The crypto industry has amassed a $160M war chest to bolster pro-crypto US candidates, which could be pivotal in handing the Senate majority to GOP in November — - Industry seeks regulatory changes to blunt SEC influence — Democrats Sherrod Brown and Jon Tester targeted by crypto
Sources: Lightspeed wants to become a registered investment adviser, letting it use more than 20% of its funds, the cap for VC firms, to trade secondary markets — Move is a sign of how traditional investment models are under threat by a challenging VC environment
Boulder, Colorado-based Enveda, which combines AI with ancient remedies for drug discovery, raised a $55M Series B extension from investors including Microsoft — For centuries, people chewed willow tree bark to relieve pain, but scientists at chemical firm Bayer didn't isolate its active ingredient until the 1800s
Amazon and telecom Vrio plan to launch a satellite internet service in Argentina, Brazil, Chile, Uruguay, Peru, Ecuador, and Colombia, coming online in mid-2025 — Amazon (AMZN.O) and telecommunications firm Vrio will jointly launch a satellite internet service in seven South American countries …
Dublin-based AccountsIQ, which offers AI-powered bookkeeping, raised €60M, after raising just €12.7M in its nearly 20 year history, and reports 1,000 clients — The European economy is on shaky ground, but there is a silver lining for enterprise startups: Those building tools …
Ant Group spent a record ~$2.9B on research in 2023, as the Alibaba affiliate develops its BaiLing LLM; Ant and affiliate MYbank served 87M businesses by 2023 — Founded by Jack Ma, Ant has been developing technology including its large language model BaiLing, which won approval …
Jared Perlo / NBC News : A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedl...
