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Daniel Levi @ Startups News · 07/16/2025 16:57 EDT

Scale AI lays off 200 staff, cuts 500 contractors after $14.3B Meta deal and CEO departure

Just one month after Meta invested $14.3 billion in the startup and hired away its founder and CEO, Alexandr Wang, Scale AI is laying off a significant chunk of its workforce and cutting ties with hundreds of contractors. The San ... Read more ›

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Startups News
Nickie Louise @ Startups News · 07/16/2025 16:20 EDT

OpenAI says it will use Google Cloud to power ChatGPT, marking a major shift beyond Microsoft

In a major shift that signals how competitive the AI infrastructure race has become, OpenAI said Wednesday it will begin using Google Cloud to help run ChatGPT, CNBC reported. The move breaks from its previous dependence on Microsoft’s Azure and ... Read more ›

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Startups News
Nickie Louise @ Startups News · 07/16/2025 12:57 EDT

AI startup Quandri raises $12M to scale automation for insurance agencies and brokers across North America

Insurance agencies have been drowning in repetitive servicing work for years. Vancouver-based Quandri saw the mess and built a platform that lets brokers automate it, starting with renewals. That simple but high-impact idea has now caught the attention of serious ... Read more ›

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Startups News
Nickie Louise @ Startups News · 07/16/2025 11:50 EDT

Companies are canceling their ChatGPT subscriptions, Here’s why

ChatGPT has long held the crown as the go-to AI assistant, especially in the workplace. But lately, some companies are starting to rethink whether that $20 or $200 per month is really worth it. With plenty of cheaper or completely ... Read more ›

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Startups News
Nickie Louise @ Startups News · 07/16/2025 10:02 EDT

Peter Thiel acquires 9.1% Stake in Bitmine to become largest shareholder; stock surges 15% amid crypto boom

Peter Thiel is betting big on crypto again—and this time, it’s with a public stake. Shares of Bitmine Immersion Technologies jumped nearly 15% in early trading Wednesday after Thiel disclosed a 9.1% stake in the crypto mining company. The move ... Read more ›

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Startups News
Nickie Louise @ Startups News · 07/15/2025 19:22 EDT

Top 10 Startup and Tech Funding News – July 15, 2025

It’s Tuesday, July 15, 2025, and we’re back with your daily tech funding news snapshot—a look at where venture dollars are landing and which startups are shaping the next wave of innovation across AI, fintech, media, cybersecurity, and beyond. Today’s ... Read more ›

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Startups News
Nickie Louise @ Startups News 1 place · 07/15/2025 16:18 EDT

Former OpenAI CTO Mira Murati raises $2B for new AI startup Thinking Machines at $12B valuation

It hasn’t even been six months since Mira Murati left OpenAI. Now, she’s back in the spotlight with a jaw-dropping $2 billion raise for her new AI venture, Thinking Machines. The round, led by Andreessen Horowitz, values the company at ... Read more ›

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Startups News
Nickie Louise @ Startups News · 07/15/2025 13:39 EDT

VCs dip into Little Sesame with $8.5M series A to fuel hummus expansion and 400% production growth

Every hummus brand wants to stand out, but few have turned pita dipping into a full-blown growth story like food startup Little Sesame. What began as a small restaurant in Washington, D.C. has grown into one of the fastest movers ... Read more ›

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Startups News
Nickie Louise @ Startups News · 07/15/2025 12:58 EDT

Jeff Bezos taps former Amazon exec Tom Taylor to lead $10B Earth fund

Jeff Bezos is shaking things up at his $10 billion climate fund — and he’s doing it by calling in an old ally from Amazon. Tom Taylor, a longtime executive who previously led the company’s Alexa division, is stepping in ... Read more ›

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Startups News
Daniel Levi @ Startups News · 07/15/2025 11:15 EDT

IntuigenceAI unveils world’s first superintelligent AI engineer, raises $10M to solve labor shortage crisis

Every industrial project needs engineers. But finding them is getting harder, and training them fast enough isn’t realistic. That’s where IntuigenceAI thinks AI can step in. The Berkeley-based AI startup just announced the launch of IntuiAI, a platform it calls ... Read more ›

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Startups News
Nickie Louise @ Startups News · 07/15/2025 10:46 EDT

Trupeer.ai lands $3M to turn screen recordings into professional product videos with AI

Every product demo starts with a screen recording. But turning that raw footage into something clear, professional, and shareable often turns into a time sink—hours of editing, endless handoffs, and bloated video tools never built for how modern teams work. ... Read more ›

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Startups News
Nickie Louise @ Startups News · 07/15/2025 09:47 EDT

Apple invests $500M in MP Materials to break China’s rare earths grip and boost U.S. manufacturing

Apple is stepping deeper into U.S. manufacturing—and this time, it’s going underground. The company announced Tuesday a $500 million investment in MP Materials, a rare earths mining and processing company based in Las Vegas. The move signals Apple’s latest effort ... Read more ›

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