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Philippine fintech startup GCash eyes $1.5 billion IPO, hires banks

Philippine fintech startup GCash is gearing up for what could become the country’s largest stock offering, with plans to raise up to $1.5 billion through a domestic IPO. The company has enlisted major financial players, including Citi, Jefferies, and UBS, […]

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TikTok’s future hangs in the balance as US Supreme Court weighs free speech arguments over ban

The future of TikTok is at stake and could be decided soon as the U.S. Supreme Court considers free speech arguments over a potential nationwide ban. If its China-based owner, ByteDance, doesn’t relinquish control of the app, TikTok might no longer […]

The post TikTok’s future hangs in the balance as US Supreme Court weighs free speech arguments over ban first appeared on Tech Startups.

Payroll startup Deel accused of money laundering, sanctions failures in Ponzi scheme lawsuit

Deel, a human resources and payroll startup founded by MIT alumni Alex Bouaziz and Shuo Wang, has been accused of a money laundering lawsuit alleging its involvement in a Florida-based Ponzi scheme. The suit claims Deel facilitated fund transfers tied […]

The post Payroll startup Deel accused of money laundering, sanctions failures in Ponzi scheme lawsuit first appeared on Tech Startups.

E-commerce startup PrettyDamnQuick raises $25 million in Series A funding to speed up online checkout

PrettyDamnQuick (PDQ), an e-commerce startup focused on helping retailers tailor and test shipping and checkout flows, is carving out a niche as a viable alternative to Amazon. By offering brands a way to personalize these critical aspects of the shopping […]

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Microsoft is laying off more employees amid AI growth challenges

Despite Microsoft’s market valuation surpassing $3 trillion in 2024, fueled by rising AI demands, the Redmond giant continues to adjust its workforce strategy, cutting roles even as it eyes future growth. Microsoft confirmed on Wednesday it is laying off a […]

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Movement Labs, a blockchain startup founded by Vanderbilt University dropouts, eyes $3 billion valuation in new funding round

Movement Labs, a blockchain startup, is gearing up for a Series B funding round that could secure $100 million and bring the company’s valuation to $3 billion, according to an exclusive report from Reuters. The round is reportedly led by […]

The post Movement Labs, a blockchain startup founded by Vanderbilt University dropouts, eyes $3 billion valuation in new funding round first appeared on Tech Startups.

AI startup Anthropic is raising $2B in new funding at $60 billion valuation

AI startup Anthropic, known for its AI assistant Claude, is reportedly in discussions to secure $2 billion in funding. If successful, this round would push the company’s valuation to an impressive $60 billion, positioning it as a major contender in […]

The post AI startup Anthropic is raising $2B in new funding at $60 billion valuation first appeared on Tech Startups.

Nvidia unveils Project Digits, a $3,000 personal AI supercomputer that’s 1,000x more powerful than the average laptop

Soon, running your own AI model at home could be as routine as using a laptop, thanks to Nvidia’s latest breakthrough in AI supercomputing. On Monday at CES 2025, the company unveiled Project Digits, a personal AI supercomputer priced at […]

The post Nvidia unveils Project Digits, a $3,000 personal AI supercomputer that’s 1,000x more powerful than the average laptop first appeared on Tech Startups.

Meta ends fact-checking on Facebook and Instagram, introduces Community Notes in a free speech push

In a shocking development, Meta has decided to end fact-checking across its social platforms. Meta announced Tuesday that it is scrapping its third-party fact-checking program across Facebook and Instagram, signaling a major shift in its approach to content moderation. Instead, […]

The post Meta ends fact-checking on Facebook and Instagram, introduces Community Notes in a free speech push first appeared on Tech Startups.

CES 2025: The 10 most impressive tech gadgets and innovations unveiled so far

Tech companies from around the world have once again gathered in Las Vegas to unveil their latest gadgets and ideas at CES 2025. As always, the event is buzzing with excitement, promising to deliver a year’s worth of tech news […]

The post CES 2025: The 10 most impressive tech gadgets and innovations unveiled so far first appeared on Tech Startups.

Nvidia soars past $3.7 trillion valuation with Blackwell GPU launch

Just days after Apple briefly surpassed Nvidia in market value, the chipmaker is back on top following the debut of its Blackwell GPU. Nvidia’s stock surged to an all-time high of $153.58 in premarket trading, bringing the company’s valuation to […]

The post Nvidia soars past $3.7 trillion valuation with Blackwell GPU launch first appeared on Tech Startups.

Employer.com offers $30 million to acquire troubled benefits startup Level just 5 days after abrupt shutdown

Employer.com, a San Francisco-based company focused on acquiring human resources businesses, has made a $30 million cash-and-stock offer to buy Level, a benefits startup that recently announced its closure. The Information broke the news, citing a source with direct knowledge […]

The post Employer.com offers $30 million to acquire troubled benefits startup Level just 5 days after abrupt shutdown first appeared on Tech Startups.

Sam Altman’s cryptic tweet suggests AI nears singularity, surpassing human intelligence

OpenAI CEO Sam Altman rang in 2025 with a puzzling six-word tweet, sparking discussions about whether humanity is nearing—or has already crossed—the technological singularity. Adding fuel to the fire, another OpenAI researcher hinted at breakthroughs in creating superintelligence. Altman’s tweet, […]

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Sierra Space CEO Tom Vice steps down amid challenges as $5 billion startup struggles to launch space plane

Sierra Space CEO Tom Vice has left the company. Vice stepped down from his role, according to a report from CNBC. Chairman Fatih Ozmen will serve as interim CEO, with Eren Ozmen as president. The company also confirmed in a statement […]

The post Sierra Space CEO Tom Vice steps down amid challenges as $5 billion startup struggles to launch space plane first appeared on Tech Startups.

Microsoft plans $80 billion AI infrastructure investment in 2025

Microsoft is gearing up for a massive $80 billion investment in fiscal 2025 to expand its data center network for training AI models and powering cloud-based applications. The company shared its ambitious plan last week, emphasizing its commitment to AI […]

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OpenAI is losing money on ChatGPT Pro subscription plan, CEO Sam Altman says

OpenAI is grappling with an unexpected financial challenge: its ChatGPT Pro subscription, priced at $200 per month, is losing money. The subscription’s popularity has driven usage beyond initial projections, leading to operational costs that exceed revenue. In a late-night post […]

The post OpenAI is losing money on ChatGPT Pro subscription plan, CEO Sam Altman says first appeared on Tech Startups.

Singapore-based startup Digital Edge raises $1.6 billion to fuel AI-driven data center expansion across Asia

Singapore-based data center startup Digital Edge has raised over $1.6 billion in funding through a mix of equity and debt financing, the company announced on Monday. This comes as demand for data centers surges, fueled by the growing need for […]

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Amit Yoran, CEO of cybersecurity firm Tenable, dies unexpectedly after battle with cancer

Amit Yoran, who led Tenable as its CEO and chair, passed away on Friday at the age of 54. His death, described as unexpected, was confirmed by Tenable in a press release on Saturday. Yoran had taken medical leave last […]

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Databricks and Snowflake in talks to buy AI search startup Voyage, reports

Databricks and Snowflake are reportedly in talks with Voyage AI, a rising star in AI search technology, about a potential acquisition, according to an exclusive report from The Information. Sources familiar with the matter revealed that representatives from both companies […]

The post Databricks and Snowflake in talks to buy AI search startup Voyage, reports first appeared on Tech Startups.

Nvidia’s market value soars $2 trillion in 2024 amid AI boom, emerging as the top global market cap gainer

2024 will go down as a landmark year for Nvidia. The chipmaking powerhouse saw its market capitalization skyrocket, fueled by unprecedented demand for its GPUs and the surging interest in artificial intelligence technologies. On November 7, Nvidia’s shares reached a […]

The post Nvidia’s market value soars $2 trillion in 2024 amid AI boom, emerging as the top global market cap gainer first appeared on Tech Startups.

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