Wonderful Secures $550M Series C, Valuation Hits $5B
Wonderful has raised $550 million in a Series C funding round, achieving a $5 billion valuation, reflecting strong demand for AI solutions amid competition.
Wonderful has raised $550 million in a Series C funding round, achieving a $5 billion valuation, reflecting strong demand for AI solutions amid competition.
Treasury Secretary Scott Bessent criticizes US hyperscalers for not addressing community concerns over AI investments and rising living costs linked to data
Treasury Secretary Scott Bessent criticizes US hyperscalers for not addressing community concerns over AI investments and rising living costs linked to data
Societe Generale's EURCV stablecoin has gained $5.6 million, marking its position as the second-fastest-growing euro stablecoin in the market.
Capital B has raised €7.6 million from Adam Back to finance additional Bitcoin acquisitions, following a previous fundraising effort last month.
The US Treasury Secretary highlights the growing risk posed by China's advancements in AI, which could significantly impact global tech dynamics and markets.
Arbitrum Foundation reports 478 million transactions and a GDP of $206 million for H1 2026, showcasing its growing impact in blockchain and asset tokenization.
A coalition of 25 companies, including Nvidia and Microsoft, criticizes US efforts to restrict open-source AI, arguing it favors closed models.
DJ Deb of Francisco Partners discusses the potential for three to five AI companies to reach multitrillion-dollar valuations amid current market stress.
Chevron and Eni, alongside U.S. officials, reveal new energy agreements to enhance crude oil production in Venezuela, signaling a significant industry shift.
European stocks fell sharply as rising oil prices, bond yields, and geopolitical tensions heightened fears of interest rate hikes by central banks.
The Federal Reserve's Beige Book indicates a modest increase in US economic activity over the past two months, driven by demand from data centers.
US-Iran hostilities escalate, affecting energy markets. US Energy Secretary and Chevron CEO discuss strategies to boost oil production amid rising tensions.
The Federal Reserve's Beige Book indicates a modest increase in US economic activity over the past two months, driven by demand from data centers.
Solana's Transaction V1 is now live on testnet, tripling the maximum transaction size, which may enhance scalability and developer efficiency.
Kristina Hooper outlines potential for a 10-20% market pullback due to rising yields and tech vulnerabilities, advising retail investors on strategies.
Strategy Inc. CEO Phong Le affirms the company's commitment to holding Bitcoin during the current bull market, reflecting strong institutional confidence.
Tempo's recent milestone of over $1 billion in stablecoin transfers underscores the growing enterprise adoption of blockchain technology for global
ElevenLabs has shifted focus to enterprise clients, generating more revenue from businesses than consumers, which stabilizes its financial outlook.
Bitcoin's price fell to around $76,400 amid weakening risk assets and negative demand indicators, highlighting a fragile market environment.