News

According to Crunchbase, global venture capital (VC) funding reached $28 billion in November 2024, marking an impressive increase from the $21 billion recorded in November 2023, though slightly trailing the $32 billion raised in October this year. This significant momentum …

The secondary market is buzzing with activity as fintechs and AI companies make bold moves in liquidity events, IPOs, and funding rounds. This article dives into the latest developments shaping the industry, from OpenAI’s monumental tender offer to Klarna’s cost-saving …

Prebiotic soda brand Olipop is set to surpass $200 million in annual sales in 2024, marking a significant milestone just five years after its launch. In just five years, Olipop has gone from a niche health beverage to a formidable …

The defense technology sector is experiencing an unprecedented surge in growth, with artificial intelligence (AI) and autonomous systems leading the charge. The global AI in military market is projected to expand by $55.2 billion from 2024 to 2028, at a …

Japan is making a bold return to the global tech stage with a massive $65 billion (10 trillion yen) investment in artificial intelligence (AI) and semiconductor technology. This initiative not only aims to reestablish Japan as a leader in cutting-edge …

Netskope, a leader in secure access service edge (SASE) technology, recently released a Total Economic Impact™ (TEI) study by Forrester Consulting, revealing impressive financial gains for customers using its Security Service Edge (SSE) solutions. The study underscores the transformative effects …

Nvidia, the renowned U.S.-based chip manufacturer, has claimed the top spot as the world’s largest company, surpassing tech giant Apple amid an unprecedented artificial intelligence (AI) boom. This milestone cements Nvidia’s pivotal role in the tech industry and underscores its …

Debut of ‘Chime Lane’ and Official Credit Card Sponsorship In an exciting expansion of their partnership, Chime, the leading mobile banking platform, and the Dallas Mavericks have announced an extension of their sponsorship deal, marked by the introduction of exclusive …

xAI, Elon Musk’s AI venture, is reportedly aiming to raise billions in its latest funding round, potentially increasing its valuation from $24 billion to $40 billion. Following a $6 billion raise in the spring that brought its valuation to $24 …

In a move reflecting the surging demand for artificial intelligence (AI) infrastructure, Cerebras Systems, a prominent player in the AI hardware sector, has filed for an initial public offering (IPO) in the United States. Known for its highly specialized AI …

Boeing is reportedly planning to raise $15 billion in new capital to stabilize its finances amid production setbacks in its 737 and 787 programs. This would be Boeing’s largest capital effort in recent years, potentially involving both debt and equity, …

A federal judge has blocked the $8.5 billion deal between Capri Holdings, parent company of Coach and Versace, and Tapestry. This ruling halts the merger aimed at creating a powerful American fashion conglomerate to compete with European luxury giants. The …