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China's Honor pledges $10 billion AI investment and deepens ties with Google in global push
Honor is looking to expand outside of China and push into the higher-end part of the market where Apple and Samsung play.CNBC - 1d -
Ramp secures $13 billion valuation in deal allowing employees, investors to sell shares
The deal is also the latest in a string of private companies letting employees cash out shares and lowering the pressure on themselves to go public.CNBC - 3h -
Amazon-backed AI firm Anthropic valued at $61.5 billion after latest round
Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC.CNBC - 20m -
Swiss Re expects L.A. wildfires to cost the global insurance industry $40 billion, making them the costliest U.S. fires ever
Swiss Re said that its losses from the Los Angeles wildfires would come in under $700 million and that it had no plans to “pull back” from California.MarketWatch - 4d