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Latest in AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor

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  • AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor

    Cisco and Pure Storage have backed CoreWeave, which is taking on Amazon in supplying cloud-based Nvidia graphics cards to companies for artificial intelligence.
    Business - CNBC - Yesterday
  • Startup Wonder Buys Grubhub From Just Eat Takeaway for $650 Million

    Startup Wonder Buys Grubhub From Just Eat Takeaway for $650 Million

    The European parent company of the popular food delivery app company had sought to leave the U.S. market since 2022.
    Business - Inc. - Yesterday

  • Cisco sees product orders accelerate in the AI era, and its outlook moves higher

    Networking company sees a 20% boost in product orders for the latest quarter.
    Business - MarketWatch - 13 hours ago
  • Here’s How a Startup Landed $10 Million to Put AI Data Centers in Space

    Here’s How a Startup Landed $10 Million to Put AI Data Centers in Space

    The massive banks of computers needed to power artificial intelligence apps require huge amounts of electricity on Earth. Lumen Orbit wants to send them into the heavens instead.
    Business - Inc. - October 25
  • This Robotics AI ‘Brain’ Startup Just Raised $400 Million From Jeff Bezos, OpenAI, and Others

    This Robotics AI ‘Brain’ Startup Just Raised $400 Million From Jeff Bezos, OpenAI, and Others

    Physical Intelligence, now valued at about $2 billion, aims to create AI models that can power robots.
    Business - Inc. - November 4
  • Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

    Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

    Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off
    Tech - ABC News - October 30
  • Secondary sales of private equity stakes set for record levels amid cash crunch

    Secondary sales of private equity stakes set for record levels amid cash crunch

    Once-niche market sees surge in activity with investors looking for an exit from ageing assets as deal activity slumps
    Business - Financial Times - October 16

  • Frontier's Second Biggest Investor Opposes Sale to Verizon

    Frontier Communications’ second largest investor is the latest stakeholder to come out against the company’s proposed $9.6 billion acquisition by Verizon Communications.
    Business - The Wall Street Journal - October 23

  • Assisted dying: caution and compromise may end in dissatisfaction

    Politicians who support a law change in principle may still vote against the bill that currently falls short
    World - Financial Times - 2 days ago
  • Investors Want to See a Payout on Microsoft’s AI Efforts

    Investors Want to See a Payout on Microsoft’s AI Efforts

    As the tech giant readies a report of what’s forecast as its slowest quarterly growth in a year, shareholders want to see genuine demand for the AI applications it’s spent billions to develop.
    Business - Inc. - October 28
  • Outrider, a Self-Driving Truck Startup, Raises $62 Million

    Outrider, a Self-Driving Truck Startup, Raises $62 Million

    The Colorado company got backing from the VC arm of Koch Industries, as well as Nvidia, New Enterprise Associates, and Prologis’ venture unit.
    Business - Inc. - October 24
  • Wall Street Journal, NY Post sue AI startup

    Wall Street Journal, NY Post sue AI startup

    Media conglomerate News Corp, the conglomerate that owns the Wall Street Journal, New York Post and a number of other media properties, is suing artificial intelligence (AI) startup Perplexity over ...
    Politics - The Hill - October 22
  • AI startup Ideogram launches infinite Canvas for manipulating, combining generated images

    AI startup Ideogram launches infinite Canvas for manipulating, combining generated images

    Users can spread newly generated images out, compare them to older ones, resize and reorder them at will, and even combine two with AI.
    Tech - VentureBeat - October 22
  • Mother of Teen Who Died by Suicide Sues AI Startup

    Mother of Teen Who Died by Suicide Sues AI Startup

    The boy, 14, spent months talking to an artificial character on Character.AI before becoming depressed. His mother blames the company, saying the tech shouldn’t be accessible to minors.
    Business - Inc. - October 24
  • Google's partnership with AI startup Anthropic faces a UK competition investigation

    Google's partnership with AI startup Anthropic faces a UK competition investigation

    Britain’s competition watchdog is opening a formal investigation into Google’s partnership with artificial intelligence startup Anthropic
    Tech - ABC News - October 24

  • Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation

    Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.
    Business - CNBC - October 28
  • Meet the startup that just won the Pentagon’s first AI defense contract

    Meet the startup that just won the Pentagon’s first AI defense contract

    The Pentagon awards its first-ever generative AI defense contract worth $1.8M to Jericho Security, targeting deepfake attacks and AI-powered threats against military personnel including drone pilots.
    Tech - VentureBeat - November 5

  • AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round

    The artificial intelligence search company is raising $500 million in its fourth funding round this year.
    Tech - The Wall Street Journal - November 5
  • Inside the Billion-Dollar Startup Bringing AI Into the Physical World

    Inside the Billion-Dollar Startup Bringing AI Into the Physical World

    Physical Intelligence has assembled an all-star team and raised $400 million on the promise of a stunning breakthrough in how robots learn.
    Tech - Wired - 15 hours ago

  • AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round

    The artificial intelligence search company is raising $500 million in its fourth funding round this year.
    Tech - The Wall Street Journal - November 5

  • Lucid stock tumbles following public offering to raise $1.67 billion

    Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."
    Business - CNBC - October 17
  • How are investors preparing for the Budget?

    How are investors preparing for the Budget?

    Executives are seeking to minimise their exposure ahead of what could be the biggest tax-raising statement for a generation
    Business - Financial Times - October 29
  • Rivian Reassures Investors With Cost Cuts, Green Credit Sales

    Rivian Reassures Investors With Cost Cuts, Green Credit Sales

    Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.
    Business - Inc. - 6 days ago
  • Bitcoin Closes in on the $100,000 Milestone. Investors Can Thank Trump

    Bitcoin Closes in on the $100,000 Milestone. Investors Can Thank Trump

    Investor excitement booms for the pro-crypto president and bitcoin-friendly lawmakers in Congress.
    Business - Inc. - 2 days ago
  • Can AI help Africa close the development gap?

    Can AI help Africa close the development gap?

    Machine learning could have transformative effects on developing economies and societies. But some fear a deepening digital divide
    Business - Financial Times - October 17

  • Nissan shares jump after activist investor takes stake

    Hedge fund Effissimo Capital is known for high-profile campaigns against big Japanese companies
    World - Financial Times - 2 days ago
  • Gallego joins Harris in bringing 2024 closing argument to Arizona

    Gallego joins Harris in bringing 2024 closing argument to Arizona

    Vice President Harris brought her message to the west Thursday and was joined by Senate hopeful Rep. Ruben Gallego (D-Ariz.) in hitting the key battleground of Arizona. “It is time for a new ...
    Politics - The Hill - October 31

  • Merck KGaA Shares Jump on Expectations of AI Boost

    The German company said booming artificial-intelligence demand would help its electronics sales grow faster than previously expected over the medium term.
    Business - The Wall Street Journal - October 17

  • WSJ Tech Live: Executives, Investors and Artists Debate AI's Potential

    Andreessen Horowitz’s Martin Casado says tech policy is in a ‘dangerous place.’
    Tech - The Wall Street Journal - October 23
  • UK visa process for AI experts should be streamlined, says government adviser

    UK visa process for AI experts should be streamlined, says government adviser

    Recommendations from Matt Clifford on boosting the tech industry also include special zones for data centres
    Business - Financial Times - October 30
  • Thom Yorke and Julianne Moore join thousands of creatives in AI warning

    Thom Yorke and Julianne Moore join thousands of creatives in AI warning

    Statement comes as tech firms try to use creative professionals’ work to train AI models. Abba’s Björn Ulvaeus, the actor Julianne Moore and the Radiohead singer Thom Yorke are among 10,500 ...
    World - The Guardian - October 22
  • China’s Baidu joins Meta in race to make AI-integrated smart glasses

    China’s Baidu joins Meta in race to make AI-integrated smart glasses

    Launch comes as Chinese internet groups jostle for dominance in hardware
    Business - Financial Times - 2 days ago
  • Post-Election, Emergency Contraception Sales Are Surging. Women-Led Startups Are Meeting the Demand

    Post-Election, Emergency Contraception Sales Are Surging. Women-Led Startups Are Meeting the Demand

    Customers are stocking up on the morning-after pill—which remains legal in all 50 states—in advance of the next Trump presidency.
    Business - Inc. - 10 hours ago
  • Advance Auto Parts to Close Stores as Sales Outlook Misses Views

    Advance Auto Parts to Close Stores as Sales Outlook Misses Views

    Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.
    Business - The Wall Street Journal - 12 hours ago

  • Chinese driver-assist startup announces $100 million in funding, touts 'deep cooperation' with Nvidia

    Deeproute said it is part of the first batch of companies in China to obtain Nvidia's newer Thor chip for cars and will release a new system using it next year
    Business - CNBC - November 5
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  • AI Startup Coreweave
  • Startup Coreweave Closes
  • Coreweave Closes Million
  • Closes Million Secondary
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