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Tag: fund

Perplexity’s valuation soars to $14B with new $500M AI funding
Perplexity, a San Francisco-based artificial intelligence search engine, is nearing completion of a $500mn funding round...

Google now scouting for AI innovators with its rolling AI Futures Fund
Google announced the launch of its AI Futures Fund on Monday, a new initiative to invest in startups building with the l...

Nasdaq-listed GDC plans to buy Bitcoin and TRUMP memecoin for $300M
GD Culture Group (GDC), a Nasdaq-listed holding company focused on livestreaming, e-commerce and artificial intelligence-powered digital human technology, plans to raise up to $300 million for a crypt...

Arizona governor kills two crypto bills, cracks down on Bitcoin ATMs
Arizona Governor Katie Hobbs vetoed two key cryptocurrency-related bills that aimed to expand the state’s involvement in digital assets while signing a strict regulatory measure targeting Bitcoin AT...

Arizona Governor Vetoes Two Crypto Bills, Signs One Targeting ATM Fraud
Arizona Governor Katie Hobbs vetoed SB1373, saying market volatility makes it an imprudent fit for state fund management....

Bitcoin At The Core Of Bhutan’s Tiny Yet Mighty Investment Plan
Bhutan’s government is pushing hard to open its doors to investors and new industries. It wants more than just its fam...

SEC hacker once Googled ‘if I am being investigated by the FBI’
Eric Council Jr., the SIM swap hacker who helped compromise the Securities and Exchange Commission’s X account last year, made $50,000 performing similar attacks and even searched how to tell if the...

Dubai taps Crypto.com to enable crypto payments for govt services
The government of Dubai has signed an agreement with crypto exchange Crypto.com to launch crypto payments for government services. The agreement, formalized during the Dubai fintech Summit on May 12,...

Bitcoin Dominates $882M Weekly Crypto Inflows While Sui Quietly Overtakes Solana
Crypto investment products continued to attract capital for the fourth consecutive week, according to the latest weekly report from CoinShares, a European-based asset manager focused on digital assets...

Coinbase to become the first crypto firm to join the S&P 500
Crypto exchange Coinbase Global (COIN) is set to join the Standard and Poor’s 500 (S&P 500) on May 19, becoming the first and currently only crypto firm to make it into the index. The crypto exchang...