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TM
techmeme

Sources: Cohere is in advanced talks to raise between $2B and $3B, including financing from the Canadian government and existing backers, at a $20B valuation (Globe and Mail)

industry
1 day ago▲ 24
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TM
techmeme

Polymarket names Warren Jenson its first CFO as the company aims to grow in the US; Jenson served as finance chief of Amazon, EA, NBC, and most recently Nielsen (Katherine Hamilton/Wall Street Journal)

industry
2 days ago▲ 24
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TM
techmeme

NextEra Energy, which partnered with Google to revive an Iowa nuclear power plant, gets a $1.9B loan from the Department of Energy to finance the refurbishment (Tim De Chant/TechCrunch)

industry
5 days ago▲ 24
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TM
techmeme

NYC-based Blee, which makes marketing compliance software for financial services companies, raised a $20M Series A led by Fin Capital and SMBC and a $7M seed (Ryan Lawler/Axios)

industry
5 days ago▲ 24
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TM
techmeme

Sources: London-based UForce, which makes unmanned vehicles for air, land, and sea, is seeking about $500M led by Valor Equity at a ~$5B valuation (Bloomberg)

industry
6 days ago▲ 24
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TM
techmeme

A look at the 2019 US criminal case against Huawei, with an upcoming trial over racketeering charges, including sanctions evasion and corporate espionage (Financial Times)

industry
6 days ago▲ 24
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TM
techmeme

Scan.com, which uses AI to match patient referrals with imaging centers by availability, price, and specialty, raised a $220M Series C, including $90M in equity (Eve Bender/MobiHealthNews)

industry
8 days ago▲ 24
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TM
techmeme

Sources: India-based Slice, which has transitioned from a credit card-led fintech to a small finance bank, raised $100M at a ~$450M valuation, down from ~$1.4B (Moneycontrol)

industry
8 days ago▲ 24
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rss

AI compute provider Nscale is looking for $3.5B in pre-IPO financing

techcrunchindustryAI
9 days ago▲ 44
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TM
techmeme

Sources: London-based AI infrastructure startup Nscale is in talks to raise as much as $3.5B in financing, including $2B from Nvidia, ahead of a planned IPO (Bloomberg)

industry
9 days ago▲ 24
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TM
techmeme

Wikimedia Foundation staffers vote 158-14 to join the CWA, which will represent 200+ US employees across engineering, finance, and communications (Paresh Dave/Wired)

industry
9 days ago▲ 24
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TM
techmeme

Sources: Saudi AI company Humain is planning to raise an initial $2.5B fund to help finance data center capacity of 250 MW in Saudi Arabia (Omar El Chmouri/Bloomberg)

industry
10 days ago▲ 24
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TM
techmeme

Sources: AfterQuery, which sells coding and finance training data to AI labs, has hit a valuation of $3.2B, up from $300M in April, and is profitable (Anna Tong/Forbes)

industry
12 days ago▲ 24
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TM
techmeme

A look at the race to build quantum computers, as the tech becomes a geopolitical battleground with potential to transform cybersecurity, finance, and more (Mark Bergen/Bloomberg)

industry
14 days ago▲ 24
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TM
techmeme

Sources: AI cloud computing provider Lambda raised ~$1B of private short-dated debt to finance the purchase of Nvidia GPUs, which will be leased by Microsoft (Emily Graffeo/Bloomberg)

industry
16 days ago▲ 24
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TM
techmeme

Sources: Nvidia paused some deals with AI cloud providers in the revenue-sharing program it announced in July; Nvidia says the program is still in place (Wall Street Journal)

industry
17 days ago▲ 24
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TM
techmeme

The US AI data center buildout is posing complex challenges to major lenders as they stretch themselves to finance, insure, and underwrite a novel asset class (Financial Times)

industry
18 days ago▲ 24
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arXiv
arxiv

StarHarness: Evolving Harnesses with Stratified Search for Enterprise Environments

arxivcs.AIcs.SE
19 days ago▲ 43
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