Kyt Dotson, Author at SiliconANGLE

Blockchain

Movement Labs layer 2 Ethereum blockchain reportedly seeks $100M raise at $3B valuation

By Kyt Dotson Jan 8, 2025

Movement Labs, the developer of a layer 2 blockchain for Ethereum based on Facebook’s Move language virtual machine, is reportedly raising $100 million in a Series B round that will value the company at…

Blockchain

Gemini crypto exchange agrees to pay $5M settlement to CFTC

By Kyt Dotson Jan 7, 2025

The Gemini Trust Co. LLC, the New York-based cryptocurrency exchange founded by the Winklevoss twins in 2014, has agreed to pay a $5 million civil penalty to settle a lawsuit filed by the U.S.…

Apps

Getty announces plans to merge with Shutterstock in $3.7B deal

By Kyt Dotson Jan 7, 2025

Visual media giants Getty Images Holdings Inc. and Shutterstock Inc. today announced a deal to merge into a single visual content company with a value of about $3.7 billion. The combined company will retain…

AI

Nvidia launches new AI development tools for autonomous robots and vehicles

By Kyt Dotson Jan 6, 2025

Nvidia Corp. today announced the launch of new tools that will advance the development of physical artificial intelligence models, such as models that power self-driving cars, warehouse and humanoid robots. World foundation models, or…

Infra

Digital Edge raises $1.6B to fund Asian data center expansion

By Kyt Dotson Jan 6, 2025

Digital Edge Holdings Pte Ltd., a hyperscale data center developer and operator backed by private equity firm Stonepeak Infrastructure Partners, today announced it has secured over $1.6 billion to fund an expansion across Asia.…

AI

Rembrand raises $23M for AI-powered product placement in videos

By Kyt Dotson Jan 2, 2025

Artificial intelligence media company Rembrand, which uses AI-powered technology to place virtual objects in video content for brand marketing, said today it has raised $23 million in new funding to expand from social media…

Apps

Axonator launches no-code platform to help businesses create custom apps

By Kyt Dotson Jan 1, 2025

Axonator Inc., the developer of a platform that allows companies to build custom mobile applications for automating workflows, today announced it has launched what it calls a “DIY” platform for nontechnical users to create…

AI

AI-powered mineral exploration company KoBold Metals raises $527M

By Kyt Dotson Jan 1, 2025

KoBold Metals, a Berkeley, California-based startup that specializes in using artificial intelligence to discover new deposits of metals critical for batteries and renewable energy, said today it has raised $527 million in equity funding.…

Emerging Tech

Qolab raises $16M to advance practical superconducting quantum computing

By Kyt Dotson Dec 31, 2024

Qolab Inc., a quantum computing company, said on Monday it has raised more than $16 million in early-stage funding in what the company says is a significant step in its mission to develop utility-scale…

Emerging Tech

Samsung invests $180M+ in Rainbow Robotics to become largest shareholder

By Kyt Dotson Dec 31, 2024

Samsung Electronics Co. Ltd. announced today that it will become the largest shareholder in Rainbow Robotics Inc., a South Korean robot maker, by increasing its stake in the company to 35% by spending more than…

Kyt Dotson

Movement Labs layer 2 Ethereum blockchain reportedly seeks $100M raise at $3B valuation

Gemini crypto exchange agrees to pay $5M settlement to CFTC

Getty announces plans to merge with Shutterstock in $3.7B deal

Nvidia launches new AI development tools for autonomous robots and vehicles

Rembrand raises $23M for AI-powered product placement in videos

Axonator launches no-code platform to help businesses create custom apps

AI-powered mineral exploration company KoBold Metals raises $527M

Qolab raises $16M to advance practical superconducting quantum computing

Samsung invests $180M+ in Rainbow Robotics to become largest shareholder

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