Coatue Management, founded by Philippe Laffont, has invested nearly 23% of its public equity portfolio in three AI-related stocks, with the fund's public equity value reaching $48.6 billion in Q2 2026…
DayOne Data Centers is seeking a HK$1.86 billion (US$237 million) five-year loan from a consortium of Asian banks including DBS, OCBC, and UOB to refinance and expand its Hong Kong data centre, accord…
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…