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Riot Platforms has used its massive Bitcoin stockpile as collateral to secure a $100 million credit facility from Coinbase as the cryptocurrency miner eyes continued expansion. The $100 million loan from Coinbase’s credit arm marks Riot’s “first Bitcoin-backed facility,” CEO Jason Les said in an April 23 statement.Les said the credit line will be used to fund general corporate operations and support the company’s “strategic growth initiatives.”Source: Riot PlatformsThe credit line is scheduled to mature in one year’s time, but could be extended for an additional year. The loan carries an annual interest payment of at least 9%, based on the…

Gemini, Google’s AI chatbot, had 350 million monthly active users around the globe as of March, according to internal data revealed in Google’s ongoing antitrust suit. The Information first reported the stat. Usage of Google’s AI offerings has exploded in the last year. Gemini had just 9 million daily active users in October 2024, but last month, the company reportedly logged 35 million daily active users, according to its data. Gemini still lags behind the industry’s most popular AI tools, however. Google estimates that ChatGPT had roughly 600 million monthly active users in March, according to the company’s data shown…

You’re not the only one thinking about where AI is headed. So why come alone? From now through May 4, buy your Early Bird ticket to TechCrunch Sessions: AI and save up to $210 — plus get 50% off a second ticket for your colleague, co-founder, collaborator, friend, or whoever you want to bring. It’s your opportunity to attend with someone who shares your curiosity for AI — and save big while doing it. Get you and your plus-one discounted tickets before the May 4 deadline. Here’s what you and your plus-one get You and your plus-one are in for…

Trump’s tariffs have upended global trade and created an environment of uncertainty. But this situation wasn’t created in a vacuum. The rules of business have been shifting for years as technology moves quicker than regulation, geopolitics descend into turmoil, and the law erodes and becomes weaponized.  Businesses might be asking themselves, how are they meant to keep their heads above water? And what can they do to fight back?   Hence AI co-founder Sean West has some answers. With a team spread across the U.K., Rwanda, the U.S., and the Netherlands, the London-based startup has raised $5.2 million to date with…

Introduction  In 2010, Awin recognized that integrating browser extensions with earlier funnel partners such as editorial or influencers can result in a more complex consumer journey. To ensure all publisher contributions were fairly accounted for, Awin helped develop the Internet Advertising Bureau (IAB) code of conduct for downloadable software.   This code of conduct forms part of our network guidelines.  Our Compliance team actively monitors all publisher activity against the Awin Code of Conduct to ensure compliant activity. We continue to support industry bodies with any required updates to this.  How does Awin work with browser extensions?  All publishers that offer…

Ethereum is entering one of its most precarious periods since its inception. Usage on the base layer is plummeting, core metrics are nearing multi-year lows, and even co-founder Vitalik Buterin is proposing a radical architectural overhaul. Institutions aren’t waiting to see how it plays out. Blockchain data shows that long-time supporters such as Galaxy Digital and Paradigm have been slashing their Ether (ETH) holdings in recent weeks. So far in April, Ethereum’s base-layer activity has continued to collapse. Ethereum’s network fees are dropping, and inflation has been rising. Though layer-2 networks continue to develop, they’re cannibalizing the base layer’s value capture.But the…

Khosla Ventures-backed Fireflies.ai, an AI-powered note-taking app, on Wednesday released a set of domain-specific “mini apps” to extract insights from meeting transcripts automatically. With the widespread availability of automatic speech recognition models and generative AI, meeting intelligence startups like Otter, Read AI, Circleback, Krisp, and Granola have registered impressive growth. Fireflies, similarly, has seen 8x expansion in terms of users and has achieved profitability, according to co-founder and CEO Krish Ramineni. To boost growth further, the startup is releasing over 200 mini apps within its platform for different roles and use cases, including sales, marketing, recruiting, operations and management, customer…

Marketing teams are under mounting pressure to deliver results on shrinking budgets, as economic uncertainty continues to put budgets under scrutiny. So, how can marketers prove the value of spending, especially on brand building, when leadership wants fast, low-cost wins? In the latest edition of Marketing Week’s webinar series The Lowdown, editor-in-chief Russell Parsons was joined by Jo McClintock, vice-president of brand and marketing at Trainline, Matt Knight, commercial director of Laithwaites Wine and Dan Roche, CMO of Workbooks CRM, to discuss how marketers can unlock more investment in brand. Here are some of the key takeaways. 1. Be hypothesis-led…

AI-generated code is no doubt changing how software is built, but it’s also introducing new security challenges. More than 50% of organizations encounter security issues with AI-produced code sometimes or frequently, according to a late 2023 survey by developer security platform Synk. For Endor Labs, that opportunity proved alluring enough that it chose to change course somewhat. Endor started off helping companies secure their open source package dependencies — in fact, it even raised a $70 million Series A round just two years ago to grow its developer pipeline governance service. But the startup’s co-founders, Varun Badhwar and Dimitri Stiliadis, saw…

In the latest development of a five-year long journey, Google has abandoned plans to introduce a third-party cookie opt-out option for users. Google has abandoned plans to introduce a new standalone button that would allow Chrome users to manage third-party cookie preferences, in a reversal of its long-running strategy to phase out the tracking technology. Announced in a blog post by vice-president of Google’s Privacy Sandbox, Anthony Chavez, the tech giant confirmed on Tuesday (22 April) that it will stick with its current cookie settings system and will not introduce the user choice prompt originally announced in July 2024. “We’ve…