fund raising

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

2 weeks ago

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…

3 weeks ago

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

3 months ago

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

3 months ago

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

3 months ago

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…

10 months ago

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 IPO

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

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

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

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…

2 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…

2 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…

2 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

2 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…

2 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…

3 years ago