Search results for Series E
AI & Enterprise
AI coding startup Cognition raises more than $2 billion, valued at $48 billion
AI coding agent startup Cognition has raised more than $2 billion in a Series E funding round that values the company at $48 billion. SiliconANGLE reported the valuation nearly doubled from the previous round, with annualised revenue close to $900 million. Cognition raised $1 billion in May at a $26 billion valuation. The company develops an AI agent that handles the full software engineering process.
Crypto
U.S. government sells Anthropic stakes held by FTX insiders, stays silent on proceeds
The U.S. government sold Anthropic stakes seized from Caroline Ellison and Nishad Singh, figures tied to the FTX collapse, to existing investors, but did not disclose the sale timing, buyers or price. It has not been decided whether the proceeds will go to compensate FTX victims or be retained by the government. Anthropic’s surging valuation has heightened interest in the sale, while lawyers and victims cite uncertainty over how much could reach victims.
Crypto
XRP death cross appears, raising risk of slide to $1
XRP has formed a death cross on an hourly chart, a short-term bearish signal, after four straight sessions of declines that pushed it as low as $1.11. The market is watching $1.29 as near-term resistance and around $1 as key support, with XRP trading between $1.05 and $1.29. Separately, the Ripple ecosystem reported security work on XRPL lending features, a xrpld 3.2.0 maintenance update and Ripple’s participation in Flutterwave’s Series E round.
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Industry
Samsung Electronics becomes top shareholder in U.S. Element Biosciences to bolster precision medicine technology
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AI & Enterprise
Nvidia-backed U.S. AI firm Runway to set up European headquarters in London
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Telecommunications & Media
Oura unveils 40 percent smaller Oura Ring 5
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Crypto
Kalshi raises $1 billion at $22 billion valuation, doubles in five months
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Crypto
Paradigm pushes development of prediction-market trading terminal, considers market-making desk
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Industry
Nvidia rivals emerge as AI chip dominance war heats up
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AI & Enterprise
Engineering AI gains momentum, expanding into chip design and 3D modelling
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AI & Enterprise
Global security shake-up accelerates, from LLMs to world models
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AI & Enterprise
Runway raises $315 million to speed world model development
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AI & Enterprise
Synthesia valuation tops $4 billion, allows employee share sales