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Redwire to acquire Edge Autonomy for $925M to boost space and defense technologies

Redwire Corp announced on Monday its agreement to acquire Edge Autonomy in a $925 million deal. The transaction will merge Redwire’s expertise in space technology with Edge Autonomy’s capabilities in autonomous systems, creating a company that spans defense and space […]

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From sugar factory to startup: Merit Systems raises $10M to reward open-source developers

Rewarding open-source developers has long been a challenge in the software industry. While open-source projects power the vast majority of the apps we use daily, the creators behind these efforts rarely receive recognition or financial rewards for their work. For […]

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OpenAI CEO Sam Altman debunks AGI rumors, dismisses speculation about imminent launch

OpenAI CEO Sam Altman has dismissed the growing wave of rumors on social media regarding the arrival of Artificial General Intelligence (AGI). According to Altman, the company has neither created nor plans to deploy AGI anytime soon. The speculation comes […]

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AI startup Perplexity AI proposes merger with TikTok U.S. in bid to reshape online content landscape

AI search engine startup Perplexity AI has submitted a proposal to merge with TikTok U.S., according to a report from CNBC, citing an anonymous source familiar with the matter. The bid was reportedly made on Saturday to ByteDance, the Chinese […]

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TikTok is back online: TikTok restored in the U.S. after temporary ban, and it’s thanks to Trump

After months of legal challenges, TikTok is back online for U.S. users. The app’s restoration comes just hours after President-elect Donald Trump stepped in to prevent it from β€œgoing dark.” The Chinese-owned social media platform confirmed its return in a […]

The post TikTok is back online: TikTok restored in the U.S. after temporary ban, and it’s thanks to Trump first appeared on Tech Startups.

President-elect Trump to grant TikTok 90-day extension to avoid ban, NBC reports

President-elect Donald Trump has indicated he will β€œmost likely” approve a 90-day extension for TikTok, delaying a potential ban in the United States. The popular Chinese-owned app is scheduled for removal as early as 12:01 a.m. Sunday but could temporarily […]

The post President-elect Trump to grant TikTok 90-day extension to avoid ban, NBC reports first appeared on Tech Startups.

The U.S. Supreme Court upholds the law banning TikTok but Trump lobbying may save it

The U.S. Supreme Court has upheld legislation mandating that ByteDance, TikTok’s Chinese parent company, divest its ownership by January 19, 2025, or face a nationwide ban. This decision stems from concerns over TikTok’s data collection practices and its ties to […]

The post The U.S. Supreme Court upholds the law banning TikTok but Trump lobbying may save it first appeared on Tech Startups.

Why Applying to an Accelerator Is the Best Route for Your Startup

Though interest rates have gone down slightly, ongoing market volatility means that funding for startups is still difficult. Risk-averse investors prioritize steady returns over the promise of a young company. Founders are navigating a tricky market, but as new federal […]

The post Why Applying to an Accelerator Is the Best Route for Your Startup first appeared on Tech Startups.

Silicon Valley defense startup Shield AI hits $5B valuation as it eyes $200M in funding from Palantir, others

Artificial intelligence startup Shield AI is set to nearly double its valuation, aiming for $5 billion as it works to secure a significant funding round.Β The San Diego-based company, which specializes in autonomous drones and military-grade AI software, is reportedly in […]

The post Silicon Valley defense startup Shield AI hits $5B valuation as it eyes $200M in funding from Palantir, others first appeared on Tech Startups.

SpaceX successfully catches giant Starship rocket mid-air for the second time

SpaceX continues to push the boundaries of rocket technology, achieving another milestone with the successful mid-air catch of its Super Heavy booster during the Starship Flight 7 test. The booster was caught using the towering β€œMechazilla” launch tower at the […]

The post SpaceX successfully catches giant Starship rocket mid-air for the second time first appeared on Tech Startups.

America-First Strategic Reserve: President-Elect Trump Backs β€˜America-First’ Crypto Reserve

After four years of regulatory hurdles under the Biden administration, the cryptocurrency community is embracing Donald Trump’s return to the White House. Industry insiders are optimistic about a shift in tone, anticipating executive orders that could legitimize the sector, expand […]

The post America-First Strategic Reserve: President-Elect Trump Backs β€˜America-First’ Crypto Reserve first appeared on Tech Startups.

Meter launches Supernova Core: A Cosmos SDK-compatible framework to address blockchain scalability and performance challenges

Cosmos SDK-based blockchains face significant hurdles in scaling effectively. As validator networks expand, existing consensus mechanisms often falter, creating performance bottlenecks that slow transaction throughput. Inefficient network communication and the overhead of validator consensus messages exacerbate these issues. Additionally, integrating […]

The post Meter launches Supernova Core: A Cosmos SDK-compatible framework to address blockchain scalability and performance challenges first appeared on Tech Startups.

Powerloom launches mainnet on Ethereum, unlocking new possibilities for Web3 apps

Powerloom, a composable data network for onchain applications, has officially launched its highly anticipated L2 mainnet on Ethereum. This milestone simplifies access to accurate and verifiable onchain data, removing traditional barriers like cost and complexity for developers. With over 5,300 […]

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Point72’s new AI fund Turion nears $1.5 billion after 14% returns in just 3 months, pauses new investments

Steven Cohen’s Point72 Asset Management has seen remarkable early success with its new AI-focused fund, Point72 Turion. Launched just three months ago, the fund has delivered a 14% return, quickly growing its assets to nearly $1.5 billion, according to Reuters, […]

The post Point72’s new AI fund Turion nears $1.5 billion after 14% returns in just 3 months, pauses new investments first appeared on Tech Startups.

E-commerce tech startup Rokt secures $335M secondary share offering, now valued at $3.5 billion

It’s been four years since we last featured Rokt, a New York-based tech startup that enhances eCommerce marketing by delivering personalized online shopping experiences. The company saw significant growth during the pandemic as the demand for online shopping surged. On […]

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Blue Origin successfully launches New Glenn rocket into orbit for the first time

Blue Origin, the aerospace venture launched by Jeff Bezos, has marked a major milestone 24 years after its inception. In the early hours of January 16, 2025, the company’s towering 320-foot New Glenn rocket achieved orbit for the first time, […]

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Elon Musk is hiring hardcore engineers: Join X to build the Everything Appβ€”No degree needed

Elon Musk has put out an open call for skilled engineers to help create an β€œeverything app.” In a tweet, Musk emphasized that qualifications like a college degree or big-name job experience don’t matter as much as a solid display […]

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Colossal Biosciences raises $200M at $10.2B valuation to revive woolly mammoths and other extinct species

In a fitting move for a company focused on bringing extinct species back to life, Dallas-based Colossal Biosciences has raised $200 million in Series C funding, becoming Texas’ first β€œdecacorn,” a term for private companies valued at over $10 billion. […]

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Aligned Data Centers raises $12 billion in funding to expand AI infrastructure amid rising demand

AI-focused infrastructure startup Aligned Data Centers announced on Wednesday it has raised over $12 billion in a new funding round. The capital includes $5 billion in primary equity from funds managed by Macquarie Asset Management and over $7 billion in […]

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Microsoft launches Copilot Chat: A pay-as-you-go AI assistant for corporate users

Microsoft has launched a new offering under its Copilot AI assistant lineup, providing businesses with a consumption-based pricing model. Dubbed β€œCopilot Chat,” this option serves as an alternative to the Microsoft 365 Copilot, which previously required companies to pay $30 […]

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