Bengaluru, India, 3rd July 2024, Chainwire
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1.8K Views
Frankfurt, Germany, 2nd July 2024, Chainwire
1.4K Views
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Industry Ventures secures $900 million hybrid fund to invest in early-stage tech startups
Industry Ventures, a pioneer investment firm specializing in private technology companies, has closed a $900 million fund for its latest fund, Industry Ventures Partnership Holdings VII (Fund VII). This news comes as a boon for non-generative AI startups that are […]
3.1K Views
Champaign, Illinois, United States, 2nd July 2024, Chainwire
1.6K Views
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Why Institutions Are Buying Bitcoin
The rise of Bitcoin is monumental as it grew from its early days to a decentralized payment system that surprised the world with its huge market capitalization. Bitcoin was made in its decentralized nature to give power to the people. […]
3.0K Views
Brussels, Belgium, 2nd July 2024, Chainwire
1.5K Views
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UK fintech startup Revolut seeks $40 billion valuation following a $553.81 million profit
British digital banking startup Revolut announced on Tuesday a record pretax profit of £438 million ($553.81 million) for 2023, driven by robust user growth and a significant rise in interest-related income. This marks a significant milestone as the company aims […]
1.9K Views
Roadtown, British Virgin Islands, 2nd July 2024, Chainwire
991 Views
Hanoi, Vietnam, 2nd July 2024, Chainwire
855 Views
Electric Car
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Electric Vehicles
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Startup Spotlight
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Electric car maker Fisker files for bankruptcy, leaving thousands of EV owners with uncertain future
Electric vehicle startup Fisker filed for Chapter 11 bankruptcy protection in June 2024. The news ends months of speculation over the future of the company and marks a critical point in the company’s tumultuous journey. Fisker is now focused on […]
1.6K Views
Miami, United States, 1st July 2024, CyberNewsWire
1.6K Views
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Amazon hires founders of AI startup Adept to lead its push into AI-powered work automation
Amazon has hired the co-founders of AI agent startup Adept in a move to bolster its artificial intelligence capabilities and enhance its AI-powered work automation efforts. Adept co-founder and CEO David Luan will join Amazon, along with Adept co-founders Augustus […]
2.6K Views
The positive sentiment surrounding Bitcoin ETFs by crypto enthusiasts allowed Bitcoin to rally more than 53% after the US Securities and Exchange Commission (SEC) approved the first regulated spot Bitcoin ETFs on Jan. 10. However, since the rally maxed the […]
1.3K Views
Acquisition
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Google acquires a stake in BlackRock-backed Taiwanese solar startup to boost energy capacity amid AI boom
Google announced on Monday it has acquired a stake in Taiwan’s New Green Power (NGP) in a strategic move to advance its sustainability goals. The deal includes capital investment from Google into the BlackRock fund-owned firm. As part of the […]
4.1K Views
Willemstad, Curaçao, Netherlands, 1st July 2024, Chainwire
1.1K Views
San Francisco, United States, 1st July 2024, Chainwire
1.2K Views
Santa Clara, USA, 1st July 2024, Chainwire
1.0K Views
Artificial Intelligence
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Emerging Technology
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Startup Spotlight
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Startups
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OpenAI and Microsoft sued by Center for Investigative Reporting over copyright infringement
First, it was the major music labels targeting AI startups for copyright infringement. Now, the news industry has secured a formidable ally in its fight against AI giant OpenAI in a major pushback against AI companies and their alleged exploitative […]
2.3K Views
Artificial Intelligence
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Emerging Technology
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Fluently, an AI startup founded by YCombinator alum, raises $2M seed round for AI-powered speaking coach for calls
With 84 million non-native employees working in English-speaking environments, companies spend a staggering $10 billion annually on corporate English training to enhance communication and boost confidence. Now, one tech startup aims to transform how near-native speakers refine their English language […]
2.9K Views
The rise of online casino gambling in the US has been extraordinary as many states have been regulating and legalizing these platforms. These regulations and laws can differ between states and affect online casino experiences. That is why we’ll be […]
2.4K Views