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IBM Boosts Cloud Cost Optimization with Acquisition of Kubecost FinOps Startup
IBM expanded its cloud cost optimization solutions this week through the acquisition of Kubecost, a leading FinOps startup. Kubecost helps companies like Allianz, Audi and Rakuten monitor costs associated with Kubernetes clusters to boost…
Cohere Founder’s Indie Band Good Kid gains popularity rivaling his AI startup
Nick Frosst, co-founder of the Canadian AI company Cohere, has pursued music passionately throughout his life. In addition to leading Cohere, Frosst fronts the band Good Kid, composed entirely of programmers.
Good Kid has gained…
Fintech startup Bolt resolves legal issues through investor buyout
One of the largest payments companies in the US, Bolt, has announced resolving a long-standing legal dispute through buying out the shares of its investor Activant Capital. Activant had filed a lawsuit against Bolt's founder and then CEO…
Struggling Entrepreneur’s 15-Year Journey: From $15K to Delivering Pizzas
After nearly 15 years as an entrepreneur, one individual is opening up about the realities of building a business, sharing a story of both success and failure. The anonymous reddit author, who has experienced the thrill of a thriving…
Wealthtech startup Centricity secures $20 million to develop advanced tech solutions
In a major development for the Indian wealthtech industry, Gurugram-based Centricity has raised $20 million in seed funding to scale up its technology offering. Led by marquee Silicon Valley investor Lightspeed Venture Partners, the round…
AI startup Futwork raises 20.9 crore for customer communication solutions
Mumbai-based conversational AI startup Futwork has recently closed a Series A funding round, raising 20.9 crore rupees to further develop their offerings. The solution helps businesses optimize their customer communication processes through…
New Tech Aims to Ease ADHD Symptoms Through Wearable Device
Attention deficit hyperactivity disorder (ADHD) affects hundreds of millions worldwide, yet effective non-medication treatment options remain limited. A Sydney-based startup called Neurode may have developed a novel solution - a lightweight…
A Record-Breaking List of 28 US AI Startups Raising $100M or More in 2024
While AI fatigue is a reality for some, venture capital investors have shown no signs of slowing down when it comes to pouring money into artificial intelligence startups. New data shows over $35 billion was invested globally into AI…
Record Investments Continue for Promising US AI Startups in 2024
Venture capitalists invested unprecedented amounts into innovative AI companies in the first half of 2024 according to a recent report. Over 35 billion dollars flowed into AI firms globally, underscoring investors' ongoing confidence in…
Swiggy Mulls Increasing IPO Size By $150 Million To Raise Up To $1.4 Billion
Indian food delivery giant Swiggy is deliberating hiking the fresh issue component of its initial public offering by $150 million, with plans to potentially raise as much as $1.4 billion in what could be one of India's largest stock market…