Sam Altman’s fusion startup Helion Energy hits 150 million degree plasma temperature milestone

The Sam Altman–chaired Helion Energy fusion power developer announced a new milestone Feb. 13, achieving record plasma temperatures of 150 million degrees Celsius—10 times that of the sun’s core—as part…

Crypto startup Seismic raises $10 million to help fintechs protect customer data

As more and more fintech companies use crypto, they face one big challenge: blockchains are public. This creates a risk that customers’ sensitive financial data, like their salaries, or how…

Mastercard poised to acquire crypto startup Zerohash for nearly $2 billion, sources say

Mastercard has its sights on another crypto company. The payments goliath is said to be in late-stage talks to acquire the crypto and stablecoin infrastructure startup Zerohash for between $1.5…

Companies like OpenAI are sucking up power at a historic rate. One startup thinks it has found a way to take pressure off the grid

The numbers are nothing short of staggering. Take Sam Altman, Open AI’s CEO. He reportedly wants 250 gigawatts of new electricity—equal to about half of Europe’s all-time peak load—to run…

Crypto startup Nook raises $2.5 million from Coinbase Ventures, Defy.vc, and UDHC

Three former engineers at crypto exchange Coinbase left the company earlier this year to start their own venture. On Wednesday, the team announced its new project: a crypto savings app…

Exclusive: IT software startup NinjaOne raises $500 million led by CapitalG and Iconiq

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Hermès may be nearly 200 years old. But astronomical growth means it’s ‘an old lady with startup issues,’ its artistic director says

Hermès doesn’t belong in the world of speed and mass production. But that doesn’t mean it won’t change how it operates over time as startups do. Read More

Reactiv, mobile commerce startup, launches out of stealth with $5 million seed round

The rise of Shopify, based in Ottawa, Ontario, has boosted Canada’s tech scene in recent years. But what’s it actually like raising money for an early-stage startup in Canada these…

I’m leading a startup in my 60s despite being set for life. I’m not the only boomer wary of retirement

I have reached the age where reporters constantly ask me why I am still working after a long tenure as a serial tech entrepreneur, including founding and running The RealReal…

China economy: Startup scene is dead as investors pull out

The number of new companies that are started in China annually has collapsed as fundraising by Chinese venture capital firms has similarly imploded. A recent Financial Times report described a…