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Jeeves Inc., a stablecoin-focused banking platform for global enterprises, announced Tuesday it has raised $110 million in equity funding to launch a cryptocurrency wallet with payouts across 190 countries. The crypto-focused venture capital and investment firm CoinFund led the round.
Walapay Inc., a global payments infrastructure firm using stablecoins for account issuance and payouts, today announced it has raised $4.6 million in a seed round led by Generative Ventures to bring global payments to local businesses.
General Intuition Inc. today announced that it has raised $220 million in funding at a $6.2 billion valuation. The capital was provided by Valor Equity Partners, Atreides, Seven Seven Six, Point72, Khosla Ventures and General Catalyst.
Anthropic PBC’s revenue and losses grew significantly last year, while its cloud spending is on track to top $500 billion over the next decade. The newly published financial information comes from the company’s confidential S-1 filing.
Data connectivity and integration firm CData Software Inc. today introduced Connect AI Gateway, a platform designed to control how artificial intelligence agents choose models, use tools and access company data.
Oracle Corp. today is introducing an agentic software runtime that lets its Fusion applications carry out complex business tasks, from reconciling accounting entries to revising staffing plans when conditions change.
Advanced Micro Devices Inc. today announced plans to buy World Labs Inc. for $8.2 billion in stock. The move comes seven months after AMD backed a $1 billion funding round for the startup at a $5 billion valuation.
Nvidia Corp. today announced plans to spend an additional $150 billion on share buybacks through January 2028. The move represents the largest-ever expansion of a stock repurchase program. Furthermore, Nvidia plans to boost its current dividend of 25 cent per share.
Per-token pricing was the best thing to happen to enterprises looking to experiment with artificial intelligence, but it may be the worst thing for AI in production.
Meta Platforms Inc. is launching a new business unit that will provide artificial intelligence services to enterprises. The Meta Enterprise Platform, as it’s called, will be led by longtime technology executive CJ Desai.
Anthropic PBC today announced the launch of Claude Sonnet 5.5, the most capable mid-tier model in the company’s AI family, designed for everyday tasks and a clear upgrade over the previous generation, running over 30% faster at a lower cost.
Momentic Inc., the artificial intelligence-powered software testing and quality assurance platform, today announced the launch of Mo, an AI agent that lets developers test software without maintaining a collection of scripts.
Instinct, the developer of an artificial intelligence assistant for everyday users, today announced it has raised a colossal $1 billion in a new funding, bringing the company’s valuation to $10 billion. Sequoia Capital, Benchmark Capital and Coatue joined the Series C round.
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