Source: Spark Capital, the first VC firm to back Anthropic in 2023, is raising about $3B in new funds, 50% more than the size of funds it raised two years ago
Grow Therapy, which connects patients with therapists covered by their insurance, raised a $150M Series D at a $3B valuation and hits $1B+ in annual revenue
Saudi-backed AI startup Humain invested $3B in xAI, becoming a “significant minority shareholder” in a deal that completed just before SpaceX's xAI acquisition
eBay reports Q4 revenue up 15% YoY to $3B, above $2.87B est., GMV up 10% YoY to $21.2B, net income down 23% YoY to $525M, and forecasts Q1 profit above est.
Spencer Soper /Bloomberg:
eBay reports Q4 revenue up 15% YoY to $3B, vs. $2.87B est., GMV up 10% to $21.2B, and forecasts Q1 profit above estimates; EBAY jumps 6%+ after hours
EBay Inc. agreed to buy Depop for about $1.2 billion in an effort to attract younger shoppers and stand out in an increasingly cluttered e-commerce market.
Saudi-backed AI startup Humain invested $3B in xAI, becoming a “significant minority shareholder” in a deal that completed just before SpaceX's xAI acquisition
Saudi-backed artificial intelligence company Humain has invested $3 billion into Elon Musk's AI startup xAI, according to a statement on Wednesday.
Sony reports Q3 revenue up 1% YoY to ~$23.7B, vs. ~$23.5B est., operating profit up 22% to ~$3.3B, vs. ~$3B est., and raises FY operating profit outlook by 8%
Sony on Thursday reported a rise in operating profit that beat expectations, supported by favorable foreign exchange rates despite surging memory chip costs.
Sources: Tokyo-based chipmaker Renesas agrees to sell its clocks and timing device business to Nasdaq-listed chip design company SiTime for ~$3B
Chipmaker divesting non-core businesses after seeing a loss in 1st 9 months of 2025 — Renesas' clocks and timing business was formerly part …
A coalition of music publishers, including UMG, filed a second lawsuit against Anthropic, seeking $3B over allegations of copyright infringement of 20k+ songs
A coalition of music publishers, including UMG, filed a second lawsuit against Anthropic, seeking $3B over allegations of copyright infringement of 20k+ songs
A coalition of music publishers has filed a second copyright infringement lawsuit against AI company Anthropic, and it's a big one.