Blog - Globalbusinessmeet

April 13, 2025
Arpan Rai
Funding

Nvidia and Alphabet invest in Sutskever’s SSI, a co-founder of OpenAI

Almost a year after its fateful launch, Sutskever’s latest co-founded company, Safe Superintelligence (SSI), has surged to become one of the most valuable artificial intelligence companies (with backing of...

April 13, 2025
Arpan Rai
Blockchain

Binance tries to minimize US control in negotiations with Trump’s cryptocurrency firm

Binance executives met with US Treasury officials last month to discuss relaxing government regulation of the company while also pursuing a business partnership with President Donald Trump’s crypto venture,...

April 13, 2025
Roshan Shriwastav
Blockchain

US Social Security Transitions to X for Public Communication Following DOGE-Led Staff Reductions

The same is true regarding the organizational structure and communication strategy of the Social Security Administration (SSA). The plans to stop conducting traditional press releases and ‘Dear Colleague’ letters...

April 13, 2025
Roshan Shriwastav
Fintech

Is Stripe Becoming a Bank? Not According to Stripe

Stripe’s application for a banking license in the United States has been drawing attention for a well known payment processing business. However, given the uncertainty stemming from the move,...

April 13, 2025
Roshan Shriwastav
Funding

Peter Thiel’s Founders Fund Closes $4.6B for Startup Investments

Founders Fund Growth III was the latest class of Founders Fund, getting backing for Peter Thiel’s new $4.6 billion growth-stage fund for later stage startups such as artificial intelligence...

The CEO of Intel invested in hundreds of Chinese businesses, some of which had connections to the military

April 11, 2025
Arpan Rai
Technology

Intel CEO invested in hundreds of Chinese firms, including some with military ties

The recently appointed CEO of Intel, Lip Bu Tan, has invested in at least hundreds of Chinese technology companies, including several connected to China’s People’s Liberation Army and Semiconductor...

AI investment aim outlined by Amazon CEO in annual shareholder letter

April 11, 2025
Arpan Rai
Artificial Intelligence

Amazon CEO announced the company’s AI investment goal in his annual shareholder letter

Amazon CEO Andy Jassy recommends organizations provide intense investment into AI technology because they will achieve optimal financial outcomes in the future. According to Jassy in his shareholder annual...

April 11, 2025
Roshan Shriwastav
Blockchain

HashKey Wins Hong Kong Approval to Launch Crypto Staking Services

HashKey Exchange has made a major step forward in the city’s emerging digital asset market gaining authorization of Hong Kong Securities and Futures Commission (SFC) to provide Ethereum (ETH)...

April 11, 2025
Roshan Shriwastav
Fintech

What Went Wrong? ‘AWS of Fintech’ Solid Files for Bankruptcy After $81M Raise

Fintech BaaS startup Solid called both Dragons Den and is now the subject of a Chapter 11 bankruptcy filing in US Bankruptcy Court in the District of the Delaware. ...

April 11, 2025
Roshan Shriwastav
Funding

Jobandtalent Secures $103M, Shifts Focus to AI-Powered Temp Recruitment

Digital staffing platform Jobandtalent based in Madrid, has raised €92 million (roughly $103 million) in a €1.3 billion ($1.5 billion) post money valuation, after successfully completing a Series F...