HO CHI MINH, Vietnam, 17th November 2024, Chainwire
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After nearly a year-long boycott, major advertisers have resumed their campaigns on X (formerly Twitter). Companies including IBM, Disney, Comcast, Discovery, Warner Bros., and Lionsgate Entertainment have returned to the platform, signaling renewed trust in X’s leadership under CEO Linda […]
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SpaceX eyes $250 billion valuation in tender offer, positioning Elon Musk to become the world’s first trillionaire by the end of the decade
Elon Musk’s SpaceX—the leader in rocket launches and high-speed satellite internet through Starlink—is gearing up for a tender offer in December, offering existing shares at $135 each, according to an exclusive report from The Financial Times citing insider sources. At […]
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Transportation
Toyota-backed self-driving startup Pony AI seeks $4.48 billion valuation in U.S. IPO
Late last month, Toyota-backed self-driving startup Pony AI announced plans to go public, marking a major milestone after eight years of development. The company has filed for an initial public offering (IPO) in the United States, targeting a valuation exceeding […]
2.6K Views
George Town, Cayman Islands, 15th November 2024, Chainwire
632 Views
Ramat Gan, Israel, 14th November 2024, Chainwire
789 Views
Apps
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Google launches Gemini Live app, bringing AI voice assistant to iPhone users
Alphabet’s Google on Thursday launched a smartphone app for its AI chatbot, Gemini, on Apple’s App Store Thursday, bringing its latest voice assistant to iPhone users. This release follows Google’s recent rollout of Gemini Live in English for Android users […]
874 Views
Acquisition
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Wearables
RealWear acquires AR startup Almer to accelerate industrial adoption of smart glasses and wearables
RealWear has acquired Almer Technologies, a Swiss augmented reality (AR) startup known for its compact and user-friendly AR headsets. Although the financial details of the acquisition remain undisclosed, the move is expected to reshape the industrial AR landscape by accelerating […]
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Bitcoin
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Crypto market cap hits $3.2 trillion, surpassing France’s GDP
The crypto boom sparked by Trump’s recent November 5 victory shows no signs of slowing down, with Bitcoin reaching $90,000 and driving the global cryptocurrency market beyond the $3 trillion mark. On Thursday, crypto market capitalization hit a record $3.12 […]
1.4K Views
Climate
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Climate tech startup Vaulted Deep raises $32M to inject carbon-containing waste deep underground and combat carbon emissions
Carbon emissions are one of the major drivers of climate change, trapping heat in the atmosphere and fueling extreme weather, rising sea levels, and biodiversity loss. According to Bloomberg climate data, global energy-related CO₂ emissions rose by 1.1% in 2023, hitting a […]
2.3K Views
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AMD lays off 1,000 employees, or 4% of global Workforce, in a bid to compete with Nvidia in AI chip market
AMD announced on Wednesday that it would lay off 4% of its global workforce as the longtime chipmaker sharpened its focus on the fast-growing artificial intelligence chip market, which remains dominated by rival Nvidia. The layoff announcement comes just a […]
917 Views
Cayman Islands, Cayman Islands, 14th November 2024, Chainwire
813 Views
Miami, Florida, 13th November 2024, Chainwire
779 Views
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Klarna, Europe’s most valuable fintech startup, confidentially files for US IPO
Klarna, Europe’s leading buy now, pay later (BNPL) fintech, announced Wednesday that it has confidentially submitted IPO documents to the Securities and Exchange Commission (SEC). The $15 billion Swedish payments company has yet to make its IPO prospectus publicly available, […]
913 Views
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Volkswagen invests $5.8 billion in Rivian to keep the struggling EV truck startup afloat
Rivian announced on Wednesday a $5.8 billion investment from German automaker Volkswagen as part of a joint venture, driving the Amazon-backed electric truck maker’s stock up over 15% on Wednesday. The funding is a much-needed boost after Rivian posted a […]
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Amazon launches a $20 discount store in a challenge to Temu and Shein
Late last month, we covered Amazon’s plans to launch a budget-friendly storefront with a $20 price cap to compete with bargain sites like Temu and Shein. Just two weeks later, Amazon has rolled out its new discount store, offering everything […]
822 Views
Grand Cayman, Cayman Islands, 13th November 2024, Chainwire
663 Views
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OpenAI co-founder Greg Brockman returns to AI startup
OpenAI co-founder Greg Brockman has returned to the company three months after stepping away as president. On Tuesday, he shared on X that his “longest vacation” was over and that he was “back to building OpenAI.” Back in August, Brockman […]
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Electric Car
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VinFast, Vietnam’s struggling EV startup, secures additional $3.4B in funding from founder and parent company
Just a year after going public via a SPAC merger, Vietnam’s ambitious EV startup VinFast finds itself in turbulent waters, grappling with mounting losses and operational setbacks that are complicating its global expansion. Now, the Nasdaq-listed EV maker is looking […]
927 Views
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Juniper Networks backs a $102M investment in AI Startup Recogni to build AI inference systems for data centers
In August, AI startup Recogni revealed a computing breakthrough aimed at reducing energy consumption and enhancing the efficiency of AI training and inference chips. This innovation, which makes AI hardware smaller, faster, and more affordable, quickly drew the attention of […]
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