Author Archives: Techme101

Pruna AI open sources its AI model optimization framework

Posted on March 20, 2025 by Techme101

Pruna AI, a European startup that has been working on compression algorithms for AI models, is making its optimization framework open source on Thursday. Pruna AI has been creating a framework that applies several efficiency methods, such as caching, pruning, … Continue reading →

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Amid calls for sovereign EU tech stack, Evroc raises $55M to build a hyperscale cloud in Europe

Posted on March 20, 2025 by Techme101

A Swedish startup aiming to build a hyperscale cloud company in Europe has raised €50.6 million ($55 million) in Series A funding. Evroc, as it’s called, says it’s laying the foundations for a “secure, sovereign and sustainable hyperscale cloud to … Continue reading →

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ChatGPT hit with privacy complaint over defamatory hallucinations

Posted on March 20, 2025 by Techme101

OpenAI is facing another privacy complaint in Europe over its viral AI chatbot’s tendency to hallucinate false information — and this one might prove tricky for regulators to ignore. Privacy rights advocacy group Noyb is supporting an individual in Norway … Continue reading →

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Michael Seibel is leaving Y Combinator

Posted on March 20, 2025 by Techme101

Michael Seibel announced late Wednesday on X that after more than 12 years at the famed accelerator Y Combinator, he is transitioning to a “partner emeritus” role. Y Combinator CEO Garry Tan shared the news separately in a company blog … Continue reading →

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ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA

Posted on March 20, 2025 by Techme101

Debt collection in emerging markets often feels outdated and can be costly — damaging borrower trust. As consumer lending surges and regulators push for fairer practices, legacy collection outfits are struggling to maintain pace. ClearGrid aims to help modernize debt … Continue reading →

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SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal

Posted on March 20, 2025 by Techme101

SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure. Ampere will … Continue reading →

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Next-Gen AI: Latest Microsoft and NVIDIA Collaboration is a ‘Significant Leap Forward’

Posted on March 20, 2025 by Techme101

With NVIDIA’s GTC 2025 event in full swing, the company’s partnership with Microsoft is in the spotlight for some AI-focused announcements, including integrating Blackwell with Azure.

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How a $6M bet on Wiz turned into a massive 200x return for one early backer

Posted on March 20, 2025 by Techme101

Wiz’s $32 billion all-cash acquisition by Google parent Alphabet promises a colossal payday for the cybersecurity startup’s early-stage investors. The deal is a big win for Sequoia, one of the best-known VC firms, which stands to make $3 billion, about … Continue reading →

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SoftBank to acquire chip designer Ampere in $6.5 billion deal

Posted on March 20, 2025 by Techme101

SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion.

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OpenAI’s o1-pro is the company’s most expensive AI model yet

Posted on March 19, 2025 by Techme101

OpenAI has launched a more powerful version of its o1 “reasoning” AI model, o1-pro, in its developer API. According to OpenAI, o1-pro uses more computing than o1 to provide “consistently better responses.” Currently, it’s only available to select developers — … Continue reading →

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