fund raising

Xiaomi Raises $5.5bn In Expanded Share SaleXiaomi Raises $5.5bn In Expanded Share Sale

Xiaomi Raises $5.5bn In Expanded Share Sale

Smartphone maker Xiaomi reportedly raises about $5.5bn in Hong Kong share sale as it invests heavily in move to electric…

5 days ago
DeepSeek Shows China Containment Is ‘Illusion’, Says Deutsche BankDeepSeek Shows China Containment Is ‘Illusion’, Says Deutsche Bank

DeepSeek Shows China Containment Is ‘Illusion’, Says Deutsche Bank

Success of China's DeepSeek helps spur broader interest in Chinese tech stocks, as investors reconsider AI business models

2 months ago
Point72 Founder Says DeepSeek Is ‘Super Bullish’ For AI IndustryPoint72 Founder Says DeepSeek Is ‘Super Bullish’ For AI Industry

Point72 Founder Says DeepSeek Is ‘Super Bullish’ For AI Industry

Steve Cohen, founder of hedge fund Point72, says DeepSeek turmoil shows advancement toward artificial superintelligence 'coming quick'

2 months ago
OpenAI Gives Details On For-Profit ShiftOpenAI Gives Details On For-Profit Shift

OpenAI Gives Details On For-Profit Shift

OpenAI to create public benefit corporation in Delaware in effort to put it on even footing with competitors, attract investors

3 months ago
OpenAI In Talks With California Over For-Profit ShiftOpenAI In Talks With California Over For-Profit Shift

OpenAI In Talks With California Over For-Profit Shift

OpenAI reportedly begins early talks with California attorney general over complex transition from nonprofit to for-profit structure

5 months ago
Trump Media Briefly Worth More Than XTrump Media Briefly Worth More Than X

Trump Media Briefly Worth More Than X

Truth Social parent company Trump Media sees shares rally and then sink as stock price follows betting markets on Trump's…

5 months ago
Nvidia Market Value Hit By Historic Single-Day DropNvidia Market Value Hit By Historic Single-Day Drop

Nvidia Market Value Hit By Historic Single-Day Drop

Nvidia market value sees biggest single-day decline on record for a US company, as investors pull back from AI speculation

7 months ago
TikTok Parent ByteDance Seeks $9.5bn In LoansTikTok Parent ByteDance Seeks $9.5bn In Loans

TikTok Parent ByteDance Seeks $9.5bn In Loans

TikTok parent ByteDance seeks landmark $9.5bn in bank loans to refinance existing facility and fund operating expenses amidst expansion

7 months ago
Revolut Valued At $45 Billion, More Than Barclays, NatWestRevolut Valued At $45 Billion, More Than Barclays, NatWest

Revolut Valued At $45 Billion, More Than Barclays, NatWest

Secondary share sale sees UK's Revolut now worth more than Barclays, NatWest and other large European banks

8 months ago
Crypto Firm HashKey Attains Unicorn Status With $100m Funding RoundCrypto Firm HashKey Attains Unicorn Status With $100m Funding Round

Crypto Firm HashKey Attains Unicorn Status With $100m Funding Round

Hong Kong-based crypto firm HashKey Group attains valuation greater than $1bn after $100m funding round, in sign of digital asset…

1 year ago
OpenAI’s Altman Courted Investors For AI Chip, DeviceOpenAI’s Altman Courted Investors For AI Chip, Device

OpenAI’s Altman Courted Investors For AI Chip, Device

In weeks before his shock ouster from OpenAI Altman was reportedly looking to raise billions for an AI chip start-up…

1 year ago
Instacart Reports Revenue Surge Ahead Of IPOInstacart Reports Revenue Surge Ahead Of IPO

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

2 years ago
Tech Investors Flee China As Political Tensions WorsenTech Investors Flee China As Political Tensions Worsen

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…

2 years ago
Microsoft-Backed Chatbot Maker Inflection AI Raises $1.3bnMicrosoft-Backed Chatbot Maker Inflection AI Raises $1.3bn

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

2 years ago
ARM Files For IPO, But Not In LondonARM Files For IPO, But Not In London

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

ByteDance Plans Share Buy-Back As IPO Stalls

Planned share buy-back values TikTok owner ByteDance at $300bn, making it one of world's most valuable start-ups, as IPO plans…

3 years ago

Meta Raises $10 Billion In Bond Offering

First ever bond offering sees Facebook parent Meta Platforms raise $10 billion, as it seeks to bolster finances, amid heavy…

3 years ago

SoftBank Sells Off Uber Stake, Cuts Vision Fund Staff

Japan's SoftBank sells off Uber stake, plans to cut staff at flagship Vision Fund investing arm as market turmoil leads…

3 years ago

ABB Delays IPO Of Electric Vehicle Charging Unit

Swiss industrial and tech conglomerate ABB delays planned flotation of electric vehicle charging operations a second time, citing market volatility

3 years ago

Bitcoin Recovers After Sinking Below $20,000

Bitcoin and other cryptocurrencies held on to Sunday gains after the biggest cryptocurrency dipped below $20,000 on Saturday, amidst industry…

3 years ago

GitLab Raises $800m In Successful Initial Public Offering

After a successful public debut that raised hundreds of millions of dollars, coding platform GitLab is now valued at an…

3 years ago

Amazon-Backed Rivian Raises Another $2.5bn From Investors

Electric vehicle start-up raises another $2.5bn from existing investors such as Amazon, as it looks to deliver first vehicles this…

4 years ago