News linked to this event type.
According to TechCrunch, AI infrastructure company Cornelis announced the completion of a $205 million funding round led by IAG Capital Partners. The company also launched Active Compute Fabric networking technology, designed to improve communication efficiency between AI chips and reduce GPU idle time caused by waiting for data transmission.
OpenAI has acquired smartphone camera technology company Glass Imaging for more than $300 million. The company was founded in 2019 and had previously raised approximately $30 million in cumulative funding.Glass Imaging was founded by former Apple engineers Ziv Attar and Tom Bishop, who had previously led Apple's Portrait Mode development team. Glass Imaging primarily uses neural networks to optimize camera systems for different smartphones, directly enhancing image quality during the shooting process to overcome the physical size limitations of phone cameras.As of the time of publication, OpenAI has not responded to requests for comment. Multiple market reports indicate that OpenAI is developing its own hardware products, including smartphones, earphones, and AI companion devices. (TechCrunch)
Odaily Report: Balancer Labs co-founder Marcus Hardt posted on X that he has proposed a governance proposal to gradually shut down Balancer. Balancer had previously completed a restructuring, including halting token emissions, transferring all protocol fees to the DAO, cutting the operational budget by one-third, and reducing the team from approximately 25 people to 12.5 full-time equivalents.Marcus stated that the restructuring was completed on the cost side as planned, but revenue performance fell short of expectations. Currently, most of Balancer's protocol revenue still comes from v2, and v3 revenue has not grown enough to replace v2. Previous security incidents have also continued to affect partners' willingness to adopt v3. Marcus said he can no longer see a funded path that could change the situation, and continuing to burn through treasury funds is not reasonable. Therefore, he has proposed gradually shutting down Balancer and will not lead efforts to develop a plan for continued operations. The Balancer code will remain open source, and other teams can fork it and continue development. The relevant proposal has been submitted to the governance forum, and the final decision still rests with token holders.
Crypto data provider Kaiko announced the completion of a $110 million funding round led by S&P Global, highlighting growing investment interest from Wall Street in tokenized market infrastructure.
perpetual contract platform RWAperp has announced the completion of $2 million in financing, with a post-investment valuation of $50 million. Participants in the round include Lime co-founder Brad Bao, Cresta AI co-founder Tim Shi, Tesla Autopilot team member Phil Duan, Crux members William Freiberg and Charles Ferguson, as well as members of the a16z and Sequoia Scout networks.RWAperp is a decentralized perpetual contract protocol for traditional financial assets. It is currently live on OKX X Layer and has opened 19 markets, covering BTC, ETH, SOL, Korean and U.S. stocks, the S&P 500 Index, the DRAM Index, gold, silver, and WTI crude oil. Users can settle in USDC, USDT, or USDG and gain leveraged long and short exposure to stocks, indices, commodities, and crypto assets without needing to hold, custody, or tokenize the underlying assets.RWAperp primarily designs its trading, pricing, liquidity, and risk management systems around the trading characteristics of the stock market, and handles situations such as market closure periods, overnight gaps, trading halts, and corporate actions. The platform uses a multi-issuer composite oracle and provides a professional order book trading terminal.RWAperp is also developing Agent Mode. This AI feature is designed to understand natural language trading instructions, analyze market conditions, and gradually support trading execution operations such as opening positions, position management, and closing positions. (The Block)
According to Reuters, AI startup Temporal announced the completion of a $550 million late-stage funding round, more than doubling its valuation to $12.55 billion over seven months. The round was led by Lightspeed Venture Partners, with Wellington Management, Growth Equity under Goldman Sachs Alternatives, and Tiger Global participating as co-leads. SV Angel and T. Rowe Price Associates advisory accounts also participated, while existing investors Andreessen Horowitz (a16z), Sequoia Capital, and GIC continued their investment. The funds will be used to expand global operations and advance platform R&D. Founded in 2019, Temporal develops open-source software that helps applications, including AI agents, recover from failures, reducing the need for engineers to write custom recovery code. Its customers include OpenAI, Snap, Nvidia, Netflix, and JPMorgan Chase. The company employs 570 staff members and maintains an annualized revenue run rate of over $250 million, representing more than double year-over-year growth. In February this year, the company completed a round led by a16z at a $5 billion valuation
Odaily News: tZERO stated that this funding round is part of its long-term capital plan and will be used to support business operations, next-stage growth, and the development of its Infrastructure-as-a-Service (IaaS) business. The round was led by Marc Cohodes and Max Cohodes, with participation from existing investors Intercontinental Exchange (ICE), Bill Fleckenstein, and partner Dinari, among others, while Neighborhood Intelligence committed to participate. The platform is building infrastructure covering tokenization, trading, custody, and asset servicing around tokenized securities and other assets, helping financial institutions issue and trade assets through regulated blockchain infrastructure. tZERO CEO Alan Konevsky said the company will continue to expand its tokenized financial market infrastructure business and advance toward capital independence, while also expanding tokenization and other derivatives, prediction markets, and spot crypto infrastructure services, and seeking to scale its business through strategic transactions.
Odaily News: Amid pressure from AI giants calling for a slowdown, sticky inflation, and the looming threat of rate hikes, US stocks plunged across the board on Monday, with the Philadelphia Semiconductor Index plummeting nearly 6%. Yet JPMorgan reaffirmed its bullish stance against the tide, warning that blind pessimism can easily lead to missing out on gains.Mislav Matejka, JPMorgan's Head of Global and European Equity Strategy, also once again issued a warning to aggressively bearish investors: while surging oil prices do suppress valuations, blindly betting against US stocks is extremely dangerous before the overall earnings expansion of American companies has been disproven. Once US President Trump subsequently attempts to cool tensions in the Middle East through diplomacy, or if third-quarter earnings exceed expectations, the forces of excessive shorting may face a fierce backlash from returning capital.On this basis, JPMorgan as early as August had already raised its year-end target for the S&P 500 Index from 7,800 points to 8,000 points against the tide, and expects earnings per share of its constituent stocks to surge 29% year-over-year to $350.
Odaily reports: In its latest quarterly assessment, the Bank for International Settlements (BIS), known as the "central bank of central banks," issued a warning that alongside the rapid rise in leverage and the growing opacity of underlying debt structures, the financial vulnerabilities underpinning this round of exuberance are intensifying.This risk warning is not unfounded. In July of this year, the Situational Awareness fund, helmed by Leopold Aschenbrenner, staged a harrowing episode. The fund had placed heavy bets on the AI sector, but a sharp drop in the valuation of its underlying assets triggered a wave of margin calls from banks, ultimately forcing it to urgently transfer the core holdings of its public market equity portfolio to Ken Griffin's Citadel in order to barely survive the liquidity crisis.In the BIS's view, this incident is a typical microcosm of leveraged hedge funds becoming deeply entangled in core markets. Frank Smets, Head of Economic Analysis and Statistics at the BIS, pointed out that cross-market leverage is concerning, as it can easily amplify normal market fluctuations into severe systemic shocks. The near-miss of AI-themed hedge funds has once again laid this risk bare.
According to an official announcement from DeFi Development Corp., Nasdaq-listed company DFDV announced that its total SOL treasury holdings have increased to approximately 2.389 million SOL (up by roughly 55,000 SOL from August 27, representing a month-over-month growth of approximately 2%). The company also announced a $300 million at-the-market (ATM) offering plan for CHAD (Variable Rate Series C Perpetual Preferred Stock), with proceeds primarily intended for continued SOL acquisitions. The company stated that the CHAD issuance price will not fall below the $10 par value per share, with R.F. Lafferty & Co. appointed as the exclusive sales agent. Year-to-date, SOL has outperformed the Nasdaq 100 index by 39%, while DFDV’s returns have been double that of SOL. CEO Joseph Onorati stated that the launch of the CHAD ATM will further advance the company’s “fundraising — coin accumulation — yield generation — compounding” capital flywheel strategy.
According to Business Insider, Seattle-based artificial intelligence company Nuance has announced the completion of a $50 million Series A funding round, led by Lightspeed Venture Partners, with participation from Accel, NVIDIA's NVentures, South Park Commons, and Define Ventures. Founded last year by three former Apple researchers, Nuance aims to develop multimodal AI models with enhanced emotional understanding capabilities. The company completed a $10 million seed round led by Accel in July of last year.
Odaily News — Crypto market data provider Kaiko has secured a new round of investment led by S&P Global, bringing the latest funding round's total size to $110 million. DRW Holdings, Susquehanna, Royal Bank of Canada, Nasdaq, BNP Paribas, Bpifrance, Broadridge, Canton Ventures, Coinbase Ventures, and Stellar also participated. Previously, crypto market data provider Kaiko completed a $53 million Series B funding round in June 2022, led by Eight Roads (a venture capital firm backed by Fidelity), with participation from French venture capital firm Revaia and existing investors Alven, Point Nine, Anthemis, and Underscore. (Bloomberg)
Odaily reports: Sources familiar with the matter say that Discovery Loop, an AI startup co-founded by former Google chief scientist Jeff Dean, is in talks for a new funding round, with its valuation having climbed to $50 billion—five times higher than the roughly $10 billion valuation target from just weeks ago.Discovery Loop's other three co-founders are Sanjay Ghemawat, Quoc Le, and Oriol Vinyals. The company focuses on using AI to run thousands of experiments in parallel to accelerate the pace of scientific and engineering research. Its first funding round was led by Radical Ventures and Khosla Ventures, with participation from Lightspeed, Kleiner Perkins, Doerr Capital, and others. (Business Insider)
Odaily reports: The Securities and Exchange Board of India (SEBI), in collaboration with the Reserve Bank of India (RBI), has launched the "Demat 2.0" pilot to issue and settle corporate bond tokens on permissioned ledgers operated by NSDL and CDSL, covering a corporate bond market of approximately $620 billion.State-owned lender REC, Larsen & Toubro, and non-bank lender IIFL Finance have collectively raised approximately $107 million through this framework. The system connects to the RBI's wholesale digital rupee to enable simultaneous settlement of bonds and funds, and automates interest payments and redemptions via smart contracts.SEBI stated that the legal terms, credit ratings, trustee arrangements, listing rules, and investor protections for tokenized bonds remain unchanged. Investors can hold tokens in their existing Demat accounts, with secondary trading and retail participation to be introduced in subsequent phases. (Decrypt)
According to Bloomberg, AI computing network manufacturer Ligent Technologies Inc. plans to conduct an IPO in Hong Kong, offering 172 million shares at an offering price of HK$32.96 per share, to raise up to HK$5.7 billion (approximately $727 million). The company, which is backed by Chinese capital, is headquartered in San Jose, California. Its shares are expected to officially begin trading on September 22.
The NFT gaming project Pixelmon announced on its official Discord that the latest round of gameplay testing conducted by an external publisher yielded unsatisfactory results, prompting the team to decide against further refining or testing the existing game and to halt all game development. Pixelmon has notified its game team members and provided severance arrangements. Pixelmon previously closed a $8 million seed funding round in 2024, with investment from Animoca Brands, Delphi Ventures, Foresight Ventures, Amber Group, and others.
According to EU-Startups, Stockholm-based Swedish health tech startup Tandem Health has closed a €86.49 million (approximately $100 million) Series B funding round, led by EQT's Scaleup Europe Fund alongside Kinnevik, Northzone, Amino Collective, and Visionaries. This brings the company's total cumulative funding to €138 million (approximately $160 million).
According to EU-Startups, Zurich-based preventive healthcare company Aeon announced the completion of its seed extension financing round and the simultaneous acquisition of German blood diagnostic platform Aware Health, bringing its total seed funding to over €12 million (approximately $14 million). The round was co-led by Araya Ventures, with existing investors Concentric, GoHub Ventures, Kadmos Capital, Calm/Storm Ventures, N&V Capital, and Bigwave Capital participating.
Odaily News: The Meme coin STRATEGY is valued at approximately $7.2 million on Robinhood Chain, with its main liquidity pool paired against tokenized MSTR stock. The token launched on September 4 and is not an equity certificate for Strategy stock.As of September 14, STRATEGY was priced at approximately $0.0078, with liquidity of about $808,600 and 24-hour trading volume of about $691,000. Supporters claim that the value of MSTR Stock Tokens in the pool exceeded $362,000 within 10 days. (Bitcoin.com News)
According to sources familiar with the matter, Anthropic has selected Nasdaq as the listing exchange for its potential IPO and plans to advance the listing process in October. Market estimates suggest the company's valuation could reach $2 trillion, but the exact figure has not yet been finalized.