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Reuters
SoftBank's $5.8 billion Nvidia stake sale stirs fresh AI bubble fears | Reuters
The stock jumped last month on news of a sweeping OpenAI restructuring that frees the startup from its non-profit roots. The startup is considering a...
CNBC
AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and Duolingo
While hyperscalers are getting rewarded for their big spending plans, smaller companies are getting punished by investors.
Bloomberg
Morgan Stanley Adds KKR-Backed Wealth Tech to Speed Up Trades
Morgan Stanley is adopting technology backed by KKR & Co. that will help the bank facilitate transactions from alternative asset managers looking to expand their access to high-net-worth individuals.
Bloomberg
Point72’s Turion Fund Clocks 30% Gains During AI Stock Boom
Point72 Asset Management’s new AI-focused stock-picking fund has delivered gains of about 30% this year as hype around the technology fueled a surge in AI-linked corporate valuations.
CNBC
SoftBank sells its entire stake in Nvidia for $5.83 billion
The Japanese conglomerate said Tuesday it sold 32.1 million shares of Nvidia in October.
CNBC
SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain
SoftBank's stock has slumped in the past week as concerns of an artificial intelligence bubble sent jitters through global markets.
Bloomberg
SoftBank Sells Nvidia Stake for $5.8 Billion to Fund AI Bets
SoftBank Group Corp. sold its entire stake in Nvidia Corp. for $5.83 billion to help bankroll AI investments, even as investors question the amount of capital pouring into a technology with uncertain returns.
Bloomberg
Saudi Fintech Startup Lean Explores Deals on Pathway to IPO
Saudi fintech startup Lean Technologies is exploring new investments as it seeks to expand its product offerings ahead of a possible public listing.
Bloomberg
Genspark Becomes Newest AI Unicorn After Winning LG, SBI Funding
AI agent builder Genspark Inc. has secured more than $200 million from investors including LG Group’s investment arm in its latest funding round, becoming the newest billion-dollar startup in the artificial intelligence arena.
Bloomberg
SoftBank Joins Move to Oust GoTo CEO in Boost for Grab Deal
SoftBank Group Corp., Provident Capital Partners and Peak XV are among a group of prominent GoTo Group backers seeking to replace Chief Executive Officer Patrick Walujo, a dramatic twist that could accelerate talks about an acquisition by Grab Holdings Ltd.
Gamma isn't exactly a new-to-the-scene AI startup (at least by AI standards). ... TechCrunch Mobility is your destination for transportation news and...
CNBC
CoreWeave's stock slides on weak guidance even as revenue more than doubles
Computing supply CoreWeave expected to receive from an outside data center developer will land in the the first quarter of 2026 instead of the current quarter.
Bloomberg
AI’s $5 Trillion Data-Center Boom Will Dip Into Every Debt Market, JPMorgan Says
The furious push by AI hyperscalers to build out data centers will need about $1.5 trillion of investment-grade bonds over the next five years and extensive funding from every other corner of the market, according to an analysis by JPMorgan Chase & Co.
TechCrunch
6Sense founder Amanda Kahlow raises $30 million for new human-replacement AI sales ...
1Mind AI agent MindyImage Credits:1Mind. The ... TechCrunch Daily News. Every weekday and Sunday, you can get the best of...
TechCrunch
Scribe hits $1.3B valuation as it moves to show where AI will actually pay off | TechCrunch
1Mind AI agent MindyImage Credits:1Mind. The ... TechCrunch Mobility is your destination for transportation news and insight.
Bloomberg
Israeli Startup Gets Rare UAE Investment Since Start of Gaza War
An Israeli startup developing lab-grown milk raised $20 million from a fund in the United Arab Emirates, marking a rare investment from the Persian Gulf into Israel since the start of its war with Hamas.
CNBC
As private tech market heats up, PitchBook makes startup data available via ChatGPT
PitchBook is launching PitchBook Navigator, a new generative AI tool that produces private market insights based on user prompts.
CNBC
Former Google, Meta executives raise $100 million for high-capacity AI servers startup
The three plan to sell high-memory server technology.
Bloomberg
Goldman Sachs-Backed Startup Clio Reaches $5 Billion Value
Canadian software company Themis Solutions Inc., which does business under the name Clio, closed a $500 million funding round that values the firm at $5 billion.
CNBC
Government shutdown update, the market's rough week, PitchBook's AI tool and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Bloomberg
Grab to Invest $60 Million in Remotely Driven Car Startup Vay
Grab Holdings Ltd., Southeast Asia’s largest ride-hailing provider, is investing $60 million in remote-driving service Vay to add to its bets in technologies for driverless vehicles.
CNBC
Japanese investors turn to Europe as deep tech boom lures capital abroad
Japanese investors participated in European financing rounds worth more than 33 billion euros ($38 billions) since 2019.
Bloomberg
KKR to Launch Tender Offer for Forum Engineering at ¥1,710 per Share
KKR & Co. is launching an offer for Japan’s Forum Engineering Inc. at ¥1,710 per share.
SCMP
Hong Kong wealth fund backs surgical robotics start-up to boost biotech drive
Hong Kong Investment Corp (HKIC), the government’s investment arm, has joined other investors in committing US$200 million to the latest round of fundraising for surgical robot start-up Cornerstone Robotics, marking another milestone in the city’s push to develop its innovative industries, including biotechnology.
“As a technology start-up based in the Greater Bay Area, Cornerstone Robotics has secured funding and support from HKIC,” the company said in a statement on Monday. “This is not just...
CNBC
CNBC Daily Open: Don't hit panic button on tech pullback just yet
Earnings have been "reassuring" despite worries about tech stocks' high valuations, a strategist told CNBC. That means the fall in tech stocks might not last.
TechCrunch
Is Wall Street losing faith in AI? - TechCrunch
“Valuations are stretched,” Cresset Capital's Jack Ablin told the WSJ. “Just the slightest bit of bad news gets exaggerated … and good news is just...
CNBC
Altimeter's Brad Gerstner says market pullback is healthy, sees no bubble in tech
Gerstner pushed back on the idea that the market is in bubble territory.
AI startup Metropolis, biggest parking lot network in U.S., raises ... Got a confidential news tip? We want to hear from you. Get In Touch...
CNBC
AI valuation fears grip global investors as tech bubble concerns grow
The recent slide among AI stocks has once again put fears of a tech bubble at the forefront of investors' minds.
CNBC
SoftBank Group logs almost $50 billion in weekly losses as investors sour on AI plays
Shares of Japan's SoftBank Group plunged, following a broader slump in AI-related stocks as investors once again grew wary of the sector's lofty valuations.