News fund raising | Silicon UK

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 and an AI-focused device

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

Private capital fundraising in Asia-Pacific on track for 10-year low as VC funding in China drops nearly 55 percent, report finds

Nvidia, Bill Gates, Eric Schmidt in round that values Inflection at $4bn as year-old start-up seeks to outpace OpenAI

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Softbank's ARM Holdings registers for public listing in the US, in a blow to UK listing hopes and high level lobbying

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

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

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

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

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

After a successful public debut that raised hundreds of millions of dollars, coding platform GitLab is now valued at an impressive $13 billion

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