OpenAI Set to Raise $10 Billion From MGX, Coatue, Thrive
OpenAI is nearing a deal to raise about $10 billion from venture investors, according to people familiar with…
Why AI startups are selling the same equity at two different prices
As competition among AI startups heats up, founders and VCs are turning to novel valuation mechanisms to manufacture…
“Mere paas metric hai”: The valuation story most startups sell
Remember the iconic dialog from the 1975 classic Deewar? “Mere paas Ma hai”: Ravi, played by Shashi Kapoor,…
SoftBank Eyes Data Center Group Switch as Son Hunts for AI
SoftBank Group Corp. is studying potential acquisitions including data center operator Switch Inc., people with knowledge of the…
A Veteran Fund Manager on Why He’s Staying Away From Top Tech Stocks
The debate still rages over whether AI is in a bubble, but most agree that the top stocks…
Morocco is a Booming Meteorite Hunting Hub
When a fireball from space crashed into the rocky plains of southeast Morocco in September, Mohamed Benitjit topped…
Asia’s AI Boom Faces Reality Check as Foreigners Deepen Selling
Global investors are pulling money from Asia’s biggest AI markets at the sharpest pace in at least seven…
Nvidia-Backed Firmus Raises $327 Million for AI Data Center Push in Australia – Bloomberg
Nvidia-Backed Firmus Raises $327 Million for AI Data Center Push in Australia BloombergAustralian AI company Firmus to raise $325…
SoftBank Unloads Nvidia Stake for $5.8 Billion in Surprise Move
SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of…
Xpeng Shares Surge to Highest in Eight Months On Optimism Over Humanoid Robots
Xpeng Inc. shares surged to their highest level in three years, amid growing optimism over the Chinese electric…
AMD’s Best Month Since 2001 Brings Show-Me Pressure to Earnings
After its best month in the stock market in almost 25 years, Advanced Micro Devices Inc. needs to…
Surgery-Imaging Firm Ultragreen.ai Starts Gauging Interest for Singapore IPO
UltraGreen.ai, a provider of fluorescence technology used in surgical imaging, has started gauging investor interest for its initial…