Startup

Bloom, a Detroit startup, raised $3.6 million in seed funding to expand its AI-native marketplace for hardware supply chains.

Layer-1 blockchain Sui is launching Hashi, an institutional protocol that lets holders use bitcoin as collateral for lending without moving it off the Bitcoin network.

Veir has raised $110 million in Series C funding to commercialize superconducting power-delivery technology for AI data centers.

According to a Reuters report on October 8, and IT Home news on October 9, Elon Musk's aerospace company SpaceX has reached an agreement to acquire a portfolio of low-band spectrum licenses covering the entire United States for mobile communications.

OpenAI has told investors it now expects about $50bn in revenue this year, roughly $20bn less than the $70bn projection it circulated last month.