Your Trusted Source for Global and Local News About Economy
Runway, best known for its video-generating models, raises $300M Runway, a startup developing a range of generative AI models for media production, including video-generating models, has raised $300 million in…
The Nintendo Switch 2, hands-on: It’s pretty good! At a presentation unveiling the Nintendo Switch 2, longtime Nintendo producer Kouichi Kawamoto revealed that at one point, he considered calling the…
A web3 startup aims to change the game in the tariff wars With President Donald Trump’s latest round of tariffs coming out today — a day he is calling “Liberation…
Fuse raises $6.6M to fix a payment problem for companies expanding to MENA Expanding into the Middle East and North Africa (MENA) remains a costly and complex challenge for global…
Truecaller now has over 450M monthly active users Caller ID app Truecaller said on Thursday that it crossed the 450 million user mark earlier this week. The company said that…
Fintech Plaid raises $575M at a $6.1B valuation, says it will not go public in 2025 Plaid, which connects bank accounts to financial applications, has sold about $575 million worth…
Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa Djamo is one of several digital banking startups targeting Africa’s underbanked. But unlike many that focus on large…
Space solar startup Aetherflux raises $50M to launch first space demo in 2026 Aetherflux, the space solar startup founded by billionaire co-founder of Robinhood Baiju Bhatt, has raised a $50…
Stablecoin issuer Circle takes another stab at a public listing Circle, the issuer of USDC, a stablecoin pegged to the U.S. dollar, filed to go public on Tuesday. The company,…
OpenAI’s o3 model might be costlier to run than originally estimated When OpenAI unveiled its o3 “reasoning” AI model in December, the company partnered with the creators of ARC-AGI, a…