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UK filings: since 2023, Saudi Arabia's PIF has put $750M into Magic Leap, including $160M so far in 2024; Magic Leap says it needs to raise more
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2024-08-06 13:38:49
By: milo
Google says the Chromecast with Google TV 4K and HD will remain on sale until stocks run out, as the company stops making Chromecast, first launched i
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2024-08-06 13:33:38
By: milo
Peter Thiel-Backed Cyber Warfare Contractor Boldend Gets Acquired - Forbes
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2024-08-06 13:32:26
By: milo
Uber reports Q2 revenue up 16% YoY to $10.7B, Gross Bookings up 19% YoY to $40B, vs. $39.7B est., Mobility Gross Bookings up 23% YoY to $20.6B, and 7.
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2024-08-06 11:14:45
By: milo
How Google's Character.AI deal, which sources say had a $2B licensing fee, and other Big Tech AI deals show startups are seeking bailouts after r
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2024-08-06 11:04:05
By: milo
Apple and Mozilla will take a big revenue hit if the Google search ruling is upheld; in 2021 to 2022, $510M of Mozilla's $593M revenue came from
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2024-08-06 09:27:42
By: milo
Riverlane, a Cambridge, UK-based maker of quantum error correction tech, raised a $75M Series C led by Planet First Partners, sources say at a $400M v
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2024-08-06 06:42:03
By: milo
Sources: Huawei, Baidu, and other Chinese tech companies have been stockpiling Samsung HBM chips since early 2024, in anticipation of US curbs on thos
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2024-08-06 04:45:43
By: milo
Apple and Mozilla will take a big hit if the Google search ruling is upheld; in 2021-2022, $510M out of $593M of Mozilla's revenue came from its
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2024-08-06 02:37:08
By: milo
Palantir raises 2024 revenue guidance to $2.74B-$2.75B and operating income guidance to $966-$974M, vs. $882.9M est., citing AI demand; PLTR up 16%+ a
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2024-08-05 20:31:19
By: milo
Software consultancy Thoughtworks to be taken private by PE firm Apax Partners for $1.75B; TWKS jumps 26%+ but is still far below its 2021 IPO price
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2024-08-05 19:35:37
By: milo
Source: Placer.ai, which provides AI-powered market research based on location data, raised $75M at a $1.45B valuation, up from $1B at its Series C (I
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2024-08-05 17:43:41
By: milo
Investor letter: Josh Kushner says Thrive Capital raised a $1B early-stage fund and a $4B late-stage fund, its largest-ever pair, after backing OpenAI
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2024-08-05 15:35:54
By: milo
Savvy Wealth, a digital wealth management service for financial advisors and clients, raised a $26.5M Series A led by Canvas, taking its total funding
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2024-08-05 14:51:04
By: milo
Apple, Nvidia, Alphabet, Amazon, Meta, and Microsoft stocks led a tech stock sell-off amid US recession fears; AAPL drops 5%, NVDA drops 7%+, and MSFT
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2024-08-05 14:11:43
By: milo
Investor letter: Elliott Management says megacap tech stocks, particularly Nvidia, were in "bubble land", and AI is "overhyped" an
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2024-08-05 13:59:53
By: milo
Sources: Chinese generative AI startup Moonshot raised $300M+ at a $3.3B valuation from Tencent, Alibaba, and others, after raising $1B in February 20
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2024-08-05 11:27:10
By: milo
Investor letter: Josh Kushner says Thrive Capital raised $1B early-stage and $4B late-stage funds, its largest-ever pair of funds, after backing OpenA
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2024-08-05 11:15:41
By: milo
AI chip startup Groq raised a $640M Series D led by BlackRock at a $2.8B valuation, up from $1B after raising $300M in 2021, and adds an Intel executi
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2024-08-05 11:10:11
By: milo
Infineon reports Q3 revenue down 9.5% YoY to €3.7B, below €3.79B est., and €2.11B in automotive chip sales, down from &
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2024-08-05 10:47:47
By: milo
CrowdStrike says Delta CEO Ed Bastian failed to respond to an assistance offer from CEO George Kurtz; CrowdStrike hopes Delta will "agree to work
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2024-08-05 10:13:01
By: milo
Music streaming has exited its high-growth era, as big streaming services pick up fewer new subscribers, causing revenue shortfalls for music labels (
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2024-08-05 08:43:05
By: milo
An investigation finds an active trade in Nvidia chips in China despite US restrictions; some military-tied Chinese organizations have bought restrict
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2024-08-05 08:09:46
By: milo
Mynt, the parent company of Philippines-based e-wallet GCash, more than doubled its valuation to $5B after investments from Ayala and Mitsubishi UFJ F
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2024-08-05 08:09:45
By: milo
Despite a weak earnings report, corporations are still buying from Intel, which continues to dominate market share for non-AI computing workloads on s
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2024-08-05 01:33:12
By: milo
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