Sources: Ineffable Intelligence, founded by former Google DeepMind Principal Scientist David Silver, is raising a $1B seed led by Sequoia at a ~$4B valuation
Sequoia Capital leading funding deal for David Silver's start-up Ineffable Intelligence at $4bn valuation
Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, vs. ~$1.2B est., driven by its self-developed games
Higher operating expenses and investment losses also weighed on the game maker's bottom line — Chinese videogame giant NetEase …
KPMG citing PitchBook data: UK fintech investment totaled almost $11B in 2025 across 418 deals, down from ~$13.4B in 2024 across 527 deals; Revolut raised ~$4B
Investment in the UK financial technology world plummeted by more than 20% last year to the lowest levels since the start …
Sources: ByteDance is in talks to sell game studio Moonton, which it acquired for ~$4B in 2021, to Saudi Arabia-based Savvy Games; Moonton makes Mobile Legends
Bloomberg :
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 :
Bain Capital agrees to sell its data centers in China to a consortium led by Shanghai-listed Shenzhen Dongyangguang in a ~$4B deal
Bloomberg :
Alibaba reports Q1 revenue up 2% YoY to ~$34.6B, below ~$35.4B est., and net income up 76% to ~$5.9B, above ~$4B est., as AI demand drives cloud sales up 26%
Arjun Kharpal / CNBC :
Filing: CoreWeave secures a deal worth ~$4B to provide cloud computing capacity to OpenAI through 2029, in addition to a $12B deal announced before its IPO
The data center builder said in a filing Thursday that OpenAI will pay the sum through 2029. CoreWeave had disclosed a $4 billion deal …
Alibaba agrees to merge its South Korean operations with E-Mart's Gmarket, creating a 50-50 joint venture; sources say the new company could be valued at ~$4B
- Companies announce JV deal in Korea, confirming earlier report — Alibaba seeks inroads abroad as growth slows in China
Fuji Soft's board decided to keep backing KKR's ~$4B buyout offer despite Bain's $4.2B bid, in a rare battle between PE titans over a Japanese software company
Private equity titans cause a stir in the country, with a rare battle over Japanese software company