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Quartz
Anthropic announces Claude-based AI tools for finance - Quartz
Anthropic, the AI startup backed by Amazon and founded by former OpenAI execs, is aiming straight for Wall Street with its newest launch: a suite...
CNBC
Coreweave stock pops after company announces $6 billion AI data center in Pennsylvania
CoreWeave, which rents out access to Nvidia AI chips, has been on a tear since it went public at the end of March.
CNBC
Block leads rebound in fintech stocks as analysts downplay JPMorgan data fee risk
Fintech stocks bounced back Monday as analysts downplayed the potential impact of JPMorgan's reported plan to charge for bank data access.
VentureBeat
Remaining Windsurf team and tech acquired by Cognition, makers of Devin - VentureBeat
... Anthropic again,” an overt reference to Windsurf's prior falling out with the separate AI model provider company that resulted in Anthropic Claude...
Bloomberg
Europe’s VCs Are On Pace for Lowest Fundraising Year in a Decade
Venture capital-backed firms in Europe are on track for their worst year of fundraising since 2015, as investors avoid putting money in an industry that’s struggled with returns.
Bloomberg
CityFibre Raises £2.3 Billion to Challenge BT’s Openreach
CityFibre Holdings Ltd. reached an agreement with existing lenders and shareholders to inject another £2.3 billion ($3.1 billion) to expand the company’s footprint as the UK’s crowded market for alternative network providers heads for a reckoning.
Bloomberg
Five Themes for Investors to Watch as Earnings Season Kicks Off - Bloomberg
The so-called Magnificent Seven firms — Apple Inc., Microsoft, Alphabet, Amazon, Nvidia Corp., Meta and Tesla Inc. — are expected to post a 14% rise...
Bloomberg
Memecoin Platform Pump.fun Raises $600 Million Within 12 Minutes
In another sign of the ongoing popularity of memecoins, a platform that lets people create their own highly-speculative tokens raised $600 million within 12 minutes on Saturday.
Bloomberg
Lloyds in Talks to Buy Fintech Firm Curve for £120M, Sky Says
Lloyds Banking Group Plc is in advanced talks to buy digital wallet provider Curve for as much as £120 million ($162 million), Sky reported on Saturday.
Bloomberg
OpenAI's $3 Billion Deal to Buy AI Startup Windsurf Falls Apart - Bloomberg
Bloomberg News reported in April that OpenAI was in talks to buy Windsurf. — With assistance from Kate Clark and Katie Roof. Copy Link. Get Alerts...
Bloomberg
Spacecraft and Rocket Company Firefly Aerospace Files for IPO
Firefly Aerospace, the Texas-based startup that landed a robotic spacecraft on the moon earlier this year, filed for an initial public offering with the U.S Securities and Exchange Commission on Friday.
The Information
Pro Weekly: Anthropic's $4B, Groq's $6B talk, Meta's AI org chart shifts, & IPO pipeline
Our Generative AI Database reveals that Anthropic's annual revenue is now pacing at an impressive $4 billion, a nearly fourfold increase since the...
CNBC
Intel spins out AI robotics company RealSense with $50 million raise
Tech companies like Tesla and Amazon have bet big on robotics technology and automation.
Bloomberg
Robinhood CEO's AI Math Startup Valued at Nearly $900 Million - Bloomberg
Harmonic AI, an artificial intelligence startup co-founded by Robinhood Markets Inc. Chief Executive Officer Vlad Tenev, has raised $100 million...
SCMP
Robot maker AgiBot seeks stake in Shanghai firm in potential back-door listing
Tencent Holdings-backed AgiBot plans to acquire a controlling stake in a Shanghai-listed company for roughly 2 billion yuan (US$279 million), sparking speculation that the humanoid robot maker could pursue a back-door listing less than three years after it was founded.
Agibot, the start-up also known as Zhiyuan Robotics, has offered to buy at least 63.62 per cent of Swancor Advanced Materials through affiliates Shanghai Zhiyuan Hengyue Technology Partnership and Shanghai Zhiyuan Xinchuang...
SiliconANGLE
Report: Amazon weighing new multibillion-dollar investment in Anthropic - SiliconANGLE
The latter company has invested more than $3 billion in Anthropic over several funding rounds. The OpenAI rival uses infrastructure from both AWS and...
TechCrunch
Knox lands $6.5M to compete with Palantir in the federal compliance market - TechCrunch
Irina Denisenko, CEO of Knox, launched Knox, a federal managed cloud provider, last year with a mission to help software ... Tech Layoffs · ChatGPT.
Bloomberg
Robinhood CEO’s AI Math Startup Valued at Nearly $900 Million
Harmonic AI, an artificial intelligence startup co-founded by Robinhood Markets Inc. Chief Executive Officer Vlad Tenev, has raised $100 million in funding to tackle a problem that has sometimes confounded AI models: math.
Bloomberg
Revolut in Talks to Raise New Funds at $65 Billion Valuation
Revolut Ltd. is in discussions to raise a combination of primary and secondary funding at a blended $65 billion valuation as the fintech looks to raise funds for its US expansion.
PYMNTS.com
Amazon Reportedly Mulling New Multibillion-Dollar Anthropic Investment | PYMNTS.com
Amazon is reportedly considering adding to its $8 billion investment in artificial intelligence (AI) company Anthropic.
Bloomberg
UK to Invest €163 Million in Europe’s Starlink Rival Eutelsat
Eutelsat Communications SA, the European competitor to Elon Musk’s Starlink, said that the UK government will invest €163.3 million ($191 million), joining a France-led round into the company last month.
Bloomberg
CoreWeave’s Cooling Stock Rally Faces Even Bigger Hurdles Ahead
CoreWeave Inc.’s blistering rally has lost steam as the artificial intelligence infrastructure play faces a growing tangle of bearish catalysts that threaten to further unravel its meteoric rise.
Bloomberg
Varda Raises $187 Million to Manufacture Drugs in Space
Varda Space Industries Inc., a startup working on pharmaceutical manufacturing in space, has raised $187 million in a new funding round that will help it launch more spacecraft into orbit.
Reuters
Amazon considers another multibillion-dollar investment in Anthropic, FT reports | Reuters
Amazon is considering another multibillion-dollar investment in AI firm Anthropic to strengthen their strategic partnership, the Financial Times...
Bloomberg
Binance Founders’ $10 Billion Fund Backs US Crypto Listing Bid
YZi Labs, the family office of Binance co-founders Changpeng Zhao and Yi He, will back investment firm 10X Capital’s plan to set up a publicly traded company in the US to invest in BNB, a token linked to the crypto exchange the pair started.
CNBC
Investing within the AI rally: Here's what you need to know - CNBC
The 'Halftime' Investment Committee discuss how to trade the AI rally as Nvidia hits a $4 trillion dollar market cap.
Bloomberg
Goldcrest, Collaborative Lead Round for Argentine Energy Startup Unblock
US-based funds Goldcrest Capital and Collaborative Fund have invested $13.5 million in a seed round for Argentine energy tech startup Unblock, which converts excess gas from oil and gas companies into computing power.
OpenAI has completed its nearly $6.5 billion all-stock deal to buy an AI device startup co-founded by Apple Inc.’s former design chief Jony Ive, cementing the ChatGPT maker’s push into the hardware market.
Bloomberg
Wiz Backer Raises $300 Million to Help Startup Employees Cash Out
Cyberstarts is launching a fund designed to give portfolio companies an edge in retaining talent
Bloomberg
PE Firms Circle Astorg’s €5 Billion Fund Services Firm IQ-EQ
Private equity firms including Blackstone Inc. and Permira are considering bids for fund services business IQ-EQ, people familiar with the matter said, paving the way for one of the most competitive auctions in Europe this year.