Tag: $3.5 billion,
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Anthropic plans to sell $3.5 billion of shares to Japan investors in IPO, filing shows
TOKYO, Nov 2 : AI lab Anthropic will sell up to 552.9 billion yen ($3.5 billion) worth of shares in Japan as part of its US public listing, a filing showed on Monday.• The new shares issued to Japanese investors will go to raise working capital and fund operating expenses and capital expenditure, the filing
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Nebius gets $3.5 billion Citi facility for data center growth
AMSTERDAM, Oct 22 : AI cloud services firm Nebius on Thursday said it had secured a $3.5 billion financing facility from Citi to fund continued development of its data centres and GPU purchases as it races to expand capacity.The announcement comes against the backdrop of a selloff in shares last week related
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South Korea’s Korai Flix to go public in US via $3.5 billion SPAC deal
Oct 21 : South Korean entertainment platform Korai Flix will go public in the U.S. through a $3.5 billion merger with special purpose acquisition company APEX Tech Acquisition, the companies said on Wednesday.The deal comes as SPACs, an alternative route to public markets, are making a comeback in the US afte
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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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