South Korean crypto exchange Upbit suspended deposits and withdrawals after saying $37M worth of Solana tokens were moved to an unauthorized external wallet (Sidhartha Shukla/Bloomberg)
Bloomberg.com
Crypto Exchange Upbit Hit by Exploit After $10.3 Billion Deal
Upbit has suspended deposits and withdrawals after it discovered an unauthorized transfer of about $30 million of digital assets, a black eye for S...
Techmeme
South Korean crypto exchange Upbit suspended deposits and withdrawals after saying ~$30M worth of Solana tokens were moved to an unauthorized external wallet
By Sidhartha Shukla / Bloomberg. View the full context on Techmeme.
Tidalwave, whose AI agents automate mortgage docs checks and give real-time multilingual feedback to borrowers, raised a $22M Series A led by Permanent Capital (Fortune)
Fortune
Tidalwave raises $22 million Series A to improve the mortgage process with AI | Fortune
Tidalwave, which builds agentic AI for mortgage origination, has now raised its $22 million Series A, Fortune has exclusively learned.
Techmeme
Tidalwave, whose AI agents automate mortgage docs checks and give real-time multilingual feedback to borrowers, raised a $22M Series A led by Permanent Capital
From Fortune. View the full context on Techmeme.
London-based AI video startup Synthesia says its ARR reached $100M by April 2025, after reporting 2024 revenue up 82% YoY to $58M and a pre-tax loss of $59M (Nicholas Fearn/Financial Times)
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London-based AI video startup Synthesia says its ARR reached $100M by April 2025, after reporting 2024 revenue up 82% YoY to $58M and a pre-tax loss of $59M
By Nicholas Fearn / Financial Times. View the full context on Techmeme.
San Francisco Compute, which provides a marketplace for AI computing capacity, raised a $40M Series A led by DCVC and Wing Venture Capital at a $300M valuation (Yuliya Chernova/Wall Street Journal) https://www.wsj.com/articles/sf-compute-an-ai-computing-marketplace-raises-40-million-2b0d0ef4?st=Q3Cpqj&reflink=desktopwebshare_permalink
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San Francisco Compute, which provides a marketplace for AI computing capacity, raised a $40M Series A led by DCVC and Wing Venture Capital at a $300M valuation
By Yuliya Chernova / Wall Street Journal. View the full context on Techmeme.
Sources: Alibaba and ByteDance are among the top Chinese companies training their latest LLMs in Southeast Asian data centers to access Nvidia's AI chips (Financial Times)
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Sources: Alibaba and ByteDance are among the top Chinese companies training their latest LLMs in Southeast Asian data centers to access Nvidia
From Financial Times. View the full context on Techmeme.
Point One Navigation, which develops precise location tech, raised a $35M Series C led by Khosla Ventures, a source says at a post-money valuation of $230M (Kirsten Korosec/TechCrunch)
TechCrunch
This Khosla-backed startup can track drones, trucks, and robotaxis, inch by inch | TechCrunch
Point One Navigation, now valued at $230 million, is building out well beyond automotive.
Techmeme
Point One Navigation, which develops precise location tech, raised a $35M Series C led by Khosla Ventures, a source says at a $230M post-money valuation
By Kirsten Korosec / TechCrunch. View the full context on Techmeme.
Coverbase, an AI procurement and risk platform provider, raised a $16.5M Series A led by Canapi Ventures, bringing its total funding to $20M (Mary Ann Azevedo/Crunchbase News)
Crunchbase News
Exclusive: With Customers Like Okta And Coinbase, Coverbase Raises $16M To Grow AI-Powered Procurement Platform
Coverbase, an AI-powered procurement platform, has raised $16 million in a Series A round led by Canapi Ventures, the startup tells Crunchbase News...
Techmeme
Coverbase, an AI procurement and risk platform provider, raised a $16.5M Series A led by Canapi Ventures, bringing its total funding to $20M
By Mary Ann Azevedo / Crunchbase News. View the full context on Techmeme.
Blackstone invests $50M into compliance agent-focused Norm Ai, which is launching an independent law firm offering "AI-native legal services" (Norm Ai)
Norm Ai Announces $50 Million Blackstone Investment, Launch of New AI-native Law Firm Norm Law
/PRNewswire/ -- Norm Ai, a leading legal and compliance AI company, today announced an expansion of their relationship with Blackstone, the world
Techmeme
AI legal compliance startup Norm Ai, which is launching an independent law firm offering “AI-native legal services”, raised $50M from Blackstone
From Norm Ai. View the full context on Techmeme.
Sources: ServiceNow is in advanced talks to buy corporate data management and security startup Veza for $1B+ in a deal as early as next week (The Information) https://www.theinformation.com/articles/servicenow-advanced-talks-buy-security-startup-least-1-billion
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Sources: ServiceNow is in advanced talks to buy corporate data management and security startup Veza for $1B+ in a deal as early as next week
From The Information. View the full context on Techmeme.
Intel denies allegations in a TSMC lawsuit that VP Wei-Jen Lo likely leaked trade secrets after retiring from TSMC and joining Intel (Reuters) https://www.reuters.com/legal/litigation/intel-denies-tsmc-allegations-that-executive-leaked-trade-secrets-2025-11-27/
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Intel denies allegations in a TSMC lawsuit that former TSMC executive Wei-Jen Lo likely leaked trade secrets after retiring from TSMC and joining Intel
From Reuters. View the full context on Techmeme.