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OpenAI is taking an ownership stake in Thrive Holdings, whose parent company is one of the AI giant’s major investors, Thrive Capital. Thrive Holdings operates like a private equity firm for AI, rolling up companies that it believes could benefit from the tech in sectors like accounting and IT services. Neither company disclosed the terms … Read more
As fervor around stablecoins grows from Silicon Valley to Wall Street, one of the most high-profile new crypto projects has drummed up a massive coffer of funds to back its ambitious plans. Tempo, a payments-focused blockchain developed by the fintech giant Stripe and the blockchain venture firm Paradigm, has raised $500 million in fresh funding … Read more
OKX CEO Star Xu has praised Hyperliquid’s success in the on-chain perpetuals space and noted that the platform achieved massive success with very few employees. Summary OKX CEO highlights Hyperliquid’s success and regulatory barriers to mainnet launch. CFTC enforcement actions on DeFi keep exchanges cautious on perpetuals rollout. Arthur Hayes predicts HYPE may hit $5,000 … Read more
It’s a question we all heard as kids, and our answers were frequently telling. A child’s answer— whether firefighter, astronaut, or, in my case, paleontologist—said something about their instincts and their imagined future. Lots of kids dream of space and fire trucks, but Philip Clark had a distinct set of ambitions: he wanted to be … Read more
President Donald Trump took to social media Thursday morning to support Elon Musk’s car company, a startling development given their bitter public feud. ”I want Elon, and all businesses within our Country, to THRIVE,” Trump wrote on Truth Social. The post wasn’t enough to help Tesla’s stock, which fell sharply after the company reported another … Read more
If you’ve ever been locked out of your work computer, you know the urgent need to reach IT support. Unfortunately, help desk staff are often busy assisting others, which can mean a significant delay before you regain access. Andrei Serban realized the critical importance of IT’s manual work when he was a product lead on … Read more
There is a scary truth that keeps every small business owner up at night: They are always one step away from bankruptcy. Each year there is one event—it could be the loss of a key employee, a long-time supplier going out of business, or the impact of a natural disaster—but there’s one major shake-up that … Read more
Isomorphic Labs, the AI drug-discovery platform that was spun out of Google’s DeepMind in 2021, has raised external capital for the first time. The $600 million round was led by Thrive Capital, with participation from GV and existing investor Alphabet, Google’s parent, it said. The funding will accelerate further development of Isomorphic’s AI drug … Read more
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Despite market struggles, Lightchain AI thrives, raising $16.8m in presale, thanks to its strong fundamentals and AI-driven solutions. While the broader cryptocurrency market struggles to find its footing, Lightchain AI stands out by continuing … Read more
Jaymes O’Pheron isn’t just used to the cold — he thrives in it. O’Pheron, 34, lived in Washington, Tennessee, Texas and Ireland before moving to Fargo, North Dakota with his wife, Carla, in 2021. North Dakota ranked high on their list for its affordable cost of living, fast-growing cities and friendly policies for small businesses. … Read more
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