Arbitrum Awards Biggest-Ever Foundation Grant to Lotte, the South Korean Megacorp

Arbitrum, the largest layer-2 network on top of Ethereum, has awarded its biggest-ever developer grant to Lotte Group, the multibillion-dollar South Korean conglomerate known for its vast portfolio of shopping malls, media companies and entertainment properties. According to Offchain Labs, the developer behind Arbitrum, the grant cements Arbitrum as the main blockchain infrastructure provider for … Read more

Anthropic reportedly in talks to raise $2B at $60B valuation, led by Lightspeed

OpenAI rival Anthropic is in talks to raise $2 billion in new capital in a funding round led by Lightspeed Venture Partners, according to The Wall Street Journal. The round, which The Journal reports would value Anthropic at $60 billion, would bring Anthropic’s total raised to $15.7 billion, going by Crunchbase’s data. It would also … Read more

Xpeng Aero HT unveils ‘flying car’ that’s part-van, part-eVTOL at CES 2025

Xpeng Aero HT, the aerospace company under Chinese EV startup Xpeng, unveiled at CES 2025 its “modular flying car,” the so-called Land Aircraft Carrie. It’s ssentially an electric minivan with a small folding eVTOL (vertical takeoff and landing vehicle) tucked in the back, which can be rolled out and launched into flight.  The company says … Read more