Maria Deutscher

Coinbase Global Inc. is in talks to buy cryptocurrency derivatives startup Deribit, Bloomberg reported today. It’s believed the deal could mark one of the crypto industry’s largest-ever acquisitions if it goes through. Rumors that Deribit may be sold first emerged […]

Lyft Inc. today announced plans to make autonomous taxis available to users of its ride-hailing app in Atlanta.  According to NBC News, the vehicles will start taking passengers in the summer. Lyft plans to follow up the launch by extending

The U.S. Federal Communications Commission today opened a probe into more than a half-dozen Chinese electronics suppliers and internet providers.  The companies in question were previously ordered either to scale back or to shut down their U.S. operations. According to the

Carbon Arc Inc., a startup that provides data for artificial intelligence models, has raised $56 million in funding to finance growth initiatives. The company announced the investment today. Liberty City Ventures led the round with participation from K5 Global, Raptor

Elon Musk’s xAI Corp. has acquired Hotshot, a startup that develops artificial intelligence models optimized for video generation tasks. Hotshot Chief Executive Officer Aakash Sastry announced the deal today in a post on X. The financial terms were not detailed. The

Cisco Systems Inc. is upgrading Webex with new artificial intelligence features designed to make customer service teams more productive. The company debuted the update today at the Enterprise Connect communications conference. Some of the enhancements will roll out this month,

Business intelligence provider Omni Analytics Inc. today disclosed that it has closed a $69 million funding round led by ICONIQ Growth. Snowflake Ventures and Alphabet Inc.’s GV fund participated as well along with several other institutional investors. The Series B

Binance has held discussions about selling a stake in its U.S. arm to members of the Trump family, the Wall Street Journal reported today. It’s believed the company has also considered seeking a pardon for its co-founder Changpeng Zhao. In

Klarna Group plc, a major player in the so-called buy now, pay later market, today filed paperwork for an initial public offering. Sources told Bloomberg that the Stockholm-based company is seeking to raise at least $1 billion. It’s believed Klarna

Google LLC has submitted a set of suggestions for how the U.S. government can support the domestic artificial intelligence ecosystem. The search giant outlined its recommendations in a 12-page paper published on Thursday. The same day, OpenAI submitted a similar