Sources: Anthropic is in talks to bring on Nvidia as an anchor investor in its IPO, seeking up to $100B at a ~$2T valuation; Nvidia may invest up to $10B
Anthropic is in talks to bring Nvidia (NVDA.O) as an anchor investor into what could be the largest IPO in history, two people familiar with the matter told Reuters.
eBay reports Q2 revenue up 15% YoY to $3.13B, vs. $3.02B est., GMV up 15% to $22.4B, and forecasts Q3 revenue above estimates
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Sources: Uber has committed nearly $500M to self-driving startup Nuro, providing a crucial runway as Nuro works to prove its technology at commercial scale
Uber (UBER.N) has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters …
LexisNexis-owner Relx, Thomson Reuters, and other media and financial stocks fell 10%+ after Anthropic launched Claude Cowork tools that automate legal work
Shares in LexisNexis owner Relx fall 15% after new tools for Claude Cowork unveiled — Billions of pounds were wiped off the value …
Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches were oversubscribed ~26x and ~2,348x, respectively
Himanshi Akhand / Reuters :
Adobe reports Q4 revenue up 10% YoY to $6.19B, Digital Media revenue up 11% YoY to $4.62B, $7.13B in net income, and forecasts FY 2026 revenue above estimates
Zaheer Kachwala / Reuters :
Flex, which offers AI-based payment tools, credit, and more to mid-sized companies, raised a $60M Series B led by Portage, a source says at a ~$500M valuation
Aditya Soni / Reuters :
Germany-based Quantum Systems, which sells surveillance drones that are being used by Ukraine, raised €180M, tripling its valuation to €3B since May
the German defense company's valuation rose to €3 billion Cate Lawrence / Tech.eu : Quantum Systems' €180M Series C extension lifts company to €3B+ Vishal Singh / Silicon Canals : Germany's Quantum Sy...
Trump Media reports Q3 net sales down 3.8% YoY to $972.9K and a net loss of $55M, up from $19M in Q3 2024; its stock is down 70% from a January high
And Is On Track To Lose Far More Daniel Kuhn / The Block : Trump Media posts third straight loss as SPAC legal fees mount, CRO holdings rise Sander Lutz / Decrypt : Buying Billions in Bitcoin Couldn't...
London-based “neocloud” startup Nscale raised a $1.1B Series B led by Aker, with Nvidia participating; Aker says it is investing $285M for a 9.3% stake
‘Largest Series B in European History’ Tim Bradshaw / Financial Times : Nvidia-backed Nscale raises $1.1bn in investor frenzy over AI infrastructure Reuters : Nscale raises $1.1 billion from Aker, oth...