Browsing: billion

Good news, crypto founders! Venture capital activity is collecting in the sector, rebounding from multi-year lows, investment declined in late 2023. In other words, venture folk…

Rivian lost $1.45 billion in the first quarter, showing that recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The electric…

Wave, a UK-born startup developing a self-learning, non-rule-based system for autonomous driving, closed $1.05 billion in Series C funding led by SoftBank Group. This is the…

Climate tech startups raised $8.1 billion in the first quarter, a near-record amount of money that suggests the quiet shutdown of 2023 could have been more…

Digital fraud detection company BioCatch has a new majority shareholder: A UK-based private equity firm, Permirais acquiring shares in the company “primarily” from existing investors, including…

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Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake while providing the self-driving startup with…

Darktrace is set to go private in a deal that values ​​the UK-based cyber security giant at around $5 billion. A newly formed entity called Luke…

xAI, Elon Musk’s 10-month-old competitor to the AI ​​phenomenon OpenAI, is raising $6 billion at an $18 billion pre-money valuation, according to a reliable source close…

Advances in genetic artificial intelligence have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug…