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AI & Enterprise

AI cloud Runpod hits $120 million annual run rate, targets developers

Runpod has reached a $120 million annual revenue run rate, TechCrunch reported. The AI app hosting platform provides infrastructure that allows AI developers to run AI applications without a cloud. Runpod said it has secured 500,000 developers as customers in four years. It raised $20 million in seed funding led by Dell Technologies Capital and Intel in May 2024. Runpod operates 31 global regions and counts several companies as customers.

Crypto

Crypto payment cards grow to $18 billion a year, Visa dominates

Blockchain analytics firm Artemis said crypto payment card monthly transaction volume rose from about $100 million in early 2023 to more than $1.5 billion by end-2025, equivalent to $18 billion a year. The Defiant said that roughly matches the $19 billion level of P2P stablecoin remittances that grew only 5 percent over the period. USDC and USDT dominate card collateral, while Visa accounts for over 90 percent of on-chain card transactions.

Crypto

Coinbase's Base App shifts to trading focus, scales back social features

Coinbase-led Ethereum layer-2 network Base will overhaul its Base App into a trading-first structure and scale back social functions. Base and Base App head Jesse Pollak said on X that the app is being refocused. Pollak said user feedback over recent months showed many felt the app was too social and too similar to web2, and it did not sufficiently reflect the range of high-quality assets users wanted.