UK data center developer Nscale raised a $2B Series C led by Aker and 8090 Industries at a $14.6B valuation and adds Sheryl Sandberg and Nick Clegg to its board
Nscale, a UK developer for artificial intelligence data centers, has raised $2 billion in funding and added a trio …
UK filings: Revolut CEO and largest shareholder Nik Storonsky has changed his residency from the UK to the UAE; Revolut is awaiting a full UK banking license
The UK tax system is ultra-"progressive" …
Sources: Tether is in talks to raise $15B to $20B in exchange for a ~3% stake through a private placement in a deal that could value the company at ~$500B
Tether Holdings SA, issuer of the world's largest stablecoin, is in talks with investors to raise as much as $20 billion …
A profile of Edwin Chen, the CEO of Surge AI, a Scale AI rival that had $1.2B revenue in 2024, is profitable, and is reportedly raising $1B at a $30B valuation
This story appears in the October/November 2025 issue of Forbes Magazine. Subscribe — An alum of Google, Facebook and Twitter … X: @_iainmartin , @_pheebini , @richa_lq , @hello...
Plaud says it has sold 1M+ of its $159 NotePin AI recording devices since 2023, is profitable, and is on track to bring in $250M in annualized revenue in 2025
Iain Martin / Forbes :
Grok's “share” button generates a unique URL that makes users' chats searchable on Google, Bing, and DuckDuckGo; Google has indexed 370K+ Grok conversations
xAI made people's conversations with its chatbot public and searchable on Google without warning …
Grok's “share” button generates a unique URL that makes users' chats searchable on Google, Bing, and DuckDuckGo; Google has indexed 370K+ Grok conversations
xAI made people's conversations with its chatbot public and searchable on Google without warning …
Grok's “share” button generates a unique URL that makes users' chats searchable on Google, Bing, and DuckDuckGo; Google has indexed 370K+ Grok conversations
xAI made people's conversations with its chatbot public and searchable on Google without warning …
Delivery Hero's Talabat, one of the largest food delivery services in the UAE, sets its Dubai IPO price at the top end of its range and plans to raise ~$2B
Filing: TikTok's European revenue grew to $4.57B in 2023, up from $2.6B in 2022; losses grew to $1.3B, up from $512M YoY; ByteDance set aside $1B for EU fines
Iain Martin / Forbes : X: @_iainmartin X: Iain Martin / @_iainmartin : Bytedance has set aside the ten-figure sum to pay regulatory fines in Europe while facing a barrage of inves...
Silverbear, an investor named in Bolt's financial docs for a $450M raise, says it was “never in this deal”, as some investors consider legal action against Bolt
In a letter to investors, Bolt says it is finalizing a $450M Series F at a $14B valuation; documents show the deal terms are bewildering and hard to believe
This is a pay-to-play VC deal for the ages. https://www.theinformation.com/ ... @erinkwoo [image] Sheel Mohnot / @pitdesi : Wild: Breslow back to Bolt as CEO, company raising $450M...
A look at Whisper CEO Michael Heyward's Medialab, which acquired Imgur and Genius and was sued by their founders and others for allegedly failing to honor deals
Iain Martin / Forbes :
How Les Wexner, Victoria's Secret billionaire owner, made early investments in Atlantic Crypto, which then turned into CoreWeave, netting him a $720M stake
Forbes : X: @_iainmartin , @_iainmartin , and @hkanji X: Iain Martin / @_iainmartin : A 86-year-old retail billionaire (with a complicated legacy) might be one of the big winners ...
How Les Wexner, Victoria's Secret billionaire owner, made early investments in Atlantic Crypto, which then turned into CoreWeave, netting him a $720M stake
Forbes : X: @_iainmartin , @_iainmartin , and @hkanji X: Iain Martin / @_iainmartin : A 86-year-old retail billionaire (with a complicated legacy) might be one of the big winners ...
Bolt co-founder Ryan Breslow settles with investor Activant Capital, ending a lawsuit that accused Breslow of saddling the company with $30M in personal debt
Bolt's Ryan Breslow and investor Activant Capital have filed to settle their bitter lawsuit over Breslow's outstanding $30 million debt, which was swept from the company's bank acc...
PitchBook: investors have poured $330B into ~26,000 AI and ML startups over the past three years, up 66% on funding to 20,350 AI companies from 2018 to 2020
does it have business viability?" https://www.nytimes.com/...
A profile of Ryan Breslow, the founder of Bolt, whose $355M Series E in 2022 set off 18 months of acrimonious lawsuits and a showdown with early backer Activant
Forbes : X: @_iainmartin , @friedmandave , @lukejohnsonrcp , @leomschwartz , @sarahnemerson , @dannygroner , and @alexrkonrad X: Iain Martin / @_iainmartin : Ryan Breslow was danc...
Documents: sanctioned Russian billionaire Roman Abramovich quietly invested $63M+ in European startups via London VC firm Target Global between 2015 and 2021
Venture capital fund Target Global managed tens of millions of dollars for Roman Abramovich and helped the now-sanctioned oligarch build … X: @hkanji , @_iainmartin , @_iainmartin ...
Documents: sanctioned Russian billionaire Roman Abramovich quietly invested $63M+ in European startups via London VC firm Target Global between 2015 and 2021
Venture capital fund Target Global managed tens of millions of dollars for Roman Abramovich and helped the now-sanctioned oligarch build … X: @hkanji , @_iainmartin , @_iainmartin ...