IBM has cancelled 15 federal contracts in Q1 2025 due to budget cuts by the Department of Government Efficiency (DOGE) totalling $100m in future payments. According to Reuters and Bloomberg, most of these were with USAID. IBM’s consulting business makes up about 34% of its total revenue but the company is downplaying the long…
An Oversight Board Demands Meta’s Revise Hate Speech Policies The Oversight Board expressed serious concerns about Meta’s new hate speech policies. In its latest response, the independent advisory group said Meta made these changes too fast and without proper consultation. The Board, which was set up to advise Meta on content moderation, asked the…
In a bold and controversial move, 21-year-old Chungin “Roy” Lee has raised $5.3 million in seed funding for his AI startup, Cluely, a tool designed to help users “cheat on everything.” The funding comes from prominent investors Abstract Ventures and Susa Ventures. During job interviews, Lee and co-founder Neel Shanmugam created an AI tool called…
The world of Artificial Intelligence (AI) is expanding rapidly, and with it, the number of groundbreaking startups using AI to redefine industries. As the global AI market grows, reaching a value of $279.22 billion in 2024, the next few years will see significant advancements in the tech ecosystem. Here are 10 innovative AI startups that…
Opera is taking mobile browsing to the next level by bringing its AI assistant, Aria, to Opera Mini on Android. This is for users with low-end smartphones and limited data access, especially in areas where data saving is key. Aria, powered by OpenAI and Google models, gives you instant answers, latest news, image generation…
Nvidia is going to manufacture some of its advanced AI chips in the US. The company has taken over a million square feet of space in Arizona and Texas to build and test these chips. Nvidia says production of its latest Blackwell chips has already started at TSMC’s Phoenix, Arizona facility. The company is…
Starting a business in 2025 demands more than just a great idea. To launch a successful business startup, you need strategic planning, adaptability, and the ability to avoid common pitfalls. Whether you’re just learning how to start a startup in 2025 or you’re looking to strengthen an existing business, mastering these four essential elements is…
In the crowded world of food tech robotics where companies like Chowbotics, Zume and Karakuri have failed, Chef Robotics is a rare success story. But its path to a thriving business wasn’t easy decisions – in fact it was built on a bold and risky move: walking away from its original customers and millions in…
Elon Musk’s AI company, xAI, has launched the API for its flagship model, Grok 3. Now available in two versions Grok 3 and the lighter Grok 3 Mini the model can reason and analyze images and text. Pricing starts at $3 per million input tokens and $15 per million output tokens for Grok 3, and…
Seattle-based Brinc Drones, founded by 25-year-old Blake Resnick, just secured $75 million in funding led by Index Ventures. The startup, which launched in 2017, has now raised $157.2 million in total and is disrupting emergency response with its advanced police drone technology. Brinc drones are designed to assist law enforcement and first responders, reaching remote…
Lowes Closing All 1,700 Stores Nationwide on April 20 for Easter Lowes will be closing all of its 1,700 locations for a full 24 hours on Sunday, April 20, 2025. The reason? To honor the dedication of its 300,000 associates and allow them to spend Easter with their families. Lowe’s Chairman and CEO Marvin Ellison…
WealthMeUp: The Startup Making Investing as Simple as Spending What if your everyday purchases could help you build wealth? That’s the vision behind WealthMeUp, a fintech startup founded by Feli Oikonomopoulou ’24, which is transforming the way people think about investing. It was launched by Feli while she was at Yale School of Management to…