Brazilian fintech company QI Tech secures $200m in largest Brazilian deal of 2023
The startup’s Series B funding round was led by New York-based
Author: The AI Current
Bank of Canada’s 50-basis-point cut not a guarantee based on jobs numbers
US unemployment rate drops to 3.5% in August, sparking concerns that Federal Reserve may not need to make deeper interest rate cuts.
The unexpected
Andreessen Horowitz donates $23 million to crypto super PAC Fair Shake for the 2026 elections.
FairShake claims a $78 million war chest for midterm elections fundraising efforts underway.
Will 2024 Potentially Mark a Comeback for Startups After a Challenging Period
Startups experienced unprecedented optimism in 2021 and early 2022, with abundant capital and low costs, making it an ideal time for entrepreneurs.
Wearables in 2024 to Emphasize Smart Rings
Smart Rings Experience Resurgence in 2023
The question remains if this trend will sustain itself into the future.
Will smart ring popularity continue to
Bitcoin Price Breakout Lacks Gold and Stocks Amid $90K Hopes for Black Swan Event
Bitcoin bulls set new all-time high prices for BTC, but still fall short of record-breaking values seen in 2021.
Security Flaws in Internet-Connected Hot Tubs Exposed Owners’ Personal Data
Security researcher uncovers critical flaws in Jacuzzi’s SmartTub interface, granting unauthorized access to personal data of all hot tub owners.
Bitcoin’s Price Powers Towards $50,000 Following Mainstream Adoption by Tesla
The price of Bitcoin five years ago was in the hundreds of dollars. At its inception, the value of this digital currency was relatively low, hovering
India’s Swiggy Defies Weak Market With Largest 2024 Tech IPO Globally
Swiggy shares close 10.67% higher at $5.4 on debut day from their issue price, making it India’s second-biggest IPO this year. The closely watched
AssemblyAI Lands $50 Million to Develop and Deploy AI Speech Models
Companies bet big on generative AI for competitive edge but adoption challenges persist. Generative AI’s rapid progress and influx of vendors with
Bitcoin Whales Bolstered Holdings Amid Market Turmoil, Yet ETF Investors Remained Cautious
Despite a net outflow of funds on Monday, the spot ETF market showed some encouraging signs, according to Eric Balchunas, a Bloomberg ETF analyst who
Indonesian Venture Capital Firm Alpha JWC Closes Its Largest Fund Yet With a Record-Breaking $433 Million Third Round of Funding
Southeast Asia’s largest VC fund for early-stage startups, Alpha JWC, announces closure of its third fund at $433 million. This is a significant