Sources: online DTC luxury brand Quince is in talks to raise funding at a $10B+ valuation, up from $4.5B in July; its annualized revenue run rate has hit ~$2B
Online retailer Quince is in talks with investors to raise a funding round that would value the company at above $10 billion after the investment …
Amazon will invest $15B in OpenAI initially, followed by $35B if certain conditions are met; OpenAI commits to consuming ~2 GW of Trainium capacity through AWS
eventuallyMakenzie Holland /CIO Dive:AWS gains enterprise edge with OpenAI partnershipReuters:OpenAI's $110 billion funding round draws investment from Amazon, Nvidia, SoftBankLuke James /Tom's Hardwa...
OpenAI raised $110B at a $730B pre-money valuation, up from $500B in a secondary financing in Oct.; Amazon invested $50B, Nvidia and SoftBank invested $30B each
OpenAI announced a $110 billion funding round on Friday, a financing that's more than double the size of its last raise a year ago …
OpenAI says ChatGPT has 900M+ weekly active users, 50M+ consumer subscribers, and weekly Codex users have more than tripled since the start of the year to 1.6M
openai.com/index/scalin... …George Pearkes /@peark.es:OpenAI round from strategic partners. — $110bn raised, $730bn valuation. $30B from SoftBank, $30B from NVIDIA, and $50B from Amazon. — More i...
OpenAI raised $110B at a $730B pre-money valuation, up from $500B in a secondary financing in Oct.; Amazon invested $50B, Nvidia and SoftBank invested $30B each
OpenAI has closed a $110 billion funding round, a financing that's more than double the size of its last raise a year ago, which was a record for a private tech company.
A look at MGX, Abu Dhabi's AI investment vehicle that has Anthropic, xAI, and OpenAI stakes; the firm plans to spend up to $10B annually over the next few years
Government-backed AI investor MGX has a bullish plan to spend up to $10 billion annually over the next few years.
Meta plans to spend more than $10B to build a 1GW data center campus in Lebanon, Indiana, expected to be operational at the end of 2027 or in early 2028
Meta Platforms Inc. said it will spend more than $10 billion to build a data center campus in Lebanon, Indiana, ranking it among …
Blackstone and Coatue loan $10B to Australian AI infrastructure startup Firmus for data center expansion, in one of the country's largest private credit deals
Australian AI startup Firmus Technologies Pty. secured a $10 billion loan from a group including Blackstone Inc.-led funds …
Alphabet reports YouTube's Q4 ad revenue rose 9% YoY to $11.38B, vs. $11.84B est., and YouTube's annual revenue “surpassed $60B across ads and subscriptions”
although it's impossible to compare businesses — BUT that's still about $10 billion LESS than what Reels ~alone~ generated in annual run rate.Julia Alexander /@loudmouthjulia:Also in Alphabet's earnin...
California regulators unanimously approved Verizon's nearly $10B Frontier acquisition; deliberations included Verizon committing to the state's DEI requirements
Utility regulators in California have approved Verizon's propose nearly $10 billion acquisition of peer broadband provider Frontier Communications …