Sources: AI video startup Runway is in talks to raise ~$500M at a $5B+ pre-money valuation; rival Luma AI aims to raise $1.1B+ at a $3.2B+ pre-money valuation
The Information :
A profile of Oura CEO Tom Hale, who joined the Finnish smart ring maker in 2022, as it broadens its appeal and reaches ~$500M in 2024 revenue and is profitable
Brent Crane / Bloomberg :
Oura says it expects annual sales to double to ~$500M in 2024; sources say it plans a fourth-gen, thinner fitness ring with better battery life in October 2024
Bloomberg :
Tether plans to spend ~$500M over the next six months to become one of the world's top Bitcoin miners, after acquiring a 20% stake in Northern Data in September
- Tether to invest about $500 million in the next six months — Stablecoin issuer builds its own facilities in three countries
A look at Dustin Moskovitz's Open Philanthropy, which has spent ~$500M on student scholarships and more at Stanford and other universities to fight rogue AI
https://www.washingtonpost.com/ ... Mastodon: Baldur Bjarnason / @baldur@toot.cafe : “How elite schools like Stanford became fixated on the AI apocalypse: A billionaire-backed movement is recruiting c...
Google acquires Israeli startup Siemplify, which provides a security orchestration and automation service, source says for ~$500M; Siemplify has raised $58M
“Google will use Siemplify to form the basis for its cybersecurity operations in Israel which will be part of the corporation's cloud activity.” Corey Quinn / @quinnypig : I'm now actively concerned a...
Fanatics acquires trading card company Topps' name and its sports and entertainment divisions, sources say for ~$500M, as Fanatics builds out its NFT offerings
- Sports e-commerce company Fanatics has acquired sports trading card company Topps, sources confirmed to CNBC on Monday night.
Titan, an investing app with ~30,000 users and ~$500M in assets under management, raises $58M Series B led by a16z, valuing the startup at $450M
Titan, a startup that is building a retail investment management platform aimed at the new generation of “everyday investors,” …
GoodRx, a US online drug coupon and price comparison site, says in amended S-1 it offered founders ~$500M in stock, raised $100M from Silver Lake ahead of IPO
Zoom reports Q1 revenue of $328.2M, up 169% YoY, and 265K customers with 10+ employees, up 354% YoY; projected Q2 revenue is nearly double expectations
and revenue — thanks to the pandemic The Irish Times : Zoom nearly doubles revenue forecast on remote-work boost Mike Wheatley / SiliconANGLE : Zoom crushes earning estimates and its guidance doubles ...