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🔥 5 New Unicorns Join The Board And 5 Exit in October

Five new unicorns joined Crunchbase’s Unicorn Board in October, spanning sectors like AI, energy, fintech, and robotics. Notable companies include AI coding platform Poolside and energy startup Pacific Fusion, with a collective valuation exceeding $7 billion. Meanwhile, five companies exited the board, contributing to the overall growth, driven by major funding rounds, including OpenAI's $6.6 billion raise.

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🔥 5 New Unicorns Join The Board And 5 Exit in October

Five new unicorns joined Crunchbase’s Unicorn Board in October, spanning sectors like AI, energy, fintech, and robotics. Notable companies include AI coding platform Poolside and energy startup Pacific Fusion, with a collective valuation exceeding $7 billion. Meanwhile, five companies exited the board, contributing to the overall growth, driven by major funding rounds, including OpenAI's $6.6 billion raise.

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On Telegram’s website, it says that Pavel Durov “supports Telegram financially and ideologically while Nikolai (Duvov)’s input is technological.” Currently, the Telegram team is based in Dubai, having moved around from Berlin, London and Singapore after departing Russia. Meanwhile, the company which owns Telegram is registered in the British Virgin Islands. On Feb. 27, however, he admitted from his Russian-language account that "Telegram channels are increasingly becoming a source of unverified information related to Ukrainian events." Despite Telegram's origins, its approach to users' security has privacy advocates worried. Friday’s performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively. The Securities and Exchange Board of India (Sebi) had carried out a similar exercise in 2017 in a matter related to circulation of messages through WhatsApp.
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