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Shield AI raises $240 million at a $5.3 billion valuation to commercialize its AI drone tech

Shield AI, the San Diego defense tech startup that builds drones and other AI-powered military systems, has raised a $240 million round at a...

Ahead of a possible $4 billion IPO, CoreWeave’s founders already pocketed $488 million

CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific cloud service from its network of...

CoreWeave partner EcoDataCenter racks up half a billion dollars to build more sustainable buildings for AI

EcoDataCenter, a Swedish company that builds eco-friendly data centers used by major compute providers to handle their AI traffic, has raised nearly half a...

Trump Still Considering Tariffs on Taiwanese Chips, Despite $100 Billion TSMC Deal

Secondly, tariffs can only make foreign companies start producing chips in the US if it becomes cheaper than doing it somewhere else. But higher...

FBI says North Korea ‘responsible’ for $1.4 billion Bybit heist

The FBI said the North Korean government is “responsible” for the hack at crypto exchange Bybit, which resulted in the theft of more than...

Researchers accuse North Korea of $1.4 billion Bybit crypto heist

On Friday, hackers stole around $1.4 billion in Ethereum cryptocurrency from crypto exchange Bybit, in what is the largest crypto heist of all time. After...

$1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever

As the so-called Department of Government Efficiency continues to rampage through the United States government by making sweeping cuts to the federal workforce, numerous...

Crypto exchange Bybit says it was hacked and lost around $1.4 billion

Crypto exchange Bybit announced on Friday that “a sophisticated attack” led to the theft of ethereum (ETH) from one of the company’s offline wallets. Bybit’s...
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