Delos Data Raises $100 Million to Accelerate AI Data Center Networking
Delos Data, a startup founded by former Intel Corp veterans, has raised $100 million to develop chips and software designed to move data faster within increasingly complex artificial intelligence data centers. The company aims...
Goldman Sachs Asset Management Raises $11.7 Billion Across Private Equity Funds
Goldman Sachs Asset Management’s alternatives unit has raised $11.7 billion across its latest private equity funds and related investment vehicles, the firm said on Tuesday. The fundraising includes $9.6 billion for its flagship West...
Senate Set to Vote on Landmark U.S. Crypto Bill
The U.S. Senate is set to vote Tuesday on whether to advance the Clarity Act, a landmark cryptocurrency bill that could establish a comprehensive regulatory framework for digital assets. The legislation, strongly backed by...
DRC Sets Up Task Force to Accelerate US Strategic Minerals Partnership
The Democratic Republic of Congo has approved a new task force to speed up the implementation of its strategic minerals partnership with the United States, according to cabinet minutes reviewed by Reuters. The move...
Former Google DeepMind Researcher Warns AI Could “Kill All Humans”
A former Google DeepMind researcher has warned that artificial intelligence could potentially “kill all humans,” saying the world may be running out of time to prevent such an outcome. Bilal Chughtai, who worked as...
Electra Therapeutics Targets Up to $978 Million Valuation in U.S. IPO
Drug developer Electra Therapeutics is targeting a valuation of up to $977.6 million in its U.S. initial public offering, according to a filing on Monday, adding to a broader recovery in biotech listings this...
Bamboo Insurance Targets Up to $3.24 Billion Valuation in U.S. IPO
CVC-backed Bamboo Insurance Services is targeting a valuation of up to $3.24 billion in its U.S. initial public offering, according to a filing on Monday. The Midvale, Utah-based residential property insurer plans to offer...
Kaiko Raises $110 Million in Funding Round Led by S&P Global
New York-based cryptocurrency data provider Kaiko has raised $110 million in a funding round led by S&P Global, highlighting growing interest among traditional financial institutions in digital asset market data. The round also attracted...
Kioxia Considers $10 Billion U.S. ADR Listing
Japanese chipmaker Kioxia Holdings is considering raising at least $10 billion through a listing of American depositary receipts (ADRs) in the United States, Bloomberg News reported on Monday, citing people familiar with the matter....
AI Warnings Trigger Nasdaq Selloff as Tech Stocks Slide
U.S. stock futures fell sharply on Monday, led by the Nasdaq 100, as major technology and semiconductor stocks came under pressure following calls from leading AI executives to slow the development of increasingly powerful...