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Tech Industry Faces Unprecedented Layoff Surge in Early 2024
In the early months of 2024, the tech industry has witnessed a significant wave of layoffs affecting both major corporations and smaller startups. Companies such as Tesla, Amazon, Google, TikTok, Snap, and Microsoft have all…
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CareYaya Connects Healthcare Students with Elders for Affordable Home Care
CareYaya is reshaping the caregiving landscape by connecting healthcare students with elders in need of in-home care. Highlighted at TechCrunch Disrupt’s Battlefield 200, the startup aims to make home care more affordable while offering healthcare…
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Pharos Secures $5M to Revolutionize Hospital Quality Reporting with AI
Pharos, a burgeoning startup from Y Combinator’s summer 2024 cohort, has successfully raised a $5 million seed round led by Felicis. This strategic investment aims to propel Pharos’ ambitious plan to revolutionize hospital quality reporting…
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Arcade’s AI-Powered Platform: Revolutionizing Custom Jewelry Design
Arcade, a cutting-edge AI product creation platform, is transforming the way individuals design custom jewelry by placing creative control directly into the hands of its users. Dubbed as “Dreamers,” these users can input their ideas…
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Meta Unveils Spirit LM Open Source Model Integrating Text and Speech
Meta has introduced its first open-source multimodal language model, Meta Spirit LM, which integrates both text and speech inputs and outputs. Released just in time for Halloween 2024, Spirit LM is designed to handle tasks…
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Qantev Raises €30 Million to Enhance Health Insurance with AI Models
Paris-based health insurtech startup Qantev has secured €30 million in a Series B funding round led by Blossom Capital, with participation from previous investors Elaia, Omnes, and Raise Ventures. The startup, founded in late 2018…
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SpaceX Alums Aim for $550M Deep Tech Venture Fund
Interlagos, a venture capital firm founded by former senior SpaceX executives, is seeking to raise $550 million for its first venture fund. According to regulatory filings and a confidential deck sent to prospective limited partners…
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Ollie Expands Into Pet Health with Acquisition of DIG Labs
Ollie, a subscription service that provides “human grade” pet food, is expanding its offerings by acquiring pet health tech startup DIG Labs. The acquisition, announced on Thursday for an undisclosed amount, includes DIG Labs’ proprietary…
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AirOps Raises $15.5 Million to Lead the AI-Driven Content Management Space
AirOps has secured a $15.5 million Series A funding round to expand its role as an all-in-one platform for generating and managing AI-based marketing content. As businesses increasingly rely on web presence for customer engagement…
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Microsoft’s New Security Initiative and Apple’s Cloud Privacy Shake Up Enterprise Cybersecurity
Microsoft and Apple are introducing new security platforms aimed at addressing the growing concerns of cybersecurity and data privacy in enterprises. Microsoft’s Secure Future Initiative (SFI) and Apple’s Private Cloud Compute (PCC) are built to…