The investment from a16z is a strong vote of confidence in Pinecone’s technology. California-based AI startup, Pinecone has received a $100 million investment from venture capital firm Andreessen Horowitz (a16z) in its series B funding. The round also featured ICONIQ Growth, Menlo Ventures, and Wing Venture Capital. Following the investment, the company now has a … Read more
The AI taskforce has the mandate to improve the economy of Great Britain through state-of-the-art and in-demand technology. Great Britain through its Prime Minister Rishi Sunak and Technology Secretary Michelle Donelan have unveiled the creation of an expert taskforce to help build Artificial Intelligence (AI) solutions for the country. According to a press release shared … Read more
VCs remain the major source through which institutional investors access crypto. Venture capital (VC) firm Re7 Capital has tapped web3 advisory and crypto infrastructure firm Republic Crypto to launch a $100 million fund for liquid tokens. The fund, which is dubbed RxR Opportunities Fund, is one of the early initiatives of the 2022 strategic joint … Read more
Like many other automakers, Nikola has been struggling to stay afloat in the sinking water of macroeconomic constraints. America’s leading manufacturer of wavy-duty commercial battery-electric vehicles Nikola Corporation (NASDAQ: NKLA), is planning to generate $100 million by offering shares of its common stock. The company announced on March 30 that it had started an SEC-registered underwritten public … Read more
Tron DAO has committed $100 million to AI Service Payment Platform, AI Infused Oracles, AI Informed Investment Management Services, and AI-generated Content. The Tron DAO ecosystem has shown its commitment to the future growth prospects of Web3 through its $1 billion development fund. Different projects focused on the Tron ecosystem including HackaTRON, TRON/BTTC Integration Fund, … Read more