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Startups News
Nickie Louise @ Startups News 2 place · 01/29/2024 08:50 EDT

Fintech startup Brex is hemorrhaging $17 million a month, sparking concerns about future growth

Brex, a fintech startup known for offering corporate credit cards to startups, is facing some challenges. The news comes at a time when startups are struggling to raise funding due to the worsening global economic conditions and high interest rates. ... Read more

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Startups News
Nickie Louise @ Startups News · 01/29/2024 08:11 EDT

ChatGPT Privacy Concerns: Italian watchdog finds OpenAI’s ChatGPT in violation of privacy regulations

OpenAI is under fire again after the Italian watchdog accused the maker of the popular AI tool ChatGPT of breaking privacy laws in Italy. Italy’s data protection authority said on Monday that it has informed OpenAI that its ChatGPT artificial ... Read more

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Startups News
chainwire @ Startups News · 01/29/2024 04:39 EDT

HugeWin Casino is Redefining Crypto Gambling with a Rich Gaming Ecosystem

Curacao, Curacao, January 29th, 2024, Chainwire HugeWin Casino, a newly established platform as of January 2024, has quickly garnered attention in the cryptocurrency gambling landscape. Its user-centric approach, coupled with an extensive array of gaming options, underscores its emerging status ... Read more

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Startups News
chainwire @ Startups News 1 place · 01/27/2024 05:20 EDT

Aleph.im launches Twentysix Cloud: An enhanced marketplace for Decentralized Cloud Computing

Paris, France, January 26th, 2024, Chainwire Twentysix Cloud is an all-in-one, decentralized cloud marketplace, powered by aleph.im’s Decentralized Physical Infrastructure Network (DePIN). This launch marks a significant step in bridging decentralized cloud solutions with the growing demand for computing resources.  ... Read more

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Startups News
Daniel Levi @ Startups News 2 place · 01/26/2024 17:59 EDT

Elon Musk denied Financial Times report of xAI’s $6 billion fundraise; “xAI is not raising capital,” Musk says

Earlier today, we covered a story first reported by the Financial Times (FT) that Elon Musk’s AI startup X.AI is seeking to raise $6 billion in funding with a suggested valuation of $20 billion. However, Musk has now contradicted this ... Read more

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Startups News
Nickie Louise @ Startups News 3 place · 01/26/2024 13:23 EDT

Salesforce cuts 700 jobs, or about 1% of its global workforce as tech layoffs top 25,000 in 2004

Salesforce is laying off around 700 employees, or approximately 1% of its global workforce, as major U.S. tech companies started 2024 with fresh plans to reduce their headcount, the Wall Street Journal reported on Friday. Despite the layoffs, the report ... Read more

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Startups News
Nickie Louise @ Startups News · 01/26/2024 10:52 EDT

Musk’s AI startup X.AI to raise $6 billion in funding at a proposed valuation of $20 billion

Elon Musk’s AI startup, xAI, is reportedly in discussions to secure up to $6 billion in funding, with a proposed valuation of $20 billion, as Musk seeks to rival OpenAI, the Financial Times reported on Friday. This potential funding round ... Read more

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Startups News
Nickie Louise @ Startups News 2 place · 01/25/2024 11:44 EDT

Microsoft lays off 1,900 employees across its gaming division just a day after reaching $3 trillion valuation

Microsoft said Thursday it plans to lay off 1,900 employees across its gaming divisions, including Xbox and Activision Blizzard, which the tech giant acquired last year for a whopping $69 billion, The Verge reported. The news comes just a day ... Read more

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Startups News
Nickie Louise @ Startups News 1 place · 01/25/2024 09:26 EDT

Publicis to invest €300 million in AI to become ‘industry’s first AI-powered intelligent system’

Publicis Groupe, the world’s largest advertising group in terms of market value, said on Thursday it plans to invest 300 million euros ($326.94 million) in artificial intelligence (AI) over the next three years. This investment is part of the Paris-based ... Read more

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Startups News
chainwire @ Startups News 3 place · 01/25/2024 09:03 EDT

10 Decentralized Applications Integrate Sui’s Groundbreaking “zkLogin” Google Authentication

Grand Cayman, Cayman islands, January 25th, 2024, Chainwire Gaming, Ecommerce and DeFi applications are leveraging Sui’s singular social authentication to eliminate the biggest hurdle blocking mainstream audiences from web3. Sui, the rapidly ascending Layer-1 blockchain created by the leaders of ... Read more

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Startups News
financewire @ Startups News · 01/25/2024 09:00 EDT

KUKE selects Wiserfunding to digitise risk assessments and foster global business growth

Warsaw, Poland, January 25th, 2024, FinanceWire KUKE, Poland’s Export Credit Agency and a leading supplier of trade-facilitating solutions, has selected Wiserfunding, a frontrunner in business credit risk intelligence to digitise risk assessments and foster global business growth. This strategic collaboration aims ... Read more

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Startups News
Nickie Louise @ Startups News · 01/24/2024 13:13 EDT

Robotic kitchen startup Aniai secures $12 million in funding to bring its burger-cooking robot to restaurants

Aniai, a New York-based robotic kitchen startup, announced today it has raised $12 million in pre-Series A funding for its hamburger-grilling robot, Alpha Grill. The funding round, led by InterVest, a prominent venture capital firm in South Korea, brings Aniai’s ... Read more

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Startups News
Nickie Louise @ Startups News · 01/24/2024 11:48 EDT

Microsoft hits $3 trillion market valuation for the first time ever

Microsoft on Wednesday achieved a significant milestone surpassing the $3 trillion milestone for the first time, solidifying its position as the second most valuable company globally, just trailing behind Apple, the maker of iPhones. The news comes a year after Apple ... Read more

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Startups News
Daniel Levi @ Startups News · 01/24/2024 10:26 EDT

Cybersecurity Dilemmas: Navigating Risks in the Digital Era

Cybersecurity has become very important in our world, where technology advances quickly. It’s like the main shield that protects our online world. As technology grows, so does the risk of cyber attacks, making cybersecurity a key area of focus. One ... Read more

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Startups News
Daniel Levi @ Startups News · 01/24/2024 10:04 EDT

Blocktrade and SKAI2 Launch ‘Pay with Blocktrade’ for Instant Crypto Payments

Asset marketplace and trading platform Blocktrade has just launched ‘Pay with Blocktrade,’ an instant crypto payment tool, making crypto payments widely accessible. In collaboration with technology provider SKAI2, Blocktrade enables retailers to accept payments in various cryptocurrencies, instantly converting them ... Read more

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Startups News
Nickie Louise @ Startups News · 01/24/2024 09:13 EDT

eBay to cut 1000 jobs as tech companies laid off thousands in 2024

eBay announced on Tuesday it will cut about 1,000 jobs, or an estimated 9% of its current workforce, as the e-commerce retailer joins a growing list of tech companies downsizing in January. Alongside the job cuts, the company said it ... Read more

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Startups News
chainwire @ Startups News · 01/24/2024 07:42 EDT

New Non-Custodial Telegram Trading Bot Bitbot Raises $300k In First 72 Hours Of Presale

New York, USA, January 24th, 2024, Chainwire Within 72 hours of its presale launch on the 17th of January, Bitbot raised an incredible $300,000. Bitbot aims to lead the market for Telegram trading bots, a rapidly growing segment of the ... Read more

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Startups News
Daniel Levi @ Startups News · 01/23/2024 13:57 EDT

Crypto Fair Launch: ZKFair to Usher New Era of Fair Token Launches and Tackles Challenges in the ZK Ecosystem

In the seemingly egalitarian world of cryptocurrency, the distribution of new tokens often leans towards favoring private investors, token founders, and those with privileged information about upcoming crypto investments. This disparity is evident in popular coin distributions, where large portions ... Read more

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Startups News
Daniel Levi @ Startups News · 01/23/2024 12:06 EDT

Crypto adoption surges as global cryptocurrency user base surpassed half a billion in 2023, a 34% increase from prior year

Despite the volatile market of the past year, the cryptocurrency world experienced an unprecedented surge in 2023, witnessing a 34% increase in the global user base. According to a market sizing report from Crypto.com, more than half a billion people ... Read more

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Startups News
Nickie Louise @ Startups News · 01/23/2024 11:10 EDT

Plural, a venture firm launched by Wise and Skype founders, secures $436 million for new fund targeting European tech startups

For over a decade now, Europe has been trailing behind the United States in terms of startup funding. However, there’s a promising shift on the horizon, as a team of seasoned entrepreneurs, the brains behind Wise and Skype, is gearing ... Read more

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