Tag: Venture capital
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SpaceX stock closes below debut price at $148 in two-day slide after Nasdaq 100 inclusion
SpaceX’s record IPO raised a total of $85.7 billion after underwriters exercised the “greenshoe” overallotment.
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SambaNova hits $11 billion valuation as investors back Nvidia chip challengers
SambaNova is valued at $11 billion after fresh financing led by General Atlantic, as AI chip startups look to challenge Nvidia.
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Klarna seeks U.S. bank charter in latest push beyond buy now, pay later
Klarna joins a wave of fintech and crypto firms seeking entry to the traditional banking system.
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Waymo and Uber end robotaxi pilot in Phoenix
The Waymo self-driving cars deployed in Phoenix for the Uber pilot will remain in use and make autonomous deliveries with DoorDash.
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Business risk versus criminal conduct: Indonesia court case linked to failed start-up stirs debate
Experts and industry insiders say Indonesia’s venture capital firms will be more risk-averse after former executives of two government-backed investment firms were sentenced to jail for their decision to invest in a now-defunct agritech pioneer.
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SpaceX raises $25 billion in debt sale less than two weeks after IPO
SpaceX raised $25 billion in a debt sale, after seeing nearly $90 billion worth of orders, sources say.
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AI memory startup focused on cutting token costs raises $98 million
Engram enters the market as the AI industry grapples with a rising cost problem fueled by more expensive models.
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Why India’s wealthy families are betting on startups as venture capitalists pull back
From real estate to technology, India’s affluent families are channelling more of their fortunes into startups through family offices as founders increasingly seek investors with a longer-term outlook.
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Tesla faces federal probe after Model 3 slams into Texas home, killing 76-year-old
Harris County authorities said that the driver, Michael Butler, said that he had been using Tesla’s partially automated driving systems.
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Waymo recalls about 3,900 robotaxis after some drove into ‘freeway construction zones’
After some Waymo robotaxis drove into closed construction zones, the company implemented a recall to fix underlying software issues.
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