Artificial intelligence (AI) startup Prometheus, which is led by Amazon founder Jeff Bezos and former Google executive Vikram Bajaj, raised $12 billion in a Series B funding round that valued the company at $41 billion, according to multiple media reports. Prometheus launched in November and...
Technology startup Capsa AI announced Tuesday (June 9) it has closed an $18 million Series A funding round aimed at scaling its specialized artificial intelligence (AI) operating system for the global private equity sector. The latest investment round was co-led by TX Ventures and Pivot...
Robinhood CEO Vlad Tenev says the company’s securities business can now serve as an underwriter. Tenev’s announcement on X was flagged in a report Tuesday (June 9) from Seeking Alpha, which notes Robinhood’s expansion from trading platform to underwriter for initial public offerings (IPOs) could unlock higher-fee revenue...
Ant Group’s international arm is reportedly considering a $1 billion fundraise to speed growth. That’s according to a report Wednesday (June 10) from Bloomberg News, citing sources familiar with the matter who say the FinTech has been gauging interest from investors in a round that...
Construction industry working capital management platform Earlytrade said it has raised $25 million in total funding. The company made this announcement Tuesday (June 9) following its Series A round, saying it was using its capital to expand in the U.S. and add agentic artificial intelligence...
Legal technology company Sandstone has raised $30 million in new funding. The startup’s Series A round, announced Tuesday (June 9) was led by Lightspeed Venture Partners and will be used to expand Sandstone’s enterprise offering and hire people with expertise in both the technological and...
Databricks may be on the cusp of becoming a $175 billion company. The database management software provider has discussed a funding round that could begin within the next month and value the company at between $165 billion and $175 billion, The Information reported Monday (June...
Perplexity’s CEO says the artificial intelligence (AI) startup plans to go public in 2028. And that will happen no matter how investors react to the initial public offerings (IPOs) from rivals Anthropic and OpenAI, Aravind Srinivas told CNBC in a Tuesday (June 9) interview. “Agnostic...
Goldman Sachs and JPMorgan are considering entering the emerging compute trading market, The Information reported Monday (June 8), citing unnamed sources. The banks are exploring trading futures contracts tied to rental prices for graphics processing units, as well as other ways to trade on the cost of computing power, according to the...