Cary, United States / North Carolina, 16th August 2024, CyberNewsWire
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British fintech startup Revolut valued at $45 billion after secondary share sale
Revolut’s valuation has surged to $45 billion after a secondary share sale to new and existing investors, positioning the British fintech startup ahead of some of Europe’s largest banks. Announced on Friday, the share sale—which allowed current employees to cash […]
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Blockchain startup Rivalz Network raises $9M in funding to revolutionize AI with the first AI Intel layer
Two years ago, ChatGPT took the world by storm, marking a major turning point in artificial intelligence (AI). But as AI becomes more mainstream, the focus is now shifting to data provenance, which is set to be the backbone of […]
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Fintech startup Amount lands $30M in funding to power digital lending for banks and credit unions
Amount, a fintech startup that provides technology to credit unions, banks, and financial institutions, has secured $30 million in equity funding to bolster its technology and push further into the credit union sector. The round was backed by Curql, a […]
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Miami, Florida, 15th August 2024, Chainwire
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Roper Technologies has agreed to acquire Transact Campus for $1.5 billion to enhance its services for higher education institutions and healthcare facilities, the company announced on Thursday. After the acquisition, Transact, known for its campus technology and payment solutions, will […]
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Fintech startup Klarna launches personal accounts and cashback offering to take on banks ahead of IPO
Klarna, the fintech startup known for its buy now, pay later (BNPL) loans, is expanding its services with the launch of a personal account offering deposits and cashback rewards in the U.S. and Europe. This move comes as Klarna prepares […]
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hongkong, china, 15th August 2024, Chainwire
660 Views
According to the data obtained by researchers, revenue in the iGaming market is anticipated to show an annual growth rate of around 5.55%. Furthermore, while user penetration in 2024 is about 2.7%, it’s projected to reach 3.3% by 2029. Interestingly, […]
1.1K Views
In recent months, the U.S. economy has been dealing with considerable uncertainty, characterized by changing inflation rates, supply chain issues, and shifting consumer habits. Now, Truflation has just come out with its comprehensive, US Inflation Report Update for July 2024. […]
969 Views
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Crypto exchange VALR now offers Euro wire transfers and EURC token
With cryptocurrency use hitting new heights, Pantera-backed crypto exchange VALR has announced a significant boost to its European operations, adding a fresh option for Euro-denominated transactions. The Johannesburg-based VALR revealed this Wednesday that it is now listing EURO Coin (EURC), […]
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Crypto.com scores major deal as the official partner of UEFA Champions League
Crypto.com has struck a notable partnership as the exclusive global cryptocurrency platform partner for the UEFA Champions League. Announced on Wednesday, this multi-year deal positions Crypto.com as the sole global crypto sponsor for the prestigious football competition. This agreement marks […]
908 Views
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Mindbody ClassPass eyes IPO with Goldman Sachs as the lead banker
ClassPass, the subscription-based fitness platform acquired by Mindbody in 2021, is setting its sights on an IPO within the next 12-18 months, with Goldman Sachs tapped as its lead banker, Reuters reported, citing the company CEO. Mindbody, based in California, […]
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Intel woes deepen this week as the former chip giant cuts stake in UK chip designer Arm to cost cuts amid company-wide restructuring. According to a regulatory filing, Intel has sold its 1.18 million share stake in British chip company […]
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Solana-based platform Avatar.One helps over 120,000 active users in combating loneliness with 3D AI companions
Loneliness has become a critical issue, affecting people across various age groups and regions. For older adults, loneliness is linked to a 50% higher risk of dementia and a 30% increased risk of stroke. To address this, Solana-based AI companion […]
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Sahara AI raises $43M in funding to solve IP issues facing the AI industry
Sahara AI, a decentralized AI startup co-founded by a University of Southern California associate professor, announced on Wednesday that it has secured $43 million in a Series A funding round to tackle complex copyright and privacy challenges in the AI industry. […]
1.2K Views
Singapore, Singapore, 14th August 2024, Chainwire
828 Views
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Huawei set to launch new AI chip to challenge Nvidia dominance
Huawei is on the verge of launching a new AI chip designed to challenge Nvidia’s dominance in China, the Wall Street Journal on Tuesday, citing sources. The new AI chip, named Ascend 910C, is currently undergoing tests with major tech […]
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Miami, Florida, 13th August 2024, Chainwire
711 Views
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Google launches first AI-powered Android update, new Pixel 9 phones and gadgets lineup
Google on Tuesday unveiled new AI features for Android devices, alongside its latest Pixel 9 smartphones. The company is intensifying its efforts to integrate artificial intelligence into its hardware, aiming to get ahead of competitors like Apple. The introduction of […]
970 Views