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HSBC Slashes Byju’s Valuation to Zero Amid Financial Woes and Investor Disputes

In a shocking turn of events, HSBC has revised its valuation of Indian edtech giant Byju’s to zero, a dramatic drop from its previous valuation of $22 billion. This development was revealed in a recent research note, signaling one of the most significant declines in startup valuations in recent memory. BlackRock, another major investor, has […]

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Carta’s Valuation Slashed by $6.5 Billion Amid Secondary Sale Challenges

Silicon Valley startup Carta, once a rapidly rising star in the tech ecosystem, is set to see its valuation slashed from $8.5 billion to $2 billion in an upcoming secondary sale. The drastic reduction reflects growing concerns about the company’s business model and recent controversies. A Major Valuation Drop Carta, known for its cap table […]

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Shopify Acquires Slack Alternative Threads.com

Shopify Expands Team Collaboration Tools with New Acquisition In a strategic move to bolster its internal communication capabilities, Shopify has acquired Threads.com, a Sequoia-backed alternative to Slack. The acquisition was confirmed on Threads.com’s website early June 7, 2024. While financial terms of the deal remain undisclosed, it is confirmed that the Threads.com team will integrate […]

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Eyebot Raises $6M to Revolutionize Eye Exams with AI-Powered Kiosks

In a significant development for the optical industry, Boston-based startup Eyebot has raised $6 million in a seed funding round. The company aims to transform the eye care landscape with AI-powered kiosks that provide 90-second eye exams without the need for an optometrist. This innovation comes at a crucial time, addressing a critical shortage of […]

 "Minimalist digital notebook with Google-like design on a clean background, without any inscriptions. News
Google Expands AI-powered NotebookLM to Over 200 Countries

Google has announced the expansion of its AI-powered note-taking assistant, NotebookLM, to over 200 new countries, including major markets like India, the UK, Australia, and Brazil. This development comes nearly six months after the platform’s initial release in the U.S. NotebookLM, powered by Google’s advanced large language model (LLM) Gemini 1.5 Pro, has also been […]

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SiTration’s Innovative Use of Silicon Wafers to Reclaim Critical Minerals from Mining Waste

In an unexpected pivot, Brendan Smith and MIT professor Jeffrey Grossman have revolutionized mining waste management with their company, SiTration. Originally aiming to develop high-tech desalination filters, Smith and Grossman redirected their focus to mining after facing stiff competition in the water treatment industry. Now, SiTration’s groundbreaking silicon wafer technology is poised to transform the […]

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Taloflow Pioneers AI-Driven Software Vendor Selection

In a significant move to streamline the complex process of software vendor selection, Taloflow, an early-stage startup and Y Combinator alum, has unveiled its innovative approach powered by artificial intelligence. The company announced the successful completion of a $1.3 million seed funding round and the launch of its AI-driven collaborative notebooks aimed at transforming how […]

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Understory Expands into Renewable Energy with $15M Series A Funding

Understory, a Madison, Wisconsin-based insurance provider, is taking a significant step into the renewable energy sector. The company, known for its innovative weather-tracking technology, has secured $15 million in Series A funding to support this venture. This round was co-led by True Ventures and Prelude Ventures, marking a pivotal moment in Understory’s growth. Revolutionizing Weather […]

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Hoop Uses AI to Automatically Manage Your To-Do List

In a world where productivity apps often become burdensome themselves, Hoop, a new startup, aims to revolutionize how we manage our to-do lists. Founded by former Trello employees Stella Garber, Brian Schmidt, and Justin Gallagher, Hoop utilizes artificial intelligence to streamline task management by automatically generating and tracking to-do items from digital interactions. On June […]

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