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How Vuori reached a $5.5 billion valuation by taking share from Lululemon
When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get investors to give it the time of day.NBC News - 2d -
Report: Warriors' $9.14 billion valuation tops NBA
The Warriors' $9.14 billion valuation was tops in the NBA, followed by the Knicks at $8.3 billion and the Lakers at $8.07 billion, according to Sportico.ESPN - 2d -
Smart ring start-up Ōura raises $200mn as valuation leaps to $5.2bn
Finnish company’s growing popularity has led to its sales more than doubling this yearFinancial Times - 2d -
How Vuori reached a $5.5 billion valuation by taking share from Lululemon
Vuori has grown from a no-name brand into a $5.5 billion empire by building a profitable and growing business and taking share from Lululemon.CNBC - 2d -
AMD invests in GPU cloud provider Vultr at $3.5 billion valuation
AMD's investment in Vultr comes after Nvidia backed GPU startup CoreWeave.CNBC - 3d -
FirstFT: Microsoft buys twice as many Nvidia AI chips as its rivals in 2024
Also in today’s newsletter, Brazil’s currency comes under pressure while carmakers Honda and Nissan hold merger talksFinancial Times - 3d -
Microsoft acquires twice as many Nvidia AI chips as tech rivals
OpenAI’s biggest backer buys nearly half a million GPUs this year in race to build artificial intelligence systemsFinancial Times - 4d -
Microsoft's Xbox Wireless Controllers Are On Sale For As Low As $35 At Amazon
Official Xbox Wireless Controllers by Microsoft are discounted to low prices ahead of Christmas. Some of these deals mirror what we saw during Black Friday, but a few controllers are actually on ...GameSpot - 4d -
Nvidia stock is in a correction. Microsoft’s CEO may have just said something very worrying.
Satya Nadella, Microsoft’s CEO, and believed to be a big customer of Nvidia was talking about abundant chip supply in a recent interview.MarketWatch - 4d -
Databricks announces $10 billion financing at $62 billion valuation
The company's new valuation is up from $43 billion in 2023.CNBC - 4d -
Palantir’s high valuation paints a stark picture of the S&P 500’s priciest picks
You have probably seen warnings that after two years of double-digit gains for the S&P 500, stocks are getting pricey. Then again, you find warnings that the sky is about to fall down every day in ...MarketWatch - 4d -
Sam Altman on Microsoft, Trump and Musk
The OpenAI C.E.O. spoke with Andrew Ross Sorkin at the DealBook Summit.The New York Times - Dec. 14 -
Software Firm ServiceTitan Hits $9 Billion Valuation
ServiceTitan’s shares opened at $40 more apiece than the IPO price.Inc. - Dec. 12 -
Protected: Nvidia unveils next-gen AI and industrial digitalization capabilities at Microsoft Ignite
Together, Nvidia and Microsoft are helping businesses unleash the full potential of AI, driving more efficiencies and transformation.VentureBeat - Dec. 12 -
Harvard Is Releasing a Massive Free AI Training Dataset Funded by OpenAI and Microsoft
The project’s leader says that allowing everyone to access the collection of public-domain books will help “level the playing field” in the AI industry.Wired - Dec. 12 -
Here’s how big a hit Microsoft is taking on its investment in GM’s Cruise
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s Cruise robotaxi unit back in 2021.MarketWatch - Dec. 11 -
Microsoft to Incur $800 Million Charge Tied to Cruise Robotaxi
Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program.The Wall Street Journal - Dec. 11 -
Xbox App Just Added 400 PC Games And Microsoft Wants More
Microsoft has announced its ambition to bring all PC games with Xbox features into the Xbox app, and those plans continue today with the addition of over 400 games.. Xbox's Chris Charla shared the ...GameSpot - Dec. 11 -
SpaceX valuation surges to $350 billion as company buys back stock
The valuation of Elon Musk's SpaceX hit $350 billion based on a secondary share sale, CNBC confirmed Wednesday.CNBC - Dec. 11 -
Supreme Court dismisses Nvidia’s appeal in securities lawsuit
The Supreme Court on Wednesday dismissed an appeal from Nvidia in a securities lawsuit against the chipmaking giant, allowing the case to move forward. The court dismissed the appeal as ...The Hill - Dec. 11 -
Michael Saylor's case for Microsoft buying bitcoin gets rejected by shareholders
Microsoft investors voted against a proposal to consider diversifying the company's balance sheet by purchasing bitcoin.CNBC - Dec. 11 -
Microsoft 365 suffers outage Tuesday morning
Microsoft 365 users reported being unable to access essential apps Tuesday morning.CBS News - Dec. 10 -
Nvidia Faces Antitrust Investigation in China
The move by Chinese regulators came a week after the Biden administration expanded curbs on the sale of advanced U.S. technology to China.The New York Times - Dec. 9 -
Nvidia Probed in China Over Possible Antimonopoly Violations
Beijing opened the investigation a week after the U.S. placed additional export controls on China’s access to high-end semiconductors.The Wall Street Journal - Dec. 9 -
How Microsoft Decides When Xbox Games Come To PlayStation
The newest big Xbox exclusive game, Indiana Jones and the Great Circle, is officially available for everyone today, December 9--that is, if you own an Xbox or a PC or subscribe to Game Pass ...GameSpot - Dec. 9 -
China launches antitrust probe into Nvidia
Move comes as tensions deepen between Washington and Beijing over development of AIFinancial Times - Dec. 9 -
OpenAI Considers Revising AGI Arrangement With Microsoft
The Sam Altman-led company might end up licensing artificial general intelligence technology to Microsoft after all.Inc. - Dec. 6 -
OpenAI seeks to unlock investment by ditching ‘AGI’ clause with Microsoft
Start-up discusses removing provision to protect powerful technology from being misused for commercial purposesFinancial Times - Dec. 6 -
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How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.The New York Times - Dec. 5 -
How Microsoft defends against 7000 password attackers per second
Vasu Jakkal's reflects how AI is the core DNA of Microsoft security, permeating every product and service the software giant produces.VentureBeat - Dec. 5 -
Nvidia Rules A.I. Chips, but Amazon and AMD Emerge as Contenders
Amazon, Advanced Micro Devices and several start-ups are beginning to offer credible alternatives to Nvidia’s chips, especially for a phase of A.I. development known as “inferencing.”The New York Times - Dec. 3 -
Citigroup’s stock beckons with potential Trump tariff boost and cheap valuation: analyst
President-elect Donald Trump’s potential tariffs may result in more business for the bank as clients re-evaluate trading partners and supply chains.MarketWatch - Dec. 3 -
FTC Opens Microsoft Antitrust Inquiry
It will fall to the incoming Trump administration to pursue or drop the investigation.Inc. - Dec. 3 -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - Dec. 3 -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - Dec. 3 -
Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...The Wall Street Journal - Dec. 3 -
Microsoft faces £1bn class action case in UK over software prices
It is alleged the tech giant overcharged companies for its Window Server software, used in cloud computing.BBC News - Dec. 3 -
Top tech stocks are ‘cash machines,’ so keep buying, says the dean of valuation
Aswath Damodaran, the NYU Stern School of Business finance professor, says big tech stocks are “insanely profitable,” and should be bought in case of pullbacks.MarketWatch - Dec. 3 -
FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop
Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump ...ABC News - Dec. 2