Latest in Perplexity AI in talks to double valuation to $18 billion, raise up to $1 billion in new funding
Sort by
10,076 items
-
Perplexity AI in talks to double valuation to $18 billion, raise up to $1 billion in new funding
Perplexity AI is in early talks to raise between $500 million and $1 billion in funding at an $18 billion post-money valuation, a source told CNBC.CNBC - Mar. 20 -
CoreWeave aims to raise up to $2.7 billion in IPO
In its updated IPO prospectus on Thursday, CoreWeave said it plans to sell shares at $47 to $55 each, raising a total of up to $2.7 billion.CNBC - Mar. 20 -
Oakland A’s being valued at $2 billion in sale of new shares of team
John Fisher, managing partner of the Oakland A's, is offering new shares in his MLB team at a $2 billion valuation, according to sources.CNBC - Mar. 17 -
Anthropic just gave Claude a superpower: real-time web search. Here’s why it changes everything
Anthropic launches real-time web search for Claude AI, challenging ChatGPT's dominance while securing $3.5 billion in funding at a $61.5 billion valuation.VentureBeat - Mar. 20 -
Salesforce pledges to invest $1 billion in Singapore over five years in AI push
Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.CNBC - Mar. 12 -
Celtics sold for record $6.1 billion, sources say
Bill Chisholm has agreed to purchase the Boston Celtics from the Grousbeck family for a valuation for $6.1 billion, sources told ESPN.ESPN - 6d -
Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook (updated)
Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook.VentureBeat - Mar. 6 -
Trump admin. to cut billions in COVID funding from local health agencies
Federal health officials said they are cutting $11.4 billion in COVID-19-related funds for state and local public health departments.CBS News - 1d -
Trump admin. to cut billions in COVID funding from local health agencies
Federal health officials said they are cutting $11.4 billion in COVID-19-related funds for state and local public health departments.CBS News - 1d -
Trump admin. to cut billions in COVID funding from local health agencies
Federal health officials said they are cutting $11.4 billion in COVID-19-related funds for state and local public health departments.CBS News - 1d -
The Celtics Just Set a Record. NBA Expansion Is Up Next
NBA owners are likely rejoicing over Thursday’s news that the Boston Celtics are being sold for $6.1 billion, the highest price ever paid for a sports franchise. Not only does it help the ...Yahoo Sports - Mar. 20 -
SoftBank expands its AI footprint with $6.5 billion purchase of Ampere Computing
SoftBank Group Corp. announced late Wednesday it is acquiring semiconductor designer Ampere Computing in a $6.5 billion deal that will expand its investments in AI infrastructure.MarketWatch - Mar. 20 -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - Mar. 11 -
Bill Chisholm agrees to buy Boston Celtics for record $6.1 billion
Symphony Technology Group managing partner Bill Chisholm agreed to buy the NBA's Boston Celtics at a $6.1 billion valuation, he announced Thursday.Yahoo Sports - Mar. 20 -
Dollar Tree Is Selling Family Dollar for $1 Billion
Nearly 10 years after buying Family Dollar for about $9 billion, Dollar Tree announced it would sell the retailer to two private equity firms.The New York Times - 1d -
Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion
Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.The New York Times - Mar. 13 -
EPA Cancels $20 Billion in Climate Grants
Here is what we know about the billions in funds that have led to federal investigations, lawsuits and frozen bank accounts for climate nonprofit groups.The New York Times - Mar. 12 -
Google Seals $32 Billion Deal for Cyber Start-Up Wiz
The acquisition could make the Silicon Valley giant a bigger force in cybersecurity, and arrives months after an earlier round of talks collapsed.The New York Times - Mar. 18 -
OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.CNBC - Mar. 10 -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - Mar. 11 -
Perplexity AI makes pitch for TikTok purchase
Perplexity AI is making its pitch for TikTok, as the Trump administration’s deadline to strike a deal and avert a ban on the popular video-sharing platform quickly approaches. The artificial ...The Hill - 6d -
Let Warren Buffet's old $1 billion offer for a perfect March Madness bracket remind you how impossible that is
Warren Buffet is offering everyone $1 billion that he knows no one will ever get.Yahoo Sports - Mar. 16 -
Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake
Ubisoft on Thursday announced it's creating a new gaming subsidiary and that Chinese technology giant Tencent will invest 1.16 billion euros ($1.25 billion) into the unit.CNBC - 7h -
Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake
Ubisoft on Thursday announced it's creating a new gaming subsidiary and that Chinese technology giant Tencent will invest 1.16 billion euros ($1.25 billion) into the unit.CNBC - 7h -
Visa’s AI edge: How RAG-as-a-service and deep learning are strengthening security and speeding up data retrieval
Visa has reduced data retrieval from hours to mere minutes and blocked $40 billion in fraud thanks to gen AI tools.VentureBeat - Mar. 17 -
Peer raises $10.5M for metaverse engine, launches 3D personal planets
Peer announced today it's raised new funding to build its AI-powered metaverse engine and launched its "personal planets" feature.VentureBeat - Mar. 6 -
Who is Bill Chisholm, the new majority owner of the Boston Celtics?
The Boston Celtics were sold Thursday to a group led by Bill Chisholm for a $6.1 billion valuation, the most ever for a North American franchise.Yahoo Sports - Mar. 20 -
Congestion Pricing Is at Risk. So Is the M.T.A.’s $68 Billion Plan.
The M.T.A. has a five-year capital budget proposal for critical upgrades to the subway, buses and commuter railroads. The catch: It depends on $14 billion in federal funding.The New York Times - 1d -
Google Says Its New AI Mode Will Help You Find Better, Deeper Information
The move to make search more efficient with generative AI is a clear shot at OpenAI’s ChatGPT and Perplexity, an AI-powered search engine.Inc. - Mar. 10 -
Mar 18: CBS News 24/7, 1pm ET
Trump and Putin hold high-stakes phone call as fighting continues in Ukraine; Google strikes $32 billion deal to buy cybersecurity firm Wiz.CBS News - 1d -
Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
China's BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two EV rivals heats up.CNBC - 2d -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - Mar. 10 -
In bird flu fight, USDA almost doubling the $1.1 billion already spent
As bird flu continues to spread, impacting poultry farms and the price of eggs, the Agriculture Department says it's almost doubling the amount spent to combat it.CBS News - Mar. 10 -
Liminal Experiences raises $5.8M for UGC and AI gaming
Liminal Experiences, a new user-generated content gaming startup dedicated to using AI to assist human creativity, raised $5.8 million.VentureBeat - Mar. 11 -
Senate Democrats call for USDA funding for local food banks, schools to be restored
Senate Democrats called on the U.S. Department of Agriculture (USDA) to restore funding to local food banks and schools, after it canceled $1 billion in food purchase programs throughout the ...The Hill - Mar. 17 -
Germany’s Marvel Fusion raises €113mn as nuclear fusion race heats up
EQT Ventures and Siemens Energy among new backers in Munich-based start-up’s latest funding roundFinancial Times - 12h -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - Mar. 11 -
Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as competition between the two electric vehicle rivals heats up.NBC News - 2d -
Americans lost $5.7 billion to investment scams in 2024, FTC says. Here's how to protect yourself
Americans lost $5.7 billion to investment fraud in 2024, up 24% from 2023, according to the Federal Trade Commission.CNBC - Mar. 15 -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - Mar. 19
