Tag: billion
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Together AI raises $800 million at $8.3 billion valuation
July 1 : Together AI on Wednesday said it has raised $800 million in a funding round led by Aramco Ventures, more than doubling the artificial intelligence startup’s valuation to $8.3 billion.Founded in 2022, the startup’s platform lets companies train and run AI workloads on open models such as DeepSeek, Min
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Swedish court orders Google to pay $1.5 billion to Klarna in antitrust damages
STOCKHOLM, July 1 : A Swedish court on Wednesday ordered Alphabet’s Google to pay about $1.5 billion in antitrust damages to PriceRunner, the price comparison business owned by payments platform Klarna.The award, equivalent to around 14.3 billion Swedish crowns, comes amid growing scrutiny of U.S. Big Tech co
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Swedish court says Google is to pay $1.5 billion to Klarna in antitrust damages
STOCKHOLM, July 1 : A Swedish court said on Wednesday Alphabet’s Google is to pay the equivalent of around 14.3 billion Swedish crowns ($1.5 billion) in antitrust damages to Klarna’s price comparison company PriceRunner. “PriceRunner is considered to have suffered damage as a result of Google having illeg
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German startups compete in global race for nuclear fusion
Companies around the world are competing to see who can build the first commercially viable nuclear fusion reactor. German startups are also in the race, supported by major corporations and private investors.
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Trump made over $1.4 billion in 2025, led by crypto ventures
Trump’s latest financial filing shows hundreds of millions in income driven by crypto — an industry that has flourished under his policies.
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Exclusive-Kawasaki Heavy plans to raise $1.2 billion via new shares and convertible bonds, sources say
TOKYO, July 1 : Japan’s Kawasaki Heavy Industries is finalising plans to raise about 200 billion yen ($1.23 billion) by issuing new shares and convertible bonds to fund capital expenditure, according to two sources familiar with the matter. The company will decide on the details of the issuance as soon as thi
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Chinese tech companies seek nearly $6 billion in Hong Kong listing rush
June 30 : Five Chinese technology and advanced manufacturing companies launched Hong Kong listings on Tuesday to raise up to HK$44.1 billion ($5.6 billion), one of the busiest days for new share sales this year, according to their company filings.The biggest of the five offerings is Shenzhen-listed Apple supp
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Chinese tech manufacturers rush to list in Hong Kong, seeking nearly $6 billion
June 30 : Five Chinese technology and advanced manufacturing companies launched Hong Kong listings on Tuesday to raise up to HK$44.1 billion ($5.6 billion), one of the busiest days for new share sales this year, according to their company filings. The biggest of the five offerings is Shenzhen-listed Apple supplie
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Digital Realty to pay Blackstone $3.5 billion for stake in Virginia data centers
June 29 : Digital Realty will acquire a larger stake in three data centers in Northern Virginia from asset manager Blackstone in a $3.5 billion cash-and-stock deal, the companies said on Monday.Under the deal, which is expected to close on Tuesday, the data center company will pay $1.2 billion of cash and $2.
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Digital Realty to buy Blackstone’s data center stake in deal valuing assets at $7.8 billion
June 29 : Digital Realty said on Monday it would acquire a majority stake in three fully leased Northern Virginia data centers from Blackstone-managed funds in a deal valuing the assets at $7.8 billion.The acquisition strengthens Digital Realty’s position in Northern Virginia, the world’s largest data center
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