London, United Kingdom, 25th June 2024, Chainwire
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Coder gets $35M to modernize enterprise development environment & streamline software development
Austin-based tech startup Coder.com has raised $35 million in Series B2 funding round to enhance its cloud-based development platform. This funding round, led by newcomer Georgian, brings Coder’s total Series B funding to $65 million. Existing investors Uncork Capital, Notable […]
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EvolutionaryScale, an AI for biology startup, raises $142M in funding to revolutionize drug discovery and life sciences
EvolutionaryScale, an emerging AI startup at the intersection of biology and life sciences, announced on Tuesday that it has secured an impressive $142 million in seed funding. The funding will be used to develop advanced AI models capable of generating […]
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Dubai, United Arab Emirates, 25th June 2024, FinanceWire
918 Views
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Etched, an AI chip startup founded by college dropouts, raises $120 million in funding to take on Nvidia
Nvidia has long been the uncontested leader in the AI GPU market, but a new contender has just emerged. Etched, a two-year-old startup founded by Harvard dropouts, is stepping into the ring to challenge the chipmaking giant’s dominance with substantial […]
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Pioneering the Future of Borderless Real-World Asset Transactions
Real-world assets (RWAs) have the potential to become a borderless and boundless disruptive technological advancement — but they face global barriers to adoption. These barriers arise in the face of international transactions, regulatory navigation, and verification practices. However, Web3 can […]
1.2K Views
Road Town, British Virgin Islands, 25th June 2024, Chainwire
868 Views
Cybersecurity
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Hacking
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Hacker group LockBit claims to have hacked the US Federal Reserve; threatens to release 33TB of sensitive data
The infamous hacker group LockBit announced it breached the United States Federal Reserve. On its Tor data leak site, the group claimed to have exfiltrated a staggering 33 terabytes of sensitive information, which allegedly includes confidential banking details of American […]
1.2K Views
Paris, France, 24th June 2024, Chainwire
848 Views
Acquisition
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Did OpenAI just secretly acquire Multi?
Less than a week following its acquisition of enterprise data startup Rockset, OpenAI has reportedly added another tech startup to its portfolio: Multi. This news was first reported on Hacker News, with no major news outlets confirming the acquisition, except […]
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AI startup companies Suno and Udio sued by major music labels for copyright infringement
In a major legal challenge that could have widespread implications across the AI industry, major record labels Sony Music, Universal Music Group (UMG), and Warner Records have filed lawsuits on Monday against generative AI startups Suno and Udio. The lawsuits, […]
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Paris-based startup Skynopy secures $3.1M in funding to simplify mobile phone connectivity for LEO satellites
Paris-based space startup Skynopy has raised $3.1 million in a swift funding round to bring simple and seamless mobile phone connectivity to low earth orbit (LEO) satellites. Impressively, the funding was secured in just three weeks, just a few months […]
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Blockchain Basics: Understanding Oracles & Price Feeds in Web3
Blockchain oracles are key to enabling a wide range of decentralized applications. They play the role of a trusted third party, querying, verifying, and authenticating external data so it can be used by smart contracts, and in turn, power the […]
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Apple in talks with Meta on major AI partnership
While Apple and OpenAI have just made their partnership official, other tech giants are eagerly vying for a spot on the Apple Intelligence bandwagon — including some of Apple’s fiercest rivals. The latest is Meta. According to an exclusive report […]
2.5K Views
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Nvidia-backed AI startup Synthesia now lets you create multilingual presentations from your phone
In April, we wrote about Synthesia after the Nvidia-backed AI startup unveiled new emotion-reading AI avatars. Dubbed “Expressive Avatars,” Synthesia’s AI Avatars are designed to bridge the gap between the virtual and real worlds by conveying human emotions through text […]
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Dubai, UAE, 24th June 2024, Chainwire
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OpenAI has acquired enterprise analytics startup Rockset to leverage data more effectively across its suite of products and “power our retrieval infrastructure across products,” the company said in a blog post on Friday. The announcement comes just a day after […]
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Would you trust Elon Musk’s X to be your new bank?
Elon Musk, the visionary billionaire behind Tesla and Neuralink, is setting his sights on a new industry: financial services. Now, Musk’s X (formerly Twitter) wants to be your new bank he eyes the expansion of the social network platform into […]
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Miami, FL, 21st June 2024, Chainwire
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Singapore, Singapore, 21st June 2024, Chainwire
1.6K Views