News

U.S.-based AI chip startup Groq has secured a $1.5 billion capital commitment from Saudi Arabia to support the expansion of its high-speed inference chip technology across global markets. The agreement, reported in February, positions Groq as a key player in …

After a prolonged slowdown in public listings, the IPO market is beginning to reopen. For investors in late-stage growth companies, this momentum shift could not come at a better time. Venture capital firms are returning capital at the lowest rate …

Perplexity AI is in advanced talks to raise $500 million in fresh capital at a $14 billion valuation, according to The Wall Street Journal. The funding round, led by Accel, marks a significant milestone for the fast-growing AI company that’s …

Cerebras, a pioneer in high-performance AI infrastructure, has partnered with Meta to deliver the fastest deployment yet of Llama 4, one of the most widely used open-source AI models. Through Meta’s new Llama API, developers and enterprises can now build …

OpenAI is positioning itself as a dominant force in the future of artificial intelligence, with newly released financial projections forecasting explosive growth. The company expects its revenue to soar from $3.7 billion in 2023 to over $13 billion in 2025, …

Revolut is preparing to enter the competitive rewards credit card market, positioning itself against industry giants like American Express and Barclaycard. The UK-based fintech, which has surpassed 50 million customers globally, is in the early stages of developing a credit …

Dataminr has raised $85 million in new capital to accelerate the expansion of its AI-powered real-time intelligence platform. The investment will support the company’s global growth strategy, with a focus on expanding operations in Europe, the Middle East, and Asia. …

Kraken, one of the most established and secure cryptocurrency exchanges, is taking another leap forward in trading technology. The company has announced the launch of a new colocation service designed to provide ultra-low latency execution for its clients and partners. …

Klarna, the Swedish fintech giant known for pioneering buy-now, pay-later (BNPL) services, is gearing up for an initial public offering (IPO) that could value the company at over $15 billion. The much-anticipated listing is expected to take place on the …

Figure AI, an OpenAI-backed robotics AI startup, has unveiled humanoid robots capable of understanding voice commands and handling objects they have never encountered before. This breakthrough, powered by Figure’s in-house AI model, Helix, represents a major leap in robotics, particularly …

Microsoft Corp. and Anduril Industries have announced an expanded partnership to advance the U.S. Army’s Integrated Visual Augmentation System (IVAS) program. Pending Department of Defense approval, Anduril will oversee IVAS production, development, and delivery, while Microsoft Azure becomes the preferred …

Uniswap Labs, a leader in decentralized finance (DeFi), has officially launched Unichain, a next-generation Layer 2 blockchain designed to make crypto trading and DeFi transactions faster, cheaper, and more accessible. With over 88 million test transactions and 12 million smart …