Phantom, a Solana-focused cryptocurrency wallet with over 15 million monthly users, has reached a $ 3 billion valuation after raising $ 150 million in its Series C funding round. The round was co-led by Sequoia Capital and Paradigm, with the participation of A16crypto and Variant. Phantom aims to get mainstream with this fund …
World Liberty Financial Adds 100K Investors to Whitelist, Eyes $1.5B Valuation Post-Raise
On Monday, the team behind the decentralized finance (defi) project World Liberty Financial (WLF), backed by the Trump family, announced that over 100,000 accredited U.S. investors have been added to the whitelist. During the X Spaces event, WLF founders Zachary Folkman and Chase Herro shared that the project was inspired by “the vision of Donald […]
AI Powerhouse Openai Raises $6.6B Achieving a $157B Valuation
AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $ 6.6 billion raised would be used to expand its set of tools and raise its computing capacity, which needs to increase significantly to train new AI models. AI Company …
AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation
Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $ 6.5 billion from investors, reaching a valuation of $ 150 billion. According to Bloomberg, the funds would be used to support the need for computing power and other expenses, as stated in a memo sent …
AI Coding Tool Cursor Raises $60 Million at a $400 Million Valuation
Cursor, an artificial intelligence (AI) company that seeks to “create a magical tool with the aim of writing all of the world’s software,” has announced it has raised $ 60 million in its Series A funding round. The round had the participation of Andreessen Horowitz, Thrive Capital, Openai, and many others, and gave the …