OpenAI may have billions of dollars in the bank. But it’s gearing up to raise billions more, according to a report from The Wall Street Journal. Per The WSJ, OpenAI is in talks to secure up to $40 billion in a funding round that would value the startup at $340 billion. SoftBank would lead the […]
OpenAI said to be in talks to raise $40B at a $340B valuation Read More »
The data center market is booming, driven by AI demand. Just last week, OpenAI said that it plans to team up with backers including SoftBank to spend at least $100 billion on data center infrastructure in the U.S. Microsoft aims to put around $80 billion toward AI infrastructure this year, and rival tech giants have
Data center operator DataBank nets $250M equity investment Read More »
Even just a few years ago, FinOps — a collection of best practices to manage the costs of cloud computing — wasn’t something that was top of mind for a lot of businesses. Since then, though, businesses have started tightening their purses. Today, FinOps is pretty much a standard discipline, and there are dozens of
Finout raises $40M Series C for its cloud cost management service Read More »
Chinese AI company DeepSeek made global headlines for helping spark a massive sell-off in U.S. tech stocks on Monday, with Nvidia dropping almost 20%. In China, the hype around DeepSeek has sent shares of some public companies with supposed ties to it soaring. The problem: There’s no evidence these companies ever invested in or cooperated
DeepSeek triggered a wild, baseless rally for some Chinese stocks Read More »
Openvibe’s clever app that integrates multiple open social networks including Bluesky, Mastodon, Nostr, and Threads, just got a boost toward its future development. The company on Tuesday announced that it has received outside investment of $800,000 in a round led by Czech Founders VC, which includes backing from WordPress.com and Tumblr parent company, Automattic, as
Automattic and others back Openvibe, an app that’s unifying the open social web Read More »
Falls are common for older people living semi-independently. According to the CDC, they’re the leading cause of injury for adults aged 65 and up. On average, about 10% of these falls are serious, requiring medical attention. Yet many fall victims don’t get the treatment they need. George Netscher, a software developer by training, watched his
It can be challenging for developers of fintech apps to integrate repayment, balance transfer, and bill pay functionality. Devs often have to deal with a patchwork of brittle screen-scraping APIs to extract data from users’ financial institutions — or worse, tools to process mounds of physical checks and paperwork. Three friends and entrepreneurs — Jose
The global supply chain is under strain, and one of the reasons is a lack of visibility into how shipments are being transported around the world. According to one recent survey, nearly half of the organizations polled reported having little-to-no visibility into their upstream supply chains. In search of a remedy, Krenar Komoni, who’d for
Tive’s tools help companies track the status of their shipments in real time Read More »
Many nonprofits are stuck with outdated, expensive, and limited tech that hinders their ability to fund their mission or cause. While most consider adopting tech to be a priority, they’re faced with a number of blockers, including siloed data and issues with integration. Peter Byrnes, the co-founder of Fundraise Up, a Brooklyn-based fundraising platform for
Fundraise Up claims its AI can boost nonprofit donations Read More »
This month, drama unfolded across mainstream social media platforms like TikTok, which briefly went dark in the U.S. before a rapid return. Instagram recently faced backlash after ending its third-party fact-checking program. At the same time, startups like Favorited are attracting attention from investors, creators, and viewers. On Wednesday, the livestream app announced its $1.3
Livestream app Favorited, a new TikTok alternative, gets backing from a16z Read More »
