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AI chip startup Cerebras unveils open-source ChatGPT-like models with support for up to 13 billion parameters

Just two weeks before the launch of ChatGPT, Silicon Valley-based AI chip startup Cerebras Systems unveiled its AI supercomputer called Andromeda. With a focus on commercial and academic research, Andromeda was built by linking 16 Cerebras CS-2 systems, which are

Just two weeks before the launch of ChatGPT, Silicon Valley-based AI chip startup Cerebras Systems unveiled its AI supercomputer called Andromeda. With a focus on commercial and academic research, Andromeda was built by linking 16 Cerebras CS-2 systems, which are […]

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Starlink rival OneWeb to roll out global satellite internet coverage after successful launch of 36 additional satellites

OneWeb, the low Earth orbit (LEO) satellite communications startup, is planning to roll out coverage globally after its successful launch of the final batch of satellites needed for its broadband service this past weekend. On Sunday morning, the British space

OneWeb, the low Earth orbit (LEO) satellite communications startup, is planning to roll out coverage globally after its successful launch of the final batch of satellites needed for its broadband service this past weekend. On Sunday morning, the British space […]

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Lyft founders step down; former Amazon exec David Risher named CEO in executive shake-up

Lyft’s co-founders Logan Green and John Zimmer are stepping down from the company they founded over a decade ago. Green, who is currently the CEO, will be succeeded by former Amazon exec David Risher effective April 17. In an announcement

Lyft’s co-founders Logan Green and John Zimmer are stepping down from the company they founded over a decade ago. Green, who is currently the CEO, will be succeeded by former Amazon exec David Risher effective April 17. In an announcement […]

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Top tech startup news for Monday, March 27, 2023: Binance, Northvolt, OpenView, Oyo, and Twitter

Good evening! Below are some of the top tech startup news stories for Monday, March 27, 2023. Swedish sustainable battery startup Northvolt in talks to raise over $5 billion in funding Swedish lithium-ion battery startup Northvolt is in talks to

Good evening! Below are some of the top tech startup news stories for Monday, March 27, 2023. Swedish sustainable battery startup Northvolt in talks to raise over $5 billion in funding Swedish lithium-ion battery startup Northvolt is in talks to […]

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Twitter is now the most downloaded news app in the world

Twitter is now the number one most downloaded news app in the world with over 7.2 million ratings, according to the latest app rankings from the Apple App Store. News aggregation platforms Reddit and local news app NextDoor came in

Twitter is now the number one most downloaded news app in the world with over 7.2 million ratings, according to the latest app rankings from the Apple App Store. News aggregation platforms Reddit and local news app NextDoor came in […]

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Binance and its founder Changpeng Zhao sued by US regulators for operating an “illegal” exchange and a “sham” compliance program

First, it was the fall of Terra Luna, then the collapse of San Bankman-Fried crypto exchange FTX. Is Binance the other shoe to drop in the crypto industry? A few hours ago, the world’s biggest crypto exchange Binance and its

First, it was the fall of Terra Luna, then the collapse of San Bankman-Fried crypto exchange FTX. Is Binance the other shoe to drop in the crypto industry? A few hours ago, the world’s biggest crypto exchange Binance and its […]

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OpenView raises a massive $570 million for its Fund VII to invest in high-growth software startups

Tech startups continue to struggle to raise new capital amid the economic headwinds that forced investors to pull back. However, software startups, specifically startups in the artificial intelligence (AI) space are largely unaffected by the funding drought due to the

Tech startups continue to struggle to raise new capital amid the economic headwinds that forced investors to pull back. However, software startups, specifically startups in the artificial intelligence (AI) space are largely unaffected by the funding drought due to the […]

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SoftBank-backed Indian tech startup Oyo to cut IPO size by two-thirds as tech valuations plunge

Amid the ongoing headwinds in the tech space, SoftBank-backed Indian hospitality startup Oyo is cutting its initial public offering (IPO) size as tech valuations fall, Bloomberg News reported on Monday. Citing two people familiar with the matter, Bloomberg said that

Amid the ongoing headwinds in the tech space, SoftBank-backed Indian hospitality startup Oyo is cutting its initial public offering (IPO) size as tech valuations fall, Bloomberg News reported on Monday. Citing two people familiar with the matter, Bloomberg said that […]

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Why did Facebook’s user base decline for the first time ever?

The emergence of new technologies and globalization has intensified competition, resulting in a difficult business environment for many established companies. Several industry giants have encountered unprecedented challenges in recent years. For example, Netflix experienced a decline in its subscriptions for

The emergence of new technologies and globalization has intensified competition, resulting in a difficult business environment for many established companies. Several industry giants have encountered unprecedented challenges in recent years. For example, Netflix experienced a decline in its subscriptions for […]

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Twitter source code leaked online, court filings show

“Say what you want about me, but I acquired the world’s largest non-profit for $44B lol” In February, Elon Musk announced Twitter was planning to open-source its algorithm following. Musk made the statement following a question from one of his

“Say what you want about me, but I acquired the world’s largest non-profit for $44B lol” In February, Elon Musk announced Twitter was planning to open-source its algorithm following. Musk made the statement following a question from one of his […]

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