Sources: General Intuition, which trains AI agents in spatial reasoning, is in late-stage talks to raise several hundred million dollars at a $2B+ valuation
Alex Heath / Sources :
Sources: China's Moonshot AI, developer of the Kimi models, is raising several hundred million dollars at a ~$4B valuation and is aiming for an IPO in H2 2026
Wall Street Journal :
Sources: Trump plans to extend TikTok's June 19 sale deadline; ByteDance told the White House that China wouldn't approve a deal until trade negotiations began
again — as Trump administration pushes deadline back Isaiah Richard / Tech Times : TikTok Ban Extension Reportedly Coming Again: POTUS Trump to Give It More Time After June 19 James Hale / Tubefilter ...
Source: Nvidia is in advanced talks to acquire Lepton AI, which rents Nvidia GPU-based servers, for several hundred million dollars; Lepton raised $11M in 2023
Nvidia is in advanced talks to buy Lepton AI, a two-year-old startup that rents out servers powered by Nvidia's artificial intelligence chips …
Sources: Robinhood has drawn down some of its credit lines with banks, tapping at least several hundred million dollars
Robinhood Markets, the trading app that's popular with investors behind some of this month's wildest stock swings, has drawn down some of its credit lines with banks …
Although Lyft has reportedly agreed to acquire Motivate, possibly for $250M, a source says Uber is considering its own bid for the bike-sharing startup
they're getting close Kris Holt / Engadget : Uber may try to buy Citi Bike parent company Motivate Tyler Lee / Ubergizmo : Uber Could Be Thinking Of Buying Bike-Share Company Motivate Shannon Liao / T...
Sources: Benchmark, GV sold ~14.5% of their Uber stakes, worth ~$900M, ~$350M respectively; Garrett Camp sold ~15% for ~$400M; Menlo sold ~46%, First Round ~38%
Google Ventures, or GV, also sold several hundred million dollars of stock in the transaction.