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Cohere's valuation has surged to $6.8 billion following a $500 million funding round, driven by its focus on enterprise AI solutions and strategic partnerships with major tech firms.
Mesh, a crypto payments firm, has secured over $130 million in funding, with significant backing from PayPal Ventures and Coinbase Ventures, marking a milestone in crypto-powered transactions and stablecoin payments.
Bain Capital Ventures is preparing to sell a significant amount of COMP tokens, valued at $18.85 million, which could impact the Compound ecosystem and the broader crypto market.
Igor Babuschkin, a co-founder and engineering lead at Elon Musk's xAI, has left the company to launch a venture capital firm focused on AI safety research, signaling a shift in priorities within the AI industry.
Pantera Capital led a $20 million funding round for AI software startup Openmind, which focuses on open-source software for robotics, with participation from Coinbase Ventures and Digital Currency Group.
David Petrou's startup Continua has secured $8 million in seed funding to develop AI agents that integrate into group chats, aiming to revolutionize digital interactions by enabling proactive AI assistance in dynamic group environments.
Datumo, a Seoul-based AI company, has secured $15.5M in funding to advance AI safety and evaluation tools, addressing the growing need for trustworthy and explainable AI outputs.
Mill City Ventures has significantly increased its holdings of SUI tokens, reflecting a strategic investment in digital assets and leveraging staking for daily earnings.
World Liberty Financial, a crypto venture reportedly backed by the Trump family, is seeking to raise a $1.5 billion crypto investment fund to enhance liquidity and support digital assets amid evolving regulatory frameworks.
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