Fund raising

Trump Media Shares Buckle Over Secondary Offering Plans

Shares in Donald Trump's social media company Trump Media plummet on Monday after company announces plans to issue millions more…

6 days ago

The Netherlands To Spend Billions To Retain ASML Operations

Dutch government will spend 2.5 billion euros ($2.7 billion) to improve infrastructure in Eindhoven, to ensure ASML doesn't move abroad

3 weeks ago

Amazon Pumps Another $2.75 Billion Into Anthropic

Amazon completes its $4bn investment into AI firm Anthropic, after providing an additional $2.75bn in funding

4 weeks ago

Trump’s Truth Social Moves Closer To $5bn Merger

Donald Trump social media firm Truth Social moves step closer to public offering via acquisition by shell company as investors…

4 weeks ago

Intel To Spend $100bn In US, After Biden’s $20bn Award

Big investment planned for US, after Intel wins nearly $20 billion in loans and funding from Biden Administration

1 month ago

UK Joins EU’s Chip Research Program

UK joins European Union's chip funding research scheme, pledging £35 million for EU's 'Chips Joint Undertaking'

1 month ago

Telegram Reaches 900m Users, Nears Profitability

Encrypted messaging app Telegram reaches 900 million users, nears profitability as secretive company considers IPO

1 month ago

Reddit Seeks Valuation Up To $6.4bn In NYSE Listing

Social media platform Reddit seeks valuation of up to $6.4 billion in NYSE listing, as users express concern about investor…

1 month ago

Elon Musk Will Not Fund Candidates After Meeting Donald Trump

SpaceX CEO Elon Musk says he will not fund Joe Biden or Donald Trump in US Presidential election, after Trump…

2 months ago

Reddit Looks For $6.5bn Valuation In NYSE IPO

Social media platform Reddit looks for $6.5bn IPO valuation, significantly down from $10bn value in 2021 private funding funding round

2 months ago

Microsoft Investment In Mistral AI Prompts EU Scrutiny Calls

European lawmakers call for investigation after Microsoft this week made small investment in French startup Mistral AI

2 months ago

Microsoft To Invest €3.2 billion In Germany, Mirroring UK Investment

Microsoft confirms it will invest 3.2 billion euros in Germany for AI and data centres, in welcome move amid a…

2 months ago

OpenAI’s Sam Altman Seeks Trillions To Overhaul Chip Industry – Report

Sam Altman reportedly seeking between $5 and $7 trillion to overhaul semiconductor industry to remove AI chip limitations

2 months ago

UK Government To Fund Two Semiconductor Research Hubs

Government to fund semiconductor research hubs in Bristol and Southampton, to help bring new chip tech to market

2 months ago

UK EV Maker Arrival Collapses Into Administration

British electric vehicle start-up Arrival enters administration three years after being valued at $15bn, with 170 jobs at risk

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…

3 months ago

Intel Spins Out AI Firm Articul8, With DigitalBridge Backing

AI software developed at Intel is being spun off into independent firm Articul8 AI, with investment firm backing

4 months ago

Israel Agrees $3.2bn Grant For Intel $25 Billion Chip Factory

Intel to make its largest ever single investment in Israel, with a $25 billion chip-making factory in the south of…

4 months ago

Hyperloop One To Close Down – Report

Futuristic travel experiment Hyperloop One to cease operations, as assets sold off and remaining staff made redundant

4 months ago

Elon Musk’s xAI Seeks To Raise $1 Billion In Equity

AI startup xAI, founded by one of the richest men in the world Elon Musk, seeks to raise up to…

5 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…

5 months ago

Amazon Creates Team For ‘Olympus’ AI Model – Report

More AI moves by Amazon, amid report of hefty funding for development of large language model (LLM) to rival ChatGPT

6 months ago

WeWork Files For Bankruptcy Protection In US

WeWork, once valued privately at $47bn and seen as future of workplace, files for bankruptcy in US amidst heavy losses

6 months ago

Chinese AI Start-Up Achieves $1bn Valuation In Eight Months

Beijing-based AI start-up 01.AI, founded by computer scientist Kai-Fu Lee, valued at more than $1bn less than eight months after…

6 months ago

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

7 months 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)

7 months 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

8 months 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

8 months ago