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Daniel Levi @ Startups News 1 place · 06/28/2024 21:04 EDT

OpenAI and Microsoft sued by Center for Investigative Reporting over copyright infringement

First, it was the major music labels targeting AI startups for copyright infringement. Now, the news industry has secured a formidable ally in its fight against AI giant OpenAI in a major pushback against AI companies and their alleged exploitative ... Read more

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Startups News
Nickie Louise @ Startups News 2 place · 06/28/2024 20:13 EDT

Fluently, an AI startup founded by YCombinator alum, raises $2M seed round for AI-powered speaking coach for calls

With 84 million non-native employees working in English-speaking environments, companies spend a staggering $10 billion annually on corporate English training to enhance communication and boost confidence. Now, one tech startup aims to transform how near-native speakers refine their English language ... Read more

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Startups News
Daniel Levi @ Startups News 1 place · 06/28/2024 12:26 EDT

How Do Online Casinos Differ From State To State?

The rise of online casino gambling in the US has been extraordinary as many states have been regulating and legalizing these platforms. These regulations and laws can differ between states and affect online casino experiences. That is why we’ll be ... Read more

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Startups News
Daniel Levi @ Startups News 2 place · 06/28/2024 12:17 EDT

SpaceX soars to record $210 billion valuation, making it the second most valuable private company after ByteDance

SpaceX is selling insider shares at $112 apiece in a new tender offer, significantly boosting the company’s valuation to nearly $210 billion, according to sources cited by Bloomberg. This new valuation positions SpaceX as the second most valuable private company ... Read more

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Startups News
Nickie Louise @ Startups News · 06/28/2024 10:47 EDT

Nokia acquires Infinera in $2.3 billion deal to tap into AI-driven data center boom

Nokia announced on Thursday it has agreed to acquire U.S.-based optical networking gear maker Infinera Corp in a deal valued at $2.3 billion to bolster its optical network business and tap into an AI-fueled data center boom. This strategic acquisition ... Read more

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Startups News
Nickie Louise @ Startups News 3 place · 06/27/2024 19:41 EDT

Fhenix to Host ‘Encryption Day’ as a Side Event at EthCC Brussels on July 9, 2024

Fhenix, the pioneering Fully Homomorphic Encryption (FHE) Layer 2 blockchain, today announced Encryption Day as a side event alongside EthCC in Brussels. Scheduled for July 9 at Ace Events on Av. d’Auderghem 22, this developer-focused gathering promises deep insights into ... Read more

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Startups News
Nickie Louise @ Startups News · 06/27/2024 19:10 EDT

Pear Commerce secures $10M in funding to deliver omnichannel shopping experience across platforms and devices

For years, online retailers have frequently overlooked the consumer experience. The fragmented customer journey has resulted in an inconsistent customer experience leading to frustration and inefficiency. However, modern consumers now expect a seamless shopping experience across all channels including platforms ... Read more

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Startups News
Nickie Louise @ Startups News 1 place · 06/27/2024 13:30 EDT

NASA awards SpaceX contract to decommission the Space Station (ISS) and crash it into the sea

NASA has awarded SpaceX a nearly $1 billion contract for the planned decommission and removal of the International Space Station (ISS) from orbit at the end of its operational life in 2030, a significant vote of confidence for Elon Musk’s ... Read more

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Startups News
Nickie Louise @ Startups News · 06/27/2024 11:30 EDT

Austrian biotech startup Vertus Energy gets €8.75M seed funding to generate renewable energy from waste

Vertus Energy, an Austrian industrial biotech startup specializing in Waste-to-X solutions, has raised €8.75 million in seed funding to boost biogas production and drive the delivery of the European renewable energy objectives. The round was led by Energy Capital Ventures, with ... Read more

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Startups News
Nickie Louise @ Startups News 1 place · 06/27/2024 10:23 EDT

SoftBank to invest up to $30 million in search startup Perplexity AI at a  $3 billion valuation

Japanese tech giant SoftBank Group Corp’s Vision Fund 2 is set to invest between $10 million and $20 million in U.S.-based search startup Perplexity AI, Bloomberg reported on Thursday. The investment marks Masayoshi Son’s latest strategic move in a sector ... Read more

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Startups News
Nickie Louise @ Startups News 3 place · 06/26/2024 17:32 EDT

Graphene found in China’s Chang’e-5 moon samples contradicts the impact theory that the moon was formed by a cosmic collision between Earth and a smaller planet

For decades, the prevailing theory has been that the moon was formed by a cosmic collision between Earth and a smaller planet. However, a groundbreaking discovery by Chinese scientists may challenge this long-held belief, further raising questions about the lunar ... Read more

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Startups News
Nickie Louise @ Startups News · 06/26/2024 13:49 EDT

ICQ shuts down: ICQ is shutting down after 28 years of offering instant messaging service

ICQ, the pioneering instant messaging platform fondly remembered by early internet users as “I Seek You,” has officially ceased operations today, June 26, 2024, marking the end of an era that began almost 28 years ago. Launched in 1996, ICQ ... Read more

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Startups News
Nickie Louise @ Startups News · 06/26/2024 11:44 EDT

Entegris receives $75M in Chips Act grant to boost US semiconductor manufacturing amid surging demand for AI chips

The U.S. government has granted up to $75 million in funding to Entegris, an American supplier in chip manufacturing, to support the establishment of a new plant in Colorado. The move is part of the CHIPS Act initiative aimed at ... Read more

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Startups News
Nickie Louise @ Startups News · 06/26/2024 11:06 EDT

Google ends continuous scrolling on search results; reverts to the classic page-based results

In December 2022, Google introduced continuous scrolling for desktop search results. However, the change was not well received. Now, the tech giant has decided to reverse that decision, opting instead to return to the classic page-based search results. According to ... Read more

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Startups News
Daniel Levi @ Startups News · 06/26/2024 10:13 EDT

Transak teams up with Sequence to streamline Web3 gaming payments

Life just got a whole lot easier for Web3 gamers as Sequence, Unity’s exclusive Web3-enabled SDK, teamed up with Transak to tackle payment complexities and streamline payments for Web3 games. In an announcement today, Transak said it has formed a ... Read more

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