News
News TIER and Dott Merge to Forge a Micro-Mobility Giant in Europe
In a significant development for the micro-mobility sector, leading European e-scooter companies TIER and Dott have announced their merger. This consolidation is a major step towards reshaping the landscape of urban transportation across Europe. The merger aims to streamline operations, achieve profitability, and enhance their competitive edge in the market. Strategic Merger for Market Dominance […]
News Seattle-based B2B Marketing Startup Inflection Secures Additional Funding
Inflection Raises $7.6 Million to Automate B2B Marketing Seattle-based startup Inflection, known for its innovative approach to automating marketing tasks for B2B companies, has raised $7.6 million in fresh capital. The new funding round was revealed in a recent SEC filing, with Inflection CEO Aaron Bird and MHS Capital’s Mark Sugarman listed as key figures. […]
News Vilya Expands Series A to $71 Million for AI-Powered Drug Design
Seattle, WA – Vilya, a biotech startup emerging from the Institute for Protein Design (IPD) in Seattle, has announced an expanded $71 million Series A investment round. The funding surge, aimed at accelerating the development of innovative macrocyclic drugs, reflects growing investor confidence in Vilya’s cutting-edge approach combining advanced machine learning and artificial intelligence. Vilya’s […]
News TikTok Acknowledges Exploit Targeting High-Profile Accounts
TikTok, the popular video-sharing app owned by ByteDance, is currently addressing a security breach that compromised several high-profile celebrity and brand accounts, including those of Paris Hilton, CNN, and Sony. The company has confirmed the issue but remains tight-lipped about the specifics of the attack or the measures taken to mitigate it. Details of the […]
News DARPA and Slingshot Aerospace Develop System to Detect Adversary Satellites
The rapid expansion of satellite constellations in low Earth orbit (LEO) presents new security challenges, as the crowded space environment offers opportunities for malicious actors to conceal weaponized or espionage satellites within legitimate fleets. In response to this growing threat, the Defense Advanced Research Projects Agency (DARPA) has partnered with space startup Slingshot Aerospace to […]
News Eko Health Secures $41M to Revolutionize Heart Disease Detection with AI
In a significant stride towards early and accurate detection of heart disease, Eko Health has raised $41 million in a Series D funding round. The funding, led by ARTIS Ventures, Highland Capital Partners, NTTVC, and Questa Capital, underscores the growing confidence in Eko’s AI-powered stethoscope technology. This infusion of capital brings Eko’s total funding to […]
News GetWhy Raises $34.5M to Revolutionize Market Research with AI
June 4, 2024 – Silicon Valley – GetWhy, a Danish consumer research tech company, has secured $34.5 million in a Series A funding round. The investment was led by California-based venture capital firm PeakSpan Capital. This round marks a significant milestone for GetWhy as it pushes forward in the AI-driven market research sector. Innovating Market […]
News True Fit Leverages Generative AI for Enhanced Online Shopping Experience
True Fit, an AI-powered personalization tool that has been refining size recommendations for nearly two decades, is now diving into the generative AI space. With its new tool, “Fit Hub,” the company aims to transform how online shoppers find clothes that fit their body type. This innovation promises to reduce the common friction points associated […]
News AI Outage Disrupts Major Chatbots Simultaneously
In an unprecedented event, major AI chatbots from OpenAI, Anthropic, and Perplexity experienced simultaneous outages on the morning of June 4, 2024. Users of ChatGPT, Claude, and Perplexity were left without access for several hours, prompting speculation about potential infrastructure issues or coordinated cyber-attacks. The Incident Breakdown The disruption began early Tuesday morning. OpenAI’s ChatGPT […]
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