Gulf Deal-Making Spree Also Benefited Elon Musk and His Family

Posted on May 20, 2025 by Techme101

The world’s richest man inked new deals as he tagged along on Trump’s tour of the Gulf.

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Once worth over $1B, Microsoft-backed Builder.ai is running out of money

Posted on May 20, 2025 by Techme101

AI software company Builder.ai is entering insolvency proceedings, a company spokesperson confirmed to TechCrunch. The Microsoft-backed unicorn, which has raised more than $450 million in funding, rose to prominence for its AI-based platform that aimed to simplify the process of building apps and websites. According to the spokesperson, Builder.ai, also known as Engineer.ai Corporation, is […]

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Agentic AI platform Manus launches a paid plan for teams

Posted on May 20, 2025 by Techme101

Manus, the once-buzzy AI agent platform, on Tuesday launched a plan aimed at small businesses and organizations. The plan, dubbed Manus Team, starts at $39 per seat per month with a five-seat minimum, totaling $195 per month. Each team gets 19,500 credits in a sharable pool, as well as access to certain features in beta, […]

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Adaptation Ventures is a new angel investor group focused on disability and accessibility tech

Posted on May 20, 2025 by Techme101

The global assistive technology market was valued at more than $22 billion in 2023 and is projected to grow substantially by 2030. Despite the potential market size, many founders building tech to help people with disabilities struggle to secure the kind of early funding needed to get their companies off the ground in the first […]

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SparkCharge raises $30M to help fleets electrify without commitments

Posted on May 20, 2025 by Techme101

SparkCharge raised $15.5 million in equity and secured a $15 million loan to expand its fleet charging operations.

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Cyber attack threat keeps me awake at night, bank boss says

Posted on May 20, 2025 by Techme101

Ian Stuart, from HSBC, said banks were spending “enormous” sums shoring up their IT systems.

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OpenAI’s Codex is part of a new cohort of agentic coding tools

Posted on May 20, 2025 by Techme101

Last Friday, OpenAI introduced a new coding system called Codex, designed to perform complex programming tasks from natural language commands. Codex moves OpenAI into a new cohort of agentic coding tools that is just beginning to take shape. From GitHub’s early Copilot to contemporary tools like Cursor and Windsurf, most AI coding assistants operate as […]

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Gravitee, a platform that helps companies manage APIs, raises $60M

Posted on May 20, 2025 by Techme101

Gravitee, a platform designed to help companies manage their APIs and other digital traffic pipelines, has raised $60 million in a Series C funding round led by Sixth Street Growth with participation from Riverside Acceleration Capital and Albion VC. The new capital, which brings Gravitee’s total raised to just over $125 million, will be used […]

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How Peter Thiel’s Relationship With Eliezer Yudkowsky Launched the AI Revolution

Posted on May 20, 2025 by Techme101

The AI doomer and the AI boomer both created each other’s monsters. An excerpt from The Optimist: Sam Altman, OpenAI, and the Race to Invent the Future.

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Affiniti’s 20- and 22-year-old founders raise $17M led by SignalFire just 6 months after an $11M seed

Posted on May 20, 2025 by Techme101

Affiniti founders Aaron Bai and Sahil Phadnis are building the kind of expense management software for main street small businesses that tech startups have enjoyed for years.

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