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DWF Labs Doubles Down on Conflux with $28 Million Invested

Hong Kong, China, June 28th, 2023, Chainwire DWF Labs, the global digital asset market maker, and multi-stage Web3 investment firm, has further strengthened its commitment to support the growth of Conflux, the tree-graph consensus algorithm Layer-1 blockchain. Conflux has been

Hong Kong, China, June 28th, 2023, Chainwire DWF Labs, the global digital asset market maker, and multi-stage Web3 investment firm, has further strengthened its commitment to support the growth of Conflux, the tree-graph consensus algorithm Layer-1 blockchain. Conflux has been […]

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AI startup HyperCycle launches HyperPG in partnership with Penguin Group to enable Paraguay to utilize its hydropower infrastructure for AI computation

Since the launch of OpenAI ChatGPT in November, there has been a remarkable surge in interest surrounding artificial intelligence. Businesses across various sectors are now actively seeking ways to incorporate generative AI into their systems. However, this heightened demand underscores the

Since the launch of OpenAI ChatGPT in November, there has been a remarkable surge in interest surrounding artificial intelligence. Businesses across various sectors are now actively seeking ways to incorporate generative AI into their systems. However, this heightened demand underscores the […]

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EV tech startup Faraday Future raises $90M in funding for the production launch of its FF91 electric SUV

The ongoing global economic downturn has led to a funding drought, forcing tech startups to lay off some of their employees and freeze hiring while also making it difficult for them to raise new funding. One of the startups feeling

The ongoing global economic downturn has led to a funding drought, forcing tech startups to lay off some of their employees and freeze hiring while also making it difficult for them to raise new funding. One of the startups feeling […]

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Realtime Robotics raises $9.5M in additional funding for its collision-free autonomous motion planning for industrial robots

While the spotlight remains on generative AI, the funding landscape for automation and robotics startups is also thriving. Investors continue to pour billions into the space as companies like BMW leverage solutions from some of these startups to enhance speed

While the spotlight remains on generative AI, the funding landscape for automation and robotics startups is also thriving. Investors continue to pour billions into the space as companies like BMW leverage solutions from some of these startups to enhance speed […]

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Databricks scoops up OpenAI competitor MosaicML for $1.3 billion

Investors continue to pour billions into generative artificial intelligence (AI) as demand for AI applications shows no sign of slowing down. This unrelenting flow of funds also manifests in the increased merger and acquisition activity. The latest is San Francisco-based Databricks.

Investors continue to pour billions into generative artificial intelligence (AI) as demand for AI applications shows no sign of slowing down. This unrelenting flow of funds also manifests in the increased merger and acquisition activity. The latest is San Francisco-based Databricks. […]

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OKX Liquid Marketplace Launches ‘Nitro Spreads’ Enabling One-Click Basis Trading for Institutional Clients

Dubai, UAE, June 27th, 2023, Chainwire OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today launched its new ‘Nitro Spreads’ feature on its institutional Liquid Marketplace, an OTC, futures spreads and options liquidity network,

Dubai, UAE, June 27th, 2023, Chainwire OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today launched its new ‘Nitro Spreads’ feature on its institutional Liquid Marketplace, an OTC, futures spreads and options liquidity network, […]

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German climate startup 1KOMMA5°raises €430 million in funding to create ‘virtual power plant’ for your home

The impact of climate change is undeniable, encompassing the entire globe and reaching an unprecedented scale. Extensive research reveals that about 75% of global greenhouse gas emissions, the main contributor to climate change, stem from the combustion of fossil fuels.

The impact of climate change is undeniable, encompassing the entire globe and reaching an unprecedented scale. Extensive research reveals that about 75% of global greenhouse gas emissions, the main contributor to climate change, stem from the combustion of fossil fuels. […]

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Apollo Global leads a $2 billion private funding for chipmaker Wolfspeed

Chipmaker Wolfspeed announced on Monday it has raised a total of $2 billion in private funding from a group of lenders led by private-equity firm Apollo Global. The debt financing, which includes a $1.25 billion secured note with an accordion

Chipmaker Wolfspeed announced on Monday it has raised a total of $2 billion in private funding from a group of lenders led by private-equity firm Apollo Global. The debt financing, which includes a $1.25 billion secured note with an accordion […]

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Amazon to invest $100 million in generative AI center as demand for AI applications soars

The AI boom sparked by the sudden success of OpenAI ChatGPT continues to gain momentum without any signs of slowing down. Since the launch of ChatGpt in November of last year, investors have billions of dollars into generative artificial intelligence

The AI boom sparked by the sudden success of OpenAI ChatGPT continues to gain momentum without any signs of slowing down. Since the launch of ChatGpt in November of last year, investors have billions of dollars into generative artificial intelligence […]

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IBM to acquire Apptio for $4.6 billion to bolster its cloud and automation capabilities

IBM announced on Monday it will acquire technology spend-management platform Apptio from Vista Equity Partners in a deal valued at $4.6 billion, The acquisition will strengthen IBM’s IT automation and cloud capabilities while providing enterprises with the means to maximize

IBM announced on Monday it will acquire technology spend-management platform Apptio from Vista Equity Partners in a deal valued at $4.6 billion, The acquisition will strengthen IBM’s IT automation and cloud capabilities while providing enterprises with the means to maximize […]

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