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OpenAI raises an additional $6.6B at a $157B valuation
2.10.2024
In February 2024, the artificial intelligence company was valued at approximately $80 billion and has grown considerably since that time
AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation
14.9.2024
Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would be used to support the need for computing power and other expenses, as stated...
OpenAI in talks to raise funds at over $100B valuation: Report
29.8.2024
Private documents show OpenAI stockholders are planning to sell shares at a price that would value the firm at $103 billion. Any new investment would see the AI startup valued even higher
Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain
23.8.2024
Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation of $2.25 billion. The round aims to extend the development of Story, a blockchain aiming to tokenize and protect what Pip Labs calls the “multi-trillion-dollar” asset class...
Crypto-Friendly Revolut Targets $45 Billion Valuation in Upcoming Share Sale
24.7.2024
Revolut, the crypto-friendly digital bank, is reportedly planning to sell $500 million of employee shares, targeting a staggering valuation of $45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Revolut’s progressive approach to cryptocurrencies...
Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation
2.7.2024
Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going public in U.S. markets. The company would be in talks to complete its initial public offering (IPO) in 2025, creating an entity combining its AI cloud computing and data...
Blast token rallies 40% after $2B airdrop debut
27.6.2024
The native token of the Ethereum layer-2 Blast has rallied following an airdrop in which 17% of the supply was sent to eligible users
Humanity Protocol Teases Several Major Partnerships Following $1 Billion Valuation
20.5.2024
Humanity Protocol, the artificial intelligence startup pioneering new identity verification technology, is teasing “several major partnerships” ahead of its testnet launch. The news follows its $1 billion valuation last week that saw key investors such as Kingsway Capital and Animoca Brands...
Citadel-Backed Hidden Road Partners Targets $120M in Series B
18.4.2024
Hidden Road Partners aims to secure $120 million in a Series B funding round to bolster its crypto and other trading services, targeting a $1 billion valuation.
The post Citadel-Backed Hidden Road Partners Targets $120M in Series B appeared first on Cryptonews
Manta token soars to $3.7 billion valuation in just 10 days
30.1.2024
MANTA is one of the tokens to have gained significant value in the last 7 days. Despite the recent fall of 2.565 in the last 24 hours, it has jumped up by 47.98% in the last 7 days. What makes the climb remarkable is the valuation of Manta, which is now booked at $3.7 billion, …
NFT Giant OpenSea Keeps Options Open for Potential Acquisition
28.1.2024
The collapse of the non-fungible token (NFT) market last year dealt a blow to OpenSea, raising questions about its once staggering $13.3 billion valuation. Now, the popular NFT marketplace is at the center of acquisition discussions, with CEO and co-founder Devin Finzer expressing an open-minded...
Wormhole Raises $225 Million at $2.5 Billion Valuation in 2023’s Largest Crypto Fundraise
29.11.2023
Source: Adobe Interoperable blockchain protocol Wormhole has achieved another significant milestone with a $225 million seed fund raised from a group of prominent investors in the crypto landscape. This fundraising is the largest in the Web3 ecosystem so far this year, propelling Wormhole’s...
Wormhole raises $225M at $2.5B valuation
29.11.2023
The protocol reached a total value locked of $3.8 billion at its peak
Crypto Firm Hashkey Eyes $1 Billion Valuation, Capitalizing on Hong Kong's Digital Shift
19.5.2023
Hong Kong-based digital asset firm HashKey Group aims to raise funds at a valuation of more than $1 billion.
The company is in early-stage talks to raise $100 million to $200 million from potential investors, Bloomberg reported Friday, citing people familiar with the matter.
The deal...
Crypto AI Economy Suffers $730 Million Loss in 2 Months as Interest Wanes
22.4.2023
Less than two months ago, a collection of 74 listed cryptocurrencies centered around artificial intelligence (AI) amassed an impressive $4 billion valuation. However, the intervening weeks have seen a sharp decline in crypto-AI economy gains, with losses of $730 million. The three most prominent...
From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX
10.11.2022
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion in value as FTX’s troubles shook investors....
Blockchain.com Seeks New Funding at $4 Billion Valuation – 70% Decline From Previous Round
28.10.2022
Major crypto company Blockchain.com is allegedly in talks over down-round fundraising that could see its valuation slashed by more than 70%.
The crypto exchange reportedly aims to raise funds at a fraction of the $14 billion valuation it achieved earlier this year, Bloomberg reported Thursday...
Uniswap Labs Raises $165 Million Reaching $1.66 Billion Valuation
14.10.2022
Uniswap Labs, the company behind one of the world's leading decentralized exchanges, has announced the company has raised some $165 million in Series B funding. The funding round was led by California-based Polychain Capital, with participation from longtime investors Andreessen Horowitz (a16z)...
Report: Uniswap Seeks to Raise $200 Million in Fresh Capital at $1 Billion Valuation
1.10.2022
The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The funding round is currently in a nascent stage as the report claims Uniswap has been...
Is US Bitcoin ATM Operator Going Public With $1 Billion Valuation a Loser?
22.9.2022
Bitcoin Depot is confident that its plan to go public at a $1 billion valuation through a special purpose acquisition company (SPAC) merger deal will be successful.
In an interview with Fortune, Brandon Mintz, CEO of the company that is currently the biggest operator of crypto ATMs globally, said...