DeepMind CEO ‘Surprised’ OpenAI Is Rushing ChatGPT Ads
Google DeepMind CEO Demis Hassabis expressed surprise at OpenAI's rapid move to launch advertisements in ChatGPT during an interview with...
Month: August 2026
Capital One Acquires Brex in Discounted Fintech Deal
Capital One is acquiring fintech startup Brex in a discounted transaction set to close in the second quarter, providing much-needed...
SEC Drops Lawsuit Against Winklevoss’ Gemini
The Securities and Exchange Commission (SEC) dismissed its lawsuit against the Winklevoss-founded Gemini crypto exchange in a federal court filing...
Stripe-Backed Duna Secures €30M to Fix Business ID Checks
Business identity verification startup Duna, founded by Stripe alumni Duco van Lanschot and David Schreiber, has secured a €30 million...
Y Combinator Launches Stablecoin Seed Funding
Startups accepted into Silicon Valley accelerator Y Combinator (YC) can now choose to receive their seed funding via stablecoins starting...
PayPal Replaces CEO Alex Chriss With HP’s Enrique Lores
On Tuesday, digital payments giant PayPal appointed HP chief Enrique Lores as its new president and CEO, replacing Alex Chriss...
India Offers Zero Taxes Until 2047 to Lure AI Giants
On Sunday, Indian Finance Minister Nirmala Sitharaman announced a budget proposal offering foreign cloud providers zero taxes through 2047 on...
Ethos Goes Public: How Profit Defeated Valuation Cuts
Digital insurance disruptor Ethos has officially debuted on the public stock market, achieving profitability and a $1.1 billion valuation despite...
Shadowfax IPO Stumbles: Client Risk Spooks Investors
On Wednesday, Bengaluru-based logistics provider Shadowfax saw its shares plunge 9% during its stock market debut in India after raising...