News

Google’s New Startup Program Aims to Revolutionize Public Infrastructure with AI
Google has announced an ambitious new initiative aimed at integrating artificial intelligence (AI) into the public sector. The “Google for Startups AI Academy: American Infrastructure” program, unveiled on June 5, 2024, seeks to support startups in utilizing AI to address critical issues across various public infrastructure domains. A Boost for Public Sector Innovation The program […]

Whizz’s Ambitious Expansion in E-Bike Subscriptions: A Strategic Move in NYC
Whizz Targets NYC’s E-Bike Subscription Market Amidst Regulatory Changes New York City, renowned for its dynamic gig economy with over 60,000 delivery workers, has intensified its regulations on low-cost, uncertified e-bikes due to numerous battery fire incidents. While many e-bike providers perceive these regulations as detrimental to business, Whizz, a burgeoning e-bike subscription startup, sees […]

ClickUp Challenges Notion and Confluence with New AI-Powered Knowledge Base
ClickUp, the productivity platform launched in 2017, has introduced an ambitious new feature aimed at revolutionizing knowledge management in the workplace. The new offering, named “ClickUp Knowledge Management,” combines a wiki-like editor with advanced AI capabilities. This launch aims to position ClickUp as a strong competitor to popular services like Notion and Atlassian’s Confluence. Revolutionizing […]

Oda Cuts Workforce by 150 Amid Strategic Refocus on Norway and Sweden
Oda, the online supermarket delivery startup based in Norway, has announced a significant reduction in its workforce, laying off 150 employees. This move accompanies a strategic shift in the company’s focus, narrowing its operations to its home country and Sweden. This decision comes as Oda aims to achieve profitability in these two markets by next […]

Bluesky and Mastodon Users Now Connected Through Bridgy Fed
An important milestone in the evolution of decentralized social media has been achieved. Users on Mastodon and Bluesky, two prominent decentralized platforms, can now interact seamlessly thanks to Bridgy Fed. This development marks a significant step toward a more interconnected “fediverse” — a network of decentralized social media apps. Bridging the Decentralized Divide Bridgy Fed, […]

Mistral Launches AI Model Customization Services and SDK
French AI startup Mistral has unveiled a series of new services aimed at allowing developers and enterprises to fine-tune its generative models to meet specific needs. The announcement includes the release of a self-service software development kit (SDK), named Mistral-Finetune, alongside managed fine-tuning services and exclusive custom training options. New Customization Options for Developers and […]

Dealt’s Successful Pivot: Transforming Retailers into Service Providers
Dealt, formerly known as Mon Super Voisin, has raised €6 million ($6.5 million) in a recent funding round. This French startup’s shift from a home task marketplace to a service platform for retailers demonstrates a significant and successful pivot. The funding round, led by La Poste Ventures and other investors, underscores the viability of Dealt’s […]

Amazon Acquires MX Player to Expand Presence in Indian Streaming Market
In a strategic move to broaden its reach in India’s burgeoning video streaming market, Amazon has acquired assets of the Indian streaming service MX Player from Times Internet. The deal, finalized on Wednesday evening, underscores Amazon’s ambitions to penetrate smaller cities and towns in India, a critical overseas market for the e-commerce giant. Details of […]

Elevate’s Journey: From War-Torn Sudan to Global Fintech Leader
A Bold Beginning in Sudan In early 2022, the fintech startup Bloom, now known as Elevate, made history by becoming the first Sudanese company accepted into the prestigious Y Combinator accelerator program. Founded by industry veterans from Amazon, Meta, IBM, and Goldman Sachs, Elevate initially aimed to protect Sudanese wealth amid economic instability. The startup’s […]
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