Fusemachines Inc. announced a $2.5 million convertible note investment from existing investor Meteora Capital, with fixed $4.20 conversion and warrant exercise prices. Combined with 2.05 million warrants, the total potential capital raise could reach $10.66 million. This funding will accelerate development and commercialization of Fusemachines' Agentic AI platform, expand enterprise deployments, and support long-term growth strategies. The investment reflects strong confidence in Fusemachines' vision to transform enterprise workflows with AI.
Solana's price recently dropped from $110 to $102 but has since stabilized around $105, supported by strong buying from high net worth investors and whales. A notable whale returned after eight months, purchasing $8 million worth of SOL, signaling re...
The U.S. imposed 50% tariffs on $20 billion of Canadian imports, prompting Canada to retaliate with similar tariffs on U.S. goods. This trade war initially boosted metals stocks like steel and aluminum, benefiting companies such as Nucor and Steel Dy...
US equity markets showed mixed results following Fed Chair Kevin Warsh's modestly hawkish remarks at Jackson Hole, which pushed short-term Treasury yields higher and increased expectations for a September rate hike to nearly 60%. Warsh emphasized the...
Russia's largest bank, Sber, is set to accept USDT and Ether as collateral for loans, expanding beyond Bitcoin, following Russia's new crypto law effective September 1. This move signals growing institutional acceptance of major cryptocurrencies whil...
The Defiance Space and Connective Tech ETF (UFOX) received a Hold rating because its portfolio is heavily weighted in high-growth, high-beta, and expensive tech stocks, increasing risk. Its focus on space and connective technology themes results in a...
