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Alphabet-backed Anthropic launches Claude, a large language model to compete with OpenAI’s ChatGPT

Just last week, we wrote about Anthropic after the Alphabet-backed AI startup announced it was close to raising $300 million from investors at around a $5 billion valuation. Co-founded by former OpenAI employees, Anthropic came into the spotlight following the

Just last week, we wrote about Anthropic after the Alphabet-backed AI startup announced it was close to raising $300 million from investors at around a $5 billion valuation. Co-founded by former OpenAI employees, Anthropic came into the spotlight following the […]

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Flat6Labs launches new $95 million venture fund to invest in early-stage African tech startups

Flat6Labs, a Middle East and North Africa (MENA) region’s leading seed and early-stage venture capital firm, today announced the launch of a new $95 million venture capital fund to expand its footprint and impact in Africa. Flat6Labs said it will

Flat6Labs, a Middle East and North Africa (MENA) region’s leading seed and early-stage venture capital firm, today announced the launch of a new $95 million venture capital fund to expand its footprint and impact in Africa. Flat6Labs said it will […]

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The Silicon Valley Bank contagion is unlikely to affect fundraising for Southeast Asia startups, VCs say

The collapse of Silicon Valley Bank (SVB) on Friday afternoon left venture capital firms, tech companies, and startups scrambling in uncertainty. Then over the weekend, the FDIC, Treasury, and the Federal Reserve stepped in to reassure depositors their cash is

The collapse of Silicon Valley Bank (SVB) on Friday afternoon left venture capital firms, tech companies, and startups scrambling in uncertainty. Then over the weekend, the FDIC, Treasury, and the Federal Reserve stepped in to reassure depositors their cash is […]

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Meta to lay off 10,000 employees in second round of job cuts, just four months after it let go 11,000 employees

Facebook-parent company Meta announced on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000 employees, making the social giant the first Big Tech company to announce a second round of mass layoffs. In a message

Facebook-parent company Meta announced on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000 employees, making the social giant the first Big Tech company to announce a second round of mass layoffs. In a message […]

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Samsung Next backs a $45M investment in Israeli startup Mitiga to transform incident response for cloud and SaaS environments

In 2022, it was estimated that 90 percent of organizations had a hybrid and multi-cloud environment. This opens up the potential for hackers and bad actors to move between on-premises data centers and cloud providers, as well as lateral attacks

In 2022, it was estimated that 90 percent of organizations had a hybrid and multi-cloud environment. This opens up the potential for hackers and bad actors to move between on-premises data centers and cloud providers, as well as lateral attacks […]

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Top startup news for Monday, March 13, 2023: Amazon, Connectd, Meta, Pfizer, Rivian, Qualtrics, and SaasGuru

Good evening! Below are some of the top tech startup news stories for Monday, March 13, 2023. Meta winds down NFTs on its platforms amid the crypto bust As the crypto market continues on its downward spiral, Facebook parent company Meta

Good evening! Below are some of the top tech startup news stories for Monday, March 13, 2023. Meta winds down NFTs on its platforms amid the crypto bust As the crypto market continues on its downward spiral, Facebook parent company Meta […]

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Pfizer acquires cancer treatment biotech firm Seagen for $43 billion

Pfizer has acquired Seattle-based cancer treatment biotech firm Seagen for $43 billion. In an announcement on Monday, Pfizer CEO Albert Bourla said the acquisition will enable the pharmaceutical giant to deliver Seagen’s cancer therapy to the world “at a scale

Pfizer has acquired Seattle-based cancer treatment biotech firm Seagen for $43 billion. In an announcement on Monday, Pfizer CEO Albert Bourla said the acquisition will enable the pharmaceutical giant to deliver Seagen’s cancer therapy to the world “at a scale […]

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Qualtrics acquired for $12.5 billion by Silver Lake and CPP Investments

Last week we wrote about Qualtrics after the survey software company received a $12.4 billion buyout offer from Silver Lake and Canada’s CPPIB. Today, Silver Lake and CPP Investments announced it plans to acquire Qualtrics for $12.5 billion, making it

Last week we wrote about Qualtrics after the survey software company received a $12.4 billion buyout offer from Silver Lake and Canada’s CPPIB. Today, Silver Lake and CPP Investments announced it plans to acquire Qualtrics for $12.5 billion, making it […]

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Connectd raises $2.6 million to help grow and manage relationships in the startup ecosystem

Relationships, networking, and community are critical to building a successful startup. These critical components provide startups with access to resources such as funding, mentorship, talent, and industry knowledge that can help them succeed. By connecting with other entrepreneurs, investors, and

Relationships, networking, and community are critical to building a successful startup. These critical components provide startups with access to resources such as funding, mentorship, talent, and industry knowledge that can help them succeed. By connecting with other entrepreneurs, investors, and […]

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Rivian in talks to end exclusivity deal with Amazon for its EV delivery trucks and court new customers

Electric vehicle (EV) maker Rivian Automotive is in talks with its largest shareholder Amazon to end the exclusivity part of their electric van deal, CNBC reported, citing the company spokeswoman. As we reported back in 2019, Amazon had placed an

Electric vehicle (EV) maker Rivian Automotive is in talks with its largest shareholder Amazon to end the exclusivity part of their electric van deal, CNBC reported, citing the company spokeswoman. As we reported back in 2019, Amazon had placed an […]

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