News

Plaid, a leading data network powering the digital financial ecosystem, has announced a strategic partnership with Algebrik AI, an AI-driven loan origination platform. This collaboration aims to revolutionize the loan approval process by integrating Plaid’s consumer-permissioned data into Algebrik’s platform, …

In a move that signals its preparation for a potential initial public offering (IPO), global HR and fintech company Deel has successfully completed a $300 million secondary share sale. This transaction brings General Catalyst on board as an investor, alongside …

Payments giant Visa and Elon Musk’s social media platform X are partnering to introduce direct payment solutions for X customers, a source familiar with the matter told Reuters on Tuesday. This strategic collaboration is marking a significant step in Musk’s …

In a bold and potentially groundbreaking move, artificial intelligence startup Perplexity AI has revised its merger proposal with TikTok’s Chinese parent company ByteDance, introducing a plan that would grant the U.S. government up to a 50% stake in TikTok’s U.S. …

Brex, a leading US-based spend management and corporate card platform, has announced the successful closure of a two-year, $235 million revolving credit facility. This milestone underscores the company’s commitment to enhancing its suite of financial products designed for startups and …

A consortium of prominent technology companies has announced a groundbreaking initiative to invest $500 billion over the next four years in building advanced AI infrastructure across the United States. Dubbed the Stargate Project, this ambitious undertaking was unveiled on January …

In a surprising twist to TikTok’s tumultuous journey in the United States, YouTube sensation and TikTok star Jimmy Donaldson, better known as MrBeast, has emerged as a key player in the effort to acquire the social media giant. With TikTok …

In a move signaling its commitment to enhancing corporate offerings, Perplexity, the AI-powered search engine, has acquired Read.cv, a professional social media platform. Announced via Read.cv’s blog post, the acquisition marks a pivotal chapter for the West Berkeley-based platform as …

CoreWeave, the AI Hyperscaler™, has revealed that its first two data centers, located in Crawley and London Docklands, are now fully operational. These state-of-the-art facilities mark a significant milestone in CoreWeave’s commitment to advancing high-performance computing (HPC) capabilities in the …

The fintech sector is abuzz with news that Chime, the digital banking disruptor, has confidentially filed for an IPO, targeting a 2025 launch. Once valued at nearly $25 billion during the pandemic-fueled fintech boom, Chime is making a comeback after …

Anthropic, the AI startup founded by former OpenAI executives, is reportedly in late-stage discussions to raise up to $2 billion in funding at a valuation of $60 billion. The funding round, led by Lightspeed Venture Partners, would place Anthropic among …

The defense and transportation sectors are undergoing a transformative era, driven by technological advancements and strategic investments. At the forefront of this shift is Anduril Industries Inc., a cutting-edge defense technology company headquartered in Costa Mesa, California. Known for its …