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36 articles found
Indian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 million funding round. While overall capital raised surged, the number of funding rounds saw a decline compared to the previous year. Late-stage deals dominated t
Danish pension fund Akademikerpension has excluded SpaceX from its investments. The fund cited concerns over the company's governance structure and its high valuation. Akademikerpension believes SpaceX's stock is overvalued, with a market indication of over $1.8 trillion. They also highlighted Elon
The post Korea Investment & Securities and OKX to Acquire 40% Stake in Coinone appeared first on Coinpedia Fintech News Korea Investment & Securities and OKX are set to sign an agreement on May 29 to acquire a combined 40% stake in Coinone, with each party taking a 20% share. The transaction is repo
Bloomberg News reported in April that SpaceX was aiming for a valuation above $2 trillion. The target is settling lower after consultations with advisers and investors, the people said, asking not to be identified as the information isn’t public.
Anthropic said on Thursday it has raised $65 billion in a series H funding round, valuing it at $965 billion post-money.
Earlier this month, 21Shares and Bitwise Investments became the first firms to launch HYPE-based exchange-traded funds.
US spot Bitcoin ETFs have turned negative year-to-date with $596 million in outflows as IBIT posted near-record withdrawals and Bitcoin fell below $75,000.
The deal with Aspex comes as Uber is working on a new bid to take over the German food delivery company following an indicative €33-per-share ($38.29) proposal on Saturday, two separate sources said on Thursday, speaking on condition of anonymity because the talks are private.
Transition Ventures, the London-based early-stage firm led by Unity co-founder David Helgason, has closed a $150m second fund, bringing the platform’s assets under management to over $300m. Fund II will continue Transition’s thesis that the most consequential companies of the coming decade will sit
India’s AI market is projected to expand 5.3x over the next five years, reaching $126 Bn by 2030. However, the…
Nvidia will invest $150 billion a year to make Taiwan an AI “epicenter.”
Snowflake is committing $6 billion over five years to Amazon Web Services for Graviton compute and AI infrastructure, the data The post Snowflake commits $6B to AWS as it pushes deeper into AI appeared first on The New Stack.
The CEO of Strategy has made $37 million in total compensation over the past three years while buying less than $20,000 in STRC for his kids. The post Strategy CEO bought $19K of STRC for his kids after making $37M appeared first on Protos.
As Cognition reaches $492 in annualized revenue run rate, it more than doubled its valuation in eight months, it says.
Memory-chip stocks are attracting capital and attention as crypto markets settle into apathy.
Vincent Bolloré has formally turned down Bill Ackman’s Pershing Square offer for Universal Music Group, ending the largest take-private attempt in music-industry history. Vincent Bolloré has formally rejected Bill Ackman’s $64bn offer for Universal Music Group, according to a Reuters report on Wedne
China’s $1.1bn AI, robotics and EV package for Serbia lands four days after 34,000 protesters filled the capital demanding early elections. Brussels has yet to develop a coherent response to either. On Saturday, tens of thousands of Serbians filled the centre of Belgrade in what police estimated as
Using an AI model called BinNet, RevEng hunts vulnerabilities and backdoors in released software binaries. The post RevEng.AI Raises $15 Million to Hunt for Flaws and Backdoors in Software Binaries appeared first on SecurityWeek.
A $1.3 billion off-exchange IBIT block sale shook Bitcoin Tuesday, but experts say the real test is yet to come.
The company will subscribe to 26.7 million fully paid-up equity shares with a face value of Rs 10 each and a premium of Rs 35 per share, PhysicsWallah said in a stock exchange filing. The investment was approved by the company’s audit committee on Wednesday.
