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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 â€ș

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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 â€ș

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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 â€ș

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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 â€ș

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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 â€ș

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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 â€ș

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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 â€ș

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Startups News
Nickie Louise @ Startups News · 06/05/2024 12:46 EDT

Boeing found guilty of stealing technology from electric airplane startup Zunum; fined $81 million

In a legal blow to aerospace giant Boeing, a federal court jury in Seattle ruled in favor of electric airplane startup Zunum Aero after Boeing was found guilty of stealing Zunum technology. The jury also awarded the fledgling startup $81 ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 06/05/2024 10:49 EDT

Qualcomm-backed AI startup Kneron launches next generation AI chips to challenge Nvidia and AMD

Artificial intelligence chip startup Kneron on Wednesday unveiled its next-generation products, targeting the growing demand for AI from businesses and presenting a robust alternative to industry giants like Nvidia and AMD. The Taiwan-based startup, backed by industry heavyweights Qualcomm and ... Read more â€ș

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Startups News
Daniel Levi @ Startups News · 06/05/2024 08:56 EDT

How often do AI Hallucinations happen?

Artificial Intelligence (AI) has become an integral part of modern technology, running through a number of various sectors from healthcare to finance, and even creative industries. Despite its impressive capabilities, AI is not without its flaws. As a copywriter, I ... Read more â€ș

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Startups News
Nickie Louise @ Startups News · 06/05/2024 08:35 EDT

SAP acquires digital adoption startup WalkMe for $1.5 billion

German software giant SAP announced on Wednesday it has agreed to acquire digital adoption startup WalkMe for a cash transaction valued at $1.5 billion. This offer represents a significant 45% premium over WalkMe’s closing share price from the previous night. ... Read more â€ș

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28.11.2024 22:56
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