Snapchat Acquires Ukraine-based Startup AI Factory for $166 Million
AI Factory specializes in developing AI business solutions, it is also responsible for Snapchat’s recently released animated selfie-based Cameos feature.
AI Factory specializes in developing AI business solutions, it is also responsible for Snapchat’s recently released animated selfie-based Cameos feature.
Having received the funds from the most prominent investors, the founders of the blockchain startup Alchemy have an ambitious goal – to make their project the Microsoft for blockchain.
Intel announced that it had acquired Habana Labs in a clear indication that it aims to venture deep into the Artificial Intelligence chip market.
SoftBank has led a funding round for cashierless store startup Accel Robotics. This round has brought to the startup $30 million.
Singaporean government-backed blockchain accelerator Tribe has raised about $16 million for startups. In total it has already raised $28 million to support startups.
Cryptocurrency compliance startup TRM Labs, which emerged from YCombinator, raises $4.2 Million in funding from various investors including Paypal Ventures.
Banco Santander is to pay £350 million for a 50.1% majority stake in Ebury, a provider of corporate banking services to SMEs that trade internationally.
Vault12 uses social recovery as a method of wallet protection. In order not to lose your keys, you may create a recovery network of your friends.
Walmart and Green Dot have created a new fintech accelerator called Tailfin to encourage startups to join this industry.
Bitcoin mining startup Layer1 will run its own power sub-station and utilize solar and wind energy generated on the plains of West Texas.