Articles from fortune.com

Articles from fortune.com

Internal memo: the DOJ has disbanded the National Cryptocurrency Enforcement Unit, established by Biden in 2021, as the DOJ is “not a digital assets regulator” (fortune.com)
2025-4-8 Asset Cryptocurrency

The CEO of humanoid robot startup Figure AI, which has raised $700M+ to date, seemingly exaggerated its deployment of robots at BMW in interviews and posts (fortune.com)
2025-4-8 Startup AI Robot

Analysts say Microsoft, whose shares fell the least among top tech companies, is shielded from the worst tariff impacts due to Azure and a broad enterprise base (fortune.com)
2025-4-5 Microsoft

Codex, which is building a blockchain for stablecoins, raised a $15.8M seed led by Dragonfly, with Coinbase, Circle, and others participating (fortune.com)
2025-4-5 Blockchain Coinbase

Dyna Robotics, which is building AI-powered robots to help businesses automate repetitive tasks like chopping food, emerged from stealth with a $23.5M seed (fortune.com)
2025-3-30 AI Robot

NYC-based Rain, which issues credit cards that let customers settle payments in stablecoins, raised $24.5M led by Norwest, taking its total funding to $30.5M (fortune.com)
2025-3-29 Credit Card

A jury finds Frank founder Charlie Javice guilty of defrauding JPMorgan Chase by falsifying Frank user numbers; the charges carry a maximum sentence of 30 years (fortune.com)
2025-3-29 JPMorgan

Anthropic says it created a new tool for deciphering how LLMs “think” and used it to resolve some key questions about how Claude and probably other LLMs work (fortune.com)
2025-3-28

Perplexity says it is working with a startup called Firmly.ai to make it easier for brands to sell goods directly through Perplexity's shopping results (fortune.com)
2025-3-28 Startup AI

Sources: Katie Haun is raising $1B across two new crypto-focused funds as her Haun Ventures is close to deploying most of the $1.5B raised in 2022 (fortune.com)
2025-3-22

Walrus Foundation, which is building an on-chain storage network, raised $140M from Standard Crypto, a16z, and others in a sale of its cryptocurrency, $WAL (fortune.com)
2025-3-21 Cryptocurrency

Sequoia is laying off its Washington, DC-based policy team and shuttering its office there this month, as other VC firms beef up their presence in the city (fortune.com)
2025-3-19

Crossmint, which helps developers add crypto functionality to their code, raised $23.6M, including a seed and a Series A led by Ribbit Capital (fortune.com)
2025-3-19

Cartesia, which is developing real-time generative AI models for voice AI, raised a $64M Series A led by Kleiner Perkins, taking its total funding to $91M (fortune.com)
2025-3-12 AI

A look at Crypto.com's perplexing trading volume surge, up 10x in 2024 per CoinGecko, vaulting it to the top tier of exchanges, as rivals question its growth (fortune.com)
2025-3-12

Sources describe the collapse of fintech middleman Synapse that left ~$200M in customer money frozen, with entities blaming each other for shoddy recordkeeping (fortune.com)
2025-3-9 Fintech

A former CEO and chair of Intel says the company shouldn't be broken up since its foundry unit now has the tech and manufacturing know-how to compete with TSMC (fortune.com)
2025-3-4 Intel Manufacturing

Metronome, which offers APIs to help SaaS companies charge customers based on usage, raised a $50M Series C led by NEA, bringing its total funding to $128M (fortune.com)
2025-3-1 SaaS

IT management platform NinjaOne raised $500M led by Iconiq Growth and CapitalG at a $5B valuation, up from $1.9B after its Series C in February 2024 (fortune.com)
2025-2-25

Verkada, which makes smart cameras, alarms, sensors, and more for enterprises, raised a $200M Series E at a $4.5B valuation, up from $3.2B in September 2022 (fortune.com)
2025-2-20

Harvey, which builds generative AI tools for law firms, raised a $300M Series D led by Sequoia at a $3B valuation; CEO Winston Weinberg says ARR surpassed $50M (fortune.com)
2025-2-15 AI

After Meta laid off 3,600 of its “lowest performers” on February 10, some say they had good performance reviews, and experts say the label is highly subjective (fortune.com)
2025-2-14

Sources: OpenAI co-founder John Schulman is joining former OpenAI CTO Mira Murati's stealth startup; he left Anthropic after joining the startup in August 2024 (fortune.com)
2025-2-7 Startup

White House crypto czar David Sacks says NFTs and memecoins are neither securities nor commodities, but collectibles that people buy to “commemorate something” (fortune.com)
2025-1-25 Commodity

CFPB announces a $175M settlement with Block, including $120M in refunds to consumers, saying Cash App allowed rampant fraud while misleading its customers (fortune.com)
2025-1-17

Eve, which makes AI tools for law firms, raised a $47M Series A led by a16z, and says its revenue has grown by 5x over the past eight months (fortune.com)
2025-1-16 AI

Sources: Movement Labs, which is building a layer-2 Ethereum blockchain, is set to raise a $100M Series B at a $3B valuation, after raising $38M in April 2024 (fortune.com)
2025-1-9 Blockchain Ethereum

A profile of AWS CEO Matt Garman, including his first few months on the job, what his stewardship means for the business, and his opportunities and challenges (fortune.com)
2024-12-21

Sources: David Sacks' role as WH AI and crypto czar will be limited to an adviser role, overseen by Michael Kratsios, partly because he won't divest from Craft (fortune.com)
2024-12-21 AI

Sam Altman says Elon Musk is “clearly a bully” who is suing OpenAI because the startup is doing really well and calls the lawsuits “a little bit of a sideshow” (fortune.com)
2024-12-21 Startup Elon Musk

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