tech-startup-rss
Chinese EV maker Nio invests $142 million in nuclear fusion startup Neo Fusion
Despite billions of dollars being poured into generative AI startups following the recent success of ChatGPT, investors are slowly warming up to nuclear fusion startups as the technology shows increasing promise. Last week, we wrote about Helion after Microsoft agreed
Despite billions of dollars being poured into generative AI startups following the recent success of ChatGPT, investors are slowly warming up to nuclear fusion startups as the technology shows increasing promise. Last week, we wrote about Helion after Microsoft agreed […]
George Soros lost millions in his investment in electric truck startup Rivian; reduces stake after 90% drop from peak
Early last year, we wrote about Billionaire investor George Soros after he bought nearly 20 million shares of electric truck startup Rivian Automotive in December 2021. According to the SEC filings, Soros bought nearly 20 million (a total of 19,835,761)
Early last year, we wrote about Billionaire investor George Soros after he bought nearly 20 million shares of electric truck startup Rivian Automotive in December 2021. According to the SEC filings, Soros bought nearly 20 million (a total of 19,835,761) […]
OpenAI launches ChatGPT app for iOS that accepts voice prompts, Android coming soon
OpenAI, the company behind the ChatGPT chatbot, has launched a ChatGPT app for Apple’s iOS. In an announcement on Thursday, OpenAI s CTO Mira Murati said that an Android version is coming soon. The new iPhone app, which is the
OpenAI, the company behind the ChatGPT chatbot, has launched a ChatGPT app for Apple’s iOS. In an announcement on Thursday, OpenAI s CTO Mira Murati said that an Android version is coming soon. The new iPhone app, which is the […]
SoftBank to invest $150M in Black and Latino startups; rebrands its second fund to Open Opportunity Fund
In June 2020 we wrote about SoftBank Group after the Japanese conglomerate launched a $100 million fund called the “Opportunity Growth Fund” to invest in Black and Latino-led startups. The fund was part of the firm’s effort to improve diversity
In June 2020 we wrote about SoftBank Group after the Japanese conglomerate launched a $100 million fund called the “Opportunity Growth Fund” to invest in Black and Latino-led startups. The fund was part of the firm’s effort to improve diversity […]
“Qualcomm spies on smartphone users, sends personal data to Qualcomm,” German security firm Nitrokey warns
“During our security research, we found that smartphones with Qualcomm chips secretly send personal data to Qualcomm.” In 2021, Edward Snowden, a former NSA whistleblower, issued a warning regarding national security. He said that “the greatest danger to national security
“During our security research, we found that smartphones with Qualcomm chips secretly send personal data to Qualcomm.” In 2021, Edward Snowden, a former NSA whistleblower, issued a warning regarding national security. He said that “the greatest danger to national security […]
JPMorgan and Barclays back a $110M investment in German InsurTech startup Wefox at $4.5 billion valuation
Wefox, a Berlin, Germany-based insure tech startup, has closed $110 million in a new round of funding from existing investors including JPMorgan and Barclays. In an announcement on Wednesday, Wefox said that $55 million of the total amount raised came
Wefox, a Berlin, Germany-based insure tech startup, has closed $110 million in a new round of funding from existing investors including JPMorgan and Barclays. In an announcement on Wednesday, Wefox said that $55 million of the total amount raised came […]
Disgraced Theranos founder Elizabeth Holmes to arrive at prison on May 30 to begin her 11-year sentence
Disgraced founder and former Theranos CEO Elizabeth Holmes is finally heading to prison after her unsuccessful attempt to avoid incarceration. The U.S. District Judge ruled that must report to prison on May 30. Holmes was convicted of running a years-long
Disgraced founder and former Theranos CEO Elizabeth Holmes is finally heading to prison after her unsuccessful attempt to avoid incarceration. The U.S. District Judge ruled that must report to prison on May 30. Holmes was convicted of running a years-long […]
ServiceNow’s venture arm to invest $1B in enterprise software startups with focus on AI & Automation
In early 2020, we wrote about ServiceNow after the cloud-computing firm acquired conversational artificial intelligence (AI) platform startup Passage AI to advance its deep-learning AI capabilities. At the time, ServiceNow said the acquisition will accelerate its vision of supporting all major
In early 2020, we wrote about ServiceNow after the cloud-computing firm acquired conversational artificial intelligence (AI) platform startup Passage AI to advance its deep-learning AI capabilities. At the time, ServiceNow said the acquisition will accelerate its vision of supporting all major […]
A Texas A&M professor failed over half of his students after ChatGPT falsely claimed it wrote their papers
Welcome to the wild world of Artificial Intelligence (AI). The launch of ChatGPT in late 2022 has ushered in a new era of AI, along with the good, bad, and ugly. Recently, students at Texas A&M University gasped in horror
Welcome to the wild world of Artificial Intelligence (AI). The launch of ChatGPT in late 2022 has ushered in a new era of AI, along with the good, bad, and ugly. Recently, students at Texas A&M University gasped in horror […]
Tether buys $222 million worth of bitcoin to back the world’s largest stablecoin, USDT
Tether, a cryptocurrency startup plagued with scandals and government investigations, said on Wednesday that it’s going to buy hundreds of millions of dollars worth of bitcoin to back its USDT stablecoin. In an announcement, Tether said it would invest 15
Tether, a cryptocurrency startup plagued with scandals and government investigations, said on Wednesday that it’s going to buy hundreds of millions of dollars worth of bitcoin to back its USDT stablecoin. In an announcement, Tether said it would invest 15 […]