Chime, whose pending IPO is expected to be one of 2025’s blockbuster hits with a vauation of $11 billion, issued a share price range on Monday of $24 to $26. Chime, founded in 2012, offers banking products such as checking and high-yield savings accounts through its app. The company mainly generates revenue when its members spend using Chime-branded debit and credit cards.

Delaware’s attorney general is hiring an investment bank to advise on OpenAI’s for-profit conversion, the Wall Street Journal has reported. The independent evaluation could prolong the transition. OpenAI’s conversion will help it attract new investment and eventually go public, but first, the startup needs to secure approvals from state regulators. Regulators seem to be zeroing in on a key factor in OpenAI’s conversion, which could significantly affect the price OpenAI ultimately pays to simplify its structure. Corporate governance experts say Elon Musk may have raised the price of OpenAI’s nonprofit when he submitted a $97.4 billion takeover bid for the startup, despite the fact that OpenAI promptly rejected it.

Elon Musk’s brain computer interface startup Neuralink closed a $650 million funding round, the company announced in a blog post on Monday. The Series E fundraise included investors such as ARK Invest, Founders Fund, Sequoia Capital, and Thrive Capital, among others. His AI startup, xAI, is also reportedly launching a $300 million share sale that values the company at $113 billion.

DreamWorks co-founder Jeffrey Katzenberg’s venture fund WndrCo co-led a $15.5 million Series A round for Creatify, an AI video ad platform.

Reddit on Tuesday announced a new feature that will offer its users more privacy when it comes to what’s shared on their user profiles. The setting will allow users to decide which content from the subreddits they participate in will appear on their profiles. This includes both their posting and commenting history.

Grammarly has secured a $1 billion commitment from General Catalyst. The 16-year-old writing assistant startup will use the new funds for its sales and marketing efforts, freeing up existing capital to make strategic acquisitions.

Hiring platform Indeed’s CEO Chris Hyams said on Monday that he is stepping down from the role. The CEO of the company’s parent firm Recruit, Hisayuki Idekoba, will return to his post as CEO of Indeed after a six-year break.

Beehiiv is an all-in-one creator friendly platform for newsletters and blogs that makes it easy to design, write, send, promote, monetize, and track the ROI of your newsletter. Created by former employees at the famous newsletter company Morning Brew, Beehiiv aims to help creators launch and monetize their own newsletter.

SuperPhone is an intelligent mobile messaging platform that helps enterprise retail brands acquire, and engage with mobile customers in an impactful way.

Jibby is dedicated to transforming daily coffee & tea rituals into wellness journeys by infusing nourishing ingredients like collagen and superfoods —providing you energy, mood balance, stress relief, and more.