Directo transforms a TikTok travel hack into a Chrome extension that finds deals

The viral travel hack on TikTok, which advises users to save money by booking directly with hotels and Airbnbs, has spurred interest and led to the emergence of new tools like Directo. Directo, a startup, aims to facilitate these direct bookings with a Chrome extension. This extension guides users to the property’s website, where they can often find discounted rates since the property avoids paying commission fees to third-party booking platforms. Devamını Oku

Axelera secures new funding as the AI chip market intensifies

The AI chip market is witnessing a surge in interest and investment as demand for specialized chips to power generative AI models grows. SoftBank’s Masayoshi Son is reportedly aiming to raise $100 billion for a new chip initiative to compete with Nvidia, underscoring the intense competition in this space. At the same time, OpenAI is exploring partnerships with investment firms to launch its own AI chip venture. Devamını Oku

With Spain securing its latest VC fund, Southern Europe seems to be on a roll in the investment landscape

The European startup ecosystem has seen a notable correction in valuations since the peak of 2021-2022, but one region appears to be benefiting from this adjustment: Southern Europe. This trend was evident at Mobile World Congress in Barcelona earlier this year, where Northern European VCs were actively scouting startups in Spain and Portugal. These Southern European startups offer attractive advantages to investors, including lower operating costs and more modest valuations compared to their Northern counterparts. Devamını Oku