OpenAI and Microsoft partner with Humane on wearable AI pin
The artificial intelligence (AI) startup Humane released a physical device on Nov. 10 that serves as a wearable AI virtual assistant. The AI Pin is a lapel pin-style device that the user wears and taps to speak with a virtual AI-powered assistant. It is equipped with technology from O ...
Sequoia slashes its crypto fund by 66% after industry collapses: Report
Venture capital giant Sequoia Capital reportedly downsized its cryptocurrency fund from $585 million to $200 million, amid a liquidity crunch and a pivot away toward smaller crypto players.According to a July 27 Wall Street Journal report, the tech-focused VC firm told investors in March i ...
Circle and Sequoia were among top depositors at Silicon Valley Bank: Report
Stablecoin issuer Circle and venture capital firm Sequoia Capital were reportedly among the top 10 depositors at the collapsed crypto-friendly Silicon Valley Bank (SVB) in March.According to a June 23 report from Bloomberg, the Federal Deposit Insurance Corporation (FDIC) provided document ...
BlockFi Custodial Wallet Users to Receive $300 Million in Refunds
The company previously wanted to recognize them as property of the bankruptcy estate And that means customers would wait their turn Interest account holders would not get a refund BlockFi custodial wallet users will get almost $300 million back withou ...
Banks in Crypto Industry Facing Challenges: Silvergate, Signature, and Silicon Valley Terminate Operations
Silvergate Bank March 2023 has been a challenging month for banks operating in the crypto industry. The termination of operations has already been announced by Silvergate, Signature and Silicon Valley. What awaits crypto investors amid these events? Silvergate Bank The ...