Source: Databricks obtained $1.8B in fresh debt and now has over $7B in debt ahead of a potential IPO; it raised $4B+ in December at a $134B valuation
Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC.
Source: Databricks obtained $1.8B in fresh debt and now has over $7B in debt ahead of a potential IPO; it raised $4B+ in December at a $134B valuation
Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC.
Sources: The Bot Company, co-founded by ex-Cruise CEO Kyle Vogt to make AI-powered household robots, is set to raise $250M at a $4B+ valuation
Bloomberg :
Sources: Fal.ai, which hosts multimodal AI models for developers, raised ~$250M at a $4B+ valuation, less than three months after announcing a $125M Series C
Marina Temkin / TechCrunch :
Sources: Chinese AI startup MiniMax files confidentially for a Hong Kong IPO, targeting a $4B+ valuation and aiming to raise $510M+, set to float by 2025's end
Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion …
The US Treasury says its enhanced detection tools, including AI, helped in the prevention and recovery of $4B+ in fraudulent payments in FY 2024, up over 6x YoY
Todd Feathers / Gizmodo :
The US Treasury says its enhanced detection tools, including AI, helped in the prevention and recovery of $4B+ in fraudulent payments in FY 2024, up over 6x YoY
The Treasury says it identified or recovered $4 billion in fraudulent payments last fiscal year, a sixfold increase over the previous year.
Data center developer DataBank raised $2B led by the AustralianSuper pension fund to build three US facilities, taking its total raised to $4B+ in the past year
Josh Saul / Bloomberg :
How VC John Hering bet his career, time, and money on Elon Musk's businesses, including investing $4B+, more than half of his firm Vy Capital's reported assets
Venture capitalist John Hering bet his career, time and money on Musk enterprises, seeking a favored seat beside the world's richest man
Sources: Hugging Face raised $200M+ at a $4B+ valuation led by Salesforce Ventures, more than doubling its private valuation, and is on pace for a $30M+ ARR
and basically zero people will know or care what Hugging Face is or does. I also think Microsoft will just eventually acquire it. … X: Marc Benioff / @benioff : Salesforce Ventures is thrilled to lea...