Articles from fortune.com

Articles from fortune.com

Decentralized exchange Ostium raised a $20M Series A led by General Catalyst and Jump Trading, a source says at a ~$250M valuation, after previously raising $8M (fortune.com)
4 days ago Decentralize

Binance names co-founder Yi He as co-CEO alongside Richard Teng, making her one of the few women leading a crypto company; she also has children with ex-CEO CZ (fortune.com)
5 days ago

A profile of Dario Amodei and Anthropic, which is on track to hit a nearly $10B annualized run rate by the end of 2025, more than 10x what it generated in 2024 (fortune.com)
5 days ago

Gravis Robotics, which adds cameras, sensors, and AI to heavyweight construction machines so they can operate autonomously, raised $23M led by IQ and Zacua (fortune.com)
9 days ago AI Robot

Tidalwave, whose AI agents automate mortgage docs checks and give real-time multilingual feedback to borrowers, raised a $22M Series A led by Permanent Capital (fortune.com)
11 days ago mortgage AI

Paxos acquires Fordefi, a New York-based startup that helps customers store their digital assets, for $100M+; PitchBook: Fordefi was last valued at $83M (fortune.com)
12 days ago Startup Asset New York

Doppel, which makes an AI social engineering detection service, raised a $70M Series C led by Bessemer at a $600M+ valuation, up from $205M in May (fortune.com)
18 days ago AI

Kraken raised $200M at a $20B valuation, after raising $600M at a $15B valuation in Sept.; prior to the two rounds, Kraken raised only $27M in venture capital (fortune.com)
19 days ago

Coinbase confirms that it has called off acquisition talks with stablecoin infra startup BVNK; reports previously put the acquisition price around $2B (fortune.com)
26 days ago Startup Coinbase

Tala Health, which plans to roll out AI agents to help clinicians improve patient care next year, raised a $100M seed led by Sofreh Capital (fortune.com)
28 days ago AI

Neobank Mercury says it has hit $650M in annualized revenue, up from $500M by end of 2024, and has been GAAP profitable on net income and EBITDA for three years (fortune.com)
30 days ago

Commonware, which develops open-source code for launching blockchains, raised $25M led by Tempo, a stablecoin-focused blockchain backed by Stripe and Paradigm (fortune.com)
30 days ago Blockchain

A profile of OpenAI President Greg Brockman and his role in the company's $1.4T infrastructure buildout that's required to reach AGI (fortune.com)
2025-11-6

Giga, which develops voice-based AI agents for customer support, raised a $61M Series A led by Redpoint with participation from Y Combinator and Nexus (fortune.com)
2025-11-6 AI Y Combinator

NY-based Teleskope, which offers smaller LLMs fine-tuned for specific security problems, raised a $25M Series A led by M13, taking its total funding to $32.2M (fortune.com)
2025-11-4

Sources: Mastercard is in late-stage talks to acquire the crypto and stablecoin infrastructure startup Zerohash for between $1.5B and $2B (fortune.com)
2025-10-30 Startup

LangChain, whose open-source framework connects AI apps to real-time data, raised a $125M Series B led by IVP at a $1.25B valuation (fortune.com)
2025-10-21 AI

Sources: Tempo, a stablecoin-focused blockchain developed by Stripe and Paradigm, raised a $500M Series A led by Greenoaks and Thrive Capital at a $5B valuation (fortune.com)
2025-10-18 Blockchain

Sources: Amazon plans to cut as much as 15% of its HR staff, and additional layoffs will likely affect other areas of its core consumer business (fortune.com)
2025-10-15 Amazon Layoffs

Crypto investor Roger Ver, aka “Bitcoin Jesus”, reaches a deferred prosecution agreement with the US DOJ and pays ~$50M to resolve a tax evasion indictment (fortune.com)
2025-10-15 Bitcoin Tax

Flow Engineering, which provides a collaborative hardware development platform for companies like Rivian, raised a $23M Series A led by Sequoia (fortune.com)
2025-10-15

AI has sparked a new wave of competition in the browser market, as agentic AI browsers like Perplexity's Comet and others compete with Gemini-enhanced Chrome (fortune.com)
2025-10-13 AI Browser Chrome

Nathan Calvin, general counsel of AI safety nonprofit Encode, says OpenAI used intimidation tactics to undermine California's SB 53 while it was being debated (fortune.com)
2025-10-11 AI California

Sources: Coinbase and Mastercard have each held talks to acquire stablecoin startup BVNK for $1.5B-$2.5B; a deal would be the largest stablecoin acquisition yet (fortune.com)
2025-10-10 Startup Coinbase

Harvard economist Jason Furman estimates that investments in data centers and information-processing software accounted for 92% of US GDP growth in H1 2025 (fortune.com)
2025-10-8 GDP

EvenUp, which makes AI tools for personal injury law firms, raised a $150M Series E led by Bessemer at a $2B+ valuation, bringing its total funding to $385M (fortune.com)
2025-10-8 AI

The FBI estimates that North Koreans posing as IT workers, using stolen IDs and AI-fabricated work, funneled up to $1B into the country over the past five years (fortune.com)
2025-10-6 AI FBI

Supabase, an open-source rival to Google's Firebase, raised a $100M Series E led by Accel and Peak XV at a $5B valuation, bringing its total funding to $500M+ (fortune.com)
2025-10-3 Google

Assort Health, which is developing voice AI agents for healthcare, raised a $76M Series B led by Lightspeed, bringing its total funding to $102M (fortune.com)
2025-10-1 AI

VCs say some AI startups, under pressure to show rapid ARR growth, are using questionable accounting practices like counting one-time deals as recurring revenue (fortune.com)
2025-9-29 Startup AI

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