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Series AI raised $7.9M to develop AI-powered game authoring tools

Series AI, a startup that is developing AI-powered game authoring tools, announced today that it has raised $7.9 million in its seed funding round. The company plans to use the…
Posted by NNR September 14, 2023
Posted inWire

Databricks secures over $500 million funding, valuing the company at $43 billion

Databricks announced a substantial funding round, raising over $500 million and skyrocketing its valuation to a staggering $43 billion. Leading this investment effort is T. Rowe Price Associates, while the…
Posted by NNR September 14, 2023
Posted inWire

Thailand’s Kasikornbank launches $100M fund for Web3 and AI in Asia Pacific

Kasikornbank has initiated a $100 million fund, KXVC, aimed at investing in the Asia Pacific's internet economy, predicted to reach $1 trillion by 2030. KXVC, originating from the bank's innovation…
Posted by NNR September 14, 2023
Posted inWire

ECB raises interest rates to 4.5% amid inflation fears

The European Central Bank (ECB) has increased its key interest rates by 0.25% to 4.5%, the highest level since the euro was introduced in 1999. This is the tenth consecutive…
Posted by NNR September 14, 2023
Posted inWire

SoftBank cashes in as Arm floats in New York with $52.3bn valuation

Arm, the UK-based chip designer that powers many of the world’s smartphones and devices, is set to make its comeback to the public markets in New York on Thursday with…
Posted by NNR September 14, 2023
Posted inWire

Alphabet cuts hundreds of recruiters as hiring slows down

As part of its ongoing hiring slowdown, Alphabet, the parent company of Google, announced on Wednesday that it will reduce its global recruiting team by a few hundred employees. The…
Posted by NNR September 14, 2023
Posted inWire

Web3 Foundation appoints Fabian Gompf as new CEO to boost Polkadot ecosystem

Fabian Gompf is appointed as the new CEO of Web3 Foundation, the organization behind the Polkadot blockchain protocol. He has a strong background in web3 and Polkadot, and will lead…
Posted by NNR September 14, 2023
Posted inWire

Denodo secures $336M from TPG Growth to expand data management software

Denodo, a Palo Alto-based company that provides data virtualization software, announced that it has raised $336 million in Series B preferred equity investment from TPG Growth, a global alternative asset…
Posted by NNR September 14, 2023
Posted inWire

Port raises $18M in Series A to grow its open internal developer portal

A Series A funding round of $18 million has been secured by Port, an open internal developer portal based in Tel Aviv, Israel. This brings the total amount of money…
Posted by NNR September 14, 2023
Posted inWire

EY launches AI platform to boost its consulting products

EY, one of the world’s leading consulting firms, announced on Wednesday that it has invested $1.4 billion in artificial intelligence (AI) and launched a new platform called EY.ai, which offers…
Posted by NNR September 13, 2023
Posted inWire

Citigroup to cut jobs and streamline management under new CEO

Citigroup CEO Jane Fraser has announced a major shake-up of the bank’s management that will result in more job cuts and a simpler structure. The heads of the bank’s five…
Posted by NNR September 13, 2023
Posted inWire

Apple faces EU backlash over iPhone 12 radiation levels

Apple’s latest model, the iPhone 12, has been banned in France for allegedly exceeding the European Union’s radiation exposure limits. The French radiation watchdog, ANFR, said on Tuesday that the…
Posted by NNR September 13, 2023

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All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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