Elon Musk's SpaceX Files for Blockbuster IPO on Nasdaq
…It also recently acquired xAI, another of Musk's companies, and owns the social media site X (formerly Twitter). AI appears to be the driving force behind the company's valuation ahead…
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Peter Sarlin's QuTwo reaches $380M valuation in angel round | TechCrunch
…QuTwo’s valuation and round size are somewhat modest in comparison but will let it pursue its roadmap under less pressure. According to Sarlin, who serves as QuTwo’s executive chairman, this…
NVIDIA CEO Jensen Huang Reflects on Selling Shares at $300M to Buy Parents a Mercedes S-Class After the IPO, Saying He Now Regrets the Timing
…The company was at a valuation of $300 million, and I bought them a Mercedes S-Class. It is the most expensive car in the world. They regret it. - NVIDIA's Jensen…
OpenAI files confidentially for IPO, following Anthropic | TechCrunch
…SpaceX is also expected to make its debut at a $1.75 trillion valuation, meaning three of the most closely watched companies in tech could all go public within months of each…
SolarSquare in talks to raise up to $60M as India's rooftop solar market draws major VC interest | TechCrunch
…post-money valuation in December 2024. This time, according to a source, it’s investing through its growth fund, which has backed names such as Razorpay — India’s leading digital payments platform…
A Falcon 9 booster turns 5 years old—and just set a remarkable reuse record
…Upon landing on the A Shortfall of Gravitas drone ship in the Atlantic Ocean, the vehicle completed its 35th mission overall, retaining its title as fleet leader for SpaceX. Is 40 the…
Anthropic Eyes an IPO as Big Tech's AI Cash Crunch Comes for Wall Street
…More importantly, public trading of stock in the biggest AI-specific firms would put those companies' valuations in the hands of investors, including the general public, who could buy and sell based…
General Catalyst just led a $63M bet on India's travel payments market | TechCrunch
…The all-equity round assigns the startup a post-money valuation of more than $500 million, according to a source familiar with the matter, more than doubling its valuation from around $200…
SpaceX cuts a deal to maybe buy Cursor for $60 billion
…Buying this startup that’s focused on AI coding could help xAI’s tools compete with market leader Anthropic, as well as the other competitors. A report by The Information this week…
The $6 Billion Chinese Startup Trying to Build Hands for Every Robot
…startups have taken the lead as many of their American counterparts shifted their focus toward large language models and other AI software. For robotics companies, “the valuation gap between the Chinese and…