Wagestream Raises $21.8 Million
Wagestream, a financial well-being app focused on frontline workers, was able to raise investment funds for 17.5 million pounds (about $21.8 million) as part of the financing round.
Investing
Micron Intends to Get $6.1 Billion in Grants From US
The company Micron Technology, which specializes in the implementation of activities for the production of memory chips, will receive $6.1 billion in grants from the Commerce Department of the United States.
Rippling Reportedly Seeks to Raise New Funding
The media, citing insiders, report that currently the startup Rippling, which specializes in business software development, is negotiating to raise new funding at a valuation of between $13 billion and $14 billion.
Microsoft Invests $1.5 Billion in AI Company G42
Microsoft has invested $1.5 billion in G42, which is based in Abu Dhabi and operates in the artificial intelligence industry.
US to Award Samsung up to $6.4 Billion in Grants for Chip Plants
The administration of the President of the United States Joe Biden will provide Samsung Electronics Co. with grants worth up to $6.4 billion to increase chip production in Texas.
El Salvador Launches First-Ever Tokenized Asset Raise With Bitfinex Securities
Tokenized shares issued on the Bitcoin layer 2 Liquid Network will allow investors to earn a share in a new 4,500-square-foot Hampton by Hilton hotel in El Salvador.
BlackRock’s BUIDL Tokenized Fund Gets USDC Transfer Functionality
With the new smart contract, holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) can now transfer their shares to Circle for USDC.
South Korea to Invest in AI
South Korean President Yoon Suk Yeol said on Tuesday, April 9 that this country is investing 9.4 trillion won ($6.94 billion) in artificial intelligence.
Samsung Reportedly to Hike Texas Chip Spending
The media reports that Samsung Electronics Co. plans to increase investment in Texas by $44 billion.
Coro Raises $100 Million
Coro raised $100 million following a Series D funding round to develop its cybersecurity platform designed for small and medium-sized businesses.
Grayscale’s New Investment Fund to Maximize Staking Income
New Grayscale Dynamic Income Fund focuses on optimising crypto staking rewards for sophisticated investors with over $1.1 million assets under management or a net worth of more than $2.2 million.
Westpac Announces Tech Upgrade
Australian bank Westpac has announced its intention to invest billions of dollars in simplifying its technology infrastructure over the next four years.
AI Startup Cohere to Raise Funds at $5 Billion Valuation
Startup Cohere Inc., which operates in the artificial intelligence industry, is currently in the late stages of discussing a new round of financing.
World Fund to Offer €300M to European Climate Tech Founders
German-based climate VC World Fund has raised a €300M fund to make substantial investments into European tech startups, developing technologies that can potentially decarbonise entire industries.
Behavioural Finance: The Science Behind Investing Choices
There are numerous investing strategies that can make you rich. People often try to discover the secrets of successful investors or look for guidance in charts, graphs and statistical models. And yet, science shows there is more to investing than rationale and logic. Behavioural finance is an exciting field of research that studies the influence […]
Mercado Libre Reportedly to Invest $2.5 Billion to Bolster Growth in Mexico
Media reports that Mercado Libre, which operates in the sphere of e-commerce and provides payment services to consumers, plans to invest $2.5 billion in Mexico.
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