Venture Capital

The White House-led negotiations over the future of TikTok are reportedly converging on a plan for existing US investors to increase their stakes in the company and acquire its US operations. This development, as reported by Reuters, aims to prevent a potential ban on the popular video-sharing app.Reuter'

AI robotics startup Bot Company raises $150m, sources say  Tech in Asia

The crypto industry is pouring money into two Florida House races that could have a big impact on the Republican Party's ability to hold its slim majority.

The UAE has worked to strengthen ties with the U.S. on AI, and is seeking greater access to American technology in order to build its own infrastructure.

Perplexity AI in talks to raise funds at $18 billion valuation, source says  Reuters

Perplexity AI in talks to double valuation to $18 billion, raise up to $1 billion in new funding  CNBC

Appetite for ether ETFs has been tepid since their launch last July, but that could change, according to Robert Mitchnick, head of digital assets at BlackRock.

Nvidia-backed CoreWeave targets up to $32 billion valuation in test for AI IPOs  Reuters

Klarna is partnering with DoorDash to give users of the restaurant delivery service more ways to pay for their meals.

Airbnb is gearing up for a major expansion beyond its core home-sharing business, with plans to launch new revenue streams in May, the Wall Street Journal reports, citing a company presentation.The San Francisco-based company announced that it will invest between $200 million and $250 million this year to establish

Nvidia-backed CoreWeave is aiming to raise as much as $2.7 billion in its U.S. initial public offering, a regulatory filing by the AI startup showed on Thursday.

SoftBank buys chipmaker Ampere Computing for $6.5 billion, deepening AI bet  Reuters

SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion.

Nvidia and xAI Sign On to $30 Billion AI Infrastructure Fund  PYMNTS.com

Elon Musk’s social network X has raised close to $1 billion in new equity from investors, according to people with knowledge of the matter — a deal that gives the company a valuation in line with when Musk took it private in 2022.

Elon Musk’s xAI and Nvidia join BlackRock and Microsoft’s $30bn AI fund  Financial Times

Nvidia, Musk's xAI to join Microsoft, BlackRock and MGX to develop AI infrastructure  Reuters

Prezent raises $20M to build AI for slide decks  TechCrunch

Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.

GM to use Nvidia AI chips, software to automate vehicles, factories  Reuters

After Google agreed to buy security software vendor Wiz for $32 billion on Tuesday, the Trump administration will get an early chance to weigh in on Big Tech.

The company promised better returns than the stock market, with a co-founder appearing in TikTok videos with wads of cash alongside an image of Warren Buffett.

The first data center complex for OpenAI’s $100 billion Stargate infrastructure venture will have space for as many as 400,000 of Nvidia Corp.’s powerful AI chips — an amount that, if filled, would make it one of the largest known clusters of artificial intelligence computing power.

Nvidia, GM announce deal for AI, factories and next-gen vehicles  CNBC

AI scammers on Amazon duped investors out of millions with 'passive income' scheme, FTC alleges  CNBC

The company promised better returns than the stock market, with a co-founder appearing in TikTok videos with wads of cash alongside an image of Warren Buffett.

Food tech company GrubMarket said that it has raised $50 million in a Series G funding round, valuing the San Francisco-based firm at more than $3.5 billion.

Anthropic-backed AI-powered code review platform Graphite raises cash  TechCrunch

Arcade raises $12M from Perplexity co-founder’s new fund to make AI agents less awful  TechCrunch

Google signed a "definitive agreement" to acquire Wiz for $32 billion in an all-cash deal