Sources: Cisco is in advanced talks to acquire cybersecurity company Axonius for $2B; Axonius has raised ~$700M and was valued at $2.6B during earlier rounds
Sources: Cisco is in advanced talks to acquire cybersecurity company Axonius for $2B; Axonius has raised ~$700M and was valued at $2.6B during earlier rounds
Exclusive: The deal would follow a string of major acquisitions as Cisco strengthens its enterprise security portfolio.
A profile of June Paik, CEO of Seoul-based chip startup FuriosaAI, valued at ~$700M, whose AI chip dubbed “RNGD” is slated to enter mass production this month
June Paik spurned a takeover offer from Meta Platforms last year. Now his South Korean company, FuriosaAI, has an AI chip entering mass production.
Chime priced its US IPO at $27 per share, above the expected range, raising ~$700M and another $165M from shares sold by investors, valuing it at $11.6B
MacKenzie Sigalos / CNBC :
UK-based high-end fashion marketplace Lyst agrees to a $154M acquisition by Japan-based fashion and e-commerce company Zozo; Lyst was valued at ~$700M in 2021
Ingrid Lunden / TechCrunch :
Unsealed court docs: US investigators believe hackers behind the 2022 LastPass breach stole $150M in XRP, now worth ~$700M, from one person in January 2024
The stolen XRP is now worth $716 million. The Secret Service is trying to claw it back from unknown hackers.
Filing: Chinese smart-driving company Horizon Robotics is targeting to raise ~$700M in its Hong Kong IPO; Alibaba and Baidu are among its cornerstone investors
P.R. Venkat / Wall Street Journal :
AI data labeling startup Scale AI raised $1B led by Accel at a ~$14B valuation, up from $7.3B in April 2021; a source says Scale AI had ~$700M in 2023 revenue
Alexandr Wang's company brings in $1bn in latest fundraising round as investors bet that data is the new oil
Nvidia acquires AI infrastructure orchestration and management service Run:ai, a source says for ~$700M; Run:ai, founded in 2018, had raised $118M to date
Run:ai enables enterprise customers to manage and optimize their compute infrastructure, whether on premises, in the cloud or in hybrid environments.
Sources: Foxconn plans to invest ~$700M on a new plant to make iPhone parts on a 300-acre site in Bengaluru, India; the plant is expected to create 100K jobs
Apple Inc. partner Foxconn Technology Group plans to invest about $700 million on a new plant in India to ramp up local production …