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In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. Terms of the deal were undisclosed, but the acquisition price was in the high single millions and composed of cash and stock. […]
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In 2025 alone, Ramp has leapt from being worth $13 billion to $32 billion with new rounds every few months.
Based on our look at recent PitchBook data and what we’re hearing, we’re in what could be the early stages of a venture slowdown.
Stability AI, the venture-backed startup behind the text-to-image AI system Stable Diffusion, is funding a wide-ranging effort to apply AI to the frontiers of biotech. Called OpenBioML, the endeavor’s first projects will focus on machine learning-based approaches to DNA sequencing, protein folding and computational biochemistry. The company’s founders describe OpenBioML as an “open research laboratory” […]
Stability AI backs effort to bring machine learning to biomed by Kyle Wiggers originally published on TechCrunch