Humanity Protocol Secures Valuation of $1.1 Billion
Humanity Protocol has secured a fully diluted valuation of $1.1 billion after raising $20 million in a funding round co-led by Jump Crypto and Pantera Capital.
News - page 35
Nvidia Sheds Almost $600 Billion in Market Cap
On Monday, January 27, Nvidia’s market capitalization decreased by almost $600 billion which is a record one-day drop in the history of companies based in the United States.
Perplexity AI’s New TikTok Deal Reportedly Offers US 50% Stake
The media published information according to which the search engine startup Perplexity AI has revised its plans to merge with TikTok.
OKX and Crypto.com Secure Full MiCA Licenses in EU
Crypto exchanges OKX and Crypto.com have received full licenses under the European Union’s Markets in Crypto-Assets Regulation (MiCA).
Bitcoin Drops to 11-Day Low
On Monday, January 27, bitcoin dropped below $100,000, thus falling to its lowest level in the last 11 days.
Fake DeepSeek Token Hits $48 Million Market Cap
The market capitalization of the Solana token carrying DeepSeek, the Chinese star of the artificial intelligence industry, which is currently being actively discussed in the global information space as a groundbreaking product in the AI area, briefly rose to $48 million.
China’s DeepSeek AI Model Wreaks Havoc on Tech Stocks
The success of an open-source AI model, DeepSeek, created by a Chinese startup, caused significant declines in major tech stocks, including Nvidia, Microsoft, and Meta.
Slice Bank Seeks Financing to Expand
Indian fintech Slice Bank is looking to raise between $250-$300 million to expand its offering with merchant services.
Affirm Expands Cooperation With Liberty Mutual Investments
Buy Now, Pay Later (BNPL) lender Affirm Holdings has expanded the scope of its capital partnership with an investment company Liberty Mutual Investments (LMI).
Texas Instruments Gives Dour Q1 Profit Forecast
Texas Instruments has published a profit forecast for the first quarter of the current year, which turned out to be lower than analysts’ preliminary expectations regarding the dynamic of the corresponding indicator.
Meta Plans to Spend as Much as $65 Billion on AI Efforts in 2025
Meta Platforms Inc. chief executive officer Mark Zuckerberg said on Friday, January 24, that in the current year, this technology giant intends to invest up to $65 billion in projects related to artificial intelligence.
Bank of Japan Raises Interest Rates
On Friday, January 24, the Bank of Japan decided to raise interest rates to the highest level since the global financial crisis of 2008.
JPMorgan, Goldman Sachs Refuse to Roll Back Diversity Programs Despite Anti-DEI Activist Pressure
Despite increasing pressure from anti-DEI activists fueled by recent political shifts, several financial institutions, including Goldman Sachs and JPMorgan Chase, have chosen to maintain or even strengthen their DEI programs.
US to Form National Digital Asset Stockpile
The new President administration intends to position the U.S. as a leader in the crypto sector, aiming to establish a strategic national digital asset stockpile, potentially comprising cryptocurrencies lawfully seized by the federal government.
Citi Says Asian Tech Fundraising to Increase in 2025
Citi predicts an increase in momentum in Asian fundraising for technology companies in the current year.
SK Hynix Reports Earnings
South Korean company SK Hynix, one of the largest manufacturers of memory chips in the world, on Thursday, January 23, published information about its earnings for the fourth quarter of 2024.
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