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Startups News
Daniel Levi @ Startups News 1 place · 02/02/2023 09:57 EDT

Meta stock surges 20% after Zuckerberg hints at more layoffs; stock doubled in just 3 months from $89 to $180

Shares of Meta soared on Thursday by more than 20 percent after the social media giant reported better-than-expected fourth-quarter revenue of $32.17 billion. Analysts were expecting revenue of $31.53 billion, according to Refinitiv. The social giant was rewarded by investors […] Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 02/02/2023 09:20 EDT

Lavender lands $13.2 million to use AI to help you write better sales emails

ChatGPT is currently dominating the headlines as the dialogue-based AI chatbot impressed millions of users with its writing ability, proficiency in handling complex tasks, and ease of use. But before the popularity of ChatGPT, users including sales teams have been […] Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 02/02/2023 08:29 EDT

UK fintech startup Zopa Bank raises $92 million to accelerate growth

Zopa, a UK-based digital banking startup that started as a peer-to-peer lender, has raised 75 million pounds ($92.40 million) as the company pivots to becoming a digital bank. The latest funding, which came from existing investors “cements” Zopa’s status as […] Read more ›

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Startups News
Nickie Louise @ Startups News · 02/01/2023 19:53 EDT

Top tech startup news for Wednesday, February 1, 2023: Dxcover, Match, MNT-Halan, ONE, OpenAI, Risilience

Good evening! Below are some of the top tech startup news stories for today, Wednesday, February 1, 2023. Tinder parent company to lay off 8% of its staff as growth slows Match Group announced on Wednesday that it is laying […] Read more ›

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Startups News
Daniel Levi @ Startups News · 02/01/2023 18:00 EDT

ChatGPT faces credibility crisis as users accuse OpenAI of turning the chatbot into a political tool and using AI to promote transgenderism

“The damage done to the credibility of AI by ChatGPT engineers building in political bias is irreparable.”  ChatGPT is the fastest-growing consumer application in history, that is according to a  study conducted by the preeminent Swiss bank UBS. The bank […] Read more ›

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Startups News
Nickie Louise @ Startups News · 02/01/2023 16:09 EDT

OpenAI launches a subscription plan for $20 per month as ChatGPT reaches 100 million monthly active users in January

ChatGPT took the internet by storm late last year as the dialogue-based AI chatbot crossed one million users just five days after its launch. Now ChatGPT creator OpenAI announced on Wednesday it is launching ChatGPT Plus, a $20 per month […] Read more ›

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Startups News
Daniel Levi @ Startups News · 02/01/2023 12:58 EDT

As the US looks for new ways to isolate China’s Huawei, German companies license Huawei smart technologies in their cars

Today, many in the West viewed the rise of China as a threat to the US hegemony and dominance as a global power. Others also see Chinese companies as linked to the Chinese government’s power and its techno-authoritarianism government. For […] Read more ›

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Startups News
Nickie Louise @ Startups News · 02/01/2023 11:38 EDT

Egypt FinTech startup MNT-Halan raises $400M, making it the largest funding in Egypt and the Middle East

While tech startups in the United States and Europe are still struggling to raise new funding due to the ongoing economic slowdown, fintech startups in the Middle East and North Africa (MENA) region continue to thrive as they empower and […] Read more ›

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Startups News
Nickie Louise @ Startups News 1 place · 02/01/2023 09:58 EDT

Subscription commerce platform AppDirect acquires TBI

AppDirect, a San Francisco-based subscription commerce platform for monetizing and managing digital customer relationships, announced today it has acquired TBI, one of the leading technology service aggregators in North America. The total amount of the deal was not disclosed. Uniting […] Read more ›

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Startups News
Daniel Levi @ Startups News · 02/01/2023 09:12 EDT

Israel’s Web3 Powerhouses Unite to Launch Inaugural ETHTLV

Learn from the best collective experiences and insights from some of the world’s most successful blockchain companies on navigating the evolving web3 space Israel’s most successful web3 businesses have come together to organize the first annual ETHTLV, which will run […] Read more ›

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Startups News
Nickie Louise @ Startups News 1 place · 02/01/2023 08:55 EDT

UK Climate Analytics startup Risilience bags $26M Series B to expand its science-based, climate-risk assessment and net-zero planning platform

Climate change is one of the biggest challenges of our times. According to various estimates, losses due to weather-related events have increased nearly ten-fold over the last four decades, from a ten-year global average of $12 billion in 1980 to […] Read more ›

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Startups News
Nickie Louise @ Startups News · 02/01/2023 08:13 EDT

EV battery startup ONE raises $300M to develop batteries with a 750-mile driving range; now valued at $1.2 billion

Michigan-based battery startup Our Next Energy (ONE) has raised $300 million in Series B funding. The latest round now puts the company at a valuation of $1.2 billion, making the three-year-old startup a member of the highly-coveted unicorn club. The […] Read more ›

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Startups News
Daniel Levi @ Startups News · 02/01/2023 07:49 EDT

Toyota is making a big move into blockchain; sponsors its world’s first global Web3 hackathon on Astar Network

Japan’s largest company, Toyota, is making big moves dabbling into Blockchain by sponsoring its first-ever global Web3 Hackathon. The multinational automotive manufacturer has chosen Astar Network, the smart contract platform for multichain, to make Web3 use cases for Toyota’s employees. According […] Read more ›

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Startups News
Daniel Levi @ Startups News · 01/31/2023 19:39 EDT

Top tech startup news for Tuesday, January 31, 2023: Anthropic, Finley, GM, PayPal, Workday, and Q-CTRL

Good evening! Below are some of the top tech startup news stories for today, Tuesday, the last day of January 2023. Workday lays off about 525 employees or about 3% of its workforce Cloud provider Workday has laid off 3% […] Read more ›

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Startups News
Nickie Louise @ Startups News · 01/31/2023 18:29 EDT

ChatGPT creator launches a free tool called AI Text Classifier to detect AI-generated text

OpenAI, the creator of the popular chatbot ChatGTP, has released a free tool that the AI company says is meant to “distinguish between text written by a human and text written by AIs.” However, OpenAI warned in a blog post […] Read more ›

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Startups News
Nickie Louise @ Startups News · 01/31/2023 16:54 EDT

PayPal to lay off 2,000 full-time employees, about 7% of its workforce

PayPal announced Tuesday that it will be eliminating 7% of its workforce or 2,000 employees as tech layoffs mount. The payments giant becomes the latest in a list of fintech firms to be hit by the global economic slowdown. PayPal […] Read more ›

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Startups News
Daniel Levi @ Startups News · 01/31/2023 13:34 EDT

GM to invest $650 million in lithium company Lithium Americas to support its electric vehicle business

The mass adoption of electric vehicles has accelerated in recent years. Thanks to Tesla, more and more people are now embracing electric cars as the world moves away from internal combustion engine cars to combat global warming. Today, lithium is […] Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 01/31/2023 12:56 EDT

FinTech startup Finley raises $17M Series A to help companies manage debt capital as private credit reaches all-time high

The slowdown in venture capital investments over the past years has forced some startups to turn to private credit, including debt capital, as a way to keep their operations afloat and weather the recession storm. Today, private credit is a […] Read more ›

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Startups News
Daniel Levi @ Startups News 2 place · 01/31/2023 12:03 EDT

Anthropic is close to raising $300 million as investors pour billions into AI startups and ChatGPT rivals

Since the launch of ChatGPT in November of last year, artificial intelligence (AI) startups have seen a has seen a resurgence in funding as investors and VC firms pour billion into the AI space hoping to find the next OpenAI. […] Read more ›

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Startups News
Daniel Levi @ Startups News · 01/31/2023 10:53 EDT

Quantum computing startup Q-CTRL raises $27.4 million in funding to power the future with its quantum sensing technology

A lot has been written about quantum computers. But what is getting less attention is its simpler cousin technology—quantum sensing. Unlike quantum computing, quantum Sensing is an advanced sensor technology that uses the smallest amounts of energy and matter to […] Read more ›

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