Chime, last valued at $25B, aims for $11B in upcoming IPO

Chime, last valued at B, aims for B in upcoming IPO | TechCrunch

Chime, last valued at $25B, aims for $11B in upcoming IPO | TechCrunch

Tech-news Chime, IPO June 3, 2025

Chime, whose pending IPO is expected to be one of 2025’s blockbuster hits, issued a share price range on Monday of $24 to $26.

That a market cap of up to $11.2 billion. At the midrange, the company will raise $800 million for itself and a handful of investors, including European VC powerhouse Cathay Innovation, who plan to sell some shares in the IPO.

Even in these slow IPO times, this wouldn’t be the biggest IPO of 2025. CoreWeave, which raised $1.5 billion and was valued at $23 billion, holds that title. This, even though CoreWeave had hoped for far more from its IPO.

Still, Chime’s IPO is one to watch given that the company is reporting fast revenue growth and falling expenses. It reported $1.3 billion in revenue in 2023 and $1.7 billion in 2024 — and it has already booked over $518 million in the first quarter of 2025. Losses shrank from $203 million in 2023 to $25 million in 2024.

The only black eye for Chime is that its last known private valuation was $25 billion, according to PitchBook’s estimates, far higher than this target. But that doesn’t mean much. If investors are hot for this stock, it will price its IPO above the target range. And if retail investors want it on its first day of trading, its valuation will pop from there.

And there’s at least one strong indication that insiders think it will do that: Even with the thirst for liquidity in venture these days, aside from Cathay, Chime’s largest shareholders are not, at this juncture, selling, according to its latest filing. We’ll see if another filing reveals more insider sales. But other major investors that are holding their stakes include billionaire Yuri Milner’s DST Global, Michael Stark’s Crosslink Capital, and billionaire Len Blavatnik’s Access Industries, as well as VC firms General Atlantic, Menlo Ventures (led by board member Shawn Carolan), and Iconiq, according to the paperwork.

The IPO is currently expected to happen sometime during the week of June 9.

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कैंसर से जूझ रहे टीवी एक्टर विभु राघव का निधन: दोस्तों ने इलाज के लिए जुटाया था फंड, करण वीर और अदिति मलिक ने जताया शोक

Bitcoin Could Go ‘Bananas’ If Price Closes Above This Level, Top Analyst Says

announced the India price and availability of the ASUS Pad, its latest premium Android tablet. The device, which was first unveiled at Computex 2026, will go on sale in the country from August 6. It comes with a 12.2-inch 2.8K OLED display, MediaTek Dimensity 8300 chipset, and a 9,000mAh battery.

Asus Pad Specifications

ASUS has given the Pad a 12.2-inch 2.8K dual-layer OLED display and delivers up to 2,000 nits of peak brightness. The display also covers 100% of the DCI-P3 color space. TUV Low Blue Light certification helps improve viewing comfort, and ASUS Pen 2.0 is supported for writing and drawing. The tablet has a 6.5mm slim profile and weighs 523g. Buyers also get a protective folio case in the box.

The ASUS Pad is powered by the MediaTek Dimensity 8300 chipset. It pairs the processor with 8GB of LPDDR5X RAM for smooth everyday performance. The device can be bought with 128GB and 256GB of UFS 3.1 storage. However, the storage can still be increased through the use of a microSD card up to 1 TB. ASUS uses the MediaTek Dimensity 8300 chipset to power the tablet for performance. The device runs Android 16, has 8GB of LPDDR5X RAM, and comes in 128GB and 256GB UFS 3.1 storage variants. It also supports storage expansion of up to 1TB via a microSD card.

ASUS includes a 9,000mAh battery with 45W fast charging support. The company says the battery reaches 50 percent charge in about 30 minutes. The tablet also offers a 13MP rear camera and a 5MP front camera that supports face unlock. Wi-Fi 6E, Bluetooth 5.3, and a USB Type-C port handle connectivity. It also features an accelerometer, gyroscope, ambient light sensor, and hall sensor. For audio, ASUS has included a quad-speaker setup with Dolby Atmos 360-degree cinematic sound. The tablet also comes with GlideX for sharing files across Windows, macOS, Android, and iOS devices. GlideX supports both wired and wireless connections. These features can make the tablet suitable for entertainment, learning, productivity, and creative work.

ASUS Pad Price, Variants, and Availability

ASUS has launched the Pad in two storage variants in India. It is available in the 8GB+128GB variant for Rs. 45,990 and in the 8GB+256GB variant for Rs. 49,990. It will be available for purchase from August 6 on the following platforms: Flipkart, ASUS eShop, ASUS & ROG Stores, Reliance Digital, and authorized retailers. ASUS is also providing up to 12 months of No Cost EMI at Rs. 3,833/month.

#ASUS #Pad #Arrives #India #Starting #Premium #OLED #DisplayAsus">

mwasimuddin125 0

announced the India price and availability of the ASUS Pad, its latest premium Android tablet. The device, which was first unveiled at Computex 2026, will go on sale in the country from August 6. It comes with a 12.2-inch 2.8K OLED display, MediaTek Dimensity 8300 chipset, and a 9,000mAh battery.

Asus Pad Specifications

ASUS Pad Price, Variants, and Availability

#ASUS #Pad #Arrives #India #Starting #Premium #OLED #DisplayAsus">ASUS Pad Arrives in India Starting at Rs 45,990 With Premium OLED Display

ASUS has announced the India price and availability of the ASUS Pad, its latest premium Android tablet. The device, which was first unveiled at Computex 2026, will go on sale in the country from August 6. It comes with a 12.2-inch 2.8K OLED display, MediaTek Dimensity 8300 chipset, and a 9,000mAh battery.

Asus Pad Specifications

ASUS Pad Price, Variants, and Availability

#ASUS #Pad #Arrives #India #Starting #Premium #OLED #DisplayAsus

The Robot Revolution Gets Its Own Juicero
The price of eggs has become a marker of the state of the economy. But how about the cost of making eggs? Sure, you might be able to do it for next to nothing in your kitchen with nothing but a pan and a burner. But you could also pay 0 for a robot that will do it for you—as long as you don’t want your eggs scrambled, that is. A new Kickstarter project has finally given us a Juicero for the robotics era, and it’s called E.G.O.R. (that’s Efficient Gastronomic Operational Robot), brought to you by the startup Cheffy. It’s an automated egg maker that promises perfect cracks every time with no shell in the yolk. It has seven different ways that it can cook them up for you, or you can just use it to do the cracking. You can also pair it with a toaster so your eggs and toast finish at the exact right time. NEW: Cheffy just launched a robot that cracks and cooks your eggs. Egor automates breakfast by cooking eggs 7 ways, while Toastr syncs your toast so everything finishes together. -Automatically cracks eggs with no shells or mess-Cooks eggs 7 ways, from sunny-side up to hard… pic.twitter.com/auE3SnfrS3 — Ritwik Pavan (@ritwikpavan) July 30, 2026 This isn’t something anyone really needs. Cooking an egg over easy takes about two minutes, so calling this a time-saver is a stretch. And if you really don’t want to use the stove, you can buy a basic egg cooker for around almost anywhere. Maybe you’re bad at cracking eggs, but 0 (well, 0 if you get in on the early bird deal) is a lot to pay to not have to pick the occasional shell pieces out.

But hey, the robotics era needed its Juicero moment. To the creator’s credit: it seems like they’re treating this more like a fun novelty (albeit a pretty pricey one) rather than something revolutionary. They also aren’t making you buy proprietary eggs that are required to make the machine work, so they’ve got the Juicero bros beat there.

We’re increasingly seeing robots positioned to do basic tasks. A company called Weave got attention earlier this year with an ,000 robot that folds clothes. There’s a company in San Francisco offering house cleanings performed by humanoid robots. Last year, 1x made waves by introducing its Neo humanoid robot, which the Wall Street Journal reported “nearly toppled over” while closing a dishwasher and struggled to open the refrigerator. All of these machines cost an inordinate amount of money to do things that do not cost the average person that much time or money to accomplish. They’re novel, sure. But you don’t have to pay a premium to be a beta tester. #Robot #Revolution #Juiceroartifical intelligence,automation,Robotics

mwasimuddin125 0

The price of eggs has become a marker of the state of the economy. But how about the cost of making eggs? Sure, you might be able to do it for next to nothing in your kitchen with nothing but a pan and a burner. But you could also pay $400 for a robot that will do it for you—as long as you don’t want your eggs scrambled, that is.

A new Kickstarter project has finally given us a Juicero for the robotics era, and it’s called E.G.O.R. (that’s Efficient Gastronomic Operational Robot), brought to you by the startup Cheffy. It’s an automated egg maker that promises perfect cracks every time with no shell in the yolk. It has seven different ways that it can cook them up for you, or you can just use it to do the cracking. You can also pair it with a toaster so your eggs and toast finish at the exact right time.

NEW: Cheffy just launched a robot that cracks and cooks your eggs.

Egor automates breakfast by cooking eggs 7 ways, while Toastr syncs your toast so everything finishes together.

-Automatically cracks eggs with no shells or mess
-Cooks eggs 7 ways, from sunny-side up to hard… pic.twitter.com/auE3SnfrS3

— Ritwik Pavan (@ritwikpavan) July 30, 2026

This isn’t something anyone really needs. Cooking an egg over easy takes about two minutes, so calling this a time-saver is a stretch. And if you really don’t want to use the stove, you can buy a basic egg cooker for around $20 almost anywhere. Maybe you’re bad at cracking eggs, but $400 (well, $200 if you get in on the early bird deal) is a lot to pay to not have to pick the occasional shell pieces out.

But hey, the robotics era needed its Juicero moment. To the creator’s credit: it seems like they’re treating this more like a fun novelty (albeit a pretty pricey one) rather than something revolutionary. They also aren’t making you buy proprietary eggs that are required to make the machine work, so they’ve got the Juicero bros beat there.

We’re increasingly seeing robots positioned to do basic tasks. A company called Weave got attention earlier this year with an $8,000 robot that folds clothes. There’s a company in San Francisco offering house cleanings performed by humanoid robots. Last year, 1x made waves by introducing its Neo humanoid robot, which the Wall Street Journal reported “nearly toppled over” while closing a dishwasher and struggled to open the refrigerator.

All of these machines cost an inordinate amount of money to do things that do not cost the average person that much time or money to accomplish. They’re novel, sure. But you don’t have to pay a premium to be a beta tester.

#Robot #Revolution #Juiceroartifical intelligence,automation,Robotics">The Robot Revolution Gets Its Own Juicero

The price of eggs has become a marker of the state of the economy. But how about the cost of making eggs? Sure, you might be able to do it for next to nothing in your kitchen with nothing but a pan and a burner. But you could also pay $400 for a robot that will do it for you—as long as you don’t want your eggs scrambled, that is.

A new Kickstarter project has finally given us a Juicero for the robotics era, and it’s called E.G.O.R. (that’s Efficient Gastronomic Operational Robot), brought to you by the startup Cheffy. It’s an automated egg maker that promises perfect cracks every time with no shell in the yolk. It has seven different ways that it can cook them up for you, or you can just use it to do the cracking. You can also pair it with a toaster so your eggs and toast finish at the exact right time.

NEW: Cheffy just launched a robot that cracks and cooks your eggs.

Egor automates breakfast by cooking eggs 7 ways, while Toastr syncs your toast so everything finishes together.

-Automatically cracks eggs with no shells or mess
-Cooks eggs 7 ways, from sunny-side up to hard… pic.twitter.com/auE3SnfrS3

— Ritwik Pavan (@ritwikpavan) July 30, 2026

This isn’t something anyone really needs. Cooking an egg over easy takes about two minutes, so calling this a time-saver is a stretch. And if you really don’t want to use the stove, you can buy a basic egg cooker for around $20 almost anywhere. Maybe you’re bad at cracking eggs, but $400 (well, $200 if you get in on the early bird deal) is a lot to pay to not have to pick the occasional shell pieces out.

But hey, the robotics era needed its Juicero moment. To the creator’s credit: it seems like they’re treating this more like a fun novelty (albeit a pretty pricey one) rather than something revolutionary. They also aren’t making you buy proprietary eggs that are required to make the machine work, so they’ve got the Juicero bros beat there.

We’re increasingly seeing robots positioned to do basic tasks. A company called Weave got attention earlier this year with an $8,000 robot that folds clothes. There’s a company in San Francisco offering house cleanings performed by humanoid robots. Last year, 1x made waves by introducing its Neo humanoid robot, which the Wall Street Journal reported “nearly toppled over” while closing a dishwasher and struggled to open the refrigerator.

All of these machines cost an inordinate amount of money to do things that do not cost the average person that much time or money to accomplish. They’re novel, sure. But you don’t have to pay a premium to be a beta tester.

#Robot #Revolution #Juiceroartifical intelligence,automation,Robotics

The prevailing narrative in Silicon Valley is that Chinese AI models like Kimi K3 and DeepSeek R1 came out of nowhere. But the truth is that even if you never travel to China, there’s an easy way to get a sense of what Chinese AI researchers are up to: log on to X.

In the past year, I’ve seen a steady increase of Chinese artificial intelligence researchers joining X and participating in the wider discourse about AI development and commercialization. Take Moonshot AI, the company behind Kimi K3, as an example. On Thursday, I was able to quickly find around 30 accounts on X run by people who claim to be currently affiliated with Moonshot, including two of the startup’s cofounders, as well as half a dozen former employees and collaborators. And these are not dormant accounts: They talk about Moonshot’s big releases and incremental research papers, make friends with Western researchers, and share details about their personal life and hobbies.

Moonshot is arguably the Chinese AI lab that’s most active on X, but you will easily find executives and technical staff from other leading Chinese startups, like Minimax and Z.ai. Even several employees at DeepSeek, who reportedly are unable to leave China because the government confiscated their passports, regularly post on X about the latest AI news and share job listings to recruit new talent.

“X is the best community” for AI discussions right now, says Meng Fanqing, cofounder of the startup Evolvent AI and a former intern at Moonshot, where he worked on the Kimi K2.5 model. “There are both Chinese and overseas audiences, and the recommendation algorithm works pretty well for showing you content in the same circle that you are in,” he says. Compared with Chinese platforms, where it’s often hard to have serious technical discussions, Chinese researchers like Meng say they would rather spend their time on X.

Meng says he started actively posting on X in mid-2025. At the start of the year, DeepSeek’s R1 model went viral around the world, shining a bright spotlight on China’s AI industry. Many Chinese researchers seized the moment and joined X to start sharing their perspective. “Around that time, all the Chinese researchers are starting to think about branding on an international level,” Meng says.

Chinese AI researchers may also be helping fill a growing gap left by researchers at OpenAI and Anthropic, who have become more reluctant to share their thinking online as their employers have grown into behemoth companies, says Tiezhen Wang, an independent AI analyst and former researcher at Hugging Face. “I guess they feel that their model architecture and how they train the model is kind of a secret, so they’re posting less,” Wang explains. As a result, Chinese researchers are getting more attention from audiences on X who are hungry to make sense of what’s happening in the fast-moving world of AI.

Why Choose X?

One reason X may have become popular among Chinese AI researchers is that there’s not really a comparable social platform in China for high-quality technical discussions about AI and other emerging technologies.

Some people say they used to post on Zhihu, a Quora-like platform that once branded itself as the premier destination for educated professionals to show and tell. But since 2020, Zhihu has increasingly pivoted to hosting fiction content, and expert contributors have gradually fallen off. For example, Deng Yu, a Chinese mathematician who was awarded a Fields Medal this year, publicly wrote on Zhihu in 2018 that he decided to stop posting on the site due to the rise of low-quality content.

#Chinese #Researchers #Finding #Voicemade in china,china,artificial intelligence,x,twitter,rednote,deepseek">

Chinese AI Researchers Are Finding Their Voice on XThe prevailing narrative in Silicon Valley is that Chinese AI models like Kimi K3 and DeepSeek R1 came out of nowhere. But the truth is that even if you never travel to China, there’s an easy way to get a sense of what Chinese AI researchers are up to: log on to X.In the past year, I’ve seen a steady increase of Chinese artificial intelligence researchers joining X and participating in the wider discourse about AI development and commercialization. Take Moonshot AI, the company behind Kimi K3, as an example. On Thursday, I was able to quickly find around 30 accounts on X run by people who claim to be currently affiliated with Moonshot, including two of the startup’s cofounders, as well as half a dozen former employees and collaborators. And these are not dormant accounts: They talk about Moonshot’s big releases and incremental research papers, make friends with Western researchers, and share details about their personal life and hobbies.Moonshot is arguably the Chinese AI lab that’s most active on X, but you will easily find executives and technical staff from other leading Chinese startups, like Minimax and Z.ai. Even several employees at DeepSeek, who reportedly are unable to leave China because the government confiscated their passports, regularly post on X about the latest AI news and share job listings to recruit new talent.“X is the best community” for AI discussions right now, says Meng Fanqing, cofounder of the startup Evolvent AI and a former intern at Moonshot, where he worked on the Kimi K2.5 model. “There are both Chinese and overseas audiences, and the recommendation algorithm works pretty well for showing you content in the same circle that you are in,” he says. Compared with Chinese platforms, where it’s often hard to have serious technical discussions, Chinese researchers like Meng say they would rather spend their time on X.Meng says he started actively posting on X in mid-2025. At the start of the year, DeepSeek’s R1 model went viral around the world, shining a bright spotlight on China’s AI industry. Many Chinese researchers seized the moment and joined X to start sharing their perspective. “Around that time, all the Chinese researchers are starting to think about branding on an international level,” Meng says.Chinese AI researchers may also be helping fill a growing gap left by researchers at OpenAI and Anthropic, who have become more reluctant to share their thinking online as their employers have grown into behemoth companies, says Tiezhen Wang, an independent AI analyst and former researcher at Hugging Face. “I guess they feel that their model architecture and how they train the model is kind of a secret, so they’re posting less,” Wang explains. As a result, Chinese researchers are getting more attention from audiences on X who are hungry to make sense of what’s happening in the fast-moving world of AI.Why Choose X?One reason X may have become popular among Chinese AI researchers is that there’s not really a comparable social platform in China for high-quality technical discussions about AI and other emerging technologies.Some people say they used to post on Zhihu, a Quora-like platform that once branded itself as the premier destination for educated professionals to show and tell. But since 2020, Zhihu has increasingly pivoted to hosting fiction content, and expert contributors have gradually fallen off. For example, Deng Yu, a Chinese mathematician who was awarded a Fields Medal this year, publicly wrote on Zhihu in 2018 that he decided to stop posting on the site due to the rise of low-quality content.#Chinese #Researchers #Finding #Voicemade in china,china,artificial intelligence,x,twitter,rednote,deepseek

mwasimuddin125 0

The prevailing narrative in Silicon Valley is that Chinese AI models like Kimi K3 and DeepSeek R1 came out of nowhere. But the truth is that even if you never travel to China, there’s an easy way to get a sense of what Chinese AI researchers are up to: log on to X.
In the past year, I’ve seen a steady increase of Chinese artificial intelligence researchers joining X and participating in the wider discourse about AI development and commercialization. Take Moonshot AI, the company behind Kimi K3, as an example. On Thursday, I was able to quickly find around 30 accounts on X run by people who claim to be currently affiliated with Moonshot, including two of the startup’s cofounders, as well as half a dozen former employees and collaborators. And these are not dormant accounts: They talk about Moonshot’s big releases and incremental research papers, make friends with Western researchers, and share details about their personal life and hobbies.
Moonshot is arguably the Chinese AI lab that’s most active on X, but you will easily find executives and technical staff from other leading Chinese startups, like Minimax and Z.ai. Even several employees at DeepSeek, who reportedly are unable to leave China because the government confiscated their passports, regularly post on X about the latest AI news and share job listings to recruit new talent.
“X is the best community” for AI discussions right now, says Meng Fanqing, cofounder of the startup Evolvent AI and a former intern at Moonshot, where he worked on the Kimi K2.5 model. “There are both Chinese and overseas audiences, and the recommendation algorithm works pretty well for showing you content in the same circle that you are in,” he says. Compared with Chinese platforms, where it’s often hard to have serious technical discussions, Chinese researchers like Meng say they would rather spend their time on X.
Meng says he started actively posting on X in mid-2025. At the start of the year, DeepSeek’s R1 model went viral around the world, shining a bright spotlight on China’s AI industry. Many Chinese researchers seized the moment and joined X to start sharing their perspective. “Around that time, all the Chinese researchers are starting to think about branding on an international level,” Meng says.
Chinese AI researchers may also be helping fill a growing gap left by researchers at OpenAI and Anthropic, who have become more reluctant to share their thinking online as their employers have grown into behemoth companies, says Tiezhen Wang, an independent AI analyst and former researcher at Hugging Face. “I guess they feel that their model architecture and how they train the model is kind of a secret, so they’re posting less,” Wang explains. As a result, Chinese researchers are getting more attention from audiences on X who are hungry to make sense of what’s happening in the fast-moving world of AI.

Why Choose X?

#Chinese #Researchers #Finding #Voicemade in china,china,artificial intelligence,x,twitter,rednote,deepseek">Chinese AI Researchers Are Finding Their Voice on X

Why Choose X?

#Chinese #Researchers #Finding #Voicemade in china,china,artificial intelligence,x,twitter,rednote,deepseek

Bitcoin Could Go ‘Bananas’ If Price Closes Above This Level, Top Analyst Says

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