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Sources: Chinese robotaxi company WeRide is seeking about $100M in a US initial public offering and around $200M to $300M in a concurrent private plac
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2024-08-09 13:03:28
By: milo
Perplexity says its AI search engine answered 250M queries in July vs. 500M in all of 2023; sources: Perplexity recently raised $250M at a $3B valuat
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2024-08-09 09:56:26
By: milo
A look at the deepening engagement of EU's auto chipmakers with China as sales suffer in the West; McKinsey: automotive chips market will be wort
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2024-08-09 08:30:37
By: milo
A look at Whisper CEO Michael Heyward's Medialab, which acquired Imgur and Genius and was sued by their founders and others for allegedly failing
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2024-08-09 06:05:49
By: milo
CloudPay, which offers cloud-based payroll and payments services to businesses, raised $120M led by Blue Owl Capital, taking its total funding to $228
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2024-08-09 01:19:37
By: milo
NYC-based Cents, which provides business management and payments services for the laundry industry, raised a $40M Series B, taking its total funding t
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2024-08-09 00:09:52
By: milo
Unity reports Q2 revenue down 16% YoY to $449M, vs. $438M est., a net loss of $125.6M, vs. $192.2M in Q2 2023, and trims its FY 2024 forecast (Emily B
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2024-08-08 23:31:13
By: milo
Sources: enterprise AI company Glean is in advanced talks to raise $250M led by DST Global at a $4.5B valuation, about double its valuation from Febru
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2024-08-08 23:15:12
By: milo
Take-Two reports Q1 net bookings up 1% YoY to $1.22B, vs. $1.25B est., net revenue up 4%, and expects sequential growth in net bookings in FY 2026 and
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2024-08-08 21:10:29
By: milo
Q&A with DOJ antitrust boss Jonathan Kanter on the US' Google win, the Apple deal, competition, being "overjoyed", Google's ap
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2024-08-08 20:22:04
By: milo
Tampa-based Rewst, which provides robotic process automation services, raised a $45M Series C led by Sapphire Ventures, bringing its total raised to $
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2024-08-08 18:16:51
By: milo
The Importance of Domain and DNS Lifecycle Management with Mergers and Acquisitions
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2024-08-08 18:11:42
By: milo
SoundHound acquires Amelia, which makes an AI agent that businesses can customize for internal or customer use, for $80M; PitchBook: Amelia raised $18
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2024-08-08 17:54:55
By: milo
China's SMIC reports Q2 revenue up 21.8% YoY to $1.9B, above est., net profit down 59.1% YoY to $164.6M, vs. $103.8M est., and $2.25B in capit
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2024-08-08 16:55:39
By: milo
Flyr, which provides software to travel companies, raised $225M in equity and $70M in debt, source says at a $900M valuation, bringing its total raise
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2024-08-08 15:26:52
By: milo
China's SMIC reports Q2 revenue up 21.8% YoY to $1.9B, above est., net profit down 59.1% YoY to $164.6M, above $103.8M est., and $2.25B capita
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2024-08-08 12:10:44
By: milo
The UK CMA opens a formal merger inquiry into Amazon's Anthropic investment after getting "sufficient information" about the deal; Amaz
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2024-08-08 11:31:54
By: milo
South Korean prosecutors charge Kakao founder Brian Kim with stock manipulation during the takeover of SM Entertainment, after Kim was arrested in Jul
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2024-08-08 09:44:44
By: milo
Meta closes Ready at Dawn Studios, acquired in 2020 and that produced VR games like Lone Echo and Echo VR, to meet the new Reality Labs budgetary ceil
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2024-08-08 08:35:14
By: milo
Bumble reports Q2 revenue up 3.4% YoY to $268.6M, vs. $273.2M est., and projects 1% to 2% annual revenue growth, vs. 8.4% expected; BMBL drops 28%+ (E
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2024-08-08 08:29:02
By: milo
YouTube channels focusing on cars, like Car Throttle and Donut, have seen an exodus of popular on-camera talent, often after investors acquired their
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2024-08-08 06:23:42
By: milo
Anduril Industries raised a $1.5B Series F co-led by Founders Fund and Sands Capital at a $14B valuation, up from $8.5B after raising $1.5B in Decem
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2024-08-08 04:29:10
By: milo
A group of VCs, including Reid Hoffman and Ron Conway, hosted a "VCs for Kamala" Zoom call to support Harris' campaign with up to 600 a
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2024-08-08 03:06:50
By: milo
Sources: Humane's Ai Pin and accessories have brought in $9M+ in sales and $1M+ worth of product has been returned; 7,000 Ai Pins are still in c
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2024-08-08 00:16:53
By: milo
A US judge orders Ripple to pay a $125M penalty for selling XRP to institutional investors, well below the $2B the SEC had sought in the case; XRP ju
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2024-08-07 23:28:25
By: milo
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