Category Archives: Tech

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Robinhood’s $200 million Bitstamp deal takes it beyond retail trading

Posted on June 2, 2025 by Techme101

Robinhood will keep Bitstamp’s operations intact for now, using the exchange for smart order routing and expanding its presence across Europe, the UK, and Asia.

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Snowflake to buy database startup Crunchy Data for about $250 million

Posted on June 2, 2025 by Techme101

Snowflake will pay about $250 million, a person familiar with the matter told CNBC.

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Snowflake to acquire database startup Crunchy Data

Posted on June 2, 2025 by Techme101

The surge in data company acquisitions continued Monday with Snowflake’s purchase of Crunchy Data. Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner, late this afternoon. A source familiar with the matter estimated the … Continue reading →

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Microsoft Bing gets a free Sora-powered AI video generator

Posted on June 2, 2025 by Techme101

Microsoft Bing announced today that it is introducing the Bing Video Creator to its app, which uses OpenAI’s Sora model to let users generate videos from text prompts. OpenAI, which has a longstanding partnership with Microsoft, has locked down access … Continue reading →

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Elon Musk’s Neuralink raises $650 million in fresh capital

Posted on June 2, 2025 by Techme101

Neuralink is building a brain-computer interface, or a BCI, which is a system that translates brain signals into commands for external technologies.

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Chatbot platform Character.AI unveils video generation, social feeds

Posted on June 2, 2025 by Techme101

A platform for chatting and roleplaying with AI-generated characters, Character.AI announced on Monday that it is rolling out a slate of multimedia features. These features include AvatarFX, Character.AI’s video-generation model, plus Scenes and Streams, which allow users to use these … Continue reading →

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Digg’s founders explain how they’re building a site for humans in the AI era

Posted on June 2, 2025 by Techme101

The rebooted version of social site Digg aims to bring back the spirit of the old web.

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Chime, last valued at $25B, aims for $11B in upcoming IPO

Posted on June 2, 2025 by Techme101

Chime, whose pending IPO is expected to be one of 2025’s blockbuster hits, issued a share price range on Monday of $24 to $26. That’s an up-to-$11.2-billion market cap. At the mid-range, the company will raise $800 million for itself … Continue reading →

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Salesforce buys Moonhub, a startup building AI tools for hiring

Posted on June 2, 2025 by Techme101

Salesforce has quietly snapped up Moonhub, a startup building AI to vet and hire talent. The terms of the deal weren’t disclosed. In a post on Moonhub’s website on Monday, the company said that its entire Menlo Park, California-based team … Continue reading →

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Elon Musk’s xAI reportedly looks to raise $300M in tender offer

Posted on June 2, 2025 by Techme101

Billionaire Elon Musk’s AI startup, xAI, is reportedly launching a $300 million share sale that values the company at $113 billion. The secondary stock offering, which comes after xAI acquired Musk’s social media platform, X, for $33 billion, will allow … Continue reading →

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