News
News
Lesser-tracked bitcoin market dynamic lends credibility to August surge to $80,000
An indicator fundamental to understanding whether capital consistently moved in size to push prices higher is flashing green.
Viral AI startup Instinct has raised $350 million at a $2.5 billion valuation
The startup is only a year old but it has already generated a massive amount of hype (and money) while…
Amazon just tripled its order of Nvidia chips over ‘surging demand’
Amazon is adding another 2 million Nvidia GPU chips to its data centers over the next two years. But this…
SEC resurrecting U.S. crypto custody rule the previous administration failed to land
In 2023, the regulator tried to narrowly restrict the places investment advisers could park clients' crypto assets, but the new…
Meta’s $18B child-safety deal hinges on age-verification tech that doesn’t work well
The historic settlement reignites ongoing concern around how age-verification technology puts privacy at risk.
India’s Ringg gets backing from Peak XV as it pushes voice AI past the phone call
Ringg has raised $10 million from Peak XV as a part of its Series A extension.
Robotics startup Generalist reaches $3B valuation, sources say
The $200 million extension comes just months after the physical AI startup reached a $2 billion valuation.
OpenAI loses a top data center exec, as stream of high-profile departures continues
Before Malone left, OpenAI had already reshuffled its infrastructure org, shifting his reporting line away from President Greg Brockman and…
U.S. state banking associations plan to launch their own nationwide blockchain network
The "BankChain Alliance" is aiming for a 2027 launch, and would foster stablecoins, payments and tokenized deposits inside the banking…
