Fund raising

ARM Shares Soar 25 Percent After Nasdaq Listing

Successful public listing for ARM Holdings in the US after its shares rise 25 percent above Nasdaq debut price

1 year ago

ARM Holdings IPO Values Firm At £43.6 Billion

Ahead of its shares listing on Thursday, British chip designer ARM Holdings secures a market value of $54.5bn (£43.6bn)

1 year ago

ARM Signs Up Major Tech Firm Investors, Prices IPO

Apple, Alphabet, Intel, Samsung etc sign up as investors in ARM's upcoming IPO, as management lowers listing valuation

1 year ago

Instacart Reports Revenue Surge Ahead Of IPO

US grocery delivery firm Instacart reports 31 percent revenue surge ahead of delayed offering, as investors look for IPO recovery

1 year ago

ARM ‘Saw Annual Revenue Decline’ Ahead Of IPO

UK-based chip designer ARM reportedly saw 1 percent annual revenue decline due to smartphone slump as it prepares bellwether IPO

1 year ago

SoftBank Acquires Vision Fund ARM Stake At $64bn Valuation

Japan's SoftBank acquires 25 percent ARM stake from its Vision Fund unit in deal that values UK chip designer at…

1 year ago

UK Launches £1 Billion FinTech Fund

FinTech Growth Fund, backed by Mastercard, Barclays and the London Stock Exchange, aims to fund financial technology companies before listing

1 year ago

Vietnam’s VinFast Car Maker Overtakes GM, Ford After IPO

Shares in VinFast surge 270 percent after IPO, valuing Vietnam’s car manufacturer ahead of Ford and General Motors

1 year ago

President Biden Executive Order Targets Tech Investments In China

Tech crackdown against Beijing continues after President Biden signs executive order to prohibit certain tech investments in China

1 year ago

Apple, Amazon In Talks To Invest In ARM – Report

Amazon and Apple reportedly in talks with British chip designer ARM Holdings to be 'anchor investors' before September IPO

1 year ago

ARM Targets $60 Billion Valuation For IPO

Owner Softbank seeks valuation of $60 to $70 billion for September IPO of British chip designer ARM Holdings

1 year ago

Tech Investors Flee China As Political Tensions Worsen

Private capital fundraising in Asia-Pacific on track for 10-year low as VC funding in China drops nearly 55 percent, report…

1 year ago

AMD To Invest $400m In India Over Five Years

US chipmaker AMD confirms big investment in India, plus construction of largest design centre, as New Delhi continues charm offensive

1 year ago

Nvidia In Talks To Be Anchor Investor In ARM – Report

GPU powerhouse reportedly in talks with British chip designer ARM, ahead of its September floatation in New York

1 year ago

Anthropic Opens Rival AI Chatbot To Public

Challenge to OpenAI's ChatGPT and Google Bard, after Anthropic debuts Claude 2 AI chatbot, and opens it to public

1 year ago

Foxconn Abandons Indian Chip Joint Venture, Seeks New Project

Blow to India? Taiwan's Foxconn abandons $19.5 billion chipmaking joint venture with Vedanta, but seeks local incentives for new project

1 year ago

Microsoft-Backed Chatbot Maker Inflection AI Raises $1.3bn

Nvidia, Bill Gates, Eric Schmidt in round that values Inflection at $4bn as year-old start-up seeks to outpace OpenAI

1 year ago

Elon Musk Touts Significant India Investment By Tesla

India has more promise than any other large country in the world, says Elon Musk after meeting Indian PM Modi

1 year ago

ARM In Talks With Potential IPO Investors – Report

Talks with potential 'anchor investors' in ARM's upcoming IPO may include Intel, Alphabet, Apple, Microsoft, TSMC, Samsung etc

1 year ago

Sam Altman Start-Up Worldcoin ‘Close To Securing $100m’

Worldcoin, co-founded by OpenAI chief Sam Altman, close to securing $100m in new funding round amidst 'crypto winter'

1 year ago

ARM Files For IPO, But Not In London

Softbank's ARM Holdings registers for public listing in the US, in a blow to UK listing hopes and high level…

2 years ago

TSMC Investment Plans For Taiwan Unchanged – Report

Amid growing concerns about China's intentions for Taiwan, government minister says TSMC local investments remain unchanged

2 years ago

Apple Doubles Investment In Carbon Removal Fund

Investment by Apple of another $200 million in the ‘Restore Fund’, to remove carbon emissions and support sustainable forestry

2 years ago

Foreign Cash Flows Into China On Alibaba Breakup Plan

Foreign investment in China surges after Alibaba announces breakup plan, as investors see sign of more business-friendly attitude from Beijing

2 years ago

Virgin Orbit Files For Bankruptcy In US

Sir Richard Branson satellite launch firm Virgin Orbit files for bankruptcy in US after failing to secure funding, 18 months…

2 years ago

Paris To Ban E-Scooters After Referendum

Paris to ban e-scooters after voter poll, but providers criticise vote in which only 4 percent of residents took part

2 years ago

Virgin Orbit Lays Off 85 Percent Of Staff

Nearly 700 jobs to go at Sir Richard Branson’s rocket company Virgin Orbit Holdings, amid reports it will cease operations

2 years ago