AI


Finance

Blockchain Firm Crossmint Used by Adidas, Red Bull Raises $23.6M in Funding

Ribbit Capital led the investment round with additional participation from Franklin Templeton, Nyca, First Round, and Lightspeed Faction.

Funding (Gerd Altmann/Pixabay)

Finance

Halliday Raises $20M for AI Protocol to Eliminate Writing Smart Contracts for DeFi

The Series A investment was led by venture capital giant a16z's crypto arm, following a $6 million seed round in 2022.

16:9 Halliday CEO Griffin Dunaif (Halliday)

Tech

Sam Altman's World Network and Razer Want to Defeat Gaming's Bot Problem

The teams are releasing “Razer ID verified by World ID,” which is a single sign-on mechanism that will verify real human gamers from bots.

Worldcoin co-founders Alex Blania and Sam Altman (Marc Olivier/Worldcoin)

Markets

AI's Lead Over Crypto for VC Dollars Increased in Q1'25, But Does This Race Really Matter?

Despite the crypto 'Trump bump' at the end of 2024, deal flow still favors Artificial Intelligence. But is there a new preference for AI over crypto?

(NikolayFrolochkin/Pixabay)

Finance

Nvidia-backed CoreWeave To Acquire AI Developer Platform Ahead of IPO

The deal is valued at $1.7 billion, The Information reported.

cloud servers (CoinDesk archives)

Markets

Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure

The bitcoin miner held over 10,000 bitcoin at the end of last year.

ASIC miner (Credit: Shutterstock)

Markets

Core Scientific Appoints Former Investment Banker as New CFO

Finance veteran to succeed Denise Sterling as CFO, shares are up 2% in pre-market trading.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Markets

Olas' Mech Marketplace Enables AI Agents to Hire Each Other for Help

Crypto and AI firm Olas is making it easier for AI agents to collaborate.

Robots, AI. Credit: Jehyun Sung, Unsplash

Finance

Bittensor App Gets Hack Risk Cover From Nexus Mutual-Backed Insurance Firm Native

Team Rizzo, which operates Bittensor subnets and validator services, has snagged $25 million in on-chain cover from Native, a digital asset insurance specialist.

Native leaders: In order from left to right, these are James Asaad (Chairman), Dan Ross (CTO) and Ben David (CEO). (Native)

Finance

Core Scientific Stock Surges After $1.2B Expansion of Data Center With CoreWeave

The expansion will significantly increase Core Scientific’s AI and cloud computing capacity and increase total projected revenue to $10.2 billion over 12-year contract terms.

(Getty Images)