Tag: firm
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Anthropic opens Singapore office, signs AI safety agreement with government
The agreement covers AI safety, model evaluation, responsible adoption and incident response.
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AI agent firm Instinct raises $1 billion in latest funding round
Sept 28 : AI agent firm Instinct said on Monday it has raised $1 billion at a $10 billion valuation in a Series C funding round. The round drew investments from Sequoia Capital, Benchmark Capital and Coatue, Instinct said in a statement. San Francisco, California-based Instinct is developing a personal
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AI infrastructure firm Accelevation targets up to $5.4 billion valuation in US IPO
Sept 22 : Accelevation is targeting a valuation of up to $5.37 billion in its US initial public offering, the data center infrastructure company said on Tuesday, joining a wave of firms tapping investor demand for AI-linked stocks.The Miamisburg, Ohio-based Accelevation and some selling shareholders are aimin
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AI cloud firm Nscale files for US IPO
Sept 18 : AI cloud firm Nscale filed for a U.S. initial public offering on Friday.The fall IPO season has kicked off on a shaky note as surging bond yields and the Federal Reserve’s monetary policy tightening cycle weigh on investor sentiment.The London-based company plans to sell new shares in the off
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Data at law firms Quinn Emanuel, McDermott exposed in cyber breaches
WASHINGTON, Sept 3 : Prominent U.S. law firms Quinn Emanuel and McDermott said on Thursday that they suffered recent data breaches and had notified law enforcement, amid heightened cyber risks for firms that hold sensitive client and personal information.It was not clear who was responsible for the two breac
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Can cut-price Shein shine in its long-awaited stock market debut?
The firm’s Hong Kong listing comes after a years-long quest to list in New York and London.
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Payments firm Stripe to buy marketplace OpenRouter in AI push
Aug 19 : Payments firm Stripe said on Wednesday it has agreed to buy OpenRouter, which helps businesses route and optimize token usage, at an undisclosed value, its latest bet on the fast-growing AI industry.The deal comes as soaring bills drive companies toward cheaper models and routing tools like OpenRoute
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EasyJet agrees to £5.7bn takeover by US firm
The no-frills carrier agrees to be bought by US firm Apollo after a rival suitor drops out.
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Analysis:Could AI chip boom make ASML Europe’s first trillion-dollar firm?
AMSTERDAM, July 20 : The global artificial intelligence boom has propelled ASML to the top of Europe’s stock market, as soaring demand for AI computer chips flows to the Dutch company that dominates the market for the equipment needed to make them.After blowout second quarter earnings, investors and analysts
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Rahm plans cautious approach in firm conditions at Birkdale
Birkdale, ENGLAND, July 14 – Jon Rahm will resist the temptation to try to overpower sun-baked Royal Birkdale when the 154th Open Championship starts on Thursday.The firm and dry conditions in the northwest of England are set to offer players the chance to hit the ball huge distances but the Spaniard believes
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