China’s OpenAI Rivals Reveal IPO Economics
Chinese generative AI startups MiniMax and Zhipu AI have disclosed their financials ahead of potential Hong Kong listings, highlighting modest revenues and mounting losses compared with...
Coverage of funding rounds, IPOs, mergers and acquisitions shaping the next wave of tech companies. Discover how venture capital, private equity and corporate investors identify opportunities, back innovators and influence market dynamics. This category offers a window into the business side of emerging technology and entrepreneurship.
Chinese generative AI startups MiniMax and Zhipu AI have disclosed their financials ahead of potential Hong Kong listings, highlighting modest revenues and mounting losses compared with...
OpenAI is in talks to raise up to $100 billion in new funding, a deal that could value the ChatGPT maker as high as $830 billion....
Amazon is reportedly in early talks to invest up to $10 billion in OpenAI in a deal tied to the use of its AI chips. The...
Microsoft will invest $17.5 billion over four years to expand AI and cloud infrastructure in India, supporting national AI platforms and workforce training initiatives.
SoftBank and Nvidia are negotiating a $1 billion investment in Skild AI, potentially valuing the robotics-focused AI startup at $14 billion, reflecting strong investor interest in...
Cristiano Ronaldo has taken an equity stake in Perplexity and will serve as a global partner, marking one of the most high-profile collaborations between elite sports...
OpenAI buys Neptune for under $400 million in stock, gaining advanced AI model tracking tools and strengthening capabilities in large-scale AI development.
Google and Accel will co-invest up to $2M in early-stage Indian AI startups through Accel’s Atoms program, offering capital, compute credits, and deep technical mentorship.
Amazon is investing up to $50 billion to expand AI and supercomputing capacity for U.S. government agencies through AWS’s secure cloud regions, adding nearly 1.3 gigawatts...
Jeff Bezos joins Project Prometheus as co-CEO, helping lead the AI startup with $6.2 billion in funding to improve manufacturing across tech, automotive, and aerospace sectors.
Anthropic will spend $50 billion on custom AI data centers in Texas and New York, partnering with Fluidstack to boost U.S. compute capacity and support its...
Google will invest €5.5 billion ($6.41 billion) in Germany to expand its cloud and data center capacity, building new facilities in Hesse as part of its...