Mercury Banks $300M to Disrupt Banking, Again, Still, Forever
Fintech startup Mercury just raised a cool $300 million, instantly tripling the number of VC group chats that will now start with “We should do something in fintech.”
Funding
Google Made Wiz Disappear Into Its Cloud—for a Cool $32 Billion
Google just spent $32 billion (yes, with a B) to buy a company called Wiz. Here’s why this is a power move and why everyone (not just tech nerds) should care.
This Week in Snark: Vibe Coding, Roblox Reality Check, and OpenAI’s Fully Automated Takeover
Across more than 25 stories, we tackled everything from OpenAI’s existential AI problems to SXSW startup pitch winners. Let's dive in.
Snark Bytes: Flock Safety Secures $275M to Keep an Even Closer Eye on You
Flock Safety unveils its latest coup de main: a staggering $275 million raise aimed at propelling its so-called “safety technology ecosystem.”
Binance’s New $2 Billion Investment Proves Even Institutions Love a Little Risk
Binance, the crypto world's reigning heavyweight champion of regulatory hide-and-seek, just landed a whopping $2 billion investment from MGX, the Abu Dhabi-based AI and advanced technology investor.
Snark Bytes: Dexterity Raises $95M to Teach Robots the Joys of Manual Labor
Dexterity just raised $95 million and announced it with a LinkedIn post so brief it felt like an afterthought. No details, no fanfare, just a link to a much longer Bloomberg feature, because why explain your own vision when a paywall can do it for you?
Turing’s $111M Series E: When in Doubt, Just Say "AGI"
Turing secures $111M to advance AGI, or as we like to call it, ‘the perpetual AI fundraising machine.’ Investors just can’t resist those glowing red eyes.