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How dual-valuation deals became pervasive in the current frenzied AI funding cycle, with prestige VC firms monetizing their brand names by getting bet
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2026-08-15 02:03:22
By: milo
Sources: Anthropic projects 2028 revenue of $190B-$200B, vs. a revenue run rate of $47B in May, as bankers and investors price the company ahead of a
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2026-08-15 01:02:24
By: milo
Sources: Nvidia has reworked a deal to finance an OpenAI Ohio data center campus so that it would initially guarantee only half of its planned $250B b
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2026-08-14 23:55:25
By: milo
SpaceX closes its $60B acquisition of Cursor, two months after SpaceX formally announced it had agreed to acquire the startup (Bloomberg)
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2026-08-14 23:47:25
By: milo
Filing: Nvidia has a nearly $21B stake in SpaceX and a $30B stake in Intel; Nvidia invested as much as $2B in xAI in 2025 and $5B in Intel (Lynn Doan
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2026-08-14 21:57:22
By: milo
Docs: Anthropic told investors it generated $11.5B+ in revenue, with positive adjusted operating income, in Q2, up from $787M in Q2 2025 and $4.73B in
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2026-08-14 21:32:25
By: milo
Investor letter: Thrive's 2022 early-stage $516M fund that invested in OpenAI and SpaceX was worth $3.7B+ as of the end of June, net of fees and
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2026-08-14 20:27:25
By: milo
Sources: PayPal is in talks to sell itself to a group including Stripe and Advent, which proposed paying $60.50 share in July; PayPal is seeking a hig
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2026-08-14 20:09:30
By: milo
Source: OpenAI CFO told investors that enterprise business now generates more revenue than ChatGPT-led consumer business; enterprise customers grew 32
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2026-08-14 19:42:25
By: milo
France investigates tax authority breach after hacker claims 600,000 victims - therecord.media
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2026-08-14 19:15:20
By: milo
Nevada granted Tesla a robotaxi permit, but capped the fleet at 10 vehicles, not 5,000 that Tesla sought, banned airport pickups, and ordered other re
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2026-08-14 18:37:23
By: milo
Dell XPS 13 review: The first budget laptop to rival Neo raises the bar for all PCs
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2026-08-14 16:02:19
By: milo
In Q2, "other income", mostly from investment gains, at Amazon and Alphabet totaled $121B after taxes and made up 66% and 71%, respectively
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2026-08-14 15:33:22
By: milo
SMIC co-CEO Zhao Haijun says the company raised its prices following negotiations with customers in Q1, and that it will charge more for wafers proces
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2026-08-14 14:29:21
By: milo
Sources: stablecoin payments company RedotPay has delayed its plans for a US IPO to 2027 or later, as it seeks regulatory approvals and deals with leg
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2026-08-14 13:54:23
By: milo
Sources: stablecoin payments company RedotPay delays plans for a US IPO to 2027 or later, as it seeks regulatory approvals and deals with legal issues
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2026-08-14 11:17:26
By: milo
Sources: Alibaba is nearing a deal to sell its Lingxi Games to PE firm Trustar Capital at a potential $1.5B+ valuation, as Alibaba continues its reorg
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2026-08-14 10:27:22
By: milo
Blackbird and Airtree revalue Canva at $34.9B, down from $42B in 2025, as it struggles in the AI era; Canva's internal valuation falls to $31B, d
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2026-08-14 08:32:23
By: milo
SMIC co-CEO Zhao Haijun says the company raised prices following negotiations with customers in Q1, and that it will charge more for wafers processed
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2026-08-14 04:51:21
By: milo
Pony AI plans to deploy 2K+ robotaxis across Europe in partnership with Uber and add four more European cities, after Zagreb, with a later Middle East
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2026-08-14 02:39:22
By: milo
Applied Materials reports Q3 revenue up 25% YoY to $9.12B, vs. $8.99B est., net income up 43% to $2.54B, and forecasts Q4 revenue above estimates (Eli
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2026-08-14 00:00:34
By: milo
Sources: OpenAI is on track to generate annualized revenue of $40B+ based on its current performance, roughly doubling its run rate from the end of 20
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2026-08-13 22:34:44
By: milo
Netflix is closing game studios Night School Studio, which it acquired in 2021, and Moonloot, and is also cutting jobs from its internal games team (S
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2026-08-13 21:17:41
By: milo
Sources: Silver Lake is in talks to acquire HR and financial management software maker Workday, which has a market value of $43B; WDAY jumps 18%+ (Mi
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2026-08-13 19:30:04
By: milo
OpenAI hires Dali Rajic, COO of Alphabet's Wiz, as chief revenue officer, replacing ex-Slack CEO Denise Dresser, who was hired in December 2025 a
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2026-08-13 16:22:43
By: milo
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