January, 2025

January, 2025

Reid Hoffman-Backed Manas AI Raises $24.6 Million for Drug Development
LinkedIn founder Reid Hoffman and oncologist Siddhartha Mukherjee raised $24.6 million in a seed round to launch an artificial intelligence startup focused on drug development. Called Manas AI, the st...

Starbucks Outlaws Lounging Without Buying as Sales Slip
The days of hanging out at Starbucks without purchasing anything are apparently over. Beginning Monday (Jan. 27), the coffee chain is rolling out new policies that define customers as people who buy...

Why Is Silicon Valley Spending a Fortune on AI Data Centers?
This week, President Donald Trump and a small group of tech executives — OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle founder Larry Ellison — announced Stargate, a four-year, $500 ...

Chinese AI Firm DeepSeek Deep-Sixes US Tech Stocks
Tech stocks plunged Monday (Jan. 27) following a new AI model from China’s DeepSeek. As the Financial Times (FT) reported, DeepSeek’s latest large language artificial intelligence (AI) model has...

ICAN Founder Nick Morgan Shares What Needs to be Fixed at the Securities and Exchange Commission (SEC)
ICAN, or Investors Choice Advocates Network, is a non-profit that advocates on behalf of underserved investors and those individuals deemed to be unfairly targeted by the Securities and Exchange Commi...

T3 FCU, Partnership Between Tether, Tron and TRM Labs Says they Helped Spain Freeze $26.4 million in Laundered Funds
The new T3 Financial Crime Unit, or T3 FCU, says it has worked with the Spanish Guardia Civil to help freeze $26.4 million in funds from a money laundering ploy. T3 FCU was created by Tether, Tron, ...

Molten Ventures, Westly Group Co-lead Sightline Seed Round
Molten Ventures has participated in the funding of Sightline, which is described as an AI-powered “market intelligence platform powering the transition economy” or energy and climate mitigation. T...

YZi Labs, Formerly Binance Labs, to Diversify Crypto, Web3 Focus to Include AI and Biotech Investments
YZi Labs, formerly known as Binance Labs, has unveiled its rebranding, marking a significant expansion of its investment focus beyond crypto and blockchain to include Artificial Intelligence (AI) and ...

Germany: Pay by Bank Offered by Tink, Adyen, Recharge Partnership
Fintechs Tink, Adyen, and Recharge have announced a Pay by Bank service for the German market. Tink, founded in Sweden, is an open banking platform and part of Visa. Adyen (ADYEN:AMS) and Recharge ar...

Israeli Crypto Investment Platform BitStock Reports New Funding
BitStock, an Israeli fintech startup, has successfully secured an additional $400,000 in funding, bringing its total investment to $1 million. This fresh capital injection will be allocated towards en...

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