Brisbane, Australia, 7th August 2024, Chainwire
Brisbane, Australia, 7th August 2024, Chainwire
Mexican fintech startup Stori has risen to “unicorn” status after landing a $212 million round of funding, the largest announced by a Mexican startup in the past year, according to data from Crunchbase. Stori plans to use its recent capital […]
Cybersecurity startup Abnormal Security has raised $250 million in a Series D funding round that pushes the company’s valuation to $5.1 billion. The round was led by Wellington Management, with participation from existing investors Greylock Partners, Menlo Ventures, Insight Partners, […]
With the surge in artificial intelligence funding, climate tech has seen a notable decline in financial support, particularly for small and mid-sized renewable projects. To tackle this, a new platform aims to channel more funds into sustainable initiatives. Enter Climatize, […]
OpenAI co-founder John Schulman has left the generative AI he co-founded in 2015 for rival AI startup Anthropic, leaving just two original co-founders still working at the company. Schulman, who led the creation of ChatGPT, announced in a post on […]
Grand Cayman, Cayman Islands, 6th August 2024, Chainwire
Infineon announced on Monday that it will eliminate 1,400 jobs worldwide as part of a broader trend of layoffs in the tech industry. The German semiconductor company also plans to shift another 1,400 positions to countries with lower labor costs. […]
Card games provide the perfect blend of entertainment and the opportunity to exhibit one’s prowess in strategic thinking. Over the years, old-time classics have been revitalized by their online availability and are currently some of the staples in online gaming. […]
Google has been found guilty of monopoly after losing a major antitrust case. In a court hearing on Monday, a federal US judge ruled that Google abused its power and illegally maintained a monopoly in search and text advertising. The […]
Every day, thousands of founders go online to search for that “perfect idea” to kickstart their startup journey. However, identifying the next big thing can be a daunting task, especially for aspiring entrepreneurs. In recent months, we’ve shared a series […]
Ex-Google engineers and Character.AI co-founders are returning to Google’s artificial intelligence unit DeepMind. The news comes just three years after the duo left the search giant to launch the buzziest generative AI startup. In an announcement on Friday, the two […]
George Town, Grand Cayman, 5th August 2024, Chainwire
Tech consulting firm Thoughtworks announced on Monday it has agreed to be taken by private equity powerhouse Apax Partners in a deal valued at approximately $1.75 billion. The news comes nearly three years after its stock market debut. Under the […]
If you’ve kept up with developments in the crypto space this year, you’ll know that exchange-traded funds (ETFs) have been a hot topic. 2024 started off with the approval of spot ETFs for Bitcoin, which had been pursued by different […]
Zug, Switzerland, 5th August 2024, Chainwire
Groq, a Silicon Valley startup developing chips to run generative AI models faster than traditional processors, has raised $640 million in a Series D funding round led by BlackRock Private Equity Partners. Other backers in this round included existing and […]
Apple and Nvidia led a sell-off in technology stocks on Monday as U.S. recession fears and Berkshire Hathaway’s decision to cut its stake in the iPhone maker punctured a months-long rally in the sector. High-performing tech companies, often called the […]
WILLEMSTAD, Curacao, 5th August 2024, Chainwire
In a move that echoes last year’s Hollywood strikes, video game voice actors and motion-capture performers have walked off the job, demanding stronger protections against the encroachment of artificial intelligence (AI) in their industry. The strike, which began last week, […]
Tortola, British Virgin Islands, 2nd August 2024, Chainwire