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The fintech world is a tale of two cities.
After a thrashing over the last two years, some big fintech startups, such as Stripe and Ramp, have seen their valuations rebound from the lows, as business improves and investor demand rises.
Many other fintechs, including Brex, Chime and Plaid, have yet to crystallize a lower valuation in new fundraisings. But some trades on the secondary market suggest that if the fintechs do raise more moneyâincluding by going publicâthey will likely do so at lower valuations
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The Central Intelligence Agencyâs venture investment arm, IQT, has invested in AI data center company Prometheus Hyperscale, which is developing campuses in Wyoming and Texas, the company said. Wyoming has long been a location for sensitive military assets, and the CIAâs investment suggests Prometheus could potentially run national security workloads from its AI data centers. Read more âș
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Last summer, Apple held talks to acquire Lux Optics, a tiny startup that makes Halide, one of the most popular and critically acclaimed camera apps in the App Store. The deal never happened. Instead, a couple months after the talks ended, Apple began recruiting Sebastiaan de With, Luxâs co-founder and designerâa revelation to the startupâs CEO, Ben Sandofsky, who learned of it while investigating de With late last year over... Read more âș
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27.03.2026 08:06
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