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Bluesky CEO Jay Graber's T-Shirt Trolling Mark Zuckerberg Sells Out in Minutes

Bluesky CEO Jay Graber's T-Shirt Trolling Mark Zuckerberg Sells Out in Minutes

At SXSW 2025, Bluesky CEO Jay Graber wore a provocative T-shirt that playfully mocked Mark Zuckerberg, featuring the phrase 'Mundus sine Caesaribus' in Latin. The shirt, reminiscent of Zuckerberg's own controversial attire, sparked excitement among Bluesky users, leading to a quick sell-out of $40 replicas within 30 minutes. Graber's statement emphasizes Bluesky's mission for decentralized power in social media, contrasting sharply with Zuckerberg's Meta. The T-shirt's popularity highlights a growing interest in alternatives to traditional social media platforms.

Created at: March 14, 2025 9:01am

Oracle Emerges as Leading Candidate to Manage TikTok's U.S. Operations

Oracle Emerges as Leading Candidate to Manage TikTok's U.S. Operations

As TikTok faces a deadline to finalize a sale to a U.S. buyer by April, reports indicate that Oracle is the preferred cloud technology partner for managing the app. Sources close to ByteDance reveal that TikTok has been using Oracle servers since 2022 for storing U.S. user data. The partnership would allow ByteDance to maintain involvement in TikTok's operations while leveraging Oracle's infrastructure. Additionally, former President Trump has expressed support for Oracle's role in the deal. Oracle has yet to comment on the situation.

Created at: March 14, 2025 9:01am

Y Combinator Advocates for Support of Europe's Digital Markets Act

Y Combinator Advocates for Support of Europe's Digital Markets Act

Y Combinator (YC) has urged the Trump administration to endorse Europe’s Digital Markets Act (DMA), which targets anticompetitive practices among major tech firms. The DMA identifies six 'gatekeepers' including Apple and Amazon, imposing restrictions to promote competition. YC's letter, shared by Public Policy head Luther Lowe, emphasizes that the DMA aligns with American innovation values. They argue it opens opportunities for startups while curbing Big Tech's dominance. YC also highlights Apple's delays in AI advancements as a lack of competitive pressure affecting smaller ventures. The administration's response remains uncertain.

Created at: March 14, 2025 9:01am

Flock Safety Secures $275M Funding at $7.5B Valuation Amid Controversies

Flock Safety Secures $275M Funding at $7.5B Valuation Amid Controversies

Flock Safety, known for its video surveillance technology, has raised $275 million at a $7.5 billion valuation, with participation from notable investors including Bedrock Capital. The Atlanta-based startup, founded in 2017, boasts over $300 million in annual recurring revenue, marking a 70% year-over-year growth. With over $950 million in total funding, Flock has faced scrutiny regarding privacy concerns and lawsuits but continues to attract significant VC interest. The company’s innovative public safety solutions, including gunshot detection and license plate recognition, are driving its growth despite challenges.

Created at: March 14, 2025 9:01am

Rad Power Bikes Appoints New CEO Amid Strategic Shift

Rad Power Bikes Appoints New CEO Amid Strategic Shift

Rad Power Bikes has appointed Kathi Lentzsch as its new CEO, following the departure of Phil Molyneux. Lentzsch brings decades of experience in turning around underperforming companies as the e-bike manufacturer shifts from a direct-to-consumer model to a retail-focused approach. This transition comes amidst ongoing layoffs and restructuring in the electric bike industry, with competitors like Cake and VanMoof facing bankruptcy. Lentzsch expressed optimism about the opportunities this shift presents for enhancing customer relationships and evolving the Rad Power brand.

Created at: March 14, 2025 9:00am

Sesame Launches Base AI Model for Viral Voice Assistant Maya

Sesame Launches Base AI Model for Viral Voice Assistant Maya

Sesame has unveiled its base AI model, CSM-1B, which powers the highly realistic voice assistant, Maya. The model features 1 billion parameters and is available under an Apache 2.0 license for commercial use. CSM-1B employs residual vector quantization to generate audio codes from text inputs. While it is capable of producing various voices, it lacks fine-tuning for specific voices and has minimal safeguards against misuse. Co-founded by Oculus veteran Brendan Iribe, Sesame has also secured investment from major firms and is exploring AI glasses technology.

Created at: March 14, 2025 9:00am

Bryan Johnson Proposes 'Foodome Sequencing' to Ensure Safer Food Choices

Bryan Johnson Proposes 'Foodome Sequencing' to Ensure Safer Food Choices

At SXSW 2025, Bryan Johnson, founder of the Don’t Die movement, introduced the concept of 'foodome sequencing,' aiming to test 20% of foods that make up 80% of the American diet for toxins. Johnson, known for his extreme longevity methods, believes that ensuring clean food is crucial for health. He plans to create a public database to hold brands accountable for unsafe practices. His provocative ideas about AI’s role in extending life have sparked debate, with critics arguing against his extreme measures. Johnson remains undeterred, promoting his lifestyle formula and supplement line.

Created at: March 14, 2025 9:00am

Moniepoint Secures Visa Investment to Enhance Contactless Payment Solutions

Moniepoint Secures Visa Investment to Enhance Contactless Payment Solutions

African fintech Moniepoint has received a strategic investment from Visa, aimed at enhancing financial inclusion and supporting SMEs across Africa. The fintech, which recently raised over $110 million, has now surpassed $120 million in its Series C funding. Moniepoint processes over 1 billion transactions monthly, with a total payment volume of $22 billion. The partnership will focus on launching contactless payment solutions, responding to Nigeria's push for cashless transactions. Visa aims to increase its presence in Nigeria’s SME market, leveraging Moniepoint's infrastructure for growth.

Created at: January 23, 2025 12:30pm

OpenAI's Operator Tool Set for Pro Users' Preview Soon

OpenAI's Operator Tool Set for Pro Users' Preview Soon

OpenAI is preparing to unveil its new agent tool, Operator, for users subscribed to its $200 monthly Pro plan. Recent code changes in ChatGPT indicate that this tool will be accessible as an early research preview. Users will receive prompts encouraging them to upgrade for access, and the benefits of using Operator will be highlighted on the Pro plan webpage. While Operator will function via ChatGPT's website, it signifies OpenAI's advancements in enabling AI to perform multi-step tasks across web applications. A public launch could occur imminently, suggesting a significant step in AI capabilities.

Created at: January 23, 2025 11:00am

Neko Health Secures $260M Funding, Aims for U.S. Expansion

Neko Health Secures $260M Funding, Aims for U.S. Expansion

Neko Health, the body-scanning startup co-founded by Spotify's Daniel Ek, has raised $260 million in a Series B funding round, valuing the company at $1.8 billion. The funds will facilitate Neko's entry into the U.S. market, expand its clinic network, and enhance its diagnostic technology. With a growing waitlist exceeding 100,000, the startup has already served 10,000 patients across its clinics in Stockholm and London. CEO Hjalmar Nilsonne emphasizes the rising demand for preventative healthcare solutions, indicating a shift in healthcare paradigms. Lightspeed Venture Partners leads the investment, with other notable firms participating.

Created at: January 23, 2025 6:30am

Domain Purchase Redirects to Chinese AI Lab, Sparking Industry Buzz

Domain Purchase Redirects to Chinese AI Lab, Sparking Industry Buzz

A software engineer has acquired the domain 'OGOpenAI.com' and redirected it to DeepSeek, a Chinese AI lab known for its open-source AI models. Ananay Arora revealed he purchased the domain for less than the cost of a meal and aims to resell it. This move highlights DeepSeek's commitment to providing high-performance AI models akin to OpenAI's early offerings. Recently, DeepSeek released its DeepSeek-R1 model, claimed to outperform OpenAI's models on certain benchmarks. The action underscores the growing competition in the AI landscape, particularly between U.S. and Chinese firms.

Created at: January 23, 2025 5:00am

Google Acquires Part of HTC's XR Business for $250 Million

Google Acquires Part of HTC's XR Business for $250 Million

Google has agreed to acquire a portion of HTC's extended reality (XR) business for $250 million, enhancing its virtual and augmented reality hardware capabilities. This deal includes the transfer of HTC VIVE engineering staff to Google and non-exclusive intellectual property rights, while HTC retains development rights. This acquisition follows Google's previous $1.1 billion purchase of HTC's smartphone unit in 2017, and aims to accelerate the development of the Android XR platform. Both companies will also explore further collaboration opportunities in XR technology.

Created at: January 23, 2025 4:30am

Divvy Homes' $1B Sale Leaves Some Shareholders Empty-Handed

Divvy Homes' $1B Sale Leaves Some Shareholders Empty-Handed

The recent $1 billion acquisition of rent-to-own startup Divvy Homes has sparked concerns among shareholders, as reports indicate that some may not receive any payout. Founded in 2016 and backed by notable investors, Divvy reached a peak valuation of $2.3 billion but is now selling for half that amount. CEO Adena Hefets informed stakeholders that after settling debts and costs, common shareholders are unlikely to see returns. The decision to sell was difficult, driven by challenging market conditions and rising interest rates, which forced the company to make significant layoffs.

Created at: January 23, 2025 2:30am

Ati Motors Secures $20M Funding to Propel Robotics Expansion

Ati Motors Secures $20M Funding to Propel Robotics Expansion

Ati Motors has raised $20 million in a Series B funding round as it aims for global expansion in the autonomous mobile robotics sector. The Indian startup plans to capitalize on the rising demand for domestic manufacturing across the U.S., India, and Southeast Asia. With a focus on displacing manual operations, Ati Motors has developed seven distinct robots, enhancing manufacturing capabilities. The funding was co-led by Walden Catalyst Ventures and NGP Capital, joining existing investors. The company also offers a robots-as-a-service model, with notable clients including Airbus and Hyundai.

Created at: January 23, 2025 12:30am

Scale AI Faces Third Lawsuit Over Worker Conditions

Scale AI Faces Third Lawsuit Over Worker Conditions

Scale AI is now confronting its third lawsuit in just over a month, with workers alleging psychological trauma from reviewing disturbing content without proper safeguards. The latest class action, filed on January 17, claims six individuals suffered mental health issues, including PTSD, after being misled about job responsibilities. Previous lawsuits have addressed claims of misclassification and below-minimum wage payments. Scale AI maintains compliance with laws and emphasizes existing support systems. A spokesperson criticized the law firm representing the plaintiffs for past unsuccessful claims against tech companies.

Created at: January 22, 2025 10:30pm

Divvy Homes Acquired by Brookfield for $1 Billion Amid Market Challenges

Divvy Homes Acquired by Brookfield for $1 Billion Amid Market Challenges

Divvy Homes, a rent-to-own startup, has been acquired by a Brookfield Properties division for approximately $1 billion. This acquisition comes after Divvy's valuation peaked at $2.3 billion in 2021. The deal is expected to finalize by mid-February. Divvy, founded in 2016, has faced difficulties in the real estate market, particularly due to rising mortgage interest rates, leading to multiple layoffs. The company has helped create around 2,000 homeowners through its innovative model. Notable investors include Tiger Global Management and Andreessen Horowitz.

Created at: January 22, 2025 10:00pm

Samsung Teases Extra-Thin Galaxy S25 Edge at Unpacked Event

Samsung Teases Extra-Thin Galaxy S25 Edge at Unpacked Event

At the recent Samsung Unpacked event, the company unveiled a teaser for the Galaxy S25 Edge, an extra-thin variant of its flagship series. This model is expected to be 6.4 mm thick, significantly slimmer than the standard S25's 7.2 mm profile. While details on pricing and availability remain undisclosed, the teaser confirmed earlier rumors of the device's development. The reveal was strategically timed to generate buzz without overshadowing the Galaxy S25's forthcoming release on February 7. Early adopters are likely to be intrigued by the slim design enhancements showcased.

Created at: January 22, 2025 9:30pm

AngelList and CoinList Team Up to Boost Crypto Startups' Fundraising

AngelList and CoinList Team Up to Boost Crypto Startups' Fundraising

In a significant move for the crypto industry, AngelList and CoinList have partnered to introduce specialized vehicles aimed at assisting crypto startups in raising and managing funds. This collaboration will enable users to fund Crypto Special Purpose Vehicles (SPVs) using stablecoins like USDC, eliminating traditional bank hurdles. The new Crypto Roll-Up Vehicles (RUVs) will streamline the investment process for founders by simplifying compliance management for multiple stakeholders. As crypto gains mainstream traction again, this initiative positions both companies at the forefront of the evolving landscape.

Created at: January 22, 2025 9:30pm

Samsung Galaxy S25 to Feature AI-Generated Content Credentials

Samsung Galaxy S25 to Feature AI-Generated Content Credentials

During the Samsung Unpacked event, it was announced that the Galaxy S25 will be the first smartphone to support Content Credentials, a standard developed to identify AI-generated images. Adobe revealed this feature, which acts like a 'nutrition label' for digital content, providing details on how content was created and edited. The initiative, backed by the Coalition for Content Provenance and Authenticity (C2PA), aims to combat misinformation tied to AI technologies. The Galaxy S25 is now available for preorder and will begin shipping on February 7.

Created at: January 22, 2025 8:00pm

OpenAI Partners with SoftBank and Oracle on $500B AI Data Center Initiative

OpenAI Partners with SoftBank and Oracle on $500B AI Data Center Initiative

OpenAI has announced the Stargate Project, a collaboration with SoftBank and Oracle to establish AI infrastructure in the U.S., potentially attracting up to $500 billion in funding over the next four years. This venture aims to solidify OpenAI's lead in the AI sector, boasting 300 million weekly users and over 1 million paying businesses. The first data center is already under construction in Abilene, Texas. Competitors like Anthropic and xAI are unlikely to match this level of investment, raising the stakes in the AI arms race. Notably, Microsoft is no longer OpenAI's exclusive cloud provider.

Created at: January 22, 2025 7:30pm

AI Drives Revival of Troubled Nuclear Project in South Carolina

AI Drives Revival of Troubled Nuclear Project in South Carolina

Santee Cooper, a South Carolina utility, seeks to restart the construction of two nuclear reactors at the Virgil C. Summer Nuclear Power Station, halted in 2017 due to massive budget overruns. The utility aims to capitalize on the rising demand for power from AI data centers. The original project saw costs soar from $9.8 billion to $25 billion, contributing to Westinghouse's bankruptcy. Santee Cooper hopes to find partners, potentially including tech companies, to finance the completion of the reactors amidst a renewed interest in nuclear power.

Created at: January 22, 2025 6:30pm

Samsung Galaxy S25 Introduces Google Gemini Activation via Side Button

Samsung Galaxy S25 Introduces Google Gemini Activation via Side Button

At the Samsung Unpacked 2025 event, Samsung unveiled a significant update for the Galaxy S25 line, allowing users to access Google Gemini directly through the side button. This change comes as Samsung shifts focus from its Bixby assistant, which struggled to gain popularity. Gemini is set to replace Google Home on Android devices, enhancing cross-app functionality with Google services. The Galaxy S25, powered by the Snapdragon 8 Elite chip, is available for preorder and will start shipping on February 7, 2025. Samsung reaffirmed its commitment to Bixby for smart home products.

Created at: January 22, 2025 6:00pm

Favorited Secures $1.3M in Pre-Seed Funding, Aims to Compete with TikTok Live

Favorited Secures $1.3M in Pre-Seed Funding, Aims to Compete with TikTok Live

Favorited, a new livestream app, has raised $1.3 million in pre-seed funding from investors including a16z. The app aims to provide an interactive platform for creators to engage with followers, featuring gifting and competitive revenue splits of 70/30 for creators. Founded by David Tesler and Zach Ferraro, Favorited currently has over 750,000 users and plans to scale globally. The platform has generated over $4 million in monthly revenue, with creators receiving more than $2.5 million in gifts last week alone. Favorited is available on both the App Store and Google Play.

Created at: January 22, 2025 5:30pm

Elon Musk and Sam Altman Clash on X Over $500 Billion Stargate Project

Elon Musk and Sam Altman Clash on X Over $500 Billion Stargate Project

Elon Musk and OpenAI CEO Sam Altman are engaged in a heated exchange on X regarding Stargate, a $500 billion initiative to establish data centers for OpenAI across the U.S. Announced at the White House, the project has drawn initial pledges of $100 billion from investors, including SoftBank. Musk disputed the project's financial backing, claiming that SoftBank has less than $10 billion secured. Altman refuted Musk's allegations, emphasizing the project's benefits for the country. Musk, now leading the Department of Government Efficiency, is also in a legal battle with OpenAI through his company, xAI.

Created at: January 22, 2025 5:30pm

Dewey Unveils TikTok Backup Solution Amid Uncertain Future

Dewey Unveils TikTok Backup Solution Amid Uncertain Future

Dewey has launched a new service that allows users to save their favorite TikTok videos, ensuring access even if the app faces future shutdowns. This move comes as TikTok's status in the U.S. remains uncertain following a recent extension of its shutdown deadline. Dewey, which previously focused on bookmarking for Twitter and other platforms, has now expanded to support TikTok, offering features like organizing saved videos into dedicated folders. The service is free for one account, with paid plans available for additional features. Dewey currently serves over 40,000 users, including 1,500 paying customers.

Created at: January 22, 2025 5:00pm

TechCrunch Disrupt 2025 Tickets Now Available at Unbeatable Rates!

TechCrunch Disrupt 2025 Tickets Now Available at Unbeatable Rates!

TechCrunch has officially launched ticket sales for Disrupt 2025, offering the lowest rates of the year. Scheduled for October 27–29 at Moscone West, San Francisco, the event promises over 250 sessions and 10,000 tech leaders. Attendees can enjoy super early bird rates and a unique 2-for-1 pass option until January 31. The event will focus heavily on AI innovations and provide networking opportunities with industry experts. This is a must-attend event for entrepreneurs and startups looking to gain insights from leading figures in technology and venture capital.

Created at: January 22, 2025 4:30pm

AI Apps Surge Past $1 Billion in Consumer Spending in 2024

AI Apps Surge Past $1 Billion in Consumer Spending in 2024

Consumer spending on AI apps skyrocketed to nearly $1.1 billion globally in 2024, according to Sensor Tower's annual report. This marks a remarkable 200% increase year-over-year, driven by the popularity of apps like ChatGPT and Gemini. Overall app spending reached $150 billion, up 13% from 2023. Users engaged with AI apps for approximately 7.7 billion hours, with downloads totaling 17 billion. ChatGPT alone achieved 50 million monthly active users, surpassing platforms like Disney+ and YouTube Music. Other app categories also saw notable trends in 2024.

Created at: January 22, 2025 4:00pm

Anthropic Secures $1B Investment from Google for AI Expansion

Anthropic Secures $1B Investment from Google for AI Expansion

Anthropic has successfully raised approximately $1 billion from Google, increasing the tech giant's total investment in the AI company to around $3 billion. This new funding follows a $2 billion investment made last year. Anthropic aims to launch innovative AI models and features in 2025, including two-way voice chat and an AI system named the 'Virtual Collaborator,' which will enhance productivity across platforms like Slack and Google Docs. The company is also seeking an additional $2 billion from other investors at a $60 billion valuation, bringing its total funding to $14.7 billion.

Created at: January 22, 2025 4:00pm

Databricks Secures $15.3B Funding, Valued at $62B with Meta as Investor

Databricks Secures $15.3B Funding, Valued at $62B with Meta as Investor

Databricks, a data analytics platform, has successfully closed a $15.3 billion financing round, comprising $10 billion in Series J equity and $5.25 billion in debt. This funding elevates the company's valuation to $62 billion. Notable investors include Meta, which joins an array of established financial institutions. Databricks, founded in 2013, aims to enhance its AI product offerings and expand its global market operations. The company has raised approximately $19 billion in total funding and is contemplating an IPO, with the earliest possibility suggested for 2025.

Created at: January 22, 2025 3:00pm

Truecaller Launches Real-Time Caller ID for iOS Users

Truecaller Launches Real-Time Caller ID for iOS Users

Truecaller has launched a significant update for iOS that introduces real-time caller ID functionality, enhancing the app's offering for iPhone users. This feature utilizes Apple's Live Caller ID Lookup from iOS 18, providing an experience on par with its Android counterpart. The update also includes advanced privacy measures using homomorphic encryption to secure user data. Truecaller now allows users to block spam calls, search call history, and displays caller names prominently. With approximately 750,000 iPhone subscribers, the app aims to boost its competitive edge in the market.

Created at: January 22, 2025 2:30pm

MrBeast Teams Up to Bid for TikTok's US Operations

MrBeast Teams Up to Bid for TikTok's US Operations

YouTube sensation MrBeast, also known as Jimmy Donaldson, is officially entering the race to acquire TikTok's US operations alongside Employer.com CEO Jesse Tinsley. Previously expressing his desire to save the platform from a potential shutdown, MrBeast's new bid involves an all-cash offer to ByteDance. While the amount of the bid remains undisclosed, the urgency is heightened as TikTok faces a deadline to sell its operations or risk another ban. As the competition heats up, many bidders, including Elon Musk, have emerged in the scramble for ownership.

Created at: January 22, 2025 2:30pm

Ramp Expands into Digital Banking with Launch of Treasury Product

Ramp Expands into Digital Banking with Launch of Treasury Product

Ramp, the fintech startup known for corporate expense management, has launched Ramp Treasury, a new product designed to help businesses earn interest on their cash. CEO Eric Glyman highlighted that this offering allows customers to earn 2.5% interest while keeping funds easily accessible. The startup, which raised over $1.2 billion in funding, emphasizes that it is not a bank but partners with established banks for this service. With over 30,000 customers, Ramp aims to enhance its competitiveness in the crowded fintech space without aspiring to be a traditional digital bank.

Created at: January 22, 2025 2:00pm

Doti AI Secures $7 Million Seed Funding to Revolutionize Enterprise Search

Doti AI Secures $7 Million Seed Funding to Revolutionize Enterprise Search

Doti AI, a Tel Aviv-based startup, has raised $7 million in seed funding to enhance enterprise search capabilities using AI. The company integrates data from platforms like Slack and Salesforce, allowing users to access information through a chat interface. Co-founders Matan Cohen and Opher Hofshi believe that their solution addresses a critical gap in enterprise search. Unlike competitors, Doti offers flexibility for organizations to utilize their own large language models and security policies. The funding round was led by F2 Venture Capital with contributions from angel investors, marking a significant step in the AI search landscape.

Created at: January 22, 2025 1:31pm

Sales Knowledge Automation Platform 1up Secures $5M Funding Round

Sales Knowledge Automation Platform 1up Secures $5M Funding Round

1up, an AI-driven knowledge automation platform for sales teams, has announced a $5 million funding round led by Upfront Ventures. Founded by George Avetisov, the platform helps sales professionals access internal data to answer product and technical inquiries efficiently. Since its public launch in January 2024, 1up has garnered nearly 100 customers, leveraging a unique marketing strategy that incorporates memes, generating significant engagement on LinkedIn. The funding will be used to expand the sales team and enhance product features to better serve the sales community.

Created at: January 22, 2025 1:30pm

Apple's iPhone SE 4 to Feature Dynamic Island, Leaving Notch Behind

Apple's iPhone SE 4 to Feature Dynamic Island, Leaving Notch Behind

Apple is set to launch the iPhone SE 4 in 2025, featuring the highly anticipated Dynamic Island, replacing the traditional notch. This upgrade is expected to align the budget smartphone more closely with the iPhone 16's design. The new model is rumored to include significant enhancements like an OLED screen, 5G capability, and the A18 chipset. Insiders believe this shift marks a departure from the iPhone 8's design, offering a modern look. The introduction of Dynamic Island promises to enhance user experience by integrating notifications and other vital features seamlessly.

Created at: January 22, 2025 1:00pm

Hindustan Unilever Acquires Minimalist for $342 Million to Boost Premium Skincare

Hindustan Unilever Acquires Minimalist for $342 Million to Boost Premium Skincare

Hindustan Unilever has confirmed its acquisition of beauty startup Minimalist for approximately $342 million, enhancing its presence in India's premium skincare market. The deal involves an initial 90.5% stake, with the remaining 9.5% to be purchased in two years. Minimalist, founded in 2020, is known for its actives-led skincare products and has seen significant growth, reporting an annual revenue run rate exceeding 5 billion rupees. Unilever aims to leverage its extensive retail network to expand Minimalist’s offline distribution, following a series of strategic acquisitions in health and wellness.

Created at: January 22, 2025 10:30am

Indian Fintech Jar Achieves Cash Flow Positive Status

Indian Fintech Jar Achieves Cash Flow Positive Status

Indian fintech startup Jar has confirmed it has turned cash flow positive, marking a significant milestone as it prepares to enhance its offerings. The company, backed by Tiger Global, reported over 10 times growth last year while expanding its services to include lending and online jewelry sales. Jar's jewelry division, Nek, is generating annualized sales of approximately $13 million. As many Indian startups strive for financial stability ahead of potential IPOs, Jar is also in discussions to raise up to $50 million in a new funding round.

Created at: January 22, 2025 8:30am

Vertice Secures $50M in Funding to Transform SaaS Spend Management

Vertice Secures $50M in Funding to Transform SaaS Spend Management

Vertice, a London-based startup, has raised $50 million in Series C funding to enhance its AI-driven SaaS spend management platform. Founded less than three years ago, the company has experienced remarkable growth, increasing revenue by 13 times. The new funding, led by Lakestar, aims to standardize procurement processes across various sectors. Vertice's innovative platform analyzes software usage to optimize purchasing and reduce costs, with clients including major firms like ASML and Santander. This funding round brings Vertice's total raised to around $100 million, reflecting its strong market presence.

Created at: January 22, 2025 8:00am

MrBeast Teams Up with Employer.com to Bid for TikTok

MrBeast Teams Up with Employer.com to Bid for TikTok

YouTuber MrBeast has joined forces with Jessie Tinsley, CEO of Employer.com, to submit an all-cash bid for TikTok amid ongoing acquisition talks. The bid comes after Employer.com announced plans to acquire the Canadian startup Bench, which recently shut down. While the bid amount remains undisclosed, legal counsel includes notable figures related to political connections. TikTok's parent company ByteDance has yet to respond to the offer, amidst speculation of interest from other high-profile buyers including Elon Musk and Amazon. This move follows TikTok's recent service disruptions and delayed ban orders.

Created at: January 22, 2025 1:00am

OpenAI, SoftBank, and Oracle Launch $50B Data Center Initiative

OpenAI, SoftBank, and Oracle Launch $50B Data Center Initiative

OpenAI has announced a partnership with SoftBank and Oracle to develop a series of AI-focused data centers across the U.S., starting with a significant facility in Texas. Dubbed The Stargate Project, the initiative aims to invest $100 billion initially, with plans to escalate to $500 billion over four years, creating 100,000 jobs. The project is designed to enhance American leadership in AI while supporting national security. High-profile figures, including President Trump, participated in the announcement, emphasizing the need for infrastructure growth in the tech sector as AI demand skyrockets.

Created at: January 21, 2025 10:30pm