. Cradle uses generative AI to assist scientists in the design and engineering of proteins, aiming to significantly hasten biotech research ... Read more

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Startups News
chainwire @ Startups News · 11/28/2023 03:01 EDT

BinaryX Launches AI Chat Game ‘AI Hero’ With Limited NFT Mints

Singapore, Singapore, November 28th, 2023, Chainwire BinaryX today announced the official launch of AI Hero, an AI-based battle royale adventure game. The team initially released an Open Beta version of the game in October this year. The game combines the ... Read more

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Startups News
Daniel Levi @ Startups News · 11/27/2023 16:17 EDT

Binance Founder CZ must stay in the U.S. ahead of his prison sentencing, Federal Judge ordered

Binance founder Changpeng Zhao (CZ), who recently pleaded guilty to criminal charges related to his cryptocurrency exchange, has been ordered to remain in the U.S. ahead of prison sentencing, according to a Monday ruling by a federal judge. The judge’s order ... Read more

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Startups News
Nickie Louise @ Startups News · 11/27/2023 14:49 EDT

Animoca Brands’ Season 2 of TinyTap Publisher NFTs Sell Out in Record Time, Raising Over $333,907 for Educators

Just wwo years ago, nonfungible tokens (NFTs) saw a massive surge in popularity, with prices soaring through the roof. Since then, the market has seen some decline as the AI craze took some of the spotlight away. Despite this, the ... Read more

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Startups News
Nickie Louise @ Startups News · 11/27/2023 13:24 EDT

Chinese-owned Nexperia finally acquires Dutch chip startup Nowi after greenlight from Netherlands regulators

Dutch regulators have given the green light to the acquisition of chip startup Nowi by the Chinese-owned company Nexperia. The Dutch government announced on Monday that, following an assessment, it will not obstruct the acquisition of Delft-based startup Nowi by ... Read more

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Startups News
Daniel Levi @ Startups News · 11/27/2023 12:24 EDT

Elon Musk visited Israel at the personal invitation of Prime Minister Benjamin Netanyahu; offers to rebuild Gaza

Elon Musk visited Southern Israel on Monday at the personal invitation of Prime Minister Benjamin Netanyahu. He toured an Israeli kibbutz that had been left desolate by the October 7 Hamas terror raids. Musk’s visit took place just days after ... Read more

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Startups News
Nickie Louise @ Startups News · 11/27/2023 10:20 EDT

German flying taxi startup Lilium gets EU’s’ green light for its electric jets

Lilium, a German flying taxi startup, has received approval from the European Union for its electric jets. The company announced on Monday that it has been granted “Design Organization Approval” by the European Union Aviation Safety Agency, allowing it to ... Read more

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Startups News
Daniel Levi @ Startups News 1 place · 11/27/2023 09:42 EDT

The UN wants you to eat less meat to save the planet from climate change

The UN’s Food & Agriculture Organization (FAO) is gearing up to send a clear message to wealthy nations at the upcoming COP28 summit in Dubai next week: cut back on meat consumption. In what is described as the first comprehensive ... Read more

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Startups News
Nickie Louise @ Startups News · 11/27/2023 08:32 EDT

Realme reaches 200 million smartphone shipment milestone, to launch premium phones

Realme said today that it has shipped over 200 million phones since it was founded a little over five years ago, with most of them outside China. Recent data indicates that Realme ranks as the fifth fastest smartphone maker to ... Read more

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Startups News
Daniel Levi @ Startups News 1 place · 11/25/2023 20:52 EDT

Neuralink, Elon Musk’s brain-chip startup, quietly raises $43M in additional funding

Elon Musk’s brain implant startup Neuralink has raised $43 million in additional funding, according to a recent filing with the Securities and Exchange Commission (SEC). The startup is developing implantable wireless chips that can read brain waves and potentially help treat ... Read more

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