Raleigh, United States, 16th April 2025, Chainwire
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Meet Neue Alchemy: The venture studio founded by an ex-Amazon executive turning AI ideas into real-world startups
Isaiah Steinfeld, a former Amazon executive who helped steer global startup growth at AWS, has launched something new—and it’s built for the post-AI era. After working with over 330,000 startups through AWS programs like Activate and helping shape strategy for […]
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Transportation
UK battery startup Nyobolt raises $30M to disrupt EVs and warehouse robots with 5-minute charging tech
Nyobolt, a Cambridge-based battery tech startup, has raised $30 million in fresh funding to push beyond its current focus on autonomous warehouse robots and move into heavier sectors like electric vehicles and high-demand industrial use cases. The round was led […]
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Lyft acquires taxi app startup Free Now for $200M in first major European expansion to challenge Uber
Lyft is finally making its move into Europe. The U.S. ride-hailing company announced Wednesday it’s buying European taxi app startup Free Now in a deal valued at €175 million (roughly $199 million). The acquisition marks Lyft’s first major push outside […]
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Palo Alto, California, 16th April 2025, CyberNewsWire
645 Views
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OpenAI is reportedly building a secret social network to rival X and Meta
OpenAI may be gearing up to take on two of the biggest players in tech—X and Meta. According to multiple sources, the company is reportedly working on a prototype for a new social network that leverages ChatGPT at its core. […]
969 Views
In today’s startup world, speed and adaptability can make or break a business. As digital transformation reshapes how companies engage customers and manage operations, QR codes are making a strong comeback—not as a passing trend, but as a practical tool […]
838 Views
Singapore, Singapore, 16th April 2025, Chainwire
597 Views
Artificial Intelligence
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Semiconductor
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Nvidia’s China dream collapses; stock falls 6% after $5.5 billion charge linked to China AI chip export ban
The U.S. has just cut off one of Nvidia’s fastest-growing markets, triggering billions in fallout. The export crackdown may have ended the company’s biggest bet outside America. Nvidia said Tuesday it will take a $5.5 billion charge this quarter after […]
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Cybersecurity
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4chan Hacked: Source code leaked, moderator identities exposed in major breach
4chan, one of the internet’s most infamous image boards, has been hacked. The site went dark after a major security breach. The attackers exploited outdated systems, leaked the site’s source code, restored a long-deleted board, and allegedly exposed private moderator […]
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Is Figma in trouble or just feeling the AI heat? The design giant’s legal letter to Lovable signals more than just a trademark dispute
Figma made headlines in December 2023 after its $20 billion merger with Adobe fell apart over regulatory roadblocks. Now, the once-design giant is making news again—this time with a cease-and-desist letter. The letter wasn’t directed at a copycat. It was […]
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AI startup Virtue AI launches with $30M to help enterprises deploy generative AI without security risks
Virtue AI, a new AI startup focused on AI safety and security, just came out of stealth with $30 million in combined Seed and Series A funding. The round was led by Lightspeed Venture Partners and Walden Catalyst Ventures, with […]
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Dutch neobank startup Bunq plans U.S. expansion amid hiring spree and 65% profit surge — doubling down on digital nomads
Six months ago, Dutch neobank startup Bunq went on a hiring spree—just as other fintechs were cutting staff. Now, that bold move looks like it’s paying off. On Tuesday, Bunq announced it has filed for broker-dealer registration in the U.S., […]
906 Views
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Adobe invests in Nvidia-backed startup Synthesia amid soaring demand for AI-generated corporate videos; hits $100M ARR
Adobe’s venture arm is betting big on AI-generated video. The company has invested in Synthesia, a London-based startup known for turning text into avatar-led videos, in what the companies are calling a “strategic” partnership, CNBC reported. The exact investment amount […]
1.4K Views
Hong Kong, Hong Kong, 15th April 2025, Chainwire
642 Views
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Nate, a startup that promised AI-powered shopping, turns out to be secretly powered by hundreds of humans in the Philippines
Last year, Amazon got busted for claiming its cashier-free stores were powered by AI—when they were actually run by low-wage workers in third countries. Now a VC-backed startup is under fire for the same thing: pretending humans were AI by […]
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Autonomous trucking startup Kodiak Robotics to go public in a $2.5 billion SPAC merger deal
After a quiet stretch, SPAC deals are starting to trickle back. On Monday, Kodiak Robotics said it’s merging with Ares Acquisition Corp II in a deal that values the autonomous trucking startup at $2.5 billion. The newly formed company will […]
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Altcoins
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Kraken expands beyond crypto: Launches commission-free stock trading in a challenge to Robinhood
In a direct challenge to Robinhood, crypto exchange Kraken has launched commission-free stock trading as it steps into traditional finance. Starting Monday, users in select U.S. states can trade more than 11,000 U.S.-listed stocks and ETFs—no fees, no crypto required. […]
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Nvidia to build $500B AI infrastructure in the U.S., begins domestic production of Blackwell chips
Nvidia is betting big on American soil. The chipmaker said Monday it plans to invest up to $500 billion in building AI infrastructure across the U.S. over the next four years, working closely with longtime partners like Taiwan Semiconductor Manufacturing […]
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Venture Capital
Peter Thiel’s Founders Fund closes $4.6B venture fund to back growth-stage giants like SpaceX, Stripe, and Anduril
Peter Thiel’s Founders Fund just pulled off a monster raise—$4.6 billion to be exact. It’s one of the biggest late-stage venture funds in recent memory, and it couldn’t come at a more uncertain time for private tech companies. The new […]
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