British fintech firm Revolut just crossed a major milestone, reporting a record $1.5 billion in net profit for 2024, the unicorn startup announced Thursday. Profits surged 149% year over year, driven by strong performance across its business units. According to […]
Just a week after Google laid off hundreds in its Android, Pixel, and Chrome units amid a strategic shift to AI, the company is now tightening the screws on remote workers—many of whom were previously cleared to work from home. […]
CFOs are staring down a growing financial black hole—and it’s coming from their cloud bills. As companies double down on AI infrastructure, cloud usage is spiking at a rate most finance teams can’t keep up with. Costs are ballooning, long-term […]
Databricks is placing a big bet on India. The San Francisco-based data analytics startup announced on Thursday it plans to invest over $250 million in the country, signaling strong confidence in India’s growing AI talent pool and the region’s importance […]
George Town, Cayman Islands, 24th April 2025, Chainwire
Neuralink, the brain implant startup founded by Elon Musk, is planning to raise around $500 million in fresh funding at a pre-money valuation of $8.5 billion, Bloomberg reported, citing people familiar with the deal. The round, still in its early […]
Covent Garden, UK, 24th April 2025, Chainwire
Perplexity just rolled out a major update to its iOS app, introducing a voice assistant that blends real-time web search with task automation. Announced in a post on X (formerly Twitter), the new feature allows users to do everything from […]
Open source has supercharged modern software development. Roughly 90% of production code today is pulled from public repositories, turning what once took weeks into something developers now ship in hours. But there’s a catch—one that teams feel every day. That […]
While Silicon Valley remains hooked on AI, a quieter movement is taking shape—one that’s focused on rebuilding what keeps society running. The latest sign? A new venture capital firm called CIV has just raised $200 million to back technology startups […]
The European Union has slapped Apple and Meta with fines totaling €700 million for violating its new digital competition law, marking one of the most aggressive moves yet under the bloc’s Digital Markets Act (DMA). On Wednesday, the European Commission […]
Zug, Switzerland, 23rd April 2025, Chainwire
Belize, Belize, 23rd April 2025, Chainwire
AI adoption has grown quickly since ChatGPT’s breakout two years ago, but trust hasn’t kept pace. While businesses are eager to explore AI, concerns around data privacy and security are slowing progress, especially in industries that handle sensitive information. According […]
Amid a fintech funding slowdown that’s left many startups scrambling, Swedish embedded finance scaleup Froda just secured €20 million in fresh capital—one of the few standout equity rounds in Europe this year. The Series B was led by Stockholm-based Incore […]
AI agent adoption is skyrocketing in all verticals, as part of the shift towards autonomous AI systems that can complete complex tasks without human involvement. Many organizations are benefiting from the value they can deliver, but there’s a significant obstacle […]
The Trump tariff launched on April 2—Liberation Day—continues to send shockwaves through global markets. The tech sector, which many thought would be shielded, is now clearly feeling the pressure. Apple, Nvidia, and Tesla have already taken a hit. Now, Meta’s in […]
As more companies shift to hybrid and multi-cloud setups, keeping track of identity access has quietly become one of the biggest security headaches. The rise of shadow IT, machine-to-machine workloads, and AI systems acting with increasing autonomy only adds fuel […]
Victoria, Seychelles, 22nd April 2025, Chainwire
Last year, Google quietly explored deals that would’ve tightened its grip on Android phones by locking in not just its search engine, but its Gemini AI app and Chrome browser as defaults. That internal strategy came to light during the […]
