Author: buzzodo

Chinese AI startup DeepSeek plans to make five code repositories available to all developers and researchers as open source. As part of its commitment to full transparency, the company aims to release these repositories to the public next week. In a post on X, DeepSeek announced that its small team working on artificial general intelligence...

French artificial intelligence company Mistral AI has achieved a major milestone with its chatbot assistant, Le Chat, surpassing 1 million downloads just two weeks after its mobile app launch. Gaining significant traction, particularly in France, Le Chat has risen to the top of the free app category on the App Store across Europe. A key...

US-based fintech startup Method has successfully closed its $42 million Series B funding round. The round was led by Emergence Capital, with participation from notable investors such as Avra, Samsung Next, Andreessen Horowitz, Y-Combinator, and Ardent Venture Partners. Founded in 2021, Method has now raised a total of $60 million in funding. The company announced...

Samsung officially unveiled its first extended reality (XR) glasses, named Project Moohan, during the Unpacked 2025 event. Co-developed with Google, this groundbreaking technology was showcased publicly for the first time, giving a glimpse of the company’s ambitious entry into the XR market. The new XR glasses run on Android XR, an operating system specifically designed...

Substack has launched a $20 million fund to attract creators and support subscription-based content models. Named the Substack Creator Accelerator Fund, the program aims to help writers currently using platforms like Ghost and Beehiv transition to Substack while maintaining their existing income levels. Unlike its competitors, which charge monthly fees, Substack takes 10% of newsletter...

Chicago-based venture capital firm Hyde Park Venture Partners (HPVP) has announced the closure of its fourth fund, raising $98 million to focus on early-stage startups. With this new fund, the firm plans to invest in approximately 20 to 22 companies. Founded in 2012, HPVP now manages a total of $320 million in assets across four...

Positioning itself as the world’s first digital bank, Sygnum Bank has raised $58 million in a funding round led by Bitcoin-focused VC firm Fulgur Ventures. With this new investment, the bank has reached a $1 billion valuation, officially attaining unicorn status. Headquartered in both Zurich and Singapore, Sygnum Bank is at the forefront of integrating...

Berlin-based healthtech startup Nelly has secured €50 million in a Series B funding round led by Cathay Innovation. Notion Capital, b2venture, Lakestar, Motive Ventures, and arc investors also participated in the round, reflecting strong investor confidence in Nelly’s vision. Nelly is streamlining administrative processes for clinics and enhancing patient experiences by offering integrated, all-in-one solutions....

Meta is taking steps to reshape its workforce by reducing employee numbers by approximately 5%. CEO Mark Zuckerberg announced a revamped performance management strategy aimed at accelerating the process of parting ways with underperforming employees. The company plans to refill the vacated positions with new hires. In a company-wide message, Zuckerberg stated, “We’ve decided to...

OpenAI has announced a new task planning feature for ChatGPT, aiming to transform the chatbot into a more dynamic personal assistant. Initially available to paid subscription plans (Plus, Team, and Pro), this feature allows users to schedule tasks and receive timely reminders directly through ChatGPT’s mobile app or website. The task planning feature provides users...