SK Hynix Files to Raise $29 Billion in Nasdaq ADR Listing
SK Hynix filed to raise about $29 billion through a Nasdaq ADR listing set for July 10, roughly double earlier estimates, to fund its AI memory...
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.
SK Hynix filed to raise about $29 billion through a Nasdaq ADR listing set for July 10, roughly double earlier estimates, to fund its AI memory...
Qualcomm agreed to acquire Modular, the AI software startup led by Chris Lattner, to build a hardware-agnostic software layer and challenge Nvidia in data center AI.
ByteDance's record offshore loan would nearly double its 2024 facility and help fund capital spending that could reach $70 billion this year on AI data centers.
Google is investing about $75 million in indie studio A24, pairing it with DeepMind to build AI filmmaking tools in its first stake in a studio.
Mistral's reported €3 billion round would fund a 1-gigawatt European compute buildout, yet leaves the OpenAI rival far smaller than US and Chinese rivals.
SK Hynix, Nvidia's largest memory partner and the HBM market leader, awaits SEC clearance for an ADR listing as its stock trades at a persistent Korea...
Anthropic committed $150 million to Claude Corps, a fellowship paying 1,000 early-career workers to spend a year embedding AI in US nonprofits.
SpaceX is pitching investors on a vertically integrated AI strategy spanning chips, data centers and even compute satellites in orbit, bankrolled by Starlink's profits.
SpaceX IPO sold 555.6 million shares at a fixed $135, nearly tripling the prior record as heavy demand bets on Musk despite steep losses and no...
Jeff Bezos's industrial AI startup Prometheus raised $12 billion at a $41 billion valuation, emerging from stealth to build AI for engineering and manufacturing.
More than 600 OpenAI employees sold a combined $6.6 billion in shares in October, marking one of the largest pre-IPO payouts in Silicon Valley history.
OpenAI has submitted a confidential S-1 filing with the SEC, joining Anthropic and SpaceX in a rare simultaneous push toward public markets by three of the...