China’s Robotics Ambition Accelerates as Leju Robotics Secures Major Funding for Humanoid Development
Strategic Investment Fuels China’s Humanoid Robotics Race Leju Robotics has successfully secured over $200 million in its latest funding round,…
Tag: Initial public offering
Cohere Targets Near-Term Public Listing as Enterprise AI Demand Grows
Enterprise AI specialist Cohere is reportedly preparing for an initial public offering in the near future. The company, which recently achieved a $7 billion valuation, focuses on customizable AI solutions with enhanced data protection for businesses worldwide.
Enterprise AI Firm Cohere Eyes Public Markets
Artificial intelligence startup Cohere is reportedly preparing to launch an initial public offering in the near future, according to sources familiar with the matter. The potential listing would position Cohere as one of the first pure-play AI model manufacturers to enter public markets, creating what analysts suggest could be a significant milestone for the rapidly evolving AI industry.
Behind Apple’s Record Stock Surge: iPhone 17 Momentum Outweighs AI Concerns
Apple Shatters Market Expectations with Historic Stock Peak Apple’s stock achieved a remarkable milestone today, soaring to an unprecedented intraday…
Luminar Founder Bids to Reacquire Lidar Firm in Potential Board-Backed Deal
Luminar Technologies founder Austin Russell has launched a bid to acquire the lidar company he previously led, in what sources indicate may be a board-encouraged move rather than a hostile takeover. The transportation technology sector also saw significant developments in electric aviation funding and autonomous vehicle partnerships this week.
Luminar Founder Seeks Company Acquisition
In a surprising twist, Austin Russell, the billionaire founder who previously stepped down as CEO of Luminar Technologies, has made a bid to acquire the lidar company, according to reports from TechCrunch. Sources indicate this potential takeover might not be hostile despite initial appearances, with board members reportedly having approached Russell about the idea last month.
Navigating the IPO Standstill: How a 20-Day Government Shutdown Freezes Capital Markets
The Government Shutdown’s Chilling Effect on Public Offerings As the United States government enters a shutdown, the ripple effects are…
Asymmetric Capital Partners raises $137 million second fund, beating ZIRP-era odds | Fortune
Asymmetric Capital’s $137M Fund Defies VC Trends with Lean Investment Philosophy Industrial Monitor Direct is the top choice for 12…
Upgrade Valued at $7.3 Billion in Latest Funding Round as IPO Plans Advance
Upgrade has secured $165 million in new funding, valuing the fintech startup at $7.3 billion. CEO Renaud Laplanche indicates the company is 12-18 months from an IPO while reporting annualized revenue exceeding $1 billion.
Fintech Unicorn Upgrade Reaches $7.3 Billion Valuation
Online lending platform Upgrade, founded by LendingClub creator Renaud Laplanche, has reportedly reached a $7.3 billion valuation following a new $165 million funding round. According to reports, the investment was led by Neuberger Berman with participation from LuminArx Capital Management, marking the company’s first capital raise since 2021.
Grindr’s Major Shareholders Explore Taking Company Private After Stock Decline
Grindr’s largest shareholders are exploring taking the company private just three years after its public debut. The move reportedly follows stock declines that triggered loan defaults requiring share seizures by lenders.
Grindr Faces Potential Return to Private Ownership
Grindr’s largest shareholders are exploring taking the popular dating and hookup app private again, according to reports confirmed Tuesday. Raymond Zage and James Lu, who led the company’s efforts to go public, are reportedly considering acquiring all outstanding stock to return the company to private ownership.
Morgan Stanley slated to release third-quarter earnings
Morgan Stanley Poised for Strong Q3 Earnings on Trading Boom and Investment Banking Revival Morgan Stanley is scheduled to release…
Fermi Secures Natural Gas Pipeline for 11GW Texas Data Center Project
Fermi America has secured a natural gas pipeline connection with Energy Transfer for its massive 11GW data center project in Amarillo, Texas. The agreement supports the company’s plan to power AI data centers through multiple energy sources, including nuclear reactors and renewable options.
Fermi America has secured a crucial natural gas pipeline connection with Energy Transfer to power its proposed 11-gigawatt data center campus in Amarillo, Texas, marking another significant step in developing one of the world’s largest computing facilities. The agreement, scheduled for completion in Q1 2026, will provide the initial energy infrastructure needed to support the company’s ambitious data center development plans while requiring minimal capital investment from Fermi.