News

FarmboxRx Chooses to Bootstrap, Avoiding Venture Capital Pressures
Pioneering Health and Nutrition FarmboxRx, a company founded by Ashley Tyrner, has taken a unique path in the startup world by opting to bootstrap its operations instead of succumbing to the pressures from venture capitalists (VCs) who wanted it to pivot towards a meal kit model. This decision has allowed FarmboxRx to stay true to […]

Ore Energy Emerges from Stealth to Build Utility-Scale Batteries That Last Days, Not Hours
In a groundbreaking move for the renewable energy sector, Ore Energy has unveiled its latest innovation: utility-scale batteries capable of storing energy for days rather than just hours. The announcement, made on May 22, 2024, marks a significant advancement in energy storage technology. Ore Energy, which has been operating in stealth mode, aims to address […]

OYO Shelves IPO Plans for Second Time
OYO Rooms, the India-based hospitality chain once valued at $10 billion, has postponed its initial public offering (IPO) for the second time. The decision comes amid ongoing global market uncertainties and regulatory hurdles, marking another setback for the company striving to regain its footing after the pandemic. Who, What, Where, When, Why, and How Who: […]

ETF Partners Raises €284M for Immediate-Impact Climate Startups
ETF Partners, a leading venture capital firm, announced on May 20, 2024, that it has successfully raised €284 million to invest in climate tech startups. The fund targets companies capable of delivering measurable environmental benefits in the short term, diverging from the long-horizon strategies commonly seen in the sector. Aiming for Immediate Results The new […]

Space Force and Starfish Space Unveil Satellite Docking Mission Roadmap
A New Era of Space Maneuverability The U.S. Space Force, in partnership with Starfish Space, has announced a groundbreaking mission to enhance the maneuverability of satellites in orbit. This initiative, part of the Space Force’s Assured Access to Space program, aims to demonstrate the capabilities of Starfish Space’s Otter satellite docking spacecraft. The $37.5 million […]

U.S. Army Awards $1.6M to Wave Motion for Jet Gun Development
Introduction Wave Motion Launch Corp., an innovative startup based in Everett, Washington, has secured a significant $1.6 million contract from the U.S. Army to advance its groundbreaking Jet Gun technology. This funding, granted under the Army’s Small Business Innovative Research program, marks a substantial step forward for the young company. The Jet Gun technology, which […]

ChatGPT’s Mobile App Revenue Soars Following GPT-4.0 Launch
In a significant development for OpenAI, the mobile app revenue for ChatGPT experienced a substantial increase following the release of GPT-4.0. This surge in revenue marks the largest spike since the application’s inception, highlighting the growing demand and user interest in advanced AI technologies. Record-Breaking Revenue Growth OpenAI’s ChatGPT mobile application has seen unprecedented revenue […]

Jolla Unveils Privacy-Focused AI Hardware
Introduction of Jolla Mind 2 On May 20, 2024, Jolla, a European tech startup, launched its latest innovation, the Jolla Mind 2, a personal server-based AI assistant with a strong emphasis on privacy. During a livestreamed event, the company announced the beginning of preorders for the device, which is set to ship later this year […]

ChatGPT’s Evolution: Transforming AI Interaction
OpenAI’s ChatGPT has rapidly advanced since its inception, now powering productivity tools, business applications, and creative endeavors worldwide. The chatbot, leveraging the latest GPT-4 model, has expanded its functionalities, attracting more than 100 million weekly active users and integration into 92% of Fortune 500 companies. The journey of ChatGPT is marked by significant milestones, each […]
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