TopTechTrends

X in talks to raise money at a $44B valuation

February 19, 2025

Elon Musk’s X is in talks to raise money from investors at a $44 billion valuation, Bloomberg News reports. Musk purchased X, formerly known as Twitter, for the same price back in 2022. The news comes as Fidelity Investments marked down its Twitter stake back in December by around 70% from the 2022 sale price […]

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Bumble sunsets acquired apps, Fruitz and Official, to cut costs

February 19, 2025

Bumble is discontinuing its two acquired apps, the dating and relationship apps Fruitz and Official. The move was shared during the company’s fourth-quarter earnings call. As explained by CEO Lidiane Jones during the call, the choice to discontinue Fruitz, a French dating app, and Official, an app designed to help couples strengthen their relationships, allows […]

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Troubled electric truck maker Nikola files for bankruptcy

February 19, 2025

Hydrogen electric trucking startup Nikola Corp. filed for Chapter 11 bankruptcy protection Wednesday after it failed to find a buyer or secure additional funds to maintain operations.  Nikola was once a Silicon Valley darling, valued at $30 billion in June 2020 after it went public through a special purpose acquisition merger. But a series of […]

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Hyperlume wants to make chip-to-chip communication faster and more efficient

February 19, 2025

Data centers consumed 4.4% of U.S. electricity in 2023 and are estimated to use up to 12% by 2028. The majority of the energy data centers suck up is used to help transfer data from chip to chip. A company called Hyperlume is looking to make that process more energy-efficient while also speeding it up. […]

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Superhuman introduces AI-powered categorization to reduce spammy emails in your inbox

February 19, 2025

It has been more than two years since ChatGPT burst on the scene. Shortly after that, it seemed like almost every email app integrated AI-powered email writing and summaries. Some also introduced AI-powered search for you to sift through your inbox quickly. Superhuman is now using AI to try and tackle one of the primary […]

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Augury raises $73M on a $1B+ valuation for AI to detect malfunctions in factory machines

February 19, 2025

As companies like Nvidia and SoftBank make industrial robotics into a key focus for future R&D, a startup has raised funding today for another facet of how AI is being used on the factory room floor. Augury, which develops AI-based hardware that measures vibrations, sound, temperature and other factors to understand how machines are working […]

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