Venice AI Secures $65M Series A, Reaches $1B Valuation Amid Rising AI Privacy Concerns
Venice AI raised $65 million in Series A funding at a $1 billion valuation, aiming to expand privacy-focused AI services as user data security gains prominence.
Corporate Power
Latest in Corporate Power
Corporate Power
Corporate Power
American Bitcoin Announces 1-for-15 Reverse Stock Split to Meet Nasdaq Rules
American Bitcoin will consolidate every 15 shares into one to raise its stock price and stay compliant with Nasdaq’s minimum bid price requirement.
Corporate Power
Trump Addresses Criticism Over Reported Billion-Dollar Crypto Earnings
Former President Trump responded to recent allegations that he profited significantly from cryptocurrency ventures while in office, saying such gains are widespread.
Corporate Power
AI Shopping Assistants Lead Retailers’ Digital Investment Priorities
Retailers now prioritize AI shopping assistants over traditional digital tools, shifting budgets toward AI-driven features amid evolving consumer behaviors.
Corporate Power
Together AI Secures $800 Million, Valuation Surges to $8.3 Billion
Together AI raised $800 million in Series C funding, boosting its valuation to $8.3 billion as demand for open-source AI hosting and inference services grows rapidly.
Corporate Power
Getty Images Cancels $3.7 Billion Merger with Shutterstock Following UK Regulatory Block
The proposed $3.7 billion merger between Getty Images and Shutterstock collapsed after UK regulators insisted Shutterstock divest its editorial business, which Getty’s board rejected.
Corporate Power
Major Egg Producers to Pay $3.3 Million for Price-Fixing Amid Supply Shortages
Three leading U.S. egg producers agreed to a $3.3 million settlement over collusion that inflated egg prices during ongoing shortages, with millions of eggs donated to food banks.
Corporate Power
Bank Respublika Secures $20 Million Loan from OPEC Fund to Boost Azerbaijani SMEs
Bank Respublika has finalized a $20 million loan agreement with the OPEC Fund to expand financing for Azerbaijan’s micro, small, and medium enterprises over four years.
Corporate Power
IO Interactive Faces Layoffs After Xbox Ends Partnership on Project Fantasy
IO Interactive announces layoffs linked to the end of its partnership with Xbox on Project Fantasy, though the game remains under active development.
Corporate Power
Empery Digital shifts focus from Bitcoin to $65 million AI data center investment
Former Bitcoin treasury Empery Digital plans a $65 million stake in a Midwest AI data center as it moves away from its struggling crypto strategy.
Corporate Power
IO Interactive Faces Layoffs Following Split with External Partner on Project Fantasy
IO Interactive announces upcoming layoffs after ending ties with an external partner on Project Fantasy, confirming adjustments but maintaining commitment to the game's future.
Corporate Power
Tech Stocks Retreat as AI Hype Faces Earnings and Fed Uncertainty
Semiconductor selloff drives Nasdaq and S&P 500 to weekly lows amid investor caution over upcoming earnings reports and Federal Reserve policies.