Finance

Authorities Close Crypto-focused Signature Bank to Protect Depositors

  Insights Desk   Mar 14, 2023

Highlights: The largest bank serving the cryptocurrency sector after Silvergate, which last week announced its impending liquidation, is Signature. According to the article, Signature, unlike ...

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Power Finance is The First Acquisition Made by Marqeta in a USD 275M All-Cash Agreement

  Insights Desk   Jan 31, 2023

Highlights: New York-based Power Finance, which was founded in 2020, has created a platform that enables businesses to create incentive programs for the branded payment cards they give their clie...

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Nvidia and Deutsche Bank collaborate to deliver AI-powered Financial Services

  Insights Desk   Dec 08, 2022

Highlights – Both the companies - Nvidia Corp. and Deutsche Bank AG are planning to accelerate the adoption of ML and AI in different financial areas, still the most promising one seems to be ...

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TSMC Plans A USD 40B Investment in Arizona with A Second Semiconductor Chip Plant

  Insights Desk   Dec 07, 2022

Highlights: TSMC's first fabrication plant was supposed to be in Arizona, where it planned to produce central processing units utilizing its five-nanometer chip manufacturing technique. TSMC p...

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Runway’s Series C Funding Brings the Start-up’s Value to USD 500 M

  Insights Desk   Dec 07, 2022

Highlights: The users can train their own AI models on a set of images, making it easier for the users to employ AI to swiftly provide images that match the expectations from the text prompts, mo...

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The Cybersecurity Start-up Balance Theory Has Raised USD 3M In Funding

  Insights Desk   Dec 06, 2022

Highlights: Cybersecurity teams often use technical information about their companies' systems to prevent breaches as part of their daily work. The Balance Theory platform is intended to make ...

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Carv Raises USD 4M to Develop Web3 Decentralized Identity for Gaming

  Insights Desk   Nov 23, 2022

Highlights: Carv has employed blockchain-based technology to let users store and transport their usernames and data between applications. Unstoppable Domains that raised USD 65 million on a US...

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Crypto Markets Fall as FTX Hacker Starts Moving Stolen Coins

  Insights Desk   Nov 22, 2022

Highlights: Researchers discovered USD 515 million worth of unusual cryptocurrency outflows from FTX accounts during the attack on Friday before the exchange acknowledged a breach. After what ...

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Chiplet Connection Start-Up Eliyan Secures USD 40M in Funding

  Insights Desk   Nov 09, 2022

Highlight: T Eliyan designed NuLink to be compatible with an emerging chip industry standard known as UCIe. According to the startup, NuLink is much faster and uses less power than other techn...

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Altana Nabs USD 100M For Its AI-Powered Supply Chain Platform

  Insights Desk   Oct 07, 2022

Highlight: The startup says the platform is powered by an AI model that works with billions of data points. It believes that its platform makes it possible for companies to make sure that the...

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