AI & RoboticsNews

AI infrastructure major VAST Data’s valuation surges to over $9B after fresh funding

VAST Data, the technology company creating an infrastructure layer for the age of AI, today announced it has raised $118 million in a series E round of funding. The round was led by Fidelity Management & Research Company. The investment, which also saw the participation of New Enterprise Associates (NEA), BOND Capital and Drive Capital, has grown the valuation of the seven-year-old company…
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CryptoNews

Blackrock's Spot Bitcoin ETF Filing Update Addresses Potential Classification of BTC as a Security by SEC – Regulation Bitcoin News

Blackrock, the world’s largest asset manager, has warned in its latest spot bitcoin exchange-traded fund (ETF) filing update of the potential for bitcoin to be classified as a security by the U.S. Securities and Exchange Commission (SEC), state regulators, or court rulings. “If a digital asset is determined or asserted to be a security, it is likely to become difficult or impossible for the…
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Cleantech & EV'sNews

Quick Charge Podcast: December 6, 2023

Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on…
Cleantech & EV'sNews

A Las Vegas-LA electric high-speed rail line just got $3B to break ground

Brightline West, a future electric high-speed rail line between Las Vegas and Los Angeles, is being awarded $3 billion by the Biden administration. The $3 billion in funding, part of $6 billion previously earmarked for high-speed rail, has come from the Biden administration’s Bipartisan Infrastructure Law as part of its Federal-State Partnership Program. (The other $3 billion will go to the…
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CryptoNews

Binance and CZ Settle With the DOJ and Other Federal Agencies – Legal Bitcoin News

On November 21, 2023, the Commodity Futures Trading Commission (CFTC), the Department of Treasury’s Finance Crimes Enforcement Network (FinCEN), its Office of Foreign Assets Control (OFAC), and the Department of Justice (DOJ) all settled charges against Binance, the world’s largest cryptocurrency exchange, and its Chief Operating Officer, Changpeng Zhao (CZ). The settlement concerned a variety…
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