AI Startup Perplexity Scores $1B+ Valuation
Perplexity AI, the barely two-year-old 55-person startup developing an AI-powered search engine to rival Google (Nasdaq: GOOG), has secured approximately $63 million in a new funding round, doubling its valuation to over $1 billion in just three months. The round was led by investor Daniel Gross, with participation from notable figures like billionaire Stanley Druckenmiller, […]
Cytophage To Focus On Commercialization Efforts In 2024
Cytophage Technologies (TSXV: CYTO) has filed its fiscal 2023 results, providing a recap on a successful year in terms of corporate development while providing an outline of where the company is headed in 2024.
Golden Cariboo Intersects 2.77 g/t Gold Over 6.25 Metres In Latest Results
Golden Cariboo Resources (CSE: GCC) has released the final assay results from hole QGQ23-04, which was conducted at its flagship Quesnelle Gold Quartz mine late last year.
NexGen To Raise C$180 Million In Australia To Improve ASX-Listing Liquidity
NexGen Energy (TSX: NXE) is aiming to raise hundreds of millions of dollars while the market for uranium remains hot. The company this morning entered into a placement agreement in Australia to raise $180 million in gross proceeds via the sale of shares. The financing will see the company sell a total of 16.1 million […]
Cameco Shares Drop On Reported $7 Million Net Loss In Q1 2024
Cameco (TSX: CC0) has released its consolidated financial and operational results for the first quarter ending March 31, 2024, top lined by quarterly revenue of $634 million, an 8% drop from Q1 2023’s $687 million. According to CEO Tim Gitzel, the first quarter showcased robust operational performance across uranium, fuel services, and Westinghouse segments. Gitzel […]
ATHA Energy Set To Begin 10,000 Metre Drill Program At Angilak In June
The supply and delivery of exploration equipment has been completed by Atha Energy (CSE: SASK) in advance of a planned drill program that is to take place at its Angilak Project in Nunavut. The program, set to take part in two stages, is to begin in June.
PayPal Removes NFTs from Purchase Protection and Seller Protection Programs
Beginning May 20th of this year, PayPal (Nasdaq: PYPL) will remove non-fungible tokens (NFTs) from its Purchase Protection and Seller Protection Programs, the payment service giant announced in a policy update. This will leave those selling and buying NFTs without safeguards against fraudulent transactions and chargebacks. The move has been called ‘surprising’ by some crypto […]
Russell Brand Changes Religion To Promote Religious App
Russell Brand, the comedian who over the last few years turned into a far right political influencer through his conspiracy theory podcast, has made the decision to become Catholic…months after the Catholic prayer app Hallow started advertising on his platform. Brand announced his decision to get baptized on X on Friday, telling people he’s “taking […]
Chinese Banks Have A Sanctions Problem Coming
The escalating tension between the United States and Russia is now casting a shadow over China’s banking sector. Amidst the fallout from Washington’s sanctions on Moscow, Chinese banks are grappling with the possibility of being ensnared in the crossfire. Since Russia’s incursion into Ukraine in 2022, the U.S. has steadily tightened its sanctions grip on […]
Why TikTok Will Likely Be Banned — And Not Sold — In The US
The United States is giving ByteDance, the Chinese owner of TikTok, a stark choice — divest the popular video app within 270 days or face an outright ban in the US. The measure, which President Joe Biden signed into law on Tuesday, escalates the pressure on TikTok over fears that user data could be exploited […]