China is still an important market even if investors diversify from it now, says Peak XV

cnbc.com China will remain an important market for investors in the long term, even if other countries are now benefiting from investments flowing out of China amid escalating…

Networking infrastructure startup Alkira, which lets users virtualize hybrid cloud assets, raised a $100M Series C led by Tiger, for $176M in total funding

techcrunch.com As cloud adoption continues to surge towards the $1 trillion mark in annual spend, we’re seeing a wave of enterprise startups gaining traction with customers and investors…

Catch+Release Unveils Enhanced Workspace that Empowers Content Creators to Attract Licensing Opportunities From Brands

benzinga.com SAN FRANCISCO, May 14, 2024 (GLOBE NEWSWIRE) -- , the leading content licensing marketplace, announces the launch of its newly enhanced Creator Workspace to streamline the…

The SF Bay Area Has Become The Undisputed Leader In AI Tech And Funding Dollars

news.crunchbase.com There’s been much talk of a resurgent San Francisco with the new technology wave of artificial intelligence washing over the software world. Indeed, Crunchbase funding data…

How Venture Capitalists Are Using Podcasts to Lure in Founders

vanityfair.com Jason Calacanis is known for a few things. First, he is an early-stage venture capitalist who bet big on unicorns like Uber and Robinhood. Others may know him as a member of…

Inside two ‘PayPal Mafia’ members’ plans to turn PayPal’s meteoric rise and internal drama into a Hollywood movie

aol.com Silicon Valley sells in Hollywood. In the last decade, there’s been a whole roster of motion pictures or limited series about tech companies that have appeared on the big…

Elon Musk’s XAI Startup Nears $18 Billion Valuation In Funding Frenzy

coinpedia.org The post Elon Musk’s XAI Startup Nears $18 Billion Valuation In Funding Frenzy appeared first on Coinpedia Fintech News Elon Musk’s artificial intelligence venture, xAI, is…

Elon Musk’s xAI eyes $18 billion valuation with upcoming funding: Bloomberg

cryptobriefing.com Elon Musk’s artificial intelligence startup, X.AI Corp., is expected to finalize a funding round at a valuation of around $18 billion “as soon as this week,” Bloomberg…

Elon Musk's AI Firm X.AI Rockets Toward $18B Valuation: Report

benzinga.com Elon Musk's artificial intelligence startup X.AI Corp. is poised to conclude its funding round this week with a valuation of roughly $18 billion. According to a Bloomberg…

FTX customers are getting a rare good deal. Here’s why some are still angry

aol.com Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. People who had money in FTX at the…

Experts divided over training AI with more data from AI

theregister.com AI model collapse – the degradation of quality expected from machine learning models that recursively train on their own output – is not inevitable, at least according to 14…

Coingape: Bitcoin, Ethereum, Crypto News and Price Analysis

coingape.com In a seismic shift within the AI industry, Elon Musk’s AI venture, xAI Corp., is making headlines with its ambitious plans to secure a staggering $18 billion valuation as…

Failed crypto giant FTX has recovered billions more than it needs to pay back bankruptcy victims

nypost.com Fallen cryptocurrency exchange FTX has raked in billions of dollars more than it needs to fully pay back customers who lost funds in its November 2022 collapse. In a rare…

Times Outs Student Loan Startup Before Jamie Dimon Can Buy It

dealbreaker.com JPMorgan Chase has such a thirst for student-aid fintechs that it’s willing to throw eight figures around with a minimum of due diligence for them, as evidenced by its now…

2 Reasons to Buy Nu Holdings Stock Like There's no Tomorrow

finance.yahoo.com Investors could do far worse than following Warren Buffett's stock picks. He's famous for his long-term approach, investing in iconic businesses long before they became…

FTX has billions more than needed to pay bankruptcy victims

financialpost.com Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full…

Here’s where Wiz CEO Assaf Rappaport is looking for deals after raising $1 billion

aol.com In the 80s and 90s, there was an electronic store chain called The Wiz with a catchphrase so infectious that people used it interchangeably with the name. The commercials…

LayerZero CEO: Only a Fraction of Addresses Qualify for Airdrop

beincrypto.com LayerZero’s CEO, Bryan Pellegrino, shared new information amid the airdrop anticipation. In a Telegram group discussion, he revealed a surprising detail. Pellegrino’s…

Unstoppable Wiz: Cyber startup nets another $1 billion in funding as valuation jumps to $12B

calcalistech.com Cloud security decacorn Wiz announced on Tuesday that it has raised $1 billion at a $12 billion valuation, bringing the company’s total funding to $1.9 billion. The current…