Browsing: billion
General Catalyst, a Silicon Valley-based venture capital firm with more than $43 billion in assets under management, has announced plans to invest $5 billion in India…
Etsy is selling Depop, a second-hand clothing app popular with Gen Z and millennials, to eBay for $1.2 billion in cash, the company says was announced…
Blackstone backs Neysa in up to $1.2 billion in funding as India pushes to build domestic AI infrastructure
By techtost.com
Neysaan Indian AI infrastructure startup, has secured backing from US private equity firm Blackstone as it scales domestic computing capacity amid India’s push to build domestic…
India has cleared a $1.1 billion state venture capital program that will funnel state money to startups through private investors, doubling down on its effort to…
AI inference startup Modal Labs is in talks to raise valuation to $2.5 billion, sources say
By techtost.com
Modal Labsa startup that specializes in artificial intelligence inference infrastructure is talking to VCs about a new round at a valuation of about $2.5 billion, according…
Welcome back to TechCrunch Mobility – your central hub for news and information about the future of transportation. To get it in your inbox, sign up…
Waymo, the self-driving car company owned by Alphabet, has raised $16 billion as it plans to grow its fleet of driverless taxis this year in more…
Nvidia CEO refutes report that his company’s $100 billion OpenAI investment has stalled
By techtost.com
Nvidia CEO Jensen Huang said on Saturday that a recent report of friction between his company and OpenAI was “nonsense”. Huang’s comments came after the Wall…
Three weeks ago, Elon Musk’s artificial intelligence company xAI revealed that it had raised $20 billion in Series E funding round. We now know that Tesla…
Autonomous vehicle startup Waabi has raised $1 billion and partnered with Uber to develop self-driving cars on its ride-hailing platform — the company’s first expansion beyond…