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AI DEVELOPMENT FUNDING
Global Market: AI debt boom tests investor appetite as tech bond issuance surgesAI-driven debt issuance is testing investor appetite as technology companies flood bond markets with new supply. Hyperscaler issuance has r...- Global Market: Alibaba shares slide after $10.2 billion share placement to fund AI expansionAlibaba shares fell as much as 10% after the company launched a $10.2 billion share placement to fund AI expansion. The discounted offering...
- Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AIAlibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece - an 8.4% discount to its Friday cl...
- VCs chase deeptech; AI takeaways from ET's WLFHappy Monday! Specialist VC funds are expanding beyond their traditional sectors to invest more in deeptech. This and more in today’s ETtec...
- Compute capacity is foundational infra of the AI era, says Preeti Lobana, vice-president and country manager at Google IndiaGoogle's $15 billion investment will build a 1-gigawatt AI data centre hub. This infrastructure is crucial for India's $1 trillion digital ...
- Anthropic market debut could break SpaceX IPO recordThe company's bankers have told potential investors it could seek to raise "more than $100 billion" in its IPO, which could put the company...
- India faces capital, talent gap in foundational AI race: Menlo Ventures’ Deedy DasIndia faces hurdles in building globally competitive foundational AI companies, with top research talent concentrated in San Francisco and ...
- Alibaba proposes $10 billion share placement to fund global AI driveThe Hangzhou-based firm has been ploughing tens of billions of dollars into AI, with its shareholders eager to see how it will monetise the...
- Citadel unloads over 80% of bets bought from Leopold Aschenbrenner’s Situational AwarenessKen Griffin's Citadel has sold over 80% of acquired positions. These trades followed a steep loss in technology holdings for Situational Aw...
- Brazil launches AI supercomputer push, splits projects between Chinese, US firmsJust over half the total, 1.3 billion reais, will fund a supercomputing infrastructure project in Rio de Janeiro developed in partnership w...
- South Korea plans chip windfall fund to back youth, AI investmentThe proposed "Future Response Fund" would finance programmes aimed at helping young people find jobs, buy homes and start families, while...
- Broadcom seeks more than $60 billion in latest AI debt dealThe numbers under discussion would potentially bring the total raise to as much as $100 billion, according to the report.
- Gujarat pitches AI, GIFT City plans at Chief Minister's US visit, seeks concessional World Bank fundingGujarat's Chief Minister Bhupendra Patel visited the US to promote the state. He presented Gujarat's vision for becoming a global hub for A...
- Cognition CEO denies SpaceX acquisitionBloomberg, citing people familiar with the matter, reported on Thursday that SpaceX had explored a deal to acquire Cognition as it looks to...
- Payments firm Stripe to buy marketplace OpenRouter in AI pushWhile the companies did not disclose the value of the deal, a source familiar with the matter, who requested anonymity to discuss confident...
- India startup aims to compete with OpenAI in crowded voice arenaMurf AI has launched Falcon 2, a text-to-speech model designed to deliver human-like voices at lower costs and faster speeds. Priced at $0....
- Sebi to soon roll out AI rules with a ‘kill switch’ for stock marketSebi will soon issue guidelines for responsible AI and machine learning use in India’s securities market, with mandatory safeguards includi...
- Chip designer Velaura AI valued at more than $1 billion in funding roundThe funding round was led by Seligman Ventures, with participation from new investor Capricorn Investment Group. Existing investors Samsu...
- Anthropic revenue run rate tops $65 billionThe AI startup's latest revenue run rate - a metric that projects annual performance by extrapolating current sales levels - was up from ...
- Wispr Flow raises $280 million at $2 billion valuation, Peak XV joins new roundSan Francisco-based voice AI startup Wispr Flow has raised $280 million at a $2 billion valuation, nearly tripling its valuation from its p...
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