News Heat Trend
AI Compute Startup Hyperbolic Raises $30 Million Led by Walden Catalyst
According to Business Insider, Hyperbolic, an AI computing infrastructure startup, has completed a $30 million Series A-1 funding round led by Walden Catalyst, co-founded by Intel CEO Lip-Bu Tan and former Samsung President Young Sohn, with participation from Dell Technologies Capital, General Catalyst, and others.
Hyperbolic Completes $30 Million A-1 Round of Financing, Led by Walden Catalyst
Hyperbolic, an AI chip trading marketplace and software startup, has announced the completion of a $30 million A-1 round of financing led by Walden Catalyst, with participation from Dell Technologies Capital, General Catalyst, Vista Equity Partners, and Cambium Capital. Hyperbolic's total financing to date has reached $50 million. (Business Insider)
Mave Completes $34 Million Funding Round Led by Red Dot Capital Partners
Odaily reports: Israeli cybersecurity startup Mave has announced the completion of a $34 million funding round, including $28 million from a Series A led by Red Dot Capital Partners with participation from Lumir Growth Partners, following a previous $6 million seed round. Mave primarily develops AI agents for cybersecurity operations.Mave's AI agents can integrate information from enterprises' existing security systems, investigate alerts, filter out false positives, and execute actions approved by human teams. The company states that its agents record every step across thousands of workflows, providing security personnel with visibility into the agents' reasoning and actions.Mave was co-founded by Raziel Oren and Guy Eshel in 2025 and currently has 30 employees. The company plans to use the new funding to double its team size, with new positions mainly focused on market expansion and AI research. The company charges a fixed fee based on client size and requirements. (Business Insider)
Fireworks AI Reportedly Seeks New Funding Round at $30B–$40B Valuation
AI infrastructure startup Fireworks AI is in preliminary talks for a new funding round, targeting a valuation of $30 billion to $40 billion, a potential increase of up to 10x from its $4 billion Series C valuation in October 2025. The negotiations are still at an early stage, and the target valuation may change. The company declined to comment, and the report did not disclose the size of the round.Fireworks AI was founded in 2022 by engineers from Meta's open-source AI framework PyTorch team, and provides enterprises with services to customize and deploy open-source models based on their own data. In July 2026, the company announced the completion of a $1.505 billion Series D at a valuation of $17.5 billion, saying its annualized revenue had surpassed $1 billion and its daily token processing volume had grown from 15 trillion at the time of its previous funding round to more than 40 trillion. If the proposed valuation reaches $40 billion, it would be equivalent to roughly 40 times its previously disclosed annualized revenue. (Business Insider)
Insider: Manus reportedly seeks $500 million in funding, valuation may double to $4 billion
- According to people familiar with the matter, AI Agent startup Manus is preparing a new round of $500 million in funding, with the deal nearing completion and the company's valuation expected to double to $4 billion. This would be Manus's first funding round since splitting from Meta.If the funding is completed as planned, Manus will become the highest-valued startup in China's Agentic AI sector. Negotiations are still ongoing, and specific terms may change. The identity of new investors has not yet been disclosed. Manus's existing investors include Tencent, HSG, and ZhenFund. (Bloomberg)
AI company Nuance completes $50 million Series A round, led by Lightspeed Venture Partners
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.
Revolut seeks digital banking license in the Philippines, currently in discussions with the local central bank
According to Crowdfund Insider, UK fintech Revolut is actively negotiating with the Philippine Central Bank (BSP) regarding an application for a local digital banking license. BSP Deputy Governor Lyn I. Javier stated that while discussions are ongoing, whether Revolut ultimately enters the Philippine market depends on its ability to meet regulatory requirements. Revolut must undergo assessment by the central bank and satisfy the relevant requirements for foreign banks to establish operations locally, with the specific timeline contingent on the company's compliance readiness.
Mave Completes $34 Million Funding Round Led by Red Dot Capital Partners
Odaily reports: Israeli cybersecurity startup Mave has announced the completion of a $34 million funding round, including $28 million from a Series A led by Red Dot Capital Partners with participation from Lumir Growth Partners, following a previous $6 million seed round. Mave primarily develops AI agents for cybersecurity operations.Mave's AI agents can integrate information from enterprises' existing security systems, investigate alerts, filter out false positives, and execute actions approved by human teams. The company states that its agents record every step across thousands of workflows, providing security personnel with visibility into the agents' reasoning and actions.Mave was co-founded by Raziel Oren and Guy Eshel in 2025 and currently has 30 employees. The company plans to use the new funding to double its team size, with new positions mainly focused on market expansion and AI research. The company charges a fixed fee based on client size and requirements. (Business Insider)
American Community Bankers Association sues OCC, alleging it exceeded statutory authority by issuing national trust bank charters to crypto companies.
According to Crowdfund Insider, the Independent Community Bankers of America (ICBA) filed a lawsuit on October 2 in the U.S. District Court for the District of Columbia, accusing the Office of the Comptroller of the Currency (OCC) of relaxing national bank charter rules, thereby allowing cryptocurrency companies to enter the banking system without assuming the same regulatory obligations as traditional banks. The ICBA is seeking a court order to vacate the OCC's National Bank Charter Rules issued in March 2026 and related prior interpretive documents, and to invalidate the conditional national trust bank charter granted to digital asset custody firm Protego Holdings. The complaint states that the current U.S. administration has approved or conditionally approved 21 national trust banks, with at least 13 being cryptocurrency enterprises. ICBA argues that these institutions do not need to comply with certain regulatory requirements applicable to traditional banks, such as capital, liquidity, and deposit insurance mandates, yet are permitted to operate nationwide using a federal charter, creating unfair competition. The ICBA also warned that some crypto trust banks lack adequate risk management and independent oversight mechanisms, potentially posing risks to the financial system. The OCC has currently declined to comment on the lawsuit.
US House Oversight Committee Expands Investigation into Insider Trading on Prediction Markets, Involving Platforms Including Hyperliquid
Odaily News: James Comer, Chairman of the U.S. House Oversight Committee and Republican Representative from Kentucky, has expanded an investigation into insider trading on prediction markets, requesting that Hyperliquid Labs, Crypto.com, and Aristotle Exchange Inc., the operator of PredictIt, explain their identity verification procedures as well as measures to identify and prevent insider trading.In letters sent Tuesday to the CEOs of the three companies, Comer requested relevant documents and information, stating that the committee is investigating whether these platforms are fulfilling their legal obligations and taking sufficient measures to identify and stop insider trading before it occurs.
New York State Sues Polymarket, Alleging It Operates an Unlicensed Gambling Business
According to Crowdfund Insider, New York Attorney General Letitia James and Governor Kathy Hochul have filed a civil lawsuit against QCX LLC, the operating entity behind Polymarket US, alleging that it ran an unlicensed gambling business by offering event contracts for sports, elections, and other occurrences to local users through prediction markets without authorization from the New York State Gaming Commission. The complaint also notes that the minimum age for mobile sports betting in New York is 21, whereas Polymarket allegedly permits users aged 18 to 20 to participate. New York seeks a court order to halt Polymarket’s related operations and advertising campaigns within the state, demanding the forfeiture of alleged illicit gains, compensation to users, and civil fines of up to three times the relevant earnings; for unauthorized sports betting activities, the state also mandates an additional $100,000 penalty for each instance of providing or attempting to provide such services. Polymarket Chief Legal Officer Neal Kumar stated that the company plans to contest the lawsuit. According to reports, Polymarket subsequently filed its own lawsuit, arguing that such event contracts fall under the exclusive regulatory authority of the U.S. Commodity Futures Trading Commission (CFTC).
3 Insider Trading Investigations Approved, CFTC Involves Polymarket Biden Pardon, Iran War, and Google Contracts
Odaily News: The U.S. Commodity Futures Trading Commission (CFTC) has previously secretly approved 3 insider trading investigations into Polymarket trading, involving Biden pardon, Iran war, and Google-related event contracts. CFTC Chairman Michael Selig approved an investigation in May into contracts related to the Biden pardon, after a trader had profited over $300,000 from the related market; in the same month, the CFTC also approved an investigation into Iran war contracts, after a group of suspicious accounts was exposed for profiting $2.4 million with a win rate of approximately 98%. In July, the CFTC further launched an investigation into Google-related Polymarket contracts, focusing on individuals who may have used non-public information about Google's 2025 search rankings to trade. The U.S. Attorney's Office for the Southern District of New York is also conducting a parallel investigation, and Polymarket stated that it has referred the relevant matters to law enforcement and is cooperating with the investigation.
Investment firm Seawolf Capital is shorting CoreWeave, saying it needs to raise tens of billions of dollars in new funding
Odaily reports: Investment firm Seawolf Capital says it is shorting cloud computing company CoreWeave. The firm was founded by three traders known for the book and film "The Big Short," and co-founder Vincent Daniel said the short position began with an analysis of CoreWeave's business model.Seawolf Capital points out that CoreWeave rents out AI compute powered by high-end GPUs, a model similar to businesses that purchase specific assets and then lease them out. The firm believes the economic lifespan of GPUs may fall short of oil drilling equipment, aircraft, or shipping equipment, and that competing chip compute supply is rapidly increasing.Vincent Daniel said CoreWeave needs to continuously invest large amounts of capital to purchase high-priced AI chips. Based on its assessment of the company's 2027 free cash flow gap and balance sheet leverage, the company may need to raise tens of billions of dollars in new funding on favorable terms. Seawolf Capital says its short thesis is focused on capital availability and cost, not a bearish view on the overall AI trade. (Business Insider)
Garrett Jin shared ZEC withdrawal records: two transactions totaling approximately 202,100 ZEC, worth approximately $315 million.
The representative for "BTC OG Insider Whale," Garrett Jin, has sequentially posted two Binance ZEC (Zcash) spot withdrawal screenshots, accompanied by corresponding Zcash blockchain explorer links. Records show that on December 20, 2025, the account successively withdrew 134,000 ZEC and 68,076.23 ZEC from its Binance spot wallet, totaling approximately 202,100 ZEC. Valued at the current price of roughly $1,560 per ZEC, the holdings in this address are worth approximately $315 million.
"1011 Insider Whale" representative opened a long position of 1,330 BTC, now sitting on an unrealized profit of $3.05 million
Odaily News: According to on-chain analyst Yu Jin's monitoring, the "1011 Insider Whale" representative opened a long position of 1,330 BTC and is now sitting on an unrealized profit of $3.05 million.
The "1011 Insider Whale" proxy withdrew 35,001 ETH from Binance and deposited it into HyperLiqud
According to Lookonchain monitoring, the "1011 Insider Whale" proxy withdrew 35,001 ETH from Binance and deposited it into HyperLiqud.
"1011 Insider Whale" Proxy: Bitcoin Could Face Downside Risk If It Continues to Linger Around $76,500
Garrett Jin, proxy for the "1011 Insider Whale," posted on X that the current situation for Bitcoin bulls is "not very optimistic," and that he does not want BTC to continue staying above $76,500.Garrett Jin believes that the longer the price stays at this level, the greater the likelihood that it will break below this support and seek support at lower levels; if BTC is to show a stronger trend, it needs to reclaim and hold above $78,300.
3 Insider Trading Investigations Approved, CFTC Involves Polymarket Biden Pardon, Iran War, and Google Contracts
Odaily News: The U.S. Commodity Futures Trading Commission (CFTC) has previously secretly approved 3 insider trading investigations into Polymarket trading, involving Biden pardon, Iran war, and Google-related event contracts. CFTC Chairman Michael Selig approved an investigation in May into contracts related to the Biden pardon, after a trader had profited over $300,000 from the related market; in the same month, the CFTC also approved an investigation into Iran war contracts, after a group of suspicious accounts was exposed for profiting $2.4 million with a win rate of approximately 98%. In July, the CFTC further launched an investigation into Google-related Polymarket contracts, focusing on individuals who may have used non-public information about Google's 2025 search rankings to trade. The U.S. Attorney's Office for the Southern District of New York is also conducting a parallel investigation, and Polymarket stated that it has referred the relevant matters to law enforcement and is cooperating with the investigation.
Investment firm Seawolf Capital is shorting CoreWeave, saying it needs to raise tens of billions of dollars in new funding
Odaily reports: Investment firm Seawolf Capital says it is shorting cloud computing company CoreWeave. The firm was founded by three traders known for the book and film "The Big Short," and co-founder Vincent Daniel said the short position began with an analysis of CoreWeave's business model.Seawolf Capital points out that CoreWeave rents out AI compute powered by high-end GPUs, a model similar to businesses that purchase specific assets and then lease them out. The firm believes the economic lifespan of GPUs may fall short of oil drilling equipment, aircraft, or shipping equipment, and that competing chip compute supply is rapidly increasing.Vincent Daniel said CoreWeave needs to continuously invest large amounts of capital to purchase high-priced AI chips. Based on its assessment of the company's 2027 free cash flow gap and balance sheet leverage, the company may need to raise tens of billions of dollars in new funding on favorable terms. Seawolf Capital says its short thesis is focused on capital availability and cost, not a bearish view on the overall AI trade. (Business Insider)
Fireworks AI Reportedly Seeks New Funding Round at $30B–$40B Valuation
AI infrastructure startup Fireworks AI is in preliminary talks for a new funding round, targeting a valuation of $30 billion to $40 billion, a potential increase of up to 10x from its $4 billion Series C valuation in October 2025. The negotiations are still at an early stage, and the target valuation may change. The company declined to comment, and the report did not disclose the size of the round.Fireworks AI was founded in 2022 by engineers from Meta's open-source AI framework PyTorch team, and provides enterprises with services to customize and deploy open-source models based on their own data. In July 2026, the company announced the completion of a $1.505 billion Series D at a valuation of $17.5 billion, saying its annualized revenue had surpassed $1 billion and its daily token processing volume had grown from 15 trillion at the time of its previous funding round to more than 40 trillion. If the proposed valuation reaches $40 billion, it would be equivalent to roughly 40 times its previously disclosed annualized revenue. (Business Insider)
American Community Bankers Association sues OCC, alleging it exceeded statutory authority by issuing national trust bank charters to crypto companies.
According to Crowdfund Insider, the Independent Community Bankers of America (ICBA) filed a lawsuit on October 2 in the U.S. District Court for the District of Columbia, accusing the Office of the Comptroller of the Currency (OCC) of relaxing national bank charter rules, thereby allowing cryptocurrency companies to enter the banking system without assuming the same regulatory obligations as traditional banks. The ICBA is seeking a court order to vacate the OCC's National Bank Charter Rules issued in March 2026 and related prior interpretive documents, and to invalidate the conditional national trust bank charter granted to digital asset custody firm Protego Holdings. The complaint states that the current U.S. administration has approved or conditionally approved 21 national trust banks, with at least 13 being cryptocurrency enterprises. ICBA argues that these institutions do not need to comply with certain regulatory requirements applicable to traditional banks, such as capital, liquidity, and deposit insurance mandates, yet are permitted to operate nationwide using a federal charter, creating unfair competition. The ICBA also warned that some crypto trust banks lack adequate risk management and independent oversight mechanisms, potentially posing risks to the financial system. The OCC has currently declined to comment on the lawsuit.
Oracle's internal AI rollout initially faced obstacles, but adoption reached 80% within three months of deploying ChatGPT Enterprise.
According to Business Insider, Oracle Co-CEO Magurk acknowledged that the company had not yet found a way to effectively leverage generative AI across the entire workforce last year. The turning point came in April and May this year, when Oracle deployed ChatGPT Enterprise and Codex, achieving an adoption rate of 80% within three months. Previously, Oracle had already invested billions of dollars to help other enterprises run AI.
Waymo Founder Sebastian Thrun Announces Founding of New Robotics Startup Dulo
According to Business Insider, Waymo founder Sebastian Thrun announced the founding of new robotics startup Dulo at the San Francisco robotics conference Actuate; the company is currently still in stealth mode. According to a webpage hosted by Stanford University, Dulo is dedicated to building a "foundation model for hardware design," with the goal of achieving "hyper-fast manufacturing." The team includes core talent from Waymo, Google Brain, and the Stanford Artificial Intelligence Laboratory (SAIL). Thrun did not disclose funding details, product details, or launch timeline. Notably, in the first quarter of 2026, financing in the physical AI sector reached a record $16.3 billion.
Microsoft Excel's COPILOT function will no longer be supported on September 14.
Microsoft Excel's COPILOT function will cease support on September 14. This feature allows users to describe requirements in natural language and invoke Copilot to generate results. It was tested for Frontier and Insider users in August last year and was originally planned to launch in January 2027. Microsoft decided to deprecate it because Copilot already has multiple interaction entry points, such as floating action buttons and sidebars, and does not recommend users use this function for numerical calculations.
Related news
AI Compute Startup Hyperbolic Raises $30 Million Led by Walden Catalyst
According to Business Insider, Hyperbolic, an AI computing infrastructure startup, has completed a $30 million Series A-1 funding round led by Walden Catalyst, co-founded by Intel CEO Lip-Bu Tan and former Samsung President Young Sohn, with participation from Dell Technologies Capital, General Catalyst, and others.
Investment firm Seawolf Capital is shorting CoreWeave, saying it needs to raise tens of billions of dollars in new funding
Odaily reports: Investment firm Seawolf Capital says it is shorting cloud computing company CoreWeave. The firm was founded by three traders known for the book and film "The Big Short," and co-founder Vincent Daniel said the short position began with an analysis of CoreWeave's business model.Seawolf Capital points out that CoreWeave rents out AI compute powered by high-end GPUs, a model similar to businesses that purchase specific assets and then lease them out. The firm believes the economic lifespan of GPUs may fall short of oil drilling equipment, aircraft, or shipping equipment, and that competing chip compute supply is rapidly increasing.Vincent Daniel said CoreWeave needs to continuously invest large amounts of capital to purchase high-priced AI chips. Based on its assessment of the company's 2027 free cash flow gap and balance sheet leverage, the company may need to raise tens of billions of dollars in new funding on favorable terms. Seawolf Capital says its short thesis is focused on capital availability and cost, not a bearish view on the overall AI trade. (Business Insider)
Hyperbolic Completes $30 Million A-1 Round of Financing, Led by Walden Catalyst
Hyperbolic, an AI chip trading marketplace and software startup, has announced the completion of a $30 million A-1 round of financing led by Walden Catalyst, with participation from Dell Technologies Capital, General Catalyst, Vista Equity Partners, and Cambium Capital. Hyperbolic's total financing to date has reached $50 million. (Business Insider)
Revolut seeks digital banking license in the Philippines, currently in discussions with the local central bank
According to Crowdfund Insider, UK fintech Revolut is actively negotiating with the Philippine Central Bank (BSP) regarding an application for a local digital banking license. BSP Deputy Governor Lyn I. Javier stated that while discussions are ongoing, whether Revolut ultimately enters the Philippine market depends on its ability to meet regulatory requirements. Revolut must undergo assessment by the central bank and satisfy the relevant requirements for foreign banks to establish operations locally, with the specific timeline contingent on the company's compliance readiness.
Mave Completes $34 Million Funding Round Led by Red Dot Capital Partners
Odaily reports: Israeli cybersecurity startup Mave has announced the completion of a $34 million funding round, including $28 million from a Series A led by Red Dot Capital Partners with participation from Lumir Growth Partners, following a previous $6 million seed round. Mave primarily develops AI agents for cybersecurity operations.Mave's AI agents can integrate information from enterprises' existing security systems, investigate alerts, filter out false positives, and execute actions approved by human teams. The company states that its agents record every step across thousands of workflows, providing security personnel with visibility into the agents' reasoning and actions.Mave was co-founded by Raziel Oren and Guy Eshel in 2025 and currently has 30 employees. The company plans to use the new funding to double its team size, with new positions mainly focused on market expansion and AI research. The company charges a fixed fee based on client size and requirements. (Business Insider)
Fireworks AI Reportedly Seeks New Funding Round at $30B–$40B Valuation
AI infrastructure startup Fireworks AI is in preliminary talks for a new funding round, targeting a valuation of $30 billion to $40 billion, a potential increase of up to 10x from its $4 billion Series C valuation in October 2025. The negotiations are still at an early stage, and the target valuation may change. The company declined to comment, and the report did not disclose the size of the round.Fireworks AI was founded in 2022 by engineers from Meta's open-source AI framework PyTorch team, and provides enterprises with services to customize and deploy open-source models based on their own data. In July 2026, the company announced the completion of a $1.505 billion Series D at a valuation of $17.5 billion, saying its annualized revenue had surpassed $1 billion and its daily token processing volume had grown from 15 trillion at the time of its previous funding round to more than 40 trillion. If the proposed valuation reaches $40 billion, it would be equivalent to roughly 40 times its previously disclosed annualized revenue. (Business Insider)