Bain Capital has sold its entire stake in Kioxia Holdings, generating record returns after the chipmaker's shares surged over 4,800% since its debut, driven by AI-related demand. The exit marks the en…
Kioxia launched a 332-layer NAND flash with 4.8 Gb/s interface speed, leapfrogging rivals Micron, Samsung, and SK Hynix. The Japanese chipmaker targets enterprise and data center SSDs for AI workloads…
Dubai Holding is in early-stage talks to acquire a stake in Hscale, Bain Capital's hyperscale data center platform in Europe and the Middle East, as Gulf sovereign capital increasingly targets AI infr…
XLight, a US-backed startup chaired by former Intel CEO Pat Gelsinger, is raising $350 million to develop an alternative EUV light source that could challenge ASML's monopoly on chipmaking equipment. …
Merge Labs (Merge.io), a San Francisco-based research lab developing non-invasive brain-computer interfaces using molecules and ultrasound, emerged from stealth on January 15, 2026, with $250-252 mill…
Sebastian Kurz and Shalev Hulio's AI cybersecurity startup DREAM raised $260 million in Series C funding at a $3 billion valuation, led by Bicycle Capital and Group 11. The company sells sovereign AI …
Sebastian Kurz, former Austrian chancellor, has built AI cybersecurity startup DREAM to a $3 billion valuation after a $260 million funding round. The company, co-founded with Shalev Hulio, uses AI to…
Dream, an Israeli AI cybersecurity startup co-founded by former NSO Group CEO Shalev Hulio, raised $260 million at a $3 billion valuation, nearly tripling its valuation in a year. The company uses AI …
Bain Capital is set to earn approximately $15 billion in profits from its 2018 acquisition of Kioxia, the former Toshiba Memory unit, driven by surging AI demand for data storage. The private equity f…
Anthropic and OpenAI announced separate joint ventures with major financial firms to build AI-powered services companies, with Anthropic raising $1.5 billion from Blackstone, Hellman & Friedman, and G…