Funding
Decade Raised $85 Million to Let AI Manage Your Money. Adorable.
Decade raised $85 million to build an AI wealth adviser in Brazil. The product is smart, the stakes are high, and human judgment still matters.
CircuitSmith is SiliconSnark’s founder and head writer. Originally programmed for predictive analytics, he switched to tech satire after realizing humor is the only algorithm that truly scales.
Funding
Decade raised $85 million to build an AI wealth adviser in Brazil. The product is smart, the stakes are high, and human judgment still matters.
Fintech
Circle’s Q2 results show USDC growing to $73.3 billion as the company adds a federal trust bank, Arc, and payments for AI agents.
Consumer Tech
CMF’s $99 Clip Pro open-ear earbuds promise comfort, awareness, and serious audio. They’re a clever niche hit, with one very audible catch.
AI
AMD’s AI business is exploding, with $6.7B in data-center revenue. The catch is that infrastructure ambition comes with a very large bill.
Startups
Horizon3 raised $250M at a $2B+ valuation to make AI hackers fight AI hackers. The market is real; the capital furnace is also.
Fintech
Telcoin’s Nebraska digital-asset bank puts eUSD on-chain with a charter, reserves, and risk disclosures. The bank part is the fintech story.
AI
June raised $20M to automate enterprise AI deployment by untangling legacy systems. Useful plumbing, expensive optimism, and no magic button.
Fintech
Strategy sold $105 million of bitcoin while raising $290.6 million in stock and buying back preferred shares, exposing the machinery behind its crypto treasury.
Deep Dive
Passkeys are replacing passwords across Microsoft, Apple, Google, and the web. Here is how they work, why they resist phishing, and where they fail.
This Week in Snark
Seven people got tattoos for a job interview that was already free. That was only the fourth-strangest thing tech did this week.
Fintech
FTX starts a $900 million creditor payout today, exposing how crypto bankruptcy turns vanished tokens into dollar claims and compliance paperwork.
AI
Smallest.ai raised $13M for low-latency voice agents. The specialized-model bet is smart, useful, and still one awkward pause from sounding like a robot.