Karta Inc. secured $140 million in funding, including a $15 million Series A led by Galaxy Ventures and a $125 million credit facility from CIM, to grow its US-issued credit card service for international travelers. The card offers up to $200,000 credit lines without requiring SSN or ITIN, zero foreign exchange fees, and a 24/7 AI concierge via WhatsApp to assist with travel-related tasks. Karta aims to launch a premium tier card, corporate cards, and enhance its concierge experience, targeting global travelers who lack US credit history but have assets abroad. This funding supports Karta's rapid growth, with a 4x increase in revenue and payment volume quarter-over-quarter in early 2026.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
