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Crypto
Y Combinator urges swift Senate passage of CLARITY bill
U.S. startup accelerator Y Combinator has publicly urged the Senate to pass the CLARITY bill, a digital asset market structure proposal. It said all YC companies would eventually use cryptocurrency technology, including stablecoins, and stressed the need for a regulatory framework. The company described blockchain as an “Internet of Assets” and cited use cases such as cross-border payroll and faster marketplace payouts. The bill would clarify oversight by asset type and includes customer protections.
AI & Enterprise
Industrial AI startup Prometheus raises $12 billion at $41 billion valuation
Industrial AI startup Prometheus, led by Amazon founder Jeff Bezos and former Google executive Vik Bajaj, raised $12 billion in a Series B round at a $41 billion valuation, Axios reported. The company plans to use the funds to redesign how physical products are manufactured, from jet engines to medical devices and consumer electronics. Bezos said the company is building tools to sharply shorten engineering cycles. Prometheus focuses on AI-optimised pre-production processes.
AI & Enterprise
Medical AI startup Evom AI raises seed bridge funding to advance heart disease-focused AI
Medical AI startup Evom AI said on Thursday it raised seed bridge funding from existing investors including Kkeullim Ventures. The company said it will use the funds to accelerate upgrades and commercialisation of its heart disease-focused AI solution products. Evom AI said it received a pass determination in a first review for Korea Good Manufacturing Practice standards for digital medical devices in May.
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AI & Enterprise
AI security technology surges to counter AI-driven attacks
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AI & Enterprise
OpenAI to acquire security cloud startup Ona to expand coding AI use
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AI & Enterprise
AI startups need markets, not technology; government should be first customer
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AI & Enterprise
SpaceX alumni bet on solar and batteries as AI data centre power demand surges
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Industry
Desktop fusion device achieves 11 million-degree plasma milestone toward commercialisation
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Finance
Dcamp to share five startup cases linking financial services on June 24
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AI & Enterprise
KT seeks startup AX solutions with AWS and Databricks
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AI & Enterprise
Naver Cloud unveils omnimodal, FDE strategy at defence AX seminar
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Crypto
Woori Bank to pursue easy payment infrastructure for foreign visitors with Crosshub
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AI & Enterprise
Samsung SDS expands AI and cloud security in partnerships with specialist firms
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AI & Enterprise
Orbital targets 2028 first launch for space AI data centre vision
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AI & Enterprise
MSIT selects 15 ICT future unicorns to support overseas expansion and funding
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AI & Enterprise
IntoCNS partners with Japan\'s Vintec to target local veterinary EMR market
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AI & Enterprise
Coinbase CEO outlines token cost management by routing prompts
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AI & Enterprise
AI costs rise, boosting startups that optimize AI spending