Databricks closed a funding round at a $188 billion valuation, led by Coatue Management with roughly $3 billion invested, nearly tripling its valuation from $62 billion in late 2024. The company repor…
DayOne Data Centers Ltd., a Singapore-based data center operator, has confidentially filed for a US initial public offering and aims to raise about $5 billion, according to people familiar with the ma…
Corma Labs Ltd., a defensive cybersecurity startup founded in 2025 with offices in Tel Aviv and San Francisco, announced $60 million in seed funding led by Sequoia Capital Operations, with Khosla Vent…
AI and semiconductor stock sell-offs in July 2026 hit stockpicking hedge funds, with Whale Rock Capital's flagship fund down 21.7% in the month, cutting its 2026 gains to 35.1% from 72.5% through June…
Clear Street, a cloud-native brokerage, is offering accredited investors access to Databricks shares ahead of the AI data company's expected IPO, starting with the $188 billion valuation from a term s…
Databricks signed a term sheet valuing it at $188 billion, a 40% jump in five months, on a new $3 billion investment led by Coatue Management. The company sells data infrastructure for AI rather than …
Databricks has reached a $188bn valuation in a new funding round led by Coatue Management, surpassing the $175bn figure it was reportedly in talks to raise at weeks earlier. Coatue is investing roughl…
Coatue Management is leading a $3 billion investment in Databricks, valuing the data and AI company at $188 billion, up from $134 billion five months earlier. The round comes as Databricks' annualized…
Databricks is set to reach a $188 billion valuation through a new investment from hedge fund Coatue Management, according to a person familiar with the matter. The deal underscores the soaring demand …
SK Hynix surged 13% in its Nasdaq debut on Thursday, raising $26.5 billion in the largest US IPO by a foreign company. The South Korean chipmaker, a dominant supplier of high-bandwidth memory for Nvid…
SK Hynix is guiding investors to price its US listing at $149 per American depositary receipt, about 3.1% above its Korea close, according to people familiar with the matter. The offering could raise …
SK Hynix's Nasdaq listing was oversubscribed more than seven times, with orders reaching roughly $171.5 billion, signaling strong demand for one of the largest foreign share sales on Wall Street. The …
SK Hynix's $28 billion US share sale was oversubscribed seven times, drawing $196 billion in demand, as Wall Street investors rush to gain exposure to the AI infrastructure boom. The South Korean memo…
SK Hynix's $28 billion Nasdaq share sale drew $196 billion in demand, a 7x oversubscription, as investors bet on the AI chip boom. The South Korean memory chipmaker, a key supplier of high-bandwidth m…
Norm Ai, an AI legal startup, raised $120 million in a funding round led by Khosla Ventures, valuing the company at $1.2 billion. The startup operates its own law firm, Norm Law, which charges clients…
Samsung Electronics posted a second-quarter operating profit of 89.4 trillion won ($58 billion), up 1,810% year-over-year, driven by surging AI memory demand that lifted DRAM and NAND prices. The reco…
Dan Sundheim's D1 Capital returned roughly 10% in June, bringing its first-half gains to 25.7%, outperforming the Nasdaq 100 and S&P 500. Other Tiger Cub funds, including Light Street Capital, Maveric…
Firmus Technologies, an Australian AI infrastructure company valued at $5.5 billion, will build a 360MW Nvidia DSX AI Factory in Batam, Indonesia, with up to 170,000 Nvidia AI accelerator chips. The c…
Firmus Technologies, an Australian company that pivoted from Bitcoin mining to AI infrastructure, has joined Nvidia's DGX Cloud Lepton marketplace as a Cloud Partner, deploying tens of thousands of Nv…