Artificial intelligence (AI) lab Hark has been valued at $6 billion following a $700 million funding round. The company says its Series A, announced Thursday (May 21), will help it with its effort of pairing Hark’s foundation models with hardware “to create a universal interface...
The final frontier of space has had relatively few flags planted to claim it. SpaceX’s newly released registration statement signals that’s about to change. Beneath the expected references to launch cadence, satellite deployment and Elon Musk’s personal ambitions around colonizing Mars, the 200,000-word initial public...
Blockchain.com is the latest in a series of crypto companies going public. The company announced Thursday (May 21) that it had confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). “The number of shares...
Banking FinTech Mercury announced it raised $200 million in a funding round that valued the company at $5.2 billion. The company’s Series D round comes as Mercury is making a push into the traditional banking sector, while also preparing a product that lets users complete financial work...
With 900 million weekly users, $25 billion in annualized revenue and a $14 billion projected loss, OpenAI is preparing to ask the public to buy in. The Wall Street Journal reported the company is working with Goldman Sachs and Morgan Stanley on a draft IPO prospectus....
Zerohash is reportedly planning a new funding round following an abandoned investment from Mastercard. That’s according to a report Wednesday (May 20) by CoinDesk which said—per a source with knowledge of the matter—that Mastercard jettisoned plans to invest in digital assets infrastructure provider ZeroHash after...
Healthcare artificial intelligence (AI) company Commure announced Tuesday (May 19) that it has raised $70 million in new financing, achieving a post-money valuation of $7 billion. The Mountain View, California-based company said in a press release that the funding round was led by General Catalyst,...
Radar, an inventory management startup backed by American Eagle Outfitters CEO Jay Schottenstein, has reached a valuation of more than $1 billion following its latest funding round, CNBC reported on Tuesday (May 19). The company raised $170 million in Series B financing co-led by Gideon...
Perpetuals.com Ltd. has launched an artificial intelligence (AI)-powered trading platform that allows users to submit trading strategies without risking their own money. This marks a new attempt to combine crowdsourced investing with algorithmic execution, Bloomberg reported Tuesday (May 19). The platform, called UpsideOnly, lets users...