Mistral, the European AI firm behind Le Chat chatbot, aims to raise $1 billion in equity and hundreds of millions in debt to expand its open-weight large language model capabilities.
Robinhood CEO Vlad Tenev defends tokenized stock offerings for private AI and space companies like OpenAI and SpaceX, arguing retail investors deserve exposure to disruptive assets despite tokens not technically representing equity.
WhatsApp Pay struggles to make inroads in India's $3 trillion fintech market despite boasting 500 million users, as regulators cap its user base for years, allowing rivals like Google Pay and PhonePe to dominate while WhatsApp treats payments as a side feature with minimal upgrades or marketing.
AI agents are revolutionizing industries, rapidly transitioning from experimentation to integration into operations like customer service, logistics, fraud prevention, and automating repetitive tasks across finance, retail, and healthcare.
Mark Cuban, a billionaire investor, predicts that the world's first trillionaire will emerge by leveraging artificial intelligence (AI) in a groundbreaking manner, harnessing its potential to generate unprecedented wealth and advises people to familiarize themselves with AI tools like ChatGPT to stay ahead.
OpenAI disavows Robinhood's tokenized shares offering, emphasizing no equity transfer was approved and urging caution as Robinhood launches tokenized shares of OpenAI and SpaceX for European users.
AI-powered accounting startup Campfire raises $35 million Series A led by Accel, leveraging AI capabilities like automatic reconciliation and cash flow analysis to win over startups from NetSuite, as founder John Glasgow draws on experience from Invoice2go acquisition.
Elon Musk's AI startup xAI secures $10 billion in funding, with $5 billion in debt and $5 billion in equity, fueling its ambitions to build AI infrastructure and develop the Grok chatbot, intensifying rivalry with OpenAI and Anthropic.
SoftBank CEO Masayoshi Son announces plans to invest $33.2 billion in OpenAI, predicting it will become the world's most valuable company and positioning SoftBank as the leading platform provider for artificial superintelligence within a decade.
Legal AI startup Harvey skyrockets to $5 billion valuation after securing $300 million in Series E funding, marking a 67% jump from its $3 billion valuation just four months ago as the company reaches $75 million in annualized revenue and plans aggressive expansion into tax accounting services.