Sources: Sequoia's Ravi Gupta and ex-Meta CRO John Hegeman seek to raise $1B+ for a holding company to acquire at least one company and infuse it with new tech
Sequoia Capital partner Ravi Gupta and former Meta Platforms Inc. Chief Revenue Officer John Hegeman are looking to raise …
Activist investor Elliott invests $1B into Pinterest to fund stock buybacks; PINS jumps 7%+
Docs: the US DHS has signed a five-year, $1B blanket purchase agreement with Palantir, letting agencies like CBP and ICE skip the competitive bidding process
“If you are interested in helping shape and deliver the next chapter of Palantir's work across DHS, please reach out,” a Palantir executive wrote …
Docs: DHS has signed a five-year, $1B blanket purchase agreement with Palantir, allowing agencies like ICE to skip the competitive bidding process
“If you are interested in helping shape and deliver the next chapter of Palantir's work across DHS, please reach out,” a Palantir executive wrote …
Mobile gaming company Scopely buys a majority stake in Istanbul-based studio Loom, maker of puzzle game Pixel Flow!; a source says the deal values Loom at $1B+
“It's been a privilege to have a front row seat to the team's rapid growth and success and see them become the latest Turkish startup …
Source: Apollo nears a ~$3.4B loan deal to a Valor-led investment vehicle to buy Nvidia chips for leasing to xAI; through fall 2025, xAI was burning $1B+/month
Source: Apollo nears a ~$3.4B loan deal to a Valor-led investment vehicle to buy Nvidia chips for leasing to xAI; through fall 2025, xAI was burning $1B+/month
Apollo Global Management, one of Wall Street's biggest private credit firms, is nearing a deal to lend about $3.4 billion …
Resolve AI, which offers AI agents to monitor source code, databases, and infrastructure to address outages, raised $125M led by Lightspeed at a $1B valuation
SpaceX acquires xAI; sources say the all-stock deal values the combined company at $1.25T, with SpaceX valued at $1T and xAI at $250B; xAI burns ~$1B per month
Elon Musk's SpaceX has acquired xAI, in a deal that encompasses the billionaire's increasingly costly ambitions to dominate artificial intelligence and space exploration.