Zhipu previously raised $400M at an approximately $3B valuation in May 2024.
confirmed 1 article 2024-12-17
Zhipu $400M ~$3B valuation May 2024
Beijing-based AI startup Zhipu, which aims to make services tailored to the China market, raised $412M, after raising $400M at a ~$3B valuation in May 2024
Bloomberg · 2024-12-17 · #31
Pune-based industrial AI startup Haber raises $44M Series C (including $38M equity and $6M debt) led by Creaegis, BEENEXT, and Accel.
confirmed 1 article 2024-12-17
Haber Creaegis BEENEXT Accel
Pune, India-based industrial AI startup Haber raised a $44M Series C, including $38M in equity and $6M in debt, led by Creaegis, BEENEXT, and Accel
FinSMEs · 2024-12-17 · #32
GlobalWafers finalizes $406M in CHIPS Act funding.
confirmed 1 article 2024-12-17
GlobalWafers CHIPS Act
Taiwanese silicon wafer maker GlobalWafers finalizes $406M in CHIPS Act funding, part of a plan to invest nearly $4B to help build plants in Texas and Missouri
Bloomberg · 2024-12-17 · #27
GlobalWafers plans to invest nearly $4B to help build plants in Texas and Missouri.
confirmed 1 article 2024-12-17
GlobalWafers Texas Missouri manufacturing plants
Taiwanese silicon wafer maker GlobalWafers finalizes $406M in CHIPS Act funding, part of a plan to invest nearly $4B to help build plants in Texas and Missouri
Bloomberg · 2024-12-17 · #27
BVNK is reported to have roughly $40M in annualized revenue.
confirmed 1 article 2024-12-17
BVNK ~$40M annualized revenue
UK-based BVNK, a stablecoin infra startup with ~$40M in annualized revenue, raised a $50M Series B led by Haun Ventures; a source said it values BVNK at ~$750M
Fortune · 2024-12-17 · #20
Coda was valued at $1.4 billion in 2021.
confirmed 1 article 2024-12-17
Coda $1.4B (2021)
Grammarly buys productivity startup Coda, set to close in January, and names Coda co-founder and CEO Shishir Mehrotra as CEO; Coda had a $1.4B valuation in 2021
Bloomberg · 2024-12-17 · #25
Databricks was valued at $62B in the funding round.
confirmed 1 article 2024-12-17
Databricks $62B
Databricks raised $10B from a16z, Thrive, and others at a $62B valuation, among the largest VC raises in history; documents show Databricks has $2.6B in revenue
Wall Street Journal · 2024-12-17 · #1
Databricks raised $10B from a16z, Thrive, and other investors.
confirmed 1 article 2024-12-17
Databricks a16z Thrive other investors $10B
Databricks raised $10B from a16z, Thrive, and others at a $62B valuation, among the largest VC raises in history; documents show Databricks has $2.6B in revenue
Wall Street Journal · 2024-12-17 · #1
Databricks' $10B raise is among the largest venture capital fundraises in history.
confirmed 1 article 2024-12-17
Databricks $10B raise
Databricks raised $10B from a16z, Thrive, and others at a $62B valuation, among the largest VC raises in history; documents show Databricks has $2.6B in revenue
Wall Street Journal · 2024-12-17 · #1
Documents show Databricks has $2.6B in revenue.
confirmed 1 article 2024-12-17
Databricks $2.6B
Databricks raised $10B from a16z, Thrive, and others at a $62B valuation, among the largest VC raises in history; documents show Databricks has $2.6B in revenue
Wall Street Journal · 2024-12-17 · #1
UK-based BVNK raised a $50M Series B led by Haun Ventures.
confirmed 1 article 2024-12-17
BVNK Haun Ventures $50M Series B
UK-based BVNK, a stablecoin infra startup with ~$40M in annualized revenue, raised a $50M Series B led by Haun Ventures; a source said it values BVNK at ~$750M
Fortune · 2024-12-17 · #20
A source said BVNK is valued at approximately $750M.
rumored 1 article 2024-12-17
BVNK ~$750M
UK-based BVNK, a stablecoin infra startup with ~$40M in annualized revenue, raised a $50M Series B led by Haun Ventures; a source said it values BVNK at ~$750M
Fortune · 2024-12-17 · #20
Toronto-based Hostaway raises $365M in a funding round led by General Atlantic at a $925M valuation; the company had raised $175M in 2023.
confirmed 1 article 2024-12-17
Hostaway $365M General Atlantic (lead investor) $925M valuation $175M prior raise in 2023
Toronto-based Hostaway, which offers vacation rental management tools, raised $365M led by General Atlantic at a $925M valuation, after raising $175M in 2023
TechCrunch · 2024-12-17 · #28
Beijing-based AI startup Zhipu raised $412M, according to Bloomberg.
confirmed 1 article 2024-12-17
Zhipu $412M
Beijing-based AI startup Zhipu, which aims to make services tailored to the China market, raised $412M, after raising $400M at a ~$3B valuation in May 2024
Bloomberg · 2024-12-17 · #31
Agave Games, the Turkish developer of Find the Cat (10M+ downloads since its August 2024 release), raised an $18M Series A at a $100M valuation.
confirmed 1 article 2024-12-17
Agave Games
Turkish startup Agave Games, developer of Find the Cat, which has 10M+ downloads since its August 2024 release, raised an $18M Series A at a $100M valuation
TechCrunch · 2024-12-17 · #30
Sources report that Revolut staff and early investors offloaded nearly $1B of Revolut stock in a secondary sale since August 2024.
rumored 1 article 2024-12-16
Revolut staff early investors Revolut stock
Sources: Revolut staff and early investors offloaded nearly $1B in stock in a secondary sale since August 2024, after the UK granted Revolut its banking license
Financial Times · 2024-12-16 · #18
Empower provides about 100,000 rides per week in Washington, D.C.
confirmed 1 article 2024-12-16
Empower Washington, D.C.
A profile of US ride-hailing startup Empower, which does 100K rides per week in DC despite refusing to register with the city's Department of For-Hire Vehicles
New York Times · 2024-12-16 · #11
Fastmarkets reports gallium price rose to $595 per kilogram on December 13, the highest since 2011.
confirmed 1 article 2024-12-16
Fastmarkets gallium price
Fastmarkets: the price of gallium, a metal used to make chips, rose to $595 per kilogram on December 13, the highest since 2011, after China restricted exports
Bloomberg · 2024-12-16 · #17
The price of gallium rose to $595 per kilogram on December 13, marking the highest level since 2011.
confirmed 1 article 2024-12-16
gallium $595 per kilogram highest since 2011
Fastmarkets: the price of gallium, a metal used to make chips, rose to $595 per kilogram on December 13, the highest since 2011, after China restricted exports
Bloomberg · 2024-12-16 · #17
SoftBank will invest $100 billion in the U.S. over the next four years, announced by CEO Masayoshi Son at a meeting with Trump.
confirmed 1 article 2024-12-16
SoftBank United States $100 billion
At a meeting with Trump, Masayoshi Son says SoftBank will invest $100B and create 100K jobs in the US, largely via AI-focused jobs and infrastructure projects
CNBC · 2024-12-16 · #8
61% of the €10.6B Iris² project will be funded publicly.
confirmed 1 article 2024-12-16
Iris² public funding (61%)
The EU signs a deal to build the €10.6B Iris² satellite internet network to rival Starlink, with 61% of the project funded publicly, starting operations in 2030
Financial Times · 2024-12-16 · #3
BlackBerry sells its beleaguered cybersecurity business Cylance to Arctic Wolf for $160 million, a significant write-down from the $1.4 billion BlackBerry paid in 2018.
confirmed 1 article 2024-12-16
BlackBerry Cylance Arctic Wolf
BlackBerry sells its beleaguered cybersecurity business, Cylance, to Arctic Wolf for $160M, after paying $1.4B to acquire Cylance in 2018
TechCrunch · 2024-12-16 · #5
SoftBank's announced $100B U.S. investment is described as largely directed toward AI-focused jobs and infrastructure projects.
confirmed 1 article 2024-12-16
SoftBank AI-focused jobs infrastructure projects United States
At a meeting with Trump, Masayoshi Son says SoftBank will invest $100B and create 100K jobs in the US, largely via AI-focused jobs and infrastructure projects
CNBC · 2024-12-16 · #8
Snapchat will roll out a unified monetization program starting February 1, 2025 to pay influencers for ads placed in eligible Stories and Spotlight posts.
confirmed 1 article 2024-12-16
Snapchat influencers Stories Spotlight
Snapchat plans to roll out a unified monetization program to pay influencers for ads placed in eligible Stories and Spotlight posts starting February 1, 2025
The Verge · 2024-12-16 · #7
Silicon Valley billionaires and their companies offered checks to President-elect Donald Trump during a week of frenzied activity to woo him.
confirmed 1 article 2024-12-15
Silicon Valley billionaires their companies President-elect Donald Trump
While businesses frequently try to get on an incoming president's good side, the past week's frenzy of tech leaders to woo Trump stood out from other industries
New York Times · 2024-12-15 · #5
Sony successfully turned itself around through strategic changes in its games business and a renewed focus on original content.
confirmed 1 article 2024-12-15
Sony
How Sony turned itself around by innovating its games business beyond consoles and making acquisitions to expand its IP and focus on original content
CNN · 2024-12-15 · #7
The European Commission pledges €750M of a planned €1.5B investment to fund AI-optimized supercomputers across seven sites to help EU startups compete with global rivals.
confirmed 1 article 2024-12-15
European Commission €750M AI-optimized supercomputers seven sites EU startups
The EC pledges €750M of the €1.5B planned investment to fund AI-optimized supercomputers across seven sites to help EU startups compete with global rivals
Politico · 2024-12-15 · #8
Broadcom is on a path toward a $1 trillion market capitalization, according to the report.
confirmed 1 article 2024-12-15
Broadcom
A look at Broadcom's path to $1T in market cap: stock up 760%+ and three deals worth $10B+ after abandoning its $120B bid to acquire Qualcomm in 2018, and more
CNBC · 2024-12-15 · #12
Analysis indicates the Apple App Store market for AI-based creative apps is saturated.
confirmed 1 article 2024-12-15
Apple App Store AI-based creative apps
An analysis of App Store rankings shows how market saturation for AI-based creative apps is making it harder to find good apps that use AI in more focused ways
The Verge · 2024-12-15 · #22
A proposed solution is to pay people to create data and use it with their consent — relying on human-sourced datasets to alleviate the shortage.
confirmed 1 article 2024-12-15
AI developers content creators human-sourced data
AI companies, running out of conventional training datasets from the web, may be forced to shift from big, all-purpose LLMs to smaller, more specialized models
Nature · 2024-12-15 · #24