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Venture capital investment into Europe’s tech industry plunged by half in 2023 as investors continued to reel from the effects of high interest rates, according to data from venture capital firm Atomico. However, artificial intelligence was a standout category that …

SoftBank posted an investment gain on its Vision Fund in the fiscal second quarter but booked another quarterly loss. Here’s how SoftBank did in the September quarter against LSEG estimates: For the first half of SoftBank’s fiscal year, it posted a …

Shein has seen big swings in its price tag over the last year. The Singapore-headquartered fast fashion platform is targeting a valuation of up to $90 billion in a potential U.S. initial public offering, Bloomberg reported on Tuesday. TechCrunch has reached out …

It’s strange times we’re living in when a blockchain billionaire, not the usual Big Tech suspects, is the one supplying the compute capacity needed to develop generative AI. It was revealed yesterday that Jed McCaleb, the co-founder of blockchain startups …

Policymakers in Washington are now engaged in a wide range of discussions regarding how to prevent AI technology from spinning out of control. But for all the focus on various dangers, we’re losing sight of how the AI economy should …

Athens, Georgia, is home to the University of Georgia, and the police there are used to college town-type crimes: break-ins, bar fights and assorted rowdiness. That kind of thing. But the 911 call that came in on the night of …

The Indian startup ecosystem did not escape the fundraising woes that struck the rest of the world in the third quarter: Startups in the country raised 50% less than they did a year ago and raised less than they did in …

A year ago, Sam Bankman-Fried was revered as a titan of the industry and living large at a $40 million penthouse in the Bahamas, while he ran a crypto empire valued at $32 billion. On Tuesday morning in a Manhattan federal …

A few lines buried in the legal terms for the FedNow service, which is now live, create an important opportunity for digital wallet and payment app providers. While the new FedNow legal regime creates significant business opportunities for all players in …

Instacart shot up high this morning after the American grocery delivery giant priced its IPO at the top of its recently raised range yesterday. For startups dying of thirst in this desert devoid of capital, Instacart could not have offered up …

INDIANAPOLIS, Sept. 12, 2023 /PRNewswire-PRWeb/ — Inc. ranks FNEX No. 1289 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its …

Chip design firm Arm on Tuesday is looking to fetch as much as $4.87 billion in its upcoming blockbuster initial public offering on the New York Stock Exchange, according to a fresh filing. The deal could value the company at …