Over the last week, GOTO stock lost about 20% in price, from 83 rupiahs per share on Monday to an all-time low of 67 rupiahs on Friday, with its market cap dropping to 80.5 trillion rupiahs from 101 trillion rupiahs.
With crucial funding secured, Parsec Finance also launched its cutting-edge institutional-focused product that aims to help provide unparalleled data to easily discover DeFi opportunities.
The proposal outlines a deal that encompasses roughly 9% of iFinex’s outstanding capital and assigns a value of $1.7 billion to the company.
While early-stage crypto companies may still find willing investors, late-stage tech investors have largely exited the space.
The heart of the DOJ’s argument lies in the assertion that evidence regarding the current value of Bankman-Fried’s investments, particularly his stake in Anthropic, is irrelevant to the charges against him.
With the massive fundraise, Anthropic will focus on making significant developments on Claude Next and increase spending to boost its AI model.
The launch of the VC fund in Hong Kong highlights the country’s rising role as a crypto haven.
According to Founder and CEO Ben Leventhal, the amount raised will be focused on scaling the firm’s operations.
Astera Labs closed its series D funding round in November last year with $150 million at a valuation of about $3.15 billion.
Visa considers itself a pioneer in AI usage in payments. Reports suggest that the company sees the funding initiative as a chance to maintain its leadership in using AI.
Ackman received a green light from the United States SEC with an intent to invest a minimum of $1.5 billion in private companies seeking to go public without following the traditional IPO route.
The core concept of IYK revolves around the integration of NFC (near-field communication) chips into merchandise and apparel. Besides, the platform is also popular among musicians and artists.
The potential deal might put the company’s value anywhere from $5 billion to $6 billion.
Earlier this year, AlphaSense closed a Series D funding round with $100 million.
Enflame, a company that was founded in March 2018, has already made significant strides in AI chip manufacturing. The company’s cloud chips have found applications in diverse sectors, including education, smart cities, and scientific research.