Stream Finance’s xUSD stablecoin de-pegged, leading to a $93 million asset shortfall and exposing systemic vulnerabilities in decentralized finance. The event triggers legal action and renewed calls for stricter regulation.
The recent week saw a slight slowdown in large startup funding announcements in the U.S., primarily due to the Fourth of July holiday. However, one
Active Capital, a venture firm based in San Antonio, has successfully closed its third fund, raising $28 million to invest in early-stage enterprise AI and
Enterprise AI startup Glean has successfully raised $150 million in Series F funding, achieving a valuation of $7.2 billion. This funding round comes just nine
Anysphere, the company behind the AI coding assistant Cursor, has successfully raised $900 million in its latest funding round, achieving a remarkable valuation of $9.9
Andrew Ng, co-founder of Google Brain and Coursera, has established the AI Fund, a venture studio aimed at creating and investing in AI startups. Recently,
Startups had a successful week in fundraising, with two companies securing over $500 million each. Artificial intelligence continues to dominate the funding landscape, but other
Astronomer, the creator of the data orchestration platform Astro, has successfully secured $93 million in a Series D funding round led by Bain Capital Ventures.
In the latest funding news, the artificial intelligence sector continues to attract significant investment, with several companies securing large rounds this week. Notably, Safe Superintelligence
