News

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 …

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 …