Articles Tagged "Venture Capital"

VideoVerse's $250M Exit Collapsed Into Fraud Suits

VideoVerse's $250M Exit Collapsed Into Fraud Suits

Minute Media's purchase of AI video startup VideoVerse fell apart after the deal closed, and three separate Delaware lawsuits now accuse founder Vinayak Shrivastav of forging signatures to extract tens of millions.

Nous Research Talks Put Open-Source Hermes at $1.5B

Nous Research Talks Put Open-Source Hermes at $1.5B

Nous Research is finalizing a round led by Robot Ventures and USV that would value the open-source Hermes agent maker at $1.5 billion, built on a training network that skips traditional data centers entirely.