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Before yesterdayMain stream

Cloud startupΒ Nuon exits stealth with $16.5M in funding to bring BYOC to the masses

18 December 2024 at 08:41

Much of what we know about cloud software today comes from early innovators like Facebook, Google, and Netflix. While these companies helped shape the consumer cloud, modern B2B software faces an entirely different set of challenges. Traditional SaaS models often […]

The post Cloud startupΒ Nuon exits stealth with $16.5M in funding to bring BYOC to the masses first appeared on Tech Startups.

Oman Investment Authority takes stake in Elon Musk’s AI startup xAI

18 December 2024 at 06:36

The Oman Investment Authority (OIA), the sovereign wealth fund of Oman, has taken a stake in xAI, Elon Musk’s artificial intelligence startup. OIA, which already holds shares in Musk’s SpaceX, announced the deal through the Omani state news agency on […]

The post Oman Investment Authority takes stake in Elon Musk’s AI startup xAI first appeared on Tech Startups.

Software startup ServiceTitan valued at $8.97 billion as stock pops 42% in IPO debut on Nasdaq

12 December 2024 at 10:41

Shares of ServiceTitan surged 42% during its U.S. market debut on Thursday, boosting the company’s valuation to $8.97 billionβ€”over $3 billion higher than its targeted valuation of $5.16 billion just a week ago. The stock opened at $101 on Nasdaq, […]

The post Software startup ServiceTitan valued at $8.97 billion as stock pops 42% in IPO debut on Nasdaq first appeared on Tech Startups.

Gigs secures $73 million in funding to help tech companies launch their own mobile services

12 December 2024 at 08:23

The telecom industry has long been closed off to new players, with high entry barriers keeping innovators at bay. For years, new entrants had to endure lengthy commercial negotiations with carriers and commit significant engineering resources to untangle a fragmented […]

The post Gigs secures $73 million in funding to help tech companies launch their own mobile services first appeared on Tech Startups.

Cloud database startup SkySQL raises $6.6M in funding to bring conversational AI to databases

11 December 2024 at 11:35

With AI gaining mainstream adoption, most companies are exploring generative AI applications powered by operational data, but delivering reliable and accurate results presents significant challenges. Today’s databases are often not optimized for AI, leading to issues like hallucinations, low accuracy, […]

The post Cloud database startup SkySQL raises $6.6M in funding to bring conversational AI to databases first appeared on Tech Startups.

OpenAI seeks to remove β€œAGI clause” in Microsoft deal to go full-for-profit

6 December 2024 at 08:51

OpenAI is reportedly in talks to amend its agreement with Microsoft, potentially removing a clause that limits Microsoft’s access to OpenAI’s most advanced AI models if artificial general intelligence (AGI) is developed, according to a report from the Financial Times. […]

The post OpenAI seeks to remove β€œAGI clause” in Microsoft deal to go full-for-profit first appeared on Tech Startups.

Cloud data startup Veeam reaches $15 billion valuation in $2 billion secondary sale ahead of IPO

4 December 2024 at 06:49

Veeam Software, a cloud data startup that provides secure data backups on remote servers, has secured a $2 billion investment from a group of top-tier investors through a secondary offering. The funding, announced Tuesday, values the Swiss-based company at $15 […]

The post Cloud data startup Veeam reaches $15 billion valuation in $2 billion secondary sale ahead of IPO first appeared on Tech Startups.

London-based tech startup Stackfix raises $3 million to change the way businesses buy software

3 December 2024 at 10:01

Every year, businesses spend $1 trillion on software, but navigating the maze of options and outdated reviews often leads to poor purchasing decisions. Platforms like G2.com and Capterra rely heavily on user-generated reviews, which are frequently biased, incomplete, or outdated, […]

The post London-based tech startup Stackfix raises $3 million to change the way businesses buy software first appeared on Tech Startups.

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