Earlier today, we reported that Meta AI has gone into panic mode following the meteoric rise of free open-source DeepSeek, a Chinese AI model that has taken the industry by storm. DeepSeek outperformed leading AI systems, including Meta’s Llama 3.1, […]

The post From DeepSeek to ByteDance: American Tech CEOs Sound Alarm on China’s AI Breakthroughs first appeared on Tech Startups.

Fraud allegations have once again sent shockwaves through the startup world, this time centering on GameOn, a San Francisco-based AI chatbot startup recently valued at $80 million. Federal prosecutors revealed Thursday that Alexander Beckman, the 41-year-old founder and CEO of […]

The post Founder of $80 million AI chatbot startup GameOn indicted for fraud in San Francisco first appeared on Tech Startups.

The U.S. Securities and Exchange Commission (SEC) has officially repealed SAB 121, an accounting rule introduced in 2022 that required banks to classify bitcoin and other cryptocurrencies as liabilities on their balance sheets, according to a public notice posted on […]

The post SEC revokes controversial rule SAB 121, paving way for Wall Street’s bitcoin and crypto adoption first appeared on Tech Startups.

Late last year, we reported on a Chinese AI startup that surprised the industry with the launch of DeepSeek, an open-source AI model boasting 685 billion parameters. What made headlines wasn’t just its scale but its performance—it outpaced OpenAI and […]

The post Meta AI in panic mode as free open-source DeepSeek gains traction and outperforms for far less first appeared on Tech Startups.

AI had a busy week, with announcements ranging from OpenAI’s new task-performing agent to Tencent’s advances in 3D design. The pace of innovation in artificial intelligence shows no signs of slowing down, and this week was no exception. Major players like […]

The post This week in AI: Top 10 AI news stories you need to know first appeared on Tech Startups.

OpenAI on Thursday rolled out two significant updates: ‘Operator’, an AI agent that can perform web-based tasks like buying groceries or managing expense reports, and the o3-mini model, which will now be available to ChatGPT’s free-tier users. In a post […]

The post OpenAI launches Operator AI agent, expands free ChatGPT features with o3-Mini model first appeared on Tech Startups.

Stripe has laid off 300 employees, representing 3.5% of its workforce, with the majority of the cuts affecting roles in key departments including product, engineering, and operations, CNBC reported. Despite the layoffs, the payments giant—valued at around $70 billion in […]

The post Stripe lays off 300 employees, or 3.5% of its global workforce, amid major restructuring efforts first appeared on Tech Startups.

London, England, 23rd January 2025, Chainwire

The post World Mobile Partners with Tenity, Unveils $25 Million Grant Program to Drive DePIN Innovation first appeared on Tech Startups.

Private equity firm Everstone has secured a majority stake in Indian SaaS startup Wingify in a deal valued at approximately $200 million, TechCrunch reported, citing three sources familiar with the transaction. The acquisition, finalized earlier this week, highlights Wingify’s remarkable […]

The post Everstone acquires bootstrapped Indian SaaS startup Wingify in $200 million deal first appeared on Tech Startups.

Less than a month after blaming high error rates for API and Sora for ChatGPT outages, OpenAI announced this morning that its AI chatbot app is experiencing an “elevated Error Rate for ChatGPT and API.”  ChatGPT has been down for […]

The post ChatGPT is down again: OpenAI’s ChatGPT is hit with outages. Here’s what you need to know first appeared on Tech Startups.

Just a day after dismissing rumors about an imminent launch, The Information reported this evening that OpenAI is moving closer to its goal of artificial general intelligence (AGI) by developing a system capable of performing like a seasoned software engineer. […]

The post OpenAI targets AGI with system that thinks like a pro engineer, a day after dismissing rumors of an imminent launch first appeared on Tech Startups.

Managing internal knowledge has always been a headache for enterprises. Siloed data, outdated tools, and endless security concerns make it harder for teams to get the answers they need when they need them. That’s where Doti AI comes in, an […]

The post Israeli AI startup Doti AI raises $7M to empower enterprises to access internal knowledge and unlock their data silos first appeared on Tech Startups.

Meta has invested in data analytics startup Databricks, the company revealed on Wednesday, according to a report from CNBC. This addition to Databricks’ roster of investors underscores the startup’s rapid rise in the AI-driven software industry. The news comes just […]

The post Meta joins $10 billion investment in Databricks as data analytics startup prepares for potential IPO first appeared on Tech Startups.

Crypto industry watchers will remember that one of the biggest developments in 2024 was the approval of spot ETFs for both Bitcoin and Ether. The ETFs had been heavily pursued within the crypto space and finally having them approved was […]

The post XRP ETF Rumors Rile Up Investors and Pump Price first appeared on Tech Startups.

Music AI, the AI startup behind the widely acclaimed Moises app, has raised $40 million in a Series A funding round led by Connect Ventures—a partnership between Creative Artists Agency (CAA) and NEA—and Brazilian investment giant, monashees. Additional backers include […]

The post Music AI, creator of Moises, raises $40M Series A to revolutionize ethical AI in audio and music first appeared on Tech Startups.

In a move that has reignited debate around justice in the digital age, President Donald Trump granted a full and unconditional pardon to Ross Ulbricht, the founder of the infamous dark web marketplace Silk Road. Ulbricht, who was serving two […]

The post Silk Road founder Ross Ulbricht is finally free: Granted full pardon by Trump, ending life sentences first appeared on Tech Startups.

Google is doubling down on artificial intelligence with a fresh $1 billion investment in Anthropic, according to a report by the Financial Times on Wednesday. This new funding, which pushes the AI startup’s valuation to a staggering $60 billion, is […]

The post Google invests another $1 billion in AI startup Anthropic as AI race heats up first appeared on Tech Startups.

Just hours after unveiling what he called the largest AI infrastructure project in U.S. history, President Donald Trump took to X (formerly Twitter) to share another staggering milestone. The United States has already secured nearly $3 trillion in new investments, […]

The post President Trump: US secures $3 trillion in investments on his first day in office, projects $7 trillion by week’s end first appeared on Tech Startups.

OpenAI on Tuesday announced the launch of Stargate Project—a bold initiative aiming to inject $500 billion into advanced AI infrastructure across the United States over the next four years. The Stargate Project is a U.S.-based artificial intelligence (AI) company founded […]

The post Project Stargate: OpenAI, SoftBank, and Oracle to invest $500 billion to build AI infrastructure in the U.S. first appeared on Tech Startups.

Microsoft announced on Tuesday that it has renewed and expanded its strategic partnership with OpenAI, setting the stage for advancements in artificial intelligence through the end of the decade. The partnership, which began in 2019, now enters a new phase, […]

The post Microsoft extends strategic partnership with OpenAI, charting AI’s future through 2030 first appeared on Tech Startups.