Search results for "DST"
07:36

AI coding startup Anysphere, supported by a16z, is negotiating a new round of financing with a valuation exceeding $18 billion.

Gate News bot news, the developer of the AI code editor Cursor, Anysphere, is in discussions with investors for a new round of financing, with the company's valuation expected to be between $18 billion and $20 billion. Previously, Anysphere completed a round of financing of $900 million earlier this month, reaching a valuation of $9.9 billion. This round of financing was led by Thrive Capital, with participation from Andreessen Horowitz (a16z), Accel, and DST Global.
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01:38

Ripple partner Airwallex completes $300 million Series F financing, with participation from DST Global and others.

Ripple partner Airwallex completes $300 million Series F funding, achieving a valuation of $6.2 billion. Airwallex joined RippleNet in 2017 and has made progress in modernizing global payments. The company has raised a total of $1.2 billion, attracting investments from Square Peg, DST Global, and others. Its commercial Blockchain provides customers with a unique global payment experience, allowing merchants to securely access a variety of payment methods.
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09:45
According to IT Orange, marketing service provider Connectly.ai raised $18 million in Series A financing, led by Volpe Capital, with participation from DST Global and RX Ventures. Connectly.ai focuses on simplifying business users and turning customer information into a data process, allowing businesses to create and deliver interactive and personalized marketing campaigns at scale with AI-powered mini-bots.
02:38
According to a TechCrunch report on August 4, the educational technology unicorn company GoStudent completed a $95 million strategic financing, with participation from Deutsche Bank, Left Lane Capital, DN Capital, Tencent, Prosus, DST, Coatue and SoftBank Vision Fund 2. According to reports, the financing includes equity and debt capital. To date, the company has raised $686.3 million at a valuation of around €3 billion. It is reported that the financing will be used to "provide enhanced blended learning solutions for the DACH region." In layman's terms, this means more support for online and offline education, and expanded use of GoVR, GoStudent's new virtual reality language learning platform. Additionally, the company said it has an "artificial intelligence vision" and plans to "prioritize the creation of AI-powered tools." The company currently has about 23,000 tutors on its platform and will develop an "AI lesson plan generator" trained on local curricula.
06:46
According to the "Kechuangban Daily" report on August 1, several AIGC-related apps, including Xunfei Spark, were removed from the Apple App Store in the early hours of this morning. A reporter from the "Science and Technology Board Daily" learned from an authoritative person close to the regulatory department that the main reason for the removal of relevant apps is the "Interim Measures for the Management of Generative Artificial Intelligence Services" that will be implemented on August 15. The use links are not standardized enough, and it will take some time to put them on the shelves again. According to the Apple review information received by relevant App developers, Deep Synthesis Technology (DST) and generative artificial intelligence services (including ChatGPT) have corresponding regulatory measures, and DST must meet the licensing requirements for operating in China, including obtaining a license. According to the review, the removed app was related to ChatGPT, but did not obtain the required license to operate in China.
13:13
Jinse Finance reported that Xapo Bank, a Gibraltar-based cryptocurrency bank backed by SoftBank, DST Global and Ribbit Capital, announced that it will expand its business to India, the most populous country in the world.
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