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Author Archives: Techme101
AI chip startup FuriosaAI reportedly turns down $800M acquisition offer from Meta
FuriosaAI, a South Korean startup that makes chips for AI applications, has rejected an $810 million acquisition offer from Meta.
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Ex-Network International execs raise $6M for Enza, an African fintech serving banks
Over the past decade, Dubai-based Network International has become one of the dominant payment processors across the Middle East and Africa, thanks in part to a pair of acquisitions. However, many large incumbents can fall prey to slower innovation, opening … Continue reading
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China’s open-source embrace upends conventional wisdom around artificial intelligence
China’s artificial intelligence space is moving towards free-use, open-sourced models in a trend that experts say will accelerate AI adoption and innovation.
Trump’s Aggression Sours Europe on US Cloud Giants
Companies in the EU are starting to look for ways to ditch Amazon, Google, and Microsoft cloud services amid fears of rising security risks from the US. But cutting ties won’t be easy.
DNA testing site 23andMe files for bankruptcy protection
The company said that it will now attempt to sell itself under the supervision of a court.
DNA testing company 23andMe files for bankruptcy protection, CEO resigns
Genetics testing company 23andMe has filed for Chapter 11 bankruptcy protection in the U.S. to initiate the sale of its assets. Alongside the announcement, the company’s co-founder and CEO Anne Wojcicki separately said she is leaving the company to become … Continue reading
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Former Cruise CEO Kyle Vogt’s new robotics startup reportedly raises another $150M
The Bot Company, the robotics startup founded by former Cruise co-founder and CEO Kyle Vogt, has raised $150 million in a round led by Greenoaks, according to Reuters, citing unnamed sources. Vogt founded the startup with Paril Jain, who led … Continue reading
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Buy now, pay later . . . for a burrito?
In 2010, a programmer who was mining bitcoin famously made the comically expensive mistake of spending 10,000 bitcoin on two pizzas. As of this writing, those coins would be worth $850 million dollars. While there are few comparisons to that … Continue reading
Barack Obama joins Bluesky
Social network Bluesky, an alternative to X built on open source technologies, has scored a big win in terms of attracting notable users to its platform. The company on Sunday confirmed that former president Barack Obama has joined its service. … Continue reading
Browser Use, the tool making it easier for AI ‘agents’ to navigate websites, raises $17M
We may not have an agreed-upon definition of AI “agent” yet, but a multitude of startups want to create “agentic” tools to automate various tasks online. One such firm, Browser Use, has attracted a ton of interest from developers and … Continue reading
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