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xAI closes $6 billion in Series C funding from A16Z, Blackrock, Sequoia, NVIDIA, and others

After weeks of speculation, Elon Muskโ€™s AI startup xAI has closed a massive $6 billion Series C funding round. This latest investment includes high-profile names like A16Z, Blackrock, and Fidelity Management & Research Company. Other notable backers include Kingdom Holdings, [โ€ฆ]

The post xAI closes $6 billion in Series C funding from A16Z, Blackrock, Sequoia, NVIDIA, and others first appeared on Tech Startups.

Userway faces class action lawsuit over alleged false accessibility and ADA compliance claims

Userway is facing a class action lawsuit filed by Bloomsybox.com, LLC, accusing the company of making misleading claims about its accessibility widget. The lawsuit, filed at Delaware District Court, alleges that Userway promoted its product as a simple, foolproof solution [โ€ฆ]

The post Userway faces class action lawsuit over alleged false accessibility and ADA compliance claims first appeared on Tech Startups.

Apple nears $4 trillion valuation, surpassing Nvidia amid AI boost and iPhone surge

Apple is on the verge of reaching an unprecedented $4 trillion market valuation, buoyed by investor excitement over its recent AI-driven initiatives aimed at reviving sluggish iPhone sales. The news comes just over a month ago afterย Nvidia claimed the title [โ€ฆ]

The post Apple nears $4 trillion valuation, surpassing Nvidia amid AI boost and iPhone surge first appeared on Tech Startups.

Fiserv to acquire Canadaโ€™s Payfare in $140M deal to expand payment solutions for gig workers

U.S.-based fintech giant Fiserv is set to acquire Canadian payments platform Payfare in a deal valued at C$201.5 million ($140 million). Announced Monday, the acquisition positions Fiserv to deepen its offerings for gig economy workers, a rapidly growing segment that [โ€ฆ]

The post Fiserv to acquire Canadaโ€™s Payfare in $140M deal to expand payment solutions for gig workers first appeared on Tech Startups.

OpenAI unveils o3, a next-gen reasoning model that approaches AGI

OpenAI has announced its latest AI reasoning models, o3 and o3-mini, which aim to tackle complex problems with greater precision and efficiency. These models represent a significant leap in AI capabilities, building on the foundation set by the o1 series [โ€ฆ]

The post OpenAI unveils o3, a next-gen reasoning model that approaches AGI first appeared on Tech Startups.

Marc Andreessen on Elon Musk: The hands-on CEO who inspires loyalty by solving problems side-by-side with frontline engineers

Elon Muskโ€™s track record of success is undeniable, with achievements spanning industries like electric vehicles, space exploration, and renewable energy. From his six rules for insane productivity to 120-hour workweeks, what truly sets Musk apart isnโ€™t just the scale of [โ€ฆ]

The post Marc Andreessen on Elon Musk: The hands-on CEO who inspires loyalty by solving problems side-by-side with frontline engineers first appeared on Tech Startups.

OpenAI fined โ‚ฌ15 million for using personal data to train ChatGPT without consent

Since its launch over two years ago, OpenAIโ€™s ChatGPT has attracted over 100 million users, with 300 million engaging weekly. But as its popularity grows, so do concerns about how personal data is used. Recent findings reveal that OpenAI trained [โ€ฆ]

The post OpenAI fined โ‚ฌ15 million for using personal data to train ChatGPT without consent first appeared on Tech Startups.

TikTokโ€™s survival hopes rise as U.S. Supreme Court steps in to hear case against looming ban

TikTokโ€™s hope of survival rose on Thursday as the U.S. Supreme Court agreed to hear its bid to block the looming ban.ย The U.S. Supreme Court announced Wednesday it will review TikTokโ€™s appeal against a law set to force the appโ€™s [โ€ฆ]

The post TikTokโ€™s survival hopes rise as U.S. Supreme Court steps in to hear case against looming ban first appeared on Tech Startups.

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