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A new artificial intelligence (AI) startup and rival to ChatGPT creator, OpenAI, raised $113 million in seed funding, bringing its valuation to $260 million just two months after its launch.Former AI researchers — previously working for Google DeepMind and Meta — co-founded Mistral AI in May 2023 to develop open-source
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The lawsuit, filed by former congressional staffer Joe Kent in the U.S. District Court for the Eastern District of New York in October 2021, alleged the DeFi platform violated New York state’s gambling laws by “allowing people to evade financial regulations and scam consumers,” according to the original complaint. Kent,
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Apple hasn’t cleared the purpose behind its acquisition of AR startup Mira. The headsets developed by Mira have been built for industrial applications. A day after tech giant Apple announced its much-awaited mixed reality headset Apple Vision Pro, it confirmed the acquisition of Los Angeles-based AR startup Mira. The Verge
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Just a day after launching a new virtual reality (VR) product line, Apple Vision Pro, the tech giant confirmed the acquisition of Mira, an augmented reality (AR) startup that provides hands-free, smartphone-powered headsets.On June 7, The Verge reported Apple’s latest acquisition was revealed through a private Instagram post shared by
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At the time of its bankruptcy last November, FTX may have owned as much as $500 million worth of stock in Anthropic, the creator of ChatGPT rival chatbot Claude, which was valued at $4.6 billion, having raised $750 million in recent months, according to the report. Source
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Transak said that the funds raised will go towards global expansion by building onboard solutions, financial applications, as well as Web3 games. Web3 crypto startups have been recently on the radar of investors and have been raising funds even in the current macro scenario. On Tuesday, May 30, Web3 payments
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Reputed for being a frontrunner when it comes to AI research and technology, OpenAI has been invested in helping AI-focused startups. American artificial intelligence (AI) company OpenAI may have just closed an investment fund. According to a Securities and Exchange Commission (SEC) filing, the firm raised over $175 million. Reputed for being
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The tech startup sector has recently faced challenges due to rising interest rates, which have put pressure on valuations, especially for late-stage companies. Europe’s startup ecosystem has matured significantly, and despite challenges faced by the tech industry, the region is witnessing a rise in startup mafias. According to new reports from the
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The raise was led by investment firm 1kx and included contributions from Maven11, Lattice Fund, CMT Digital, Daedalus Angels. Original Source
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Due to the recent failures and flaws of the traditional banking system, Bitcoin’s potential to foster a more secure global economy may have come to light in a new way. River, a Bitcoin technology and financial services startup, has completed a $35 million Series B funding round. This follows after its
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