OpenAI Raises $110B With Backing From SoftBank, Nvidia and Amazon
OpenAI said on Friday it is raising $110 billion in a blockbuster funding round that would value the ChatGPT maker at $840 billion, in a deal that signals the feverish…
Databricks raises $5B at $134B valuation to scale enterprise AI products
Databricks said on Monday it has completed a fundraising of about $5 billion at a $134 billion valuation, as the data analytics software company bolsters its balance sheet to invest…
KKR Raises $2.5B for Second Asia-Pacific Credit Fund
Global investment firm KKR said on Thursday that it has completed a $2.5 billion fundraising for its second credit fund focused on privately originated performing credit investments in the Asia-Pacific…
xAI Raises $20B in Oversubscribed Series E to Scale AI Models and Compute
Elon Musk's artificial intelligence startup xAI announced Tuesday it raised $20 billion in an upsized Series E funding round, exceeding its $15 billion target as it ramps up development of…
Shanghai Biren raises $717 million in Hong Kong IPO
Chinese AI chip startup Shanghai Biren Technology has raised HK$5.58 billion ($716.85 million) in its Hong Kong initial public offering, according to an exchange filing on Wednesday. The semiconductor designer…
Lumexa Imaging raises $462.5 million in IPO
Lumexa Imaging, one of the largest U.S. diagnostic imaging services providers, said on Wednesday it has raised $462.5 million in its initial public offering. Backed by private equity firm Welsh,…