Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder

As the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised approximately $500 million from sources including Sam Bankman-Fried (SBF), co-founder of FTX; Caroline Ellison, former […]

Go to Source

Powered by WPeMatico

Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability

mysten labsMysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will be directed to continue growing Sui’s infrastructure […]

Go to Source

Powered by WPeMatico

Square Enix Closes $300 Million Sale of Western Studios to Bankroll Blockchain Pivot

square enixSquare Enix, the influential Japanese gaming and publishing company, has sold its Western studios and some of its Western intellectual properties (IPs) to Embracer Group. The deal, which values these properties at $300 million, will allow the company to focus on the development of new businesses more aligned with the refined direction of the company, […]

Go to Source

Powered by WPeMatico

Leading NFT Marketplace Opensea Raises $300 Million, Firm’s Post-Money Valuation Taps $13.3 Billion

Leading NFT Marketplace Opensea Raises $300 Million, Firm's Post-Money Valuation Taps $13.3 BillionLeading non-fungible token (NFT) marketplace Opensea announced the firm has raised $300 million in a Series C funding round led by Paradigm and Coatue. Opensea’s latest capital raise has propelled the company to a $13.3 billion post-money valuation. Opensea Raises $300 Million, Commands Post-Money Valuation of $13.3 Billion In mid-November, a report authored by theinformation.com’s […]

Go to Source

Powered by WPeMatico

Blockchain.com Raises $300 Million, Firm’s Post-Money Valuation Now $5.2 Billion

Blockchain.com Raises $300 Million, Firm's Post-Money Valuation Now $5.2 BillionThe crypto financial services provider Blockchain.com revealed on Wednesday that the company has raised $300 million in a financing round. Blockchain.com’s latest funding round follows the $120 million raise the company obtained last month. Blockchain.com Is Now Valued at $5.2 Billion On March 24, Blockchain.com CEO Peter Smith announced that the company was pleased to […]

Go to Source

Powered by WPeMatico

Coinbase Raises $300 Million, Reaching $8 Billion Valuation

US Cryptocurrency Platform Coinbase Raises $300 Million in FundingThe San Francisco-based cryptocurrency exchange and brokerage service Coinbase announced on Tuesday that it had raised $300 million in series E equity funding. This latest round confirms Coinbase’s status as the largest cryptocurrency organization of its kind, bringing its market valuation up to $8 billion. Also read: Bitstamp Confirms Acquisition by South Korean Company Coinbase Raises […]

The post Coinbase Raises $300 Million, Reaching $8 Billion Valuation appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico