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Thursday, July 31, 2025

Stable, which is building a new Layer 1 blockchain for stablecoins, raised a $28M seed co-led by Bitfinex and Hack VC (Yogita Khatri/The Block)

Yogita Khatri / The Block:
Stable, which is building a new Layer 1 blockchain for stablecoins, raised a $28M seed co-led by Bitfinex and Hack VC  —  - Stable has raised $28 million in a seed round co-led by Bitfinex and Hack VC to build a Tether-focused Layer 1 blockchain for payments.

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Roblox reports Q2 revenue up 21% YoY to ~$1B, Bookings up 51% YoY to ~$1.4B, above $1.24B est., and DAUs up 41% YoY to 111.8M, above 106M est.; RBLX jumps 15%+ (Chris Eudaily/CNBC)

Chris Eudaily / CNBC:
Roblox reports Q2 revenue up 21% YoY to ~$1B, Bookings up 51% YoY to ~$1.4B, above $1.24B est., and DAUs up 41% YoY to 111.8M, above 106M est.; RBLX jumps 15%+  —  Roblox stock soared 16% Thursday after the company reported second-quarter revenue that beat expectations amid strong user growth.

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Profiles of OpenAI's heads of research Mark Chen and Jakub Pachocki, where they discuss the path toward more capable reasoning models and superalignment (Will Douglas Heaven/MIT Technology Review)

Will Douglas Heaven / MIT Technology Review:
Profiles of OpenAI's heads of research Mark Chen and Jakub Pachocki, where they discuss the path toward more capable reasoning models and superalignment  —  For the past couple of years, OpenAI has felt like a one-man brand.  With his showbiz style and fundraising glitz …

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Anaconda, which provides AI development tools for developers and data scientists, raised $150M+ led by Insight Partners, source says at a $1.5B valuation (Katie Roof/Bloomberg)

Katie Roof / Bloomberg:
Anaconda, which provides AI development tools for developers and data scientists, raised $150M+ led by Insight Partners, source says at a $1.5B valuation  —  Artificial intelligence startup Anaconda Inc. has raised a new funding round that values the company at $1.5 billion, according to a person familiar with the matter.

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Safe Security, formerly Lucideus, which quantifies cyber risk using ML, raised a $70M Series C led by Avataar Ventures, bringing its total funding to $170M+ (Shashank Pathak/Entrackr)

Shashank Pathak / Entrackr:
Safe Security, formerly Lucideus, which quantifies cyber risk using ML, raised a $70M Series C led by Avataar Ventures, bringing its total funding to $170M+  —  Cybersecurity startup Safe Security, previously known as Lucideus, has secured $70 million in a Series C round, led bybAvataar Ventures.

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