Tag: $3.5 billion,
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Exclusive-Snorkel AI valued at $3.5 billion amid surging demand for complex AI training data
Sept 22 : Data startup Snorkel AI has raised $350 million in fresh funding at a $3.5 billion valuation, its CEO Alex Ratner told Reuters, as booming demand from frontier AI labs for increasingly complex training data and simulated environments fuels rapid growth.Led by Insight Partners and S32, the funding ro
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Nscale seeks about $3.5 billion pre-IPO funding, source says
Sept 4 : Cloud infrastructure provider Nscale is in talks with potential investors to raise about $3.5 billion in pre-IPO funding, a source familiar with the matter said on Friday.Nscale intends to sell as much as $1.5 billion of convertible notes to a group of investors and aims to secure about $2 billion f
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Shein to pay up to $3.5 billion to select pre-IPO investors around Hong Kong listing
HONG KONG, Aug 24 : Online fast-fashion retailer Shein will pay up to $3.5 billion to selected existing investors — almost twice the fresh capital it is seeking in an IPO — to help compensate them for a sharp slide in its valuation, its prospectus showed on Monday.The investors entitled to the payments in
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US spectrum auction raises $3.5 billion, will fund replacing Chinese telecom equipment
June 23 : The U.S. Federal Communications Commission said Thursday an auction of wireless mid-band spectrum raised more than $3.5 billion, which will largely be used to fund the replacement of Chinese telecom equipment.The FCC said up to $3.3 billion of the auction’s proceeds will be used to cover funds bor
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