❌

Normal view

There are new articles available, click to refresh the page.
Today β€” 10 January 2025Main stream

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

10 January 2025 at 08:53

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, […]

The post Philippine fintech startup GCash eyes $1.5 billion IPO, hires banks first appeared on Tech Startups.

Yesterday β€” 9 January 2025Main stream

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

9 January 2025 at 14:39

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.

Microsoft is laying off more employees amid AI growth challenges

9 January 2025 at 05:40

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 […]

The post Microsoft is laying off more employees amid AI growth challenges first appeared on Tech Startups.

Before yesterdayMain stream

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

7 January 2025 at 08:15

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

7 January 2025 at 07:21

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

7 January 2025 at 06:41

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.

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

6 January 2025 at 19:08

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

The post Sam Altman’s cryptic tweet suggests AI nears singularity, surpassing human intelligence first appeared on Tech Startups.

Microsoft plans $80 billion AI infrastructure investment in 2025

6 January 2025 at 10:18

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 […]

The post Microsoft plans $80 billion AI infrastructure investment in 2025 first appeared on Tech Startups.

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

6 January 2025 at 08:49

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.

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

3 January 2025 at 09:58

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.

❌
❌