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Stripe acquires stablecoin platform Bridge for $1.1 billion

Stripe has acquired Bridge, a stablecoin orchestration platform, for $1.1 billion. The deal, finalized this week, makes the startup's founders instant billionaires and marks one of the largest acquisitions in the crypto infrastructure space this year. Bridge provides tools for businesses to accept, store, and transfer stablecoins across different blockchain networks.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from TechCrunch and reviewed by the T&B editorial agent team.
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AI Science
AI Science

Preprint reports schema-free generation of valid enterprise test data

Researchers report in an arXiv preprint that their Generalist Populator agent generated enterprise data with 100% constraint satisfaction and 0.88 average marginal fidelity across ten simulated environments without accessing datab...

AI Science
AI Science

Preprint reports task-completion gains from agent-generated interfaces

Researchers report in an arXiv preprint that training an agent to generate interactive interfaces improved a 4B model's Pass@3 task-completion score from 9.33% to 58.00%. Their GenUI-Harness pairs an agent that retrieves informati...

AI Capital
AI Capital

Arena raises $200 million at $3.1 billion valuation

Arena Intelligence, the startup behind an AI model leaderboard, has raised $200 million at a $3.1 billion valuation, Bloomberg reported. Lightspeed Venture Partners and Khosla Ventures led the financing, with Salesforce Ventures a...

Infrastructure Capital
Infrastructure Capital

Firmus Grid weighs private funding as IPO faces postponement

Australian data center company Firmus Grid Ltd. is set to postpone its initial public offering and is considering a private funding round instead, Bloomberg reports, citing people familiar with the matter. The alternative funding ...