Saudi Arabia Announces $14.9B AI Investment
In partnership with global tech leaders, the Kingdom of Saudi Arabia prepares the fertile ground for local AI development, dedicating almost $15 billion to advanced AI-powered projects.
Investing - page 5
Best Crowdfunding Platforms for Sustainable Projects
Although sustainability is at the top of the agenda for many global countries, initiatives promoting sustainable practices and technologies are not always favoured by institutional investors. Whether they lack clear statistical justification of the innovation utility or lack impact scale, reasons for the lack of funding might be different but the outcome is the same […]
SoftBank and OpenAI Unveil Japan Joint Venture
SoftBank Group chief executive officer Masayoshi Son on Monday, February 3, announced that he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to offer artificial intelligence services to corporate clients.
Grayscale Launches Dogecoin Trust
Grayscale Investments is launching the Grayscale Dogecoin Trust, boosting institutional adoption among the enhanced interest in memecoins.
Trump Media Plunges Into DeFi
Trump Media and Technology Group launches a fintech brand Truth.Fi aligned with the broader DeFi ecosystem through its planned investments in Bitcoin and other digital assets.
Humanity Protocol Secures Valuation of $1.1 Billion
Humanity Protocol has secured a fully diluted valuation of $1.1 billion after raising $20 million in a funding round co-led by Jump Crypto and Pantera Capital.
China’s DeepSeek AI Model Wreaks Havoc on Tech Stocks
The success of an open-source AI model, DeepSeek, created by a Chinese startup, caused significant declines in major tech stocks, including Nvidia, Microsoft, and Meta.
Hedge Fund Industry Reaches $4.5 Trillion
The assets under the management of the hedge fund industry reached $4.51 trillion last year.
Meta Plans to Spend as Much as $65 Billion on AI Efforts in 2025
Meta Platforms Inc. chief executive officer Mark Zuckerberg said on Friday, January 24, that in the current year, this technology giant intends to invest up to $65 billion in projects related to artificial intelligence.
Citi Says Asian Tech Fundraising to Increase in 2025
Citi predicts an increase in momentum in Asian fundraising for technology companies in the current year.
CoinList and AngelList to Help Fund Crypto Startups
CoinList and AngelList jointly introduce Crypto Special Purpose Vehicles (SPVs) and Crypto Roll-Up Vehicles (RUVs) to streamline fundraising and investment management for crypto startups.
Revolut Automates Investments in Singapore With Robo-Advisor
Revolut is making automated investing more affordable and accessible with the launch of its robo-advisor product in Singapore for investments as low as $100.
Donald Trump Announces $500 Billion AI Infrastructure Investment
OpenAI chief executive officer Sam Altman, SoftBank CEO Masayoshi Son, and Oracle chairman Larry Ellison arrived at the White House on Tuesday, January 21, along with the President of the United States Donald Trump, and executives from other technology companies, to announce large-scale private sector investments in artificial intelligence infrastructure in the US.
PayPal Leads $13M Funding Round for Insurtech Olé Life
Olé Life, supported by PayPal investments, focuses on redefining financial protection for families in Latin America by offering simple digital insurance products designed for long-term stability.
AI Video Platform Synthesia Doubles Valuation
Synthesia, a video platform that uses artificial intelligence to generate clips featuring multilingual human avatars, raised $180 million as part of an investment round valuing this startup at $2.1 billion.
AI Agent Market Cap Sees Tremendous Growth
The market capitalisation of cryptocurrencies traded by AI agents surged by 322% in the fourth quarter of 2024.
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