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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.
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...
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.
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.
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.
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.
Bloomberg
Tether Backs Italian Humanoid-Robotics Firm as AI Push Builds
Stablecoin giant Tether has joined a €70 million ($81.6 million) funding round for Italy-based Generative Bionics, a humanoid-robotics startup developing industrial robots built using research from the Italian Institute of Technology.
SCMP
DeepSeek founder Liang Wenfeng cleans up on chip firm Moore Threads’ IPO
Chinese entrepreneur Liang Wenfeng, the founder and CEO of DeepSeek, appears to have made a big score from the initial public offering of chip designer Moore Threads Technology, whose shares surged more than fivefold in its trading debut in Shanghai.
High-Flyer Quantitative Fund, a hedge fund co-founded by Liang, had subscribed to a total of 82,244 shares of Moore Threads, at 114.28 yuan per share, via two entities: Zhejiang High-Flyer Asset Management and Ningbo High-Flyer Quant Investment...
CNBC
BlackRock bets on 'pick and shovel' trade, singling out clear winners in AI spending spree
Got a confidential news tip? We want to hear from you. Get In Touch. CNBC Newsletters. Sign up for free newsletters and get more CNBC delivered to...
SCMP
China AI chipmaker MetaX draws more IPO investors than Moore Threads
Shanghai-based chip firm MetaX Integrated Circuits has emerged as the latest star in mainland China’s stock market, with the graphics processing unit (GPU) maker proving to be even more popular among retail investors than peer Moore Threads ahead of its trading debut.
MetaX attracted 5.17 million retail investors for its online subscription, giving it a final allotment rate of 0.033 per cent, according to a stock exchange filing on Monday. Beijing-based Moore Threads drew 4.82 million retail...
Bloomberg
Altor Reaches €600 Million Deal for Bridgepoint’s Evac
Altor Equity Partners has agreed to acquire a majority stake in Evac, the Finnish clean technology firm backed by Bridgepoint Group Plc.
CNBC
BlackRock bets on ‘pick and shovel’ trade, singling out clear winners in AI spending spree
Powell noted that leading tech firms have only begun to tap debt markets to fund the next phase of AI expansion, suggesting additional capital is on the way.
Bloomberg.com
Private Market FOMO Over AI Will Lead to Mistakes, Bravo Says - Bloomberg
Speaking at the Bloomberg New Voices event in Miami on Friday, Bravo said the hype around AI ... Provide news feedback or report an error · Site...
TechCrunch
Sources: AI synthetic research startup Aaru raised a Series A at a $1B 'headline' valuation
... AI startups in the current market. This approach allows the ... TechCrunch Mobility is your destination for transportation news and insight.
Bloomberg
AI Causing 'Enormous' Anxiety Among Investors: Bravo
Thoma Bravo Founder and Managing Partner Orlando Bravo says the rapid advancement of AI is stirring 'enormous' anxiety among investors and the hype has triggered a fear of missing out in private markets. Bravo spoke to Bloomberg's Dani Burger at a Bloomberg New Voices event in Miami. (Source: Bloomberg)
Bloomberg
Russian Billionaire Must Pay Up in VC Fund Dispute, Judge Rules
Russian billionaire Dmitry Rybolovlev largely lost a legal fight over whether his family trust was on the hook to provide tens of millions of dollars to a US venture capital firm to finance life-science startups.
Bloomberg
Wall St. Races to Cut Its Risk From AI’s Borrowing Binge
Wall Street is gearing up to lend massive amounts of money to the biggest players in AI - and simultaneously trying to figure out how to protect itself from any bubble that its financing may be helping to inflate. "Bloomberg Real Yield" roundtable discusses the potential risks to credit. CORRECT: Description of interview has been updated to represent the correct guest and content.
(Source: Bloomberg)
Bloomberg
SoftBank in Talks to Buy Data-Center Investor DigitalBridge
SoftBank Group Corp. is in talks to acquire DigitalBridge Group Inc., a private equity firm that invests in assets such as data centers, as it seeks to take advantage of an AI-driven boom in digital infrastructure, according to people with knowledge of the matter.
CNBC
'China's Nvidia' Moore Threads surges over 400% on trading debut after $1.1 billion listing
Shares of Moore Threads soared by more than 400% on its debut in Shanghai following its $1.1 billion listing.
SCMP
CSRC vows deeper reforms to open China’s capital market and boost tech listings
China’s top securities regulator has pledged to widen foreign investors’ access to the mainland’s capital market while further lowering the fundraising threshold for technology firms, after a key indicator slumped nearly 4 per cent from a 10-year high in mid-November.
Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), set out guidance for the equity and bond markets in an article published by the Communist Party mouthpiece People’s Daily on Friday, three weeks after he was...
NPR
Meta is building a massive data center. Why it's fueling fears of an AI bubble
In a rural pocket of northeastern Louisiana, Meta is building a $30 billion data center called Hyperion. The project highlights an opaque system of financing that's fueling fears of an AI bubble.
TechCrunch
Legal AI startup Harvey confirms $8B valuation - TechCrunch
Harvey confirms a third enormous round of funding in 2025 that has skyrocketed its valuation. Again.
SCMP
Meta plans budget cuts as high as 30% to its metaverse efforts
Meta Platforms CEO Mark Zuckerberg is expected to cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook.
Executives were considering potential budget cuts as high as 30 per cent for the metaverse group next year, which includes the virtual worlds product Meta Horizon Worlds and its Quest virtual reality (VR) unit, according to people familiar with the talks, who asked not to be named while...
Bloomberg.com
Bill Gates' Daughter Lands $30 Million for Star-Backed AI Firm - Bloomberg.com
Phia is developing an AI-based search engine to help users find ... Provide news feedback or report an error · Site feedback: Take our Survey.
CNBC
SoFi's stock drops on $1.5 billion share sale announcement
SoFi said it's selling $1.5 billion in stock after the company's market cap almost doubled this year.
CNBC
Mark Zuckerberg comes to his senses on metaverse spending, and we're thrilled
Is the "year of efficiency" Mark Zuckerberg back at Meta Platforms?