The Japanese government plans to invest ~$1.6B in Rapidus over the next two fiscal years to help it mass-produce 2nm logic chips and potentially challenge TSMC
Japan's Rapidus Corp. secured investment totaling ¥267.6 billion ($1.7 billion) from the government and dozens …
eBay agrees to acquire secondhand clothing app Depop from Etsy for ~$1.2B in cash; Etsy bought Depop, popular with Gen Z, in 2021 for $1.6B; ETSY jumps 5%+
The $1.2 billion deal comes as eBay looks to expand its appeal among younger users. — Secondhand clothing apps hit a stride during …
eBay agrees to acquire secondhand clothing app Depop from Etsy for ~$1.2B in cash; Etsy bought Depop in 2021 for $1.6B; ETSY jumps 17%+ after hours
Niko Gallogly /New York Times:
SoftBank reports Q3 net profit of ~$1.6B, below est., and Vision Fund posts a ~$2.4B gain, after a ~$4.2B gain in its OpenAI investment helped it offset losses
SoftBank posted a $2.4 billion gain at its Vision Fund in the December quarter as a jump in the value of its OpenAI investment helped offset losses in some of its other bets.
Sources: AI chip startup SambaNova is seeking to raise $300M to $500M after talks to sell the company to Intel for about $1.6B, including debt, stalled
Sources: AI chip startup SambaNova is seeking to raise $300M to $500M after talks to sell the company to Intel for about $1.6B, including debt, stalled
Artificial intelligence startup SambaNova Systems Inc. is considering raising up to $500 million after talks to sell to Intel Corp. stalled …
India's Supreme Court rules Tiger Global's $1.6B Flipkart stake sale to Walmart in 2018 is subject to taxes, a ruling that will shape future cross-border deals
India's Supreme Court rules Tiger Global's $1.6B Flipkart stake sale to Walmart in 2018 is subject to taxes, a ruling that will shape future cross-border deals
India's top court has ruled that Tiger Global's $1.6 billion stake sale in Indian e-commerce firm Flipkart to Walmart (WMT.O) …
Sources: Intel is in advanced talks to acquire AI chip startup SambaNova for about $1.6B including debt; the deal could come together as soon as next month
Intel Corp. is in advanced talks to acquire artificial intelligence chip startup SambaNova Systems Inc. for about $1.6 billion including debt …
LA-based Metropolis, which operates parking lots that use AI and computer vision, raised $1.6B, including a $500M Series D led by LionTree at a $5B valuation
Metropolis Technologies, a U.S. operator of parking lots that uses artificial intelligence and computer vision to recognize vehicles …