Innovative Startup Metronome Raises $43 Million in Series B Funding Led by NEA
The additional funding not only fuels Metronome's product innovation but also ensures long-term stability in an evolving market environment.
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Shopify Introduces AI Image Editor to Enhance Product Photography for Merchants
The AI-driven capabilities, including the image editor and semantic search, aim to streamline operations and enhance the overall user experience for both merchants and consumers.
Binance in Early Talks Over Gopax Stake Sale Amid South Korean Regulatory Challenges
The evolving regulatory landscape poses challenges for crypto exchanges, prompting strategic considerations such as stake sales and market exits.
Terraform Labs Pursues Bankruptcy for SEC Suit Appeal
The SEC charged Terraform Labs and its co-founder, Kwon Do-hyeong, with securities fraud in February 2023, accusing them of orchestrating a multibillion-dollar crypto asset securities fraud.
Block Inc. Initiates Layoffs as Part of Planned Workforce Reduction
The specifics of the recent layoffs were not disclosed, but Block affirmed that the overall targets remained unchanged and would be achieved gradually through a combination of performance adjustments and other organizational measures.
Kore.ai Secures $150 Million For Strategic Growth Investment
The funds will be used to enhance GenAI-powered innovations and drive wider adoption across various market segments.
German Semiconductor Startup Semron Raises $7.9 Million for 3D AI Chip Technology
The startup aims to position itself as a leader in semiconductor technology, contributing to the advancement of the European chip industry and addressing the growing demands of AI processing.