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OpenAI said to be in talks to raise $40B at a $340B valuation

2025-01-31 05:55:12

OpenAI may have billions of dollars in the bank. But it’s gearing up to raise billions more, according to a report from The Wall Street Journal. Per The WSJ, OpenAI is in talks to secure up to $40 billion in a funding round that would value the startup at $340 billion. SoftBank would lead the […]

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Controversial genetics testing startup Nucleus Genomics raises $14M Series A 

2025-01-31 05:53:27

The company, founded by 25-year-old Kian Sadeghi, announced a $14 million Series A, bringing its total funding to about $32 million.

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Fintech startup Cushion shuts down after 8 years and over $20 million in funding

2025-01-31 05:53:24

Cushion, a fintech startup that described itself as the “Plaid for buy now, pay later (BNPL),” has shut down. On Thursday, founder and CEO Paul Kesserwani posted on LinkedIn about the decision to wind down the company at the end of 2024. In the post, Kesserwani said that “despite bringing multiple new fintech products to […]

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Serial founder DIVINE launches creator app with hip-hop legend RAKIM

2025-01-31 05:35:21

Serial entrepreneur and former recording artist Victor D. Lombard, also known as DIVINE, announced this week the launch of a new company, in partnership with RAKIM, one of hip-hop’s most influential emcees.  The company is called Notes, a fintech specifically for independent urban musicians and creators. It provides the knowledge and tools to help artists […]

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Microsoft signs massive carbon credit deal with reforestation startup Chestnut Carbon

2025-01-31 02:10:07

The 25-year deal would enable Chestnut Carbon to reforest 60,000 acres of land across Arkansas, Louisiana, and Texas.

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Ex-Autodesk execs snag $46M to build the next gen of architecture design

2025-01-31 00:00:44

Talk to many architects, and they’ll likely tell you that Autodesk’s software, including AutoCAD and Revit, has been indispensable to their work for decades. But despite their widespread use, Autodesk’s former co-CEO and chief product officer Amar Hanspal says that the architecture, engineering, and construction (AEC) industry is using 20th century tools to design 21st […]

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