$4b+

Source: Databricks obtained $1.8B in fresh debt and now has over $7B in debt ahead of a potential IPO; it raised $4B+ in December at a $134B valuation

Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC.

Source: Databricks obtained $1.8B in fresh debt and now has over $7B in debt ahead of a potential IPO; it raised $4B+ in December at a $134B valuation

Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC.

Sources: The Bot Company, co-founded by ex-Cruise CEO Kyle Vogt to make AI-powered household robots, is set to raise $250M at a $4B+ valuation

Bloomberg :

Sources: Fal.ai, which hosts multimodal AI models for developers, raised ~$250M at a $4B+ valuation, less than three months after announcing a $125M Series C

Marina Temkin / TechCrunch :

Sources: Chinese AI startup MiniMax files confidentially for a Hong Kong IPO, targeting a $4B+ valuation and aiming to raise $510M+, set to float by 2025's end

Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion …

The US designates Cambodia's Huione Group as a money-laundering operation, saying it laundered $4B+ since August 2021 for criminals such as North Korean hackers

Selam Gebrekidan / New York Times :

The US designates Cambodia's Huione Group as a money-laundering operation, saying it laundered $4B+ since August 2021 for criminals such as North Korean hackers

The Treasury Department said Huione Group and its affiliates had laundered more than $4 billion.

Bain Capital says it will not launch a tender offer for Fuji Soft, after KKR raised its offer earlier in February for the Japanese IT company, valued at $4B+

Sources: Thrive Capital is in talks to invest ~$1B in analytics software maker Databricks at a ~$55B valuation; PitchBook says DataBricks has raised $4B+ so far

Bloomberg :

The US Treasury says its enhanced detection tools, including AI, helped in the prevention and recovery of $4B+ in fraudulent payments in FY 2024, up over 6x YoY

Todd Feathers / Gizmodo :