OpenAI Startup Fund Secures Additional $5 Million in Latest Funding Round

The OpenAI Startup Fund has successfully raised an additional $5 million.


Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser

Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent...

Former Cruise CEO Kyle Vogt Returns to Robotics Realm, Raises $150 Million for Household Robot Company

Kyle Vogt, the former founder and CEO of self-driving vehicle firm Cruise, has launched a new venture-backed robots business focusing on home tasks...

China Is Offering Long-Term Bonds Worth $140 Billion to Stimulate Economy

China  to issue 1 trillion Chinese Yuan in long-term bonds starting this week to boost the economy...


Latest News

NYC Small Businesses in Flood Zones Can Receive Grants Up to $5k Through New Program
The Business Preparedness and Resiliency Program (BPREP) provides eligible businesses with grants of up to $5,000 to bolster their infrastructure against natural disasters.
Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
SingularityNET, Fetch.ai, and Ocean Protocol join to form the Artificial Superintelligence Alliance, merging $FET, $OCEAN, and $AGIX tokens to create a decentralized AI network worth $7.6 billion.
Novo Nordisk's $1,000 Ozempic Diabetes Drug Can Be Made for Less Than $5 Monthly
A recent study suggests that Novo Nordisk's diabetes drug, Ozempic, priced at nearly $1,000 in the US, could be produced for less than $5 a month.
Selected Student Loan Borrowers to Receive Refunds Aside From Loan Forgiveness: Who's Eligible?
To correct the injustice of those who were paying debt for longer than needed, student loan borrowers who made payments beyond their eligibility for cancellation are now entitled to refunds.
China Pressing Banks to Expedite Loan Approvals to Cash-Strapped Private Property Developers
Chinese authorities are pressuring banks to approve new loans to private property developers faster to boost purchaser sentiment and lower lenders' asset quality.
Redditors Became Instant Millionaires As Company's Stock Soars 48% During Stock Exchange Debut
Reddit Inc. made a remarkable debut on the NYSE, surging 48%. Tens of thousands of Reddit users participated in the IPO through a directed-share program, resulting in immediate profits for some while
Medicare to Cover Weight Loss Drug Wegovy for Heart Disease Patients
Medicare coverage for Wegovy will not extend to members intending to use the obesity drug solely for weight loss purposes.
Biden Administration Supercharges Intel's Semiconductor Chip Output with $20 Billion Grant
The Biden administration's $20 billion grant to Intel aims to strengthen the semiconductor chip output in the U.S. and reduce dependency on foreign chip production, particularly from China and Taiwan.
Decoding CHIPS Act: How Arizona Stands to Benefit from Legislation
An Arizona State University-led consortium with over 70 partners received $40 million from the US Department of Defense under the CHIPS Act.
Polyhedra Network Rockets to $1 Billion Valuation with $20M Strategic Funding Round, Backed by Major Crypto Players
Polyhedra Network secured $20M in funding, led by Polychain Capital and Animoca Brands, for a valuation of $1B. Innovative zero-knowledge proofs drive its global expansion in Web 3 infrastructure.
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