US consumer inflation breaks above 4% as Iran war raises energy prices
Developing story — details emerging. Check the source link for the latest updates.
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Humaniod robotics company raises up to $1.4 billion from Nvidia, Amazon and others
Investors have rushed to back companies in the physical AI space
Starlink drops purchase option in favor of hardware rentals as it raises prices for some plans
An update to Starlink’s website shows an increase in pricing, as residential services drop the option to buy hardware outright.
AI deepfake election ad in Minnesota raises transparency concerns
A deepfake campaign attack ad in the US state of Minnesota has raised questions around the ethics of using AI in political ads and the regulations surround AI use.
Commerzbank Raises More Concerns Tied to UniCredit Bid
Commerzbank AG expressed fresh doubts whether the rising acceptance level of UniCredit SpA’s takeover bid is a full reflection of investor support.
Jedify raises $24M to help companies arm AI agents with context on their business
The funding round was led by Norwest, with participation S Capital VC, Cerca Partners, and Oceans Ventures. Snowflake Ventures also participated as a strategic investor.
Cyera, a Cybersecurity Start-up for the A.I. Era, Raises $600 Million
The five-year-old company is now valued at $12 billion.
Aryon Security raises $29M to stop cloud breaches before they happen
Aryon Security, an Israeli cloud-security startup, has raised $29M in a Series A round to push a prevention-first approach to securing the cloud. The round, which the company says brings its total funding to $38M, was led by US-based Brightmind Partners. The investor list is the headline.
Capsa AI raises $18M to build the ‘AI operating system’ for private equity
Capsa AI, a London and New York startup building what it calls an “AI operating system” for private capital, has raised $18M in Series A funding. The round was co-led by TX Ventures and Pivot Investment Partners, with participation from Bek Ventures, and takes the company’s total raised to $20M.
TensorWave raises $350M led by AMD to build an Nvidia-free AI cloud
TensorWave, a cloud provider that runs its AI data centres on AMD chips rather than Nvidia’s, has raised $350M in a Series B round led by AMD and the hedge fund Magnetar Capital. The deal values the Las Vegas startup at $1. 55bn.
01Health raises £11.2M to turn its dental-AI platform into infrastructure for specialist care
01Health, a London healthtech company, has raised £11. 2M ($15M) in Series A funding to open up the clinical platform behind its dental brands and sell it to other practices. The round was led by Gresham House Ventures.
Uncovr raises $7M for AI that writes the operative report before the surgeon leaves the room
Uncovr, a surgical AI startup based in New York and Paris, has raised $7M in seed funding to turn the video from an operation into its official written record. The round was led by Index Ventures.
Rotomate raises €2.1M pre-seed to put a reliability engineer inside every factory
Rotomate, a Finnish industrial AI startup, has raised €2. 1M in pre-seed funding to expand a platform that reads machine data and recommends maintenance actions the way a senior reliability engineer would. The round was led by Helsinki-based Kvanted, with Robin Capital, Angel Invest, Accel’s sco...
Ceres Power raises £103 million in oversubscribed share placing
Developing story — details emerging. Check the source link for the latest updates.
South Africa’s Eskom Spinoff Plan Raises Credit Concerns
South Africa’s plan to split power utility Eskom Holdings SOC Ltd. into separate units could weaken the state-owned company’s risk profile because the transmission assets account for a major share of its earnings, according to a bondholder and a ratings agency.
South Africa’s Eskom Spinoff Plan Raises Credit Profile Concerns
South Africa’s plan to split power utility Eskom Holdings SOC Ltd. into separate units could weaken the state-owned electricity utility’s risk profile because its transmission unit accounts for a major share of its earnings, according to a bondholder and a ratings agency.
Nippon Steel’s First Bond Since US Steel Deal Raises ¥90 Billion
Nippon Steel Corp. raised ¥90 billion ($560 million) via its first straight-bond offering since completing the acquisition of United States Steel Corp.
Modular Power Systems Company ERock Raises $600 Million in IPO
ERock Inc. raised $600 million in a US initial public offering, pricing its shares at the midpoint of its marketed range.
Drugmaker Parabilis Raises $745 Million in US IPO, Placement
Parabilis Medicines Inc. , a clinical-stage cancer drug developer, raised nearly $745 million in an upsized US initial public offering that priced above its marketed range, and a private placement.
Journalist Raises Valid Questions On Celtic Forward: Keep Him Or Cut Ties This Summer?
Michael Gannon has laid it bare on the Record Celtic podcast. Kelechi Iheanacho’s future at Parkhead is under a proper cloud, and the journalist didn’t pull his punches. The core issue?
Rem3dy Health raises £14M at £84M valuation to take 3D-printed personalised vitamins global
Birmingham-based Rem3dy Health, the parent company of personalised vitamin brand Nourished, has raised £14 million at a valuation of £84 million in a round backed by a mix of global strategic investors.
Broadcom 20GW Strategic AI Platform Raises $35 Billion From Apollo
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Sandstone raises $30M to bring AI to in-house legal teams
Sandstone's Series A was led by Lightspeed Partners, with participation from Sequoia.