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Nickie Louise @ Startups News 1 place · 03/17/2025 15:24 EDT

Amazon to lay off 14,000 managerial positions to save $3.5 billion annually

Amazon is set to cut around 14,000 managerial positions by early 2025, aiming to save between $2.1 billion and $3.6 billion annually. This reduction marks a 13% drop in Amazon’s global management workforce, shrinking the number of managers from 105,770 ... Read more ›

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Startups News
Nickie Louise @ Startups News · 03/17/2025 13:39 EDT

Will AI agents replace SaaS? Why the future is more complex than you think

Late last year, Microsoft CEO Satya Nadella made bold predictions about how AI agents will shape SaaS solutions. Nadella ignited a firestorm when he suggested that the very “notion that business applications exist” could “collapse” in the agentic AI era. ... Read more ›

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Startups News
Nickie Louise @ Startups News · 03/17/2025 11:04 EDT

PepsiCo acquires healthy prebiotic soda startup Poppi for $1.95 billion

PepsiCo has acquired Poppi, the prebiotic soda startup known for its healthier beverage options, in a deal valued at $1.95 billion. The net purchase price is $1.65 billion after factoring in $300 million in expected cash tax benefits. This move ... Read more ›

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Startups News
Nickie Louise @ Startups News · 03/17/2025 10:39 EDT

Google partners with MediaTek to build cheaper AI chips, joining tech giants moving to reduce their reliance on Nvidia

Google is partnering with Taiwan’s MediaTek to develop the next version of its AI chips, Tensor Processing Units (TPUs), set for production next year, according to a report from The Information, citing three sources familiar with the matter. Despite this ... Read more ›

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Startups News
Nickie Louise @ Startups News · 03/17/2025 10:03 EDT

Buy now, pay later startup Klarna files for U.S. IPO as valuation rebounds to $15 billion

Four months after it confidentially submitted IPO documents to the Securities and Exchange Commission (SEC), Swedish fintech startup Klarna has officially filed to go public on the New York Stock Exchange under the ticker symbol KLAR. Klarna, known for its ... Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 03/17/2025 09:36 EDT

NASA astronauts stranded for 9 months on ISS set to return to earth tomorrow on SpaceX’s Crew Dragon

After spending an unexpected nine months aboard the International Space Station (ISS), NASA astronauts Butch Wilmore and Suni Williams are finally coming back to Earth on Tuesday, March 18, 2025. Their return follows the successful docking of SpaceX’s Dragon spacecraft, ... Read more ›

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Startups News
Daniel Levi @ Startups News 1 place · 03/14/2025 18:00 EDT

NYSERDA announces $5 million is now available to support innovative building solutions in New York

The New York State Energy Research and Development Authority (NYSERDA) today announced $5 million is now available to support innovative building solutions in New York that can be demonstrated in existing single-family, multifamily, and small to medium commercial buildings. Today’s ... Read more ›

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Startups News
Nickie Louise @ Startups News 2 place · 03/14/2025 11:47 EDT

The race to the bottom in AI: Why AI model providers like OpenAI face a commoditization crisis amid falling costs

“The cost to use a given level of AI capability falls by about 10x every 12 months,” OpenAI’s CEO said in a 15-page proposal to the White House, highlighting the urgency to maintain America’s edge in the AI race. It’s ... Read more ›

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Startups News
Nickie Louise @ Startups News 3 place · 03/14/2025 10:34 EDT

Meta’s Community Notes to use open-source tech from Elon Musk’s X to combat misinformation

Two months after scrapping third-party fact-checking on Facebook and Instagram, the company announced that its upcoming Community Notes feature will use open-source technology from Elon Musk’s X. The decision is part of Meta’s new approach to tackling misinformation. Community Notes ... Read more ›

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Startups News
Nickie Louise @ Startups News · 03/14/2025 07:37 EDT

OpenAI calls for bans on DeepSeek and other Chinese open-source AI models while it remains closed-source

OpenAI has submitted a policy proposal to the U.S. government urging a ban on AI models developed by PRC-affiliated entities. The company singled out Chinese AI lab DeepSeek, labeling it as “state-controlled” and raising concerns over security risks and potential ... Read more ›

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Startups News
Nickie Louise @ Startups News · 03/13/2025 13:06 EDT

Solar tech startup Terabase Energy raises $130M led by SoftBank to scale deployment amid rising energy demand

The surge in global energy demand is accelerating the need for scalable and efficient solutions. From AI data centers to expanding urban infrastructures, the race is on to meet growing power requirements while keeping sustainability at the forefront. That’s why ... Read more ›

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01.04.2025 23:17
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