Warsaw, Poland, 10th July 2024, Chainwire
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1.5K Views
Los Angeles, United States, 9th July 2024, Chainwire
1.4K Views
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Cloud storage startup Nasuni valued at $1.2 billion in funding led by Vista
Cloud storage startup Nasuni has reached a valuation of approximately $1.2 billion after securing a strategic growth investment led by Vista Equity Partners. The Boston-based enterprise data platform startup added that Vista will be joined by TCV and KKR in […]
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Agrotoken partners with Tanssi to revolutionize agro-finance in South America using blockchain
Appchain infrastructure platform Tanssi announced on Tuesday it has teamed up with Agrotoken, a global tokenization platform for agricultural commodities, to introduce decentralized tools to transform the agrotech markets in South America. This partnership aims to develop an innovative agro-finance […]
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AI startup funding more than doubles in Q2, surges to $24 billion
The artificial intelligence boom, ignited by the success of ChatGPT two years ago, shows no signs of slowing down as investors continue to funnel billions into generative AI startups. According to the latest data from Crunchbase, investments in AI startups […]
2.2K Views
Grand Cayman, Cayman Islands, 9th July 2024, Chainwire
1.3K Views
In a move to increase corporate transparency and combat financial crimes, the US Financial Crimes and Enforcement Network (FinCEN) now requires most US businesses to disclose information about their beneficial owners. This new regulation, part of the Corporate Transparency Act […]
1.6K Views
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German online food delivery giant Delivery Hero faces a potential €400 million fine over antitrust violations
German online food delivery giant Delivery Hero revealed on Sunday that it may face a fine from the European Commission over alleged antitrust violations. The Berlin-based company told investors that it could be fined over €400 million ($433 million) due […]
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Bitfarms names new CEO just a month after rejecting Riot Platforms’ takeover bid
Bitcoin mining startup Bitfarms has appointed insider Ben Gagnon as its new Chief Executive Officer to steer the company through a strategic review and an ongoing dispute with its largest shareholder and rival, Riot Platforms. The news comes just a month […]
3.0K Views
Torrance, United States / California, 8th July 2024, CyberNewsWire
1.3K Views
PRConnect, a leading provider of digital content marketing services, has announced a strategic partnership with MediaFuse, an innovative vertical newswire service and the publisher of Chainwire, FinanceWire, CyberNewsWire, and GamingWire. This collaboration significantly extends PRConnect’s global distribution network, enabling both […]
1.5K Views
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OpenAI Hacked: Hacker stole OpenAI’s internal AI secrets in a data breach, NYT reports
In a major security breach last year, a hacker infiltrated the internal messaging systems at OpenAI, stealing sensitive details about the company’s artificial intelligence technologies, the New York Times reported on Thursday. The breach also exposed internal conversations among researchers […]
2.0K Views
Tokyo, Japan, 5th July 2024, Chainwire
1.7K Views
Singapore, Singapore, 4th July 2024, Chainwire
1.7K Views
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Jeff Bezos to sell $5 billion of Amazon shares after stock hits record high
In a move that may raise eyebrows across the financial markets, Amazon founder and executive chair Jeff Bezos plans to sell almost $5 billion worth of shares in the e-commerce behemoth, according to a recent regulatory filing. This announcement follows […]
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Amazon is launching a new discount marketplace to compete with Temu; direct shipping from China
Amazon is gearing up to launch a new shopping section designed to directly compete with emerging e-commerce giants Temu and Shein, according to a report from The Information. This new section, or possibly an app, will offer a range of […]
3.8K Views
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AI coding startup Magic seeks to raise $200 million at a $1.5 billion valuation
Magic, a generative AI startup developing artificial intelligence models to write software, is in advanced discussions to raise over $200 million in a new funding round, which would value the company at $1.5 billion, according to an exclusive report from […]
2.5K Views
Bengaluru, India, 3rd July 2024, Chainwire
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 […]
3.2K Views