Payments Firm AvidXchange Jumps on TPG, Corpay Takeover
AvidXchange Holdings Inc.’s shares rose as much as 19% Wednesday after the payments company struck a go-private deal with TPG Inc. and Corpay Inc. worth $2.2 billion.
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VCs Are Giving AI Founders Ever More Leverage - theinformation.com The Information
Investors may be willing to let founders sell in recognition that employees at established AI labs, like OpenAI and Anthropic, have been able to cash...
OpenAI’s For-Profit Overhaul Is Far From Being a Done Deal
For much of the past year, OpenAI has been pushing ahead with a complicated effort to turn itself from a nonprofit into a more conventional moneymaking business that would be more appealing to investors — and doing so over heated objections from former employees, academics and rivals, including Elon Musk.
Brian Armstrong’s Human Life Extension Venture Raises Fresh Cash
Brian Armstrong’s NewLimit, the longevity startup founded by the Coinbase Inc. executive that’s aiming to extend human life through reprogramming human genes, raised a new round of funding that values the company at $810 million.
Trump-Era Cuts, Harvard Fight Threaten Biotech’s Riskiest Bets
The Trump administration’s sweeping cuts of federal research funding and its fight with Harvard University risk bleeding into the venture capital market, curbing financing opportunities for early-stage drug development.
General Catalyst Co-Leads AI Funding Deal Valuing Parloa at $1 Billion
Parloa GmbH, a startup building an artificial intelligence platform for customer service, has raised $120 million from investors in a deal that values the company at $1 billion.
Grubhub Owner Wonder Tops $7 Billion Valuation in New Funding
Marc Lore’s food hall startup is raising $600 million from investors including NEA, Accel and GV.
OpenAI Reaches Agreement to Buy Startup Windsurf for $3 Billion - Bloomberg
OpenAI rival Anthropic and Microsoft Corp.-owned Github both offer AI tools for programmers. Investors have also poured money into a new crop of...
Danish Obesity Startup Ousia Gets Funds From US Investor Omega
The US venture capital firm Omega Funds is backing a Danish biotech startup, betting it can deliver a new type of obesity treatment.
From 'Cockroach Award' to the Big Board: Hinge Health's unlikely path to IPO
Hinge Health, a 10-year-old digital health company, is poised to kick off its IPO roadshow at a time when fellow upstarts are delaying plans to go public.
China's Ant Group plans to list overseas unit in Hong Kong, report says | Reuters
Ant Group, an affiliate of China's e-commerce giant Alibaba Group plans to list its overseas arm, Ant International, on the Hong Kong stock...
VC balances AI potential with avoiding its own extinction - Axios
... AI startups that could hasten their own extinction. But not everyone is fretting propagation of the sector. Driving the news: Marc Andreessen said...
Anthropic to Buy Back Employee Shares at $61.5 Billion Valuation
Anthropic is offering to buy back shares from hundreds of current and former employees, the first transaction of its kind for the four-year-old...
Poshmark Backer Uncork Raises $300 Million With AI Focus | PYMNTS.com
Company officials told Bloomberg News Thursday (May 1) that the new capital will be used for two funds: one centered on seed investing ($225 million,...
AI Boom Reportedly Presents $1.8 Trillion Opportunity for Private Credit | PYMNTS.com
A surge in new AI projects has reportedly been good news for the private credit sector, as tech companies need funding to build data centers.
Microsoft, Meta results signal AI spending concerns were overblown. Wall Street picks winners
Wall Street analysts named a slew of chipmakers, cloud companies and networking products providers as beneficiaries of ongoing hyperscaler...
Why car park operator Shoucheng is doubling down on China robotics investment
The company, a subsidiary of Chinese steel giant Shougang, plans to invest in about 50 robotics firms over the next two to three years.
Report: AI Startup Anthropic in Advanced Talks to Raise $2 Billion | PYMNTS.com
Artificial intelligence startup Anthropic is in advanced talks to raise $2 billion in a funding round that would value it at $60 billion.
Block shares plunge 18% as company takes 'cautious stance,' issues weak guidance for year
Block reported weaker-than-expected revenue for the first quarter.
Large AI Projects Present $1.8 Trillion Capital Pool for Private Credit
The artificial intelligence boom is driving business to private credit firms, as tech companies seek funding to build data centers filled with computing chips to operate AI models.
Uncork Raises $300 Million to Find the Next Poshmark, Postmates
Founder Jeff Clavier steps back from managing partner but remains at firm
Report: Half of OpenAI's Pending $40 Billion Funding Round Depends on Restructuring
... News, OpenAI, PYMNTS News, What's Hot. Meta Leans Into AI and Subscriptions to Future-Proof Its Ecosystem. By PYMNTS | April 30, 2025. |. Highlights.
Why Investors Are Souring on This Once Red-Hot Climate Tech
Venture funding in US-based direct air capture startups dropped by more than 60% in the first quarter.
‘Royal Match’ Maker Dream Games Raises $2.5 Billion in CVC-Led Round
Dream Games, a mobile gaming studio that makes the Royal Match smartphone game, has raised about $2.5 billion in debt and equity in a deal that will make private equity firm CVC Capital Partners its sole equity investor.
Trump-Tied Stablecoin Used for MGX’s $2 Billion Binance Deal
World Liberty Financial, the Trump family’s decentralized finance project, said its new stablecoin is being used for a $2 billion investment in crypto exchange Binance Holdings Ltd. by Abu Dhabi’s MGX.
Rogo Raises $50 Million to Develop AI-Powered Investment Banker | PYMNTS.com
While April was a rough month for the stock market, cryptocurrency companies reportedly enjoyed smooth sailing. As Bloomberg news reported Wednesday (...
Meta’s Reality Labs posts $4.2 billion loss in first quarter
Meta’s Reality Labs posts $4.2 billion loss in first quarter
Trust-Based Partnerships Are the New Currency of Success | PYMNTS.com
... software, Technology. Rogo Raises $50 Million to Develop AI-Powered Investment Banker. By PYMNTS | April 30, 2025. |. Rogo. Tech startup Rogo raised...
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Cloud Startup Cast AI Gets $108 Million in SoftBank-Led Round
Cast AI, a company that lets businesses reduce their cloud computing costs, has raise $108 million in a fundraising round led by G2 Venture Partners and SoftBank’s Vision Fund 2. A person familiar with the matter said the round would give the company a valuation of $850 million.
