Just six weeks after opening its U.S. exchange, Polymarket has reached a milestone few crypto startups have. The prediction market platform has surpassed $1 billion in annualized revenue, according to an exclusive report from CNBC. The milestone marks another sign ... Read more ›
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Despite a dramatic decline in startup funding since early 2022, generative AI startups continue to secure significant investments from deep-pocket investors. The most recent example is Anthropic, an OpenAI rival backed by Alphabet. Today, Anthropic announced today it has closed […] Read more ›
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The rise of ChatGPT has sparked a rapid surge in the mainstream adoption of generative artificial intelligence (AI) across industries. Since its launch late last year, many companies began to capitalize on its growing popularity and incorporate AI into their […] Read more ›
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Facebook’s parent company Meta has sold Giphy to Shutterstock as part of the company’s effort to comply with a UK regulator’s order. In an announcement on Tuesday, Shutterstock said it has reached an agreement to buy the popular animated-images platform […] Read more ›
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Namada, builders of an L1 blockchain multi-chain privacy, is looking to partner with Osmosis as it prepares for the launch of its mainnet. As part of the partnership, Namada aims to reach a range of technology and token deals, including […] Read more ›
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UK-based fintech giant Wise’s Chief Financial Officer (CFO) Matt Briers has resigned from the company, CNBC reported. Wise announced on Monday that Briers, who joined the money transfer firm in 2015, is leaving the company next year. Shares of Wise […] Read more ›
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Sotheby’s, the world’s largest auction house for art and luxury items, announced on Friday that it has sold seven non-fungible tokens (NFTs) from bankrupt cryptocurrency hedge fund Three Arrows Capital for about $2.5 million. Among the tokens sold, “Fidenza #725” received […] Read more ›
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India’s leading fintech startup PhonePe has secured an additional $100 million in funding from General Atlantic, pushing the tally to $850 million in an ongoing financing round. This investment marks the fifth consecutive fundraise for PhonePe in the current year. […] Read more ›
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While cryptocurrency is often touted for its anonymity, unfortunately, it is not completely anonymous as most people believe. While crypto transactions are pseudonymous, meaning they are not directly linked to a person’s identity, the underlying blockchain technology behind cryptocurrencies can […] Read more ›
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Meta, the parent company of Facebook, has received a historic fine of 1.2 billion euros ($1.3 billion) from the European Union privacy regulator. This decision was made by the Data Protection Commissioner (DPC) in Ireland, giving Meta a five-month deadline […] Read more ›
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Braga, Portugal, May 22nd, 2023, Chainwire MetaStudio, a renowned Portuguese game studio, has announced a new partnership with Immutable, a leading Ethereum Layer 2 scaling solution provider, aimed at transforming the gaming metaverse. MetaStudio has been recognized for its innovative […] Read more ›
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Jeff Bezos’ space company, Blue Origin, has won the highly-coveted NASA contract to build a spacecraft that will send astronauts to and from the moon’s surface. In an announcement on Friday, NASA’s chief said that a team led by Blue […] Read more ›
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In today’s world, the opportunities to embark on a path of entrepreneurial success are boundless. When it comes to lucrative ventures, e-commerce, and drop shipping reign supreme, thanks to the remarkable growth of platforms like Shopify. These websites have revolutionized the […] Read more ›
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Despite billions of dollars being poured into generative AI startups following the recent success of ChatGPT, investors are slowly warming up to nuclear fusion startups as the technology shows increasing promise. Last week, we wrote about Helion after Microsoft agreed […] Read more ›
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Early last year, we wrote about Billionaire investor George Soros after he bought nearly 20 million shares of electric truck startup Rivian Automotive in December 2021. According to the SEC filings, Soros bought nearly 20 million (a total of 19,835,761) […] Read more ›
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OpenAI, the company behind the ChatGPT chatbot, has launched a ChatGPT app for Apple’s iOS. In an announcement on Thursday, OpenAI s CTO Mira Murati said that an Android version is coming soon. The new iPhone app, which is the […] Read more ›
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In June 2020 we wrote about SoftBank Group after the Japanese conglomerate launched a $100 million fund called the “Opportunity Growth Fund” to invest in African Americans and Latinos startups. The fund was part of the firm’s effort to improve diversity […] Read more ›
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“During our security research, we found that smartphones with Qualcomm chips secretly send personal data to Qualcomm.” In 2021, Edward Snowden, a former NSA whistleblower, issued a warning regarding national security. He said that “the greatest danger to national security […] Read more ›
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Wefox, a Berlin, Germany-based insure tech startup, has closed $110 million in a new round of funding from existing investors including JPMorgan and Barclays. In an announcement on Wednesday, Wefox said that $55 million of the total amount raised came […] Read more ›
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Disgraced founder and former Theranos CEO Elizabeth Holmes is finally heading to prison after her unsuccessful attempt to avoid incarceration. The U.S. District Judge ruled that must report to prison on May 30. Holmes was convicted of running a years-long […] Read more ›
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In early 2020, we wrote about ServiceNow after the cloud-computing firm acquired conversational artificial intelligence (AI) platform startup Passage AI to advance its deep-learning AI capabilities. At the time, ServiceNow said the acquisition will accelerate its vision of supporting all major […] Read more ›
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29.06.2026 21:39
Last update: 21:20 EDT.
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