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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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 & | 0 user ratings | 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 | 0 user ratings | 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 ( | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 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 | 0 user ratings | 2024-08-05 01:33:12 By: milo |
Mynt, the parent company of Philippines-based e-wallet GCash, more than doubled its valuation to $5B after investments from Ayala Corp, Mitsubishi UFJ | 0 user ratings | 2024-08-04 23:27:10 By: milo |
An investigation finds an active trade in Nvidia chips in China despite US restrictions; some Chinese orgs with state military ties have bought restri | 0 user ratings | 2024-08-04 17:16:41 By: milo |
Apple Services Q3 revenue topped Mac, iPad, and wearables combined and may soon exceed hardware profits, but its services can't ever have priorit | 0 user ratings | 2024-08-04 09:51:13 By: milo |
Filings: Warren Buffett's Berkshire Hathaway slashed its stake in Apple by 50% in Q2, following a 13% cut in Q1, leaving it with a position wort | 0 user ratings | 2024-08-03 16:59:46 By: milo |