Ripple has secured $500 million in funding led by Fortress and Citadel Securities, valuing the company at $40 billion. The capital will fuel expansion into custody, stablecoins, and prime brokerage services as traditional finance embraces crypto infrastructure.
Digital assets company Ripple has secured $500 million in funding, pushing its valuation to $40 billion. The raise comes as crypto firms position themselves for a more favorable regulatory environment under the Trump administration and new stablecoin legislation.
Two Silicon Valley veterans are building billion-dollar fortunes by replacing traditional customer service with AI agents. Their startup Sierra is on track to exceed $100 million in annual revenue while taking on the industry’s toughest problems.
Armilar Venture Partners has closed the first €120 million of its new Fund IV, focusing on Series A rounds for DeepTech companies across Spain and Portugal. The Lisbon-based firm aims to build a portfolio of around 20 startups, backed by institutional investors including SETT and the European Invest
Armis has secured a massive $435 million funding round, valuing the cybersecurity startup at $6.1 billion. The company is now targeting an initial public offering for the end of 2026 or early 2027.
Major private equity players are expressing renewed optimism about China’s economic prospects. They’re betting on Beijing’s tech-focused five-year plan and rapid AI adoption to fuel growth. This marks a significant shift after years of declining investment activity.
Zest AI has secured a new strategic investment to expand its AI-powered lending solutions. The funding will accelerate its LuLu platform and automation initiatives. Backers include Citi Ventures and several major credit unions.
Elon Musk and Sam Altman’s latest public quarrel reflects a strategic shift in CEO behavior. Studies show aggressive leadership can be admired in cutthroat environments. But this high-risk approach doesn’t work for everyone.
Food delivery giants DoorDash and Instacart are launching emergency assistance programs for SNAP recipients affected by the government shutdown. DoorDash will waive delivery fees for 300,000 grocery orders while Instacart offers 50% discounts up to $50. Both companies are also ramping up food bank s
Anthropic reportedly expects to generate $70 billion in revenue and $17 billion in cash flow by 2028. The projections signal a dramatic shift in the AI landscape as enterprise adoption accelerates.
