French AI startup Mistral raised a record €3 billion ($3.5 billion) in its Series D funding, marking the largest equity round for a European tech firm. Valued at €21 billion ($24 billion), the funds will enhance its AI research, infrastructure, and commercial growth. The company aims to offer open-weight AI models and infrastructure that prevent vendor lock-in, addressing enterprise and government demands for control and data governance. CEO Arthur Mensch highlighted that this funding enables Mistral to match the computing power of leading Chinese AI labs, positioning it as a key European AI contender amid global competition.
Alphabet reported a 103% increase in its cloud revenue last quarter, signaling strong growth in its cloud business. Additionally, the Gemini app reached 1 billion monthly users, highlighting its rapid user adoption. These developments suggest Google ...
Denny's has reinstated a plaque at its San Jose diner commemorating the booth where Nvidia was founded in 1993, after it was removed following CEO Jensen Huang's resignation amid scandal. The plaque honors the conversations that led to Nvidia's creat...
Hyperliquid has burned a total of 50.59 million HYPE tokens, representing 5.06% of the token's maximum supply, with a cumulative value of approximately $3.12 billion as of November 14. In the last 24 hours alone, the company bought back and burned 47...
Ethereum contributor Marchhill submitted draft PR 12664 proposing a method to verify batches of sponsored transactions with a single proof while maintaining individual transaction payments and signatures. This approach allows builders to select any v...
Chainlink (LINK) experienced a sharp price decline of 5.99% over four hours, falling from $9.17 to $8.62 on Binance's spot market. Over the past 24 hours, LINK's price dropped 12.21%, reflecting significant short-term selling pressure. During the las...
