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Venture capital

Anthropic, Menlo Ventures launch $100 million Anthology Fund for AI

by Ev Richard
Anthropic, Menlo Ventures launch 0 million Anthology Fund for AI

Anthropic and one of its biggest investors are taking a page from Apple’s playbook. The artificial intelligence startup and Menlo Ventures are launching a $100 million fund on Wednesday to …

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Categories Technology

Andreessen Horowitz founders plan to donate to pro-Trump PACs

by Adrian Jhonsan
Andreessen Horowitz founders plan to donate to pro-Trump PACs

Venture capitalist Marc Andreessen speaks at the TechCrunch Disrupt conference in San Francisco, Calif. on Tuesday, Sept. 13, 2016. (Photo By Paul Chinn/The San Francisco Chronicle via Getty Images) San …

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Categories World

Self-proclaimed bitcoin inventor Craig Wright referred to prosecutors

by Adrian Jhonsan
Self-proclaimed bitcoin inventor Craig Wright referred to prosecutors

Craig Wright, self-declared inventor of Bitcoin, arrives at federal court in West Palm Beach, Florida, U.S., on Friday, June 28, 2019. Saul Martinez | Bloomberg | Getty Images LONDON — …

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Categories World

Banks get closer to releasing deposits of stranded customers

by Adrian Jhonsan
Banks get closer to releasing deposits of stranded customers

Oscar Wong | Moment | Getty Images There may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the past two months. …

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Categories World

Young, wealthy investors are turning to alternative investments

by Adrian Jhonsan
Young, wealthy investors are turning to alternative investments

pixelfit | E+ | Getty Images Young, wealthy investors don’t want their parents’ investments. If you’re between the ages of 21 and 43 and have at least $3 million in …

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Categories World

Tesla short sellers lost $3.5 billion in two days after Q2 deliveries

by Adesola Mojo
Tesla short sellers lost .5 billion in two days after Q2 deliveries

An electric vehicle of the model Y is pictured during the start of the production at Tesla’s “Gigafactory” on March 22, 2022 in Gruenheide, southeast of Berlin. – US electric …

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Categories Automobile

Revolut boss confident on UK bank license approval after record profit

by Ev Richard
Revolut boss confident on UK bank license approval after record profit

Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images LONDON — The boss of British financial technology giant Revolut told CNBC he …

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Categories Technology

Etched raises $120 million to build chip to take on Nvidia in AI

by Ev Richard
Etched raises 0 million to build chip to take on Nvidia in AI

Etched co-founders Robert Watchen, Gavin Uberti, and Chris Zhu Etched Nvidia has been the hottest story on Wall Street of late, increasing eightfold in value since the end of 2022 …

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Categories Technology

Synthesia now lets you make AI avatar presentations using a webcam

by Ev Richard
Synthesia now lets you make AI avatar presentations using a webcam

Synthesia launched an option to make AI-generated avatars by recording footage of yourself with a webcam or your phone. Synthesia Synthesia, a British artificial intelligence startup, on Monday showed off …

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Categories Technology

Nearly $109M in Yotta customer deposits vanish

by Adrian Jhonsan
Nearly 9M in Yotta customer deposits vanish

Tsingha25 | Istock | Getty Images Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app Yotta went missing weeks …

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Categories World
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