Venture Capital

CNBC
Palantir CIO Jim Siders leaves to become head of Thrive Capital's new IT services business
Siders spent more than 12 years at Palantir, recently overseeing its global IT operations, business applications and infrastructure.
ARPU
The Logic of the AI Stack
Financing Jensen's CakeNvidia's Jensen Huang has offered a clean, orderly way to think about the AI economy. At a recent conference, he described the industry as a "five-layer cake." At the bottom, you have Energy. Then comes Chips, Infrastructure, AI Models, and finally,
Bloomberg.com
Wall Street Sees AI Bubble Coming and Is Betting on What Pops It - Bloomberg
The tech giants that account for much of the AI spending have vast resources, but the enormous cost of developing AI ... Provide news feedback or report...
Bloomberg.com
AI Data Center Boom Sparks Fears of Glut Amid Lending Frenzy - Bloomberg
At least $175 billion of data-center related US credit deals have been struck this year so far, according to figures compiled by Bloomberg News.
Bloomberg
Apollo Took Bets Against Software Makers Vulnerable to AI: FT
Apollo Global Management placed bets against the loans of several software makers as it grew increasingly bearish on technology firms vulnerable to artificial intelligence, the Financial Times reported.
Apollo Took Bets Against Software Makers Vulnerable to AI: FT
CNBC
CNBC Daily Open: Record high U.S. stocks as investors rotate out of tech
Even though the AI theme seems to be under scrutiny, other sectors are performing well on the back of a resilient U.S. economy and buoyed by interest-rate cut.
CNBC
Esusu, platform for renters to build credit scores, valued at $1.2 billion in new funding round
Esusu raises $50 million at a $1.2 billion valuation as it helps more renters build credit scores and gain access to mortgages and other financial products.
Reuters
Big global investors see gold in AI but don't buy the rush | Reuters
have rushed to debt markets in recent months to keep pace in the Artificial Intelligence race, adding to unease about an AI bubble. ... news provider,...
CNBC
Goldman Sachs leads investment in software delivery startup Harness at $5.5 billion valuation
Harness CEO Jyoti Bansal wants to eventually take Harness public after he sold his previous startup, AppDynamics, to Cisco just before a planned IPO.
CNBC
AI defense booms in UK and Germany as new wave of billion-dollar startups emerge
The UK and Germany have become key hubs for defense startups in Europe and the U.S.
CNBC
Over $50 billion in under 24 hours: Why Big Tech is doubling down on investing in India
Despite being a laggard in some key areas of artificial intelligence, India is becoming a major investment destination for Big Tech companies.
Bloomberg
Vista-Backed Finastra Taps PJT to Sell US Banking Software Unit
Finastra Group Holdings Ltd. has hired PJT Partners Inc. to help with plans to sell its unit that caters to mid-sized US banks, according to people familiar with the matter.
Vista-Backed Finastra Taps PJT to Sell US Banking Software Unit
CNBC
‘Greetings, earthlings’: Nvidia-backed Starcloud trains first AI model in space as orbital data center race heats up
The company's Starcloud-1 satellite is running Gemma, an open model from Google, marking the first time in history that an LLM has been trained in outer space.
CNBC
Former GitLab CEO raises money for Kilo to compete in crowded AI coding market
Kilo Code, which makes a vibe coding extension, was founded by former GitLab CEO Sid Sijbrandij.
Bloomberg
Blackstone-Backed Mollie Nears Takeover of UK Fintech GoCardless
Dutch payments firm Mollie is expected to announce it has completed its acquisition of British fintech unicorn GoCardless as early as this week, boosting its capabilities in payment processing, according to people familiar with the matter.
Blackstone-Backed Mollie Nears Takeover of UK Fintech GoCardless
Bloomberg
Hassett Says Room for Bigger Fed Cut, SpaceX Said to Plan Record IPO | The Pulse 12/10
The Federal Reserve is widely expected to cut by 25bps in its final rate decision of the year. But White House National Economic Council Director Kevin Hassett says he sees plenty of room for a bigger cut. Hassett is seen as the frontrunner to succeed Jerome Powell as Fed Chair. Bloomberg understands the SpaceX is moving ahead with plans for an IPO that seeks to raise more than $30 billion. That would make it the biggest listing of all time. Sources say the Elon Musk-led company is targeting a valuation of about $1.5 trillion. The listing could happen as soon as mid-to-late 2026. Today's guests: John Graham, CPP Investments, President & CEO; Simon Macadam, Capital Economics, Deputy Chief Global Economist; Alessia Berardi, Amundi Investment Institute, Head of Emerging Macro Strategy; Katie Gaddini, University College London, Associate Professor of Sociology (Source: Bloomberg)
Hassett Says Room for Bigger Fed Cut, SpaceX Said to Plan Record IPO | The Pulse 12/10
Bloomberg
AI Boom Helping Draw Investors, Nu Quantum CEO Says
The artificial intelligence boom that’s pouring money into processing units and data centers has helped Nu Quantum draw investors, founder and Chief Executive Officer Carmen Palacios-Berraquero. The British startup, which builds networking infrastructure to link and scale quantum computers, has raised $60 million in one of the largest Series A rounds raised in the UK, as investors bet on advances in the frontier technology. Palacios-Berraquero spoke to Bloomberg's Tom Mackenzie. (Source: Bloomberg)
AI Boom Helping Draw Investors, Nu Quantum CEO Says
TechCrunch
Unconventional AI confirms its massive $475M seed round - TechCrunch
Unconventional AI is set on building a new, energy-efficient computer for AI. ... TechCrunch Mobility is your destination for transportation news and...
Bloomberg
UK’s Nu Quantum Startup Raises $60 Million in Series A Round
Nu Quantum, a British startup that builds networking infrastructure to link and scale quantum computers, raised $60 million in one of the largest Series A rounds raised in the UK, as investors bet on advances in the frontier technology.
UK’s Nu Quantum Startup Raises $60 Million in Series A Round
Bloomberg
India E-Commerce Upstart Meesho Jumps 53% After $603 Million IPO
Meesho Ltd., an Indian e-commerce platform, surged in its debut in Mumbai on Wednesday, showing growing investor appetite for tech startups after a string of blockbuster listings.
India E-Commerce Upstart Meesho Jumps 53% After $603 Million IPO
Reuters
Microsoft unveils $23 billion in new AI investments with big focus on India | Reuters
Get a daily digest of breaking business news straight to your inbox with the Reuters Business newsletter. ... AI startup Cohere to offer the firm's...
TechCrunch
SoftBank and Nvidia reportedly in talks to fund Skild AI at $14B, nearly tripling its value
Skild AI is developing a hardware-agnostic foundation model for ... TechCrunch Mobility is your destination for transportation news and insight.
CNBC
Fifth Third signs deal making fintech firm Brex the provider of its commercial cards
The move shows how some banks are choosing to partner with fintech firms rather than building their own platforms to keep up with evolving tech expectations.
Bloomberg
Sequoia-Led Funding Vaults AI Startup Fal to $4.5 Billion Valuation
Artificial Intelligence startup Fal raised fresh funding from investors including Sequoia Capital and Nvidia Corp. in a deal that values the company at $4.5 billion, according to a person familiar with the matter — triple its valuation from a few months earlier.
Sequoia-Led Funding Vaults AI Startup Fal to $4.5 Billion Valuation
Bloomberg
Brookfield, Qatar Team Up on $20 Billion AI Investment Venture
Brookfield Asset Management Ltd. and Qatar Investment Authority are teaming up on a $20 billion venture to invest in artificial-intelligence infrastructure, underscoring the escalating regional race for dominance in the sector.
Brookfield, Qatar Team Up on $20 Billion AI Investment Venture
Reuters
Exclusive: SoftBank, Nvidia looking to invest in Skild AI at $14 billion valuation, sources say
Japan's SoftBank Group and Nvidia are in talks to invest in Skild AI, in a more than $1 billion funding round that could value the maker of...
CNBC
Tiger Global launches new fund eyeing $2.2 billion raise as it takes more disciplined approach
Tiger first invested in OpenAI in 2021 at a valuation of less than $16 billion and in Waymo that same year at $39 billion.
CNBC
Tiger Global launches new fund eyeing between $2 billion and $3 billion as it takes more disciplined approach
Tiger first invested in OpenAI in 2021 at a valuation of less than $16 billion and in Waymo that same year at $39 billion.
Bloomberg
AI Computer Startup Hits $4.5 Billion Valuation in Seed Round
Naveen Rao joins a rarified club of prominent tech founders to raise big funding rounds for very young companies. 
AI Computer Startup Hits $4.5 Billion Valuation in Seed Round
CNBC
Confluent stock soars 29% as IBM announces $11 billion acquisition deal
IBM will pay $31 per share in cash for all of the issued and outstanding common shares of the Confluent.