Nvidia CFO Colette Kress says Q2 “net other income” was $2.2B, “driven by gains in a publicly-held equity security”, which refers to Nvidia's CoreWeave position
sherwood.news/markets/nvidia-the- asset-manager-had-a-massive-q2-thanks- to-coreweaves-rally/ [image] Ed Zitron / @edzitron.com : Are you FUCKING KIDDING ME? NVIDIA barely beat earnings estimates, an...
Source: SoftBank will invest an initial $7.5B in OpenAI's $40B round, plus $22.5B by 2025's end; other backers include Microsoft, Coatue, Altimeter, and Thrive
Reportedly With a Few Strings Attached Markus Kasanmascheff / WinBuzzer : OpenAI Hits $300 Billion Valuation with SoftBank-Led Tender Deal Robert Lavine / Global Corporate Venturing : SoftBank leads O...
DoorDash partners with Klarna to offer payment plans, including credit options for purchases of $35 or more; Grubhub also uses Klarna as a payment option
in Case You Need a Loan to Pay for Your Burrito Jordan Valinsky / CNN : DoorDash will soon let users eat now and pay in installments Niket Nishant / Reuters : NYSE-bound Klarna signs payments deal wit...
MaintainX, which helps manufacturing, hospitality, and other companies manage operations and maintenance, raised $50M at a $1B valuation, up from $191M in 2021
- Bain Capital Ventures leads $50 million investment in firm — McDonald's, Shell, Duracell are among MaintainX's clients
Apple's Services revenue hit $79.4B in 2022, more than Intel's $63.1B in revenue and the combined revenues of McDonald's and Nike
Apple Services business has now grown to become one of its most lucrative segments, with revenue surpassing that of major corporations.
MapmyIndia, which provides mapping data to Apple, Amazon, McDonald's, and others, aims to raise up to $137M in its IPO; the company has raised $41.3M
GMP at ₹784 KS Badri Narayanan / The Hindu BusinessLine : MapmyIndia IPO opens today; raises ₹312 cr from anchor investors Livemint : MapmyIndia IPO fully subscribed on day 1. GMP, other details here ...