Crypto startup Plasma has successfully raised $20 million in a funding round. The funds will be used to develop a Bitcoin-based blockchain specifically for stablecoins. What Happened: The fundraising ...

Atai bought another 619,095 Compass Pathways shares in recent days, taking its stake in the company from 19.4% to 20.8%. The new shares were bought at around $31 each, meaning Atai paid around $12 ...

Thiel co-founded software company Confinity with Max Levchin and Luke Nosek. The company would later merge with Elon Musk's X.com and become PayPal. Prior to the company's merger and eventual IPO ...

Peter Thiel is a legendary personality in the tech space. He's a cofounder of PayPal and Palantir, and was one of Facebook's ...

Peter Thiel’s hedge fund, Thiel Macro, revealed in a regulatory filing late last week that it sold its entire stake in AI ...

Plasma, a blockchain focusing on stablecoins funded by billionaire investor Peter Thiel, launched its mainnet in beta on Sept. 25 and surprised early supporters by airdropping tokens. The company told ...

This week saw raises in DeFi and privacy sectors. Crypto firms on track to raise $25 billion this year. Robinhood, Peter Thiel’s Founders Fund, a16z among biggest investors this week.

Jeff Bezos to lead new AI startup. Amazon founder Jeff Bezos is reportedly set to take up a CEO role at a new AI startup ...

Defense manufacturing startup Hadrian on Thursday announced the closing of $260 million Series C funding round led by Peter Thiel's Founders Fund and Lux Capital. The machine parts company said it ...