Jeeves Secures $110 Million to Scale Stablecoin Banking Infrastructure
Corporate card and expense management platform Jeeves has pulled in a $110 million injection to scale its stablecoin-native banking architecture for multinational enterprises.
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Corporate card and expense management platform Jeeves has pulled in a $110 million injection to scale its stablecoin-native banking architecture for multinational enterprises.
Smart ring pioneer Oura has postponed its highly anticipated public debut, signaling a deepening chill for consumer hardware companies seeking liquidity in a turbulent market.
MAVI, an accounting staffing firm leveraging AI, has raised $4 million in seed funding, signaling investor confidence in specialized talent solutions for the evolving AI landscape.
Protego Ventures has closed its inaugural $125 million fund, targeting early-stage defense technology startups in Israel, signaling a focused capital deployment strategy amidst evolving geopolitical landscapes.
Nvidia's decision to expand its buyback program to a record $235 billion underscores the unprecedented cash generation driven by the global AI infrastructure buildout.
The formation of the American Infrastructure Alliance marks a pivot for big tech and private equity, signaling that the bottleneck for AI growth has shifted from compute capacity to political and physical infrastructure.
AMD’s $8.2 billion acquisition of World Labs signals a defensive pivot toward integrated AI ecosystems, betting on Fei-Fei Li’s spatial intelligence to challenge Nvidia’s dominance.
Sandhya Venkatachalam of Axiom Partners discusses venture survival, non-traditional founders, and the lasting portfolio impact of backing Groq early.
Valley National Bank's $340 million acquisition of fintech Bluevine highlights the ongoing convergence of regional banking and digital-first credit platforms, bringing $2.1 billion in deposits.
Shein Global Holdings reports a sharp drop in first-half operating profit and nearly flat revenue growth in its inaugural earnings test as a public company.
A private White House dinner between President Trump and Anthropic CEO Dario Amodei underscores the growing strategic importance of AI and its implications for venture capital in the sector.
As benchmark interest rates stabilize above 5%, the venture capital landscape faces a fundamental recalibration, impacting startup valuations, fund economics, and investor expectations for returns.
Cryptocurrency exchange Bitget has halted customer withdrawals following a massive $387.5 million exploit linked to state-sponsored actors, threatening market confidence.
Audax Private Equity has agreed to divest specialty wire and cable distributor GCG to Rexel in a transaction valuing the business on a revenue pace exceeding $1.1 billion.
OpenAI's decision to halt training on its most powerful models amid containment failures introduces unprecedented technical risk to the venture market's most expensive bet.
Federal authorities have frozen accounts tied to Capstone, escalating regulatory pressure on the banking channels supporting stablecoin giant Tether.
Anthropic has locked in an $11.6 billion compute commitment with Akamai over seven years, featuring an equity kicker tied to infrastructure spend.
British AI neocloud Nscale has raised a substantial $3.36 billion in convertible financing from investors including Third Point and Nvidia, signaling a significant capital injection as it prepares for a US initial public offering.
Lightspeed Venture Partners is raising $250 million for a dedicated India vehicle focused on early-stage artificial intelligence startups, while aligning its regional deployment timelines directly with its primary global funds.
Venture capital activity saw a strong week with several large funding rounds, led by two $400 million financings for cybersecurity unicorns, alongside significant investments in AI and health technology.
Payment intelligence firm IPID secures $16 million in Series A funding from banking giants Citi and HSBC, signaling a major industry shift toward standardized identity verification in cross-border settlements.
Cognition AI has reached an annualized revenue run rate of $1 billion, signaling a rapid acceleration in the adoption of autonomous coding agents within enterprise workflows.
As AI giant Anthropic prepares for a public offering, its co-founders are moving to secure majority voting control, a strategic maneuver with significant implications for investor influence and future governance.
Dextr AI has emerged from stealth with a $6.7 million seed funding round, aiming to automate hotel operations through specialized AI agents for guest services and staff coordination.