Andreessen Horowitz in Deal Talks Valuing Abridge AI at $5.3 Billion - Bloomberg.com
The investment will nearly double Abridge's valuation from a few months ago, highlighting the tech industry's interest in AI software that can make...
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Exclusive: Thoma Bravo explores $3 billion-plus sale of software firm Apryse, sources say | Reuters
PDFTron, the previous name of Apryse, was founded in 1998 as a document processing technology platform. It was acquired by Thoma Bravo in 2021, with...
Chinese robotics star Agibot adds JD.com as investor, joining Tencent
Chinese e-commerce giant JD.com has recently become a shareholder in Tencent Holdings-backed robotics star AgiBot, as China’s robotics industry has become one of the most closely watched sectors this year among investors and tech giants.
AgiBot, also known as Zhiyuan Robotics, was established in 2023 by a founding team that included Huawei Technologies veterans and professors. The company recently added JD subsidiary JD Technology as a shareholder of its main entity, Shanghai Zhiyuan New...
Grammarly secures $1 billion from General Catalyst to build AI productivity platform
The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. The investment, one of the biggest...
Northrop Grumman Invests in Defense-Focused Space Startup
A Texas startup that landed a spacecraft on the moon in March is deepening its ties with Northrop Grumman Corp. to develop a rocket capable of competing against Elon Musk’s SpaceX for some US Department of Defense missions.
Khosla-Led Deal Values Data Startup ClickHouse at $6.35 Billion
The would-be Snowflake competitor has raised $350 million from investors.
Databricks competitor Chalk raises $50 million series A - Reuters
Artificial intelligence infrastructure startup Chalk said Wednesday it had raised a $50 million Series A funding round, valuing the company at...
Buyout Firm Vista to Acquire EQT’s Acumatica in $2 Billion Deal
Vista Equity Partners agreed to acquire Acumatica Inc., a software company that helps businesses streamline workflows.
Chicago’s Wealthy Back Bay Area Fund for University Startups
A Silicon Valley venture capital firm has lured investment from billionaires including Don Wilson, Michael Polsky and Ashley Duchossois Joyce to fund University of Chicago technology startups.
Telegram Raises $1.7 Billion Convertible Bond for Debt Swap
Telegram raised $1.7 billion from convertible bonds that it will use to retire existing debt and lengthen the maturity of its debt.
Lonsdale Finds San Francisco’s Benefits Hard to Beat for Startups
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Lizette Chapman reports on investor Joe Lonsdale’s renewed interest in funding startups in San Francisco years after he quit the region for Texas.
Solar Firm Zeo Buying Heliogen in Bid to Power Data Centers
Residential solar company Zeo Energy Corp. is acquiring Heliogen Inc. for $10 million as it tries to position itself to help meet surging demand from data centers.
AI Firm Chalk Valued at $500 Million After Raising $50 Million | PYMNTS.com
... AI infrastructure, AI investments, artificial intelligence, Chalk, funding, fundraising, GenAI, generative AI, Investments, News, PYMNTS News, What's...
Context gets $11M to build an AI-powered office suite - TechCrunch
The company is doubling down on its AI investments; in 2024, AMD's AI ... TechCrunch Mobility is your destination for transportation news and insight.
Joby Aviation shares pop nearly 29% as electric air taxi maker closes $250 million Toyota investment
Joby announced that it received the first $250 million of a $500 million investment from Toyota to support its air taxis.
Spott's AI-native recruiting platform scores $3.2M to end hiring software chaos | VentureBeat
Spott secures $3.2 million in funding to build an all-in-one AI-native recruitment platform that automates workflows and eliminates tech...
Joby Aviation shares pop 28% as electric air taxi maker closes $250 million Toyota investment
Joby announced that it received the first $250 million of a $500 million investment from Toyota to support its air taxis.
Andreessen Horowitz-Backed Startup Is Trying to Build a Safer VPN
The aftermath of a Russian drone strike in Kyiv in March.
Joby Aviation shares pop 20% as electric air taxi maker closes $250 million Toyota investment
Joby announced that it received the first $250 million of a $500 million investment from Toyota to support its air taxis.
Joby Aviation shares pop 13% as electric air taxi maker closes $250 million Toyota investment
Joby announced that it received the first $250 million of a $500 million investment from Toyota to support its air taxis.
Goldman-backed Starling Bank reports 26% drop in annual profit as it flags Covid loan fraud issue
British neobank Starling posted an annual profit before tax of £223.4 million, down nearly 26% year-on-year.
Baidu-Backed AI 3D Game Creator Seele Seeks New Funding
Seele Inc. is seeking fresh capital at a valuation of several hundred million dollars after raising funds from investors led by Baidu Inc.’s investment arm and Meitu Inc. in November.
Circle IPO has peculiar Facebook-like characteristic
In its updated IPO prospectus on Tuesday, Circle indicated that most of the shares being sold are coming from existing stakeholders rather than the company.
AI Startups: Logistics Startup Pallet Raises $27 Million to Scale Automation | PYMNTS.com
In other fraud prevention news, PYMNTS wrote last week about the trend of consumers shunning plastic cards for their virtual counterparts in a bid to...
One of Europe's top AI researchers raised a $13M seed to crack the 'holy grail' of models
More programming highlights are coming soon, but we wanted to share this news while extending our deep gratitude to Mayfield, the storied early-stage...
Venture Capitalist Palihapitiya Buys Stake in Arizona Property for Data-Center Bet
Venture capitalist Chamath Palihapitiya is investing in an Arizona land deal, betting that the site could be used for data centers given its potential access to 1,500 megawatts of power.
Salesforce to acquire data management company Informatica in $8 billion deal
Salesforce is buying cloud data management firm Informatica to bolster the enterprise software giant's push into artificial intelligence.
Salesforce to acquire software company Informatica in $8 billion deal - CNBC
Tech. Salesforce to acquire software company Informatica in $8 billion ... Salesforce announced Tuesday that it's buying cloud data management firm...
