The media, citing an anonymous insider, published information according to which Perplexity AI, a startup building search engine powered by artificial intelligence, is currently in talks to double its valuation to $18 billion as part of a new funding round.
Amid the growing interest in integrating traditional financial instruments with blockchain technology, there’s time to demystify tokenised money market funds and their role in finance.
The Estonian-based cybersecurity company Blackwall raised 45 million euros (about $49 million) in a funding round.
Emirati state-owned investment company MGX announced $2 billion in financial injections into Binance, which was the cryptocurrency exchange’s first institutional investment and the single largest investment in the virtual currency sector.
Automation-focused fintech platform Worth raised $25 million in new funding.
Neobank Zolve on Tuesday, March 11, announced that it raised $251 million in the latest round of debt and equity financing.
Microsoft will invest an additional 5.4 billion rand ($297 million) in South Africa by the end of 2027 to expand its cloud and artificial intelligence capacities in the country.
Last Sunday, March 2, Chinese smartphone manufacturer Honor pledged to invest $10 billion in artificial intelligence and announced the deepening of the Google partnership, which is related to the company’s desire to bolster its market share overseas.
Bitwise, a cryptocurrency-focused asset manager, has completed a $70 million raising equity.
Quantum Machines, an Israeli startup that provides quantum control solutions to other professionals in the relevant area, raised $170 million.
On Monday, February 24, Apple announced its intention to invest $500 billion over the next four years to expand facilities in the United States.
Fold public listing on the Nasdaq is a major milestone for the Bitcoin financial services firm and the crypto industry in general.
Together AI, backed by Nvidia, announced last Thursday, February 20, that it raised $305 million in the latest round of financing, which increased the market capitalization of this startup operating in the artificial intelligence space, more than twice as much as the reading recorded last year.
Search startup Genspark raised $100 million in a Series A funding round.
The $16M Series A funding round led by Avataar Ventures will help CredCore, an AI-driven startup, to enhance transaction efficiency in the enterprise debt investment sector, enabling clients to expand their teams and increase their assets under management (AUM).
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