Mirendil secures $200M seed round led by a16z and Nvidia

The surge in bond sales highlights a shift towards debt financing in tech, driven by AI investments and favorable borrowing conditions. The post Nvidia, SpaceX drive US investment-grade bond sales to June record appeared first on Crypto Briefing.

A wallet attributed to venture firm a16z withdrew $42.62M worth of ETH from Binance on Tuesday, per onchain intelligence tracker Lookonchain, as ETH trades near 30-day lows.

Sam Altman has unveiled OpenAI’s first custom-built AI chip, Jalapeño, as the company moves to reduce its reliance on third-party hardware and strengthen control over the infrastructure powering its artificial intelligence products. According to OpenAI, the company has developed its…

Broadcom's custom chip for OpenAI could diversify the AI hardware market, challenging Nvidia's dominance and potentially lowering costs. The post Broadcom unveils custom chip for OpenAI, challenging Nvidia’s dominance appeared first on Crypto Briefing.

Nvidia's current valuation could offer strategic investment opportunities, especially if AI-driven semiconductor growth meets future projections. The post Nvidia trades cheaper than semiconductor sector, says Tony Zhang appeared first on Crypto Briefing.

AI inference company Groq has closed a $650 million funding round as it pivots its business following a landmark IP licensing agreement with Nvidia. The round was led by Disruptive, a Dallas-based late-stage investment firm whose founder Alex Davis also serves as Groq’s chairman, alongside Fort Lauderdale hedge fund Infinitum. The raise comes roughly six […]

Insider Brief PRESS RELEASE — Hydra Host has announced the closing of its Series A financing round of $100 million, led by Kindred Ventures, with participation from NVIDIA, ARK Invest, SPLY Capital, Jasper Lau’s Era Funds, Comcast Ventures, Magnetar, and PEAK6. Existing investors in the round include Founders Fund, 10x Founders, Sterling Road, and Flume Ventures (with […]

A wallet linked to venture capital giant Andreessen Horowitz (a16z) withdrew 25,560 ether (ETH), worth about $42.62 million, from Binance, a move that landed as ether trades at $1,672. Tracking the Withdrawal The transfer flagged by onchain tracker Lookonchain, said a wallet linked to a16z pulled 25,560 ETH, valued at roughly $42.62 million, off Binance, […]